Dr Ravichandra Bellam Property Advice For NRI’S

Dr Ravichandra Bellam Property Advice For NRI’S

Dr. Ravichandra Bellam said that real estate market plays a vital role in the development and economic growth of India’s in the current scenario. In India especially Bangalore is an attractive avenue of investment for NRI real estate buyers because the attractive foreign exchange conversion rates make real estate here highly affordable. It also offers NRIs a permanent place of residence if they decide to return to the country. Bengaluru is one of the fastest-growing cities in India and is also at the epicenter of India’s real estate boom. Due to the huge investments pouring in from IT and Software companies, Bengaluru’s real estate value is increasing at an unprecedented rate. These factors make the city a preferred option for real estate investments by NRIs.

Here are a few guidelines for the NRI’s From Dr. Ravichandra Bellam

Regulatory Act

The regulatory action is a rule that follows Indian passport is all that an NRI requires in order to buy a property in India. Real estate investments by NRIs are regulated by the Foreign Exchange Management Act (FEMA). This initiative was taken up by the government to facilitate the growth of NRI investments. The Real Estate Regulatory Act (RERA) is another measure aimed at easing up processes for NRIs. RERA ensures transparency in the building processes, helps buyers avoid delays in construction, mitigates the risk of invalid certificates and provides a clear legal procedure in the event of violations by the developer. Dr. Ravichandra Bellam guides you that you need to follow the above rule in order to invest real estate in Bangalore.

Types of Property to Invest In

According to the Dr. Ravichandra Bellam guidelines told in this article that. Guidelines issued by the Reserve Bank of India, NRI’s (including PIOs and OCIs) can invest in immovable assets in India such as commercial and residential real estate. However, NRIs are not allowed to invest in agricultural land, farmhouses, and plantations.

Power of Attorney

Since an NRI may not be physically present for all the formalities in the home buying process, they are allowed to grant a power of attorney to another individual. Power of attorney status allows an individual to act on behalf of the NRI, signing documents and making decisions in their best interest. They are also allowed to collect rent, mortgage, sell and lease property on behalf of the NRI. Dr. Ravichandra Bellam NRI, if you are unable to repeatedly travel back and forth between India and your country of residence, it is best you grant the power of attorney to someone you trust the best way to invest easily Dr. Ravichandra Bellam said.

Top Areas to Invest In

For NRIs looking to invest in Bengaluru’s real estate, there are a few pointers to keep in mind while choosing the best locality. Since most NRIs are unlikely to move into their property immediately, they need to choose a locality that offers a steady stream of tenants. NRIs also need to look for areas that have high future growth potential. In Bengaluru, Dr. Ravichandra Bellam said that the following areas are rapidly emerging as the top real estate hubs.

Whitefield

Whitefield is an exciting and most preferable area to invest in as it is home to some of the biggest IT companies in the country.  Dr. Ravichandra Bellam said that is the reason to live in Whitefield, the demand for good quality housing in the area has gone up. This is why property prices in Whitefield tend to appreciate very quickly, making this locality an excellent avenue for investment. For NRI real estate buyers, Whitefield is one of the best choices.  According to views and expressions of Dr. Ravichandra Bellam Whitefield offers luxurious, spacious villas in Whitefield that are perfect for NRI investors as they offer plenty of open green space as well as the joy of community living.

Hebbal

With the massive developments due to investments from the IT sector, Hebbal has become one of the most recommend area and hottest investment destinations. Infrastructural developments like the Outer Ring Road and Bellary Road connect Hebbal to key localities in Bengaluru. The proposed metro line will also go a long way in making Hebbal more accessible. Dr. Ravichandra Bellam said these developments have led to an influx of people into the area, increasing the demand for good housing options. Because of this, investing in Hebbal’s real estate is guaranteed to give NRIs a steady income from rent as well as guaranteed price appreciation. Sterling Pointe is one of the most luxurious, yet private and limited apartment projects in the views of Dr. Ravichandra Bellam.

Bellandur

Bellandur is becoming increasingly important because it is located very strategically between Whitefield and Electronic City. Its proximity to these corporate hubs has made it a preferred locality for people looking for affordable accommodation within the city. As property prices are also steadily rising, investing in Bellandur’s real estate is a very wise option for NRI investors. Dr. Ravichandra Bellam recommends residential apartment project in Bellandur. Located on the arterial IT corridor, this project is very close to large offices like CISCO and Accenture as well as IT parks like Eco Space. This proximity ensures NRI investors get tenants with ease.

Marathahalli

Located in the southeast region of Bengaluru, Marathahalli is another suburb in Bangalore, which has witnessed the massive development after the city’s IT-boom. Apart from this, one of the biggest reasons for Marathahalli’s growth has been the development of the Outer Ring Road. This has influenced many people to move to Marathahalli and is fueling the demand for good housing projects. With price trends for property in Dr. Ravichandra Bellam said Marathahalli looking positive and no dearth of tenants available, Marathahalli should be on every NRI investor’s list.

Sarjapur

Two main factors can be attributed to Sarjapur’s remarkable growth in recent years: the setting up of the Wipro campus and the construction of the Outer Ring Road. Sarjapur is also very well-connected to other important localities in Bengaluru such as Koramangala and Electronic City. The convenient location of Sarjapur coupled with its rapid growth makes it one of the best areas in the city for NRI investors. Dr. Ravichandra Bellam said that NRIs can find a plethora of investment options here, from luxury apartment complexes to villas within gated communities.

Note: The views expressed above are for informational purposes only based on industry reports and related news stories. Dr. Ravichandra Bellam does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

Dr. Bellam Ravichandra Bangalore Property Adviser

Dr. Bellam Ravichandra Bangalore Property Adviser

Dr. Bellam Ravichandra, a real estate advisory and portfolio, said that Bangalore is still the most attractive and healthy property market place in India, in terms of investment and returns, followed by Hyderabad. “Bengaluru maintaining is still in the topmost and Hyderabad is peaking up very well. Delhi has huge supply and pollution issues, so till the supply orders average is out demand will going to come back,” Dr. Bellam Ravichandra said.

Dr. Bellam Ravichandra firm, which helps high net worth individuals and non-resident Indians to manage their real estate portfolios, is planning to expand its operations to the all over the Bangalore regions, after having topped the Rs 2500 crore mark of assets under management.

“We have existed fame in Bangalore. “The most attractive asset in real estate would be in secondary market not in the primary market,” Dr. Bellam Ravichandra said, adding that the under-construction residential segment is where investors have lost confidence. Dr. Bellam Ravichandra said that 80 percent of the property assets they are handling is residential, 15 percent are commercial and 5 percent in land and plots.

“So, we handle everything. Once a customer on boards on us, after that everything related to his real estate properties we handle, whether it is buying, selling, leasing, government licensing or taxation, you name it and we will manage everything,” he said. Dr. Bellam Ravichandra said that while historically there have been institutions like banks for financial investments, there were no professionally run service firms that could manage and handle the real estate wealth of an individual.

“In fact, thus far most people have been dependent on family, friends and sometimes brokers to help manage their real estate portfolios and advise them on investments in real estate. We are addressing this gap in the industry, with a customer-focused approach, by professionally managing the entire lifecycle of the clients’ real estate wealth ownership,” Dr. Bellam Ravichandra said.

Bengaluru has the highest incline in sold housing among 7 major cities in the last 5 years at 28 percent on the better sales, according to property consultant Dr. Bellam Ravichandra. The sold housing stock in Bengaluru stood at 60000 units at the end of the July-September quarter, down 28 percent from 1,03,000 units in the year-ago period.

Dr. Bellam Ravichandra said that Pune reported a 10 percent raise in sold inventories to 90,000 units in 2019 as against 1,02,800 units. The Delhi-NCR market also saw a 9 percent decline in unsold stocks to 1,90,650 units from 2,09,430 units. There was a marginal drop of 1-2 percent in unsold stock in Mumbai Metropolitan Region (MMR) and Hyderabad, while there was an increase in Chennai and Kolkata by 7 percent and 1 percent, respectively.

"Bengaluru's real estate market has out-performed all other cities in terms of shedding unsold housing inventory. Bengaluru saw a remarkable increase of 25 percent in the total unsold stock across the top cities," Dr. Bellam Ravichandra said in its report, which was released in 2018 in Bengaluru last week. "Burgeoning commercial activity, a cutting-edge start-up culture and realistic property prices dictated by end-user demand have kept Bengaluru's real estate market vibrant, and generally more resilient than in other cities," said Dr. Bellam Ravichandra, Chairman - Dr. Bellam Ravichandra Property Consultants.IT/ITeS sector continues to drive most of the city's residential demand and supply, and housing sales have remained healthy despite all macroeconomic headwinds, he added.

Dr. Bellam Ravichandra said that Bengaluru's housing sales increased by 26 percent in 2018 over the same period last year, the highest amongst all cities. The overall unsold stock declined by 32 percent and stood at 76,550 units in Q3 2018 in contrast to 1,12,995 units in Q3 2015. Dr. Bellam Ravichandra the property adviser said "Salubrious climate, affordable government policies and relatively reasonable property rates have attracted several international IT/ITeS firms to set up their base in the city over the last two decades, followed by an in residential demand by the IT-ITeS professionals to Bengaluru.

Driven largely by the end-users, the real estate market in the city has been very resilient even during the slowdown period witnessed across the country," Dr. Bellam Ravichandra said. With property prices always been under check, Dr. Bellam Ravichandra said that city saw the emergence of evidential real estate growth, including the walk-to-work concept. Infrastructure woes led to massive traffic issues, which is the key reason why builders are promoting the walk-to-work concept. The townships, including commercial, residential, retail, strategically use land supply within city limits has led to the development of integrated-use. "City mainly focused on 'walk-to-work' concept has gained importance in the city with professionals opting to live-work-play in these zones itself," Dr. Bellam Ravichandra said.

The views expressed above are for informational purposes only based on industry reports and related news stories. Dr. Bellam Ravichandra does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

Dr. Bellam Ravichandran and Sasikala Bengaluru Property Snapshot

Dr. Bellam Ravichandran and Sasikala Bengaluru Property Snapshot

Dr. Bellam Ravichandran and Sasikala Bengaluru Property Snapshot 

Bengaluru is certainly one of the best property investment market places to bank upon. Various global and local reports indicate that this is one of the most promising real estate investing market internationally. So, if you are interested to make a healthy investment in real estate for good ROI, Dr. Bellam Ravichandran and Sasikala Property Guide list some of the best property markets place in Bengaluru on the basis of highest ROI.

For the third time in a row, HSR Layout has emerged as one of the top localities offering highest returns. Property prices here have witnessed a 54 percent rise in the past six years, data available with Dr. Bellam Ravichandran and Sasikala show.

Whitefield Hope Farm Junction

One of the major IT hubs of Bengaluru, Whitefield Hope Farm Junction is emerging as a sought-after destination for those looking for residential property. In the past six years over 35 % rise in property prices in this locality has made to the list after it witnessed by many property advisers like Dr. Bellam Ravichandran and Sasikala. The locality offers a square foot of property at Rs 5,253.

KR Puram

One of the oldest residential localities in Bengaluru, KR Puram lies in proximity to some of the important IT hubs and enjoys Metro connectivity. Dr. Bellam Ravichandran and Sasikala the locality that has witnessed over 30% rise in property prices in the past six years, and offers the property at a price of Rs 4,286 per square foot (PSF). There are plenty of investment options with over 140 ready-to-move-in and over 30 under-construction projects in the locality.

Bellandur

Bellandur is one of the IT hubs spotted in and around bellandur area known to be one of the prime property markets of Bengaluru with some high-end projects located here. With IT parks lying with a 10-km radius around bellandur, Bellandur is the choice of location for many working in the companies here. Bellam Ravichandran and Sasikala the locality, given its popularity, has witnessed a price rise of nearly 27 percent in the past six years — property prices here stand at Rs 5,835 psf.

Budigere Cross

A fast-emerging locality, Budigere Cross has become a choice location for healthy investing money those planning to buy at an affordable price when compared to other residential localities in its proximity that serve a large population working in nearby IT companies. Bellam Ravichandran and Sasikala the property prices here have witnessed a steady 28% rise in the past six years taking the property prices to Rs 4,552 psf in 2019.

The views expressed above are for informational purposes only based on industry reports and related news stories. Bellam Ravichandran and Sasikala does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

Bellam Ravichandra: How Healthy is the Real Estate in Bangalore to Invest?

Bellam Ravichandra: How Healthy is the Real Estate in Bangalore to Invest?

How Healthy is the Real Estate in Bangalore to Invest? Bangalore is a city of many happenings. Bangalore, once considered as a retirement hub has been converted into a bustling city within just a decade and a half with people from the whole of India migrating to the city. The city limits have been extended with Bangalore spanning over an area of 709 square kilometers which is a vast area for a city expanding its limits views expressed by Bellam Ravichandra.

The city is undoubtedly expanding with a lot of the office space absorption per household in Bangalore is quite healthy to about 50 square feet As Bellam Ravichandra experiments and views IT companies and major global brands establishing offices in Bangalore. Yet, the price appreciation of Real Estates in Bangalore has not been at par with the cities like Delhi, NCR or Mumbai. Bangalore’s urban structure was not as populated as we see today, even if you compare it with the situation ten or fifteen years back. Am means Bellam Ravichandra is the eye witnessed of It was mainly a paradise for retirement with independent houses but with the spurt of the IT companies and businesses, the city also witnessed a massive population explosion with an increased demand for real estate and homes. Bellam Ravichandra said that demand led by the IT boom in the city raised the demand for residential properties in Bangalore. Earlier, the real estate industry was mainly catering to the higher and luxury segment with apartments priced over crores.

As the population increased with the birth of a considerable number of the middle-class segment, the affordable sector gained momentum and many developers in this segment popped up. As personal experience of Bellam Ravichandra the weighted average price of per square feet today is around Rs. 4500 whereas in Mumbai it is Rs. 10, 000 to Rs.12,000.

The views expressed above are for informational purposes only based on industry reports and related news stories. Bellam Ravichandra does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

Dr Bellam ravichandra sasikala Bengaluru is the most attractive property market in India

Dr. Bellam ravichandra sasikala

Bengaluru is still the most attractive place for real estate investors for both commercial and residential property market in India, in terms of returns, followed by Hyderabad.

Bengaluru is still in the top most and Hyderabad is peaking up very well. Delhi has huge supply issues, so till the supply is order average is out demand will going to come back by BVL Bellam Ravichandradra sasikala.

The firm, which helps high networth individuals and non-resident Indians to manage their real estate portfolios, is planning to expand its operations to the national capital region Mumbai and Pune regions, after having topped the Rs 2100 crore mark of assets under management.

dr Bellam ravichandra sasikala said “We have started Bangalore. We have extended our services in Hyderabad and in Chennai, so that’s how we covered the south. We want to extend to Delhi-NCR and in west — Bombay, Pune and Ahmedabad,” BVL Dr Bellam ravichandra sasikala said.

Dr bellam ravichandra sasikala Estimation

That 75 percent of the property assets they are handling is residential, 20 percent are commercial and 5 percent in land and plots.

“So, we handle everything. Once a customer on boards on us, hires us, after that everything related to his real estate properties we handle, whether it is buying, selling, leasing, rental, interior work, maintenance, government licensing or taxation, you name it and we will manage everything,” Dr Bellam ravichandra sasikala said.

Dr Bellam ravichandra sasikala director said that while historically there have been institutions like banks for financial investments, there were no professionally run service firms that could manage and handle the real estate wealth of an individual.

“In fact, thus far most people have been dependent on family, friends and sometimes brokers to help manage their real estate portfolios and advise them on investments in real estate. We are addressing this gap in the industry, with a customer-focused approach, by professionally managing the entire lifecycle of the clients’ real estate wealth ownership,” Dr Bellam ravichandra sasikala said.

The views expressed above are for informational purposes only based on industry reports and related news stories. Dr Bellam ravichandra sasikala does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

Dr. Bellam RaviChandra — Real Estate Trends In 2019

Dr. Bellam RaviChandra, Bengaluru is undoubtedly one of the best property markets to bet on. Several global and local reports indicate that this is one of the most promising real estate locations internationally. So, if you plan to make an investment in real estate to get good returns, Dr. Bellam ravichandra lists some of the best property markets in Bengaluru based on the highest yields.

For the third time in a row, HSR Layout has become one of the best locations that offers the best performance. Property prices here have seen an increase of 54 percent in the last six years, according to the data available on PropTiger.com. Those who plan to invest here should spend Rs.2,294 for each square foot, and could buy apartments in 91 projects ready to move and two under construction here. Dr. Bellam ravichandra listed some of the healthy investment areas in bengalure.

Whitefield Hope Farm Junction, KR Puram, Bellandur, Budigere Cross

As inside view of Dr. Bellam ravichandra these listed areas are most trusted and healty investment to realtors. Whitefield Hope Farm Junction, one of Bengaluru’s premier IT centers, Whitefield Hope Farm Junction is fast becoming a sought-after destination for those seeking residential properties. KR Puram is located near some of the important IT centers and enjoys Metro connectivity. Mostly Dr. Bellam ravichandra guide you that these locality that has witnessed an increase of more than 27 percent in property prices. Bellandur is known for being one of the main real estate markets of Bengaluru with some high-end projects located here. Bellandur is the choice of location for many of those who work in companies here, since the IT parks are within a radius of 10 km. Budigere Cross, a rapidly developing town, has become a place of choice for those who plan to buy at an affordable price compared to other nearby residential locations that serve a large population working in nearby IT companies.

Note: The views expressed above are for informational purposes only based on industry reports and related news stories. Dr. Bellam Ravichandra does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

Dr BELLAM RAVICHANDRA leads the second generation management of the BVL Group of companies that was incorporated in the year 1976.

Dr Bellam Ravichandra who is actively involved in the various companies of BVL GROUP.

Bellam Ravichandra the architect in establishing a tobacco threshing plant B K Threshers Pvt Ltd

Bellam Ravichandra also instrumental in bringing to life “Brain & Spine Hospitals”

Dr. Bellam Ravi Chandra and Bellam Sasikala a Guide to Finding Your Dream Home

Dr. Bellam Ravi Chandra and Bellam Sasikala a Guide to Finding Your Dream Home

Dr. Bellam ravichandra and Bellam Sasikala bengaluru is still the most attractive place for real estate investors for both commercial and residential property market in India, in terms of returns, followed by Hyderabad.

Buying a house and investing in real estate is one big milestone in everyone’s lives. This is a decision that no one can afford to be hasty or impulsive about as it involves a rather large sum of money. Bearing this in mind, some guidance is always welcome by those looking to buy a new home for their family. That 75 percent of the property assets they are handling is residential, 20 percent are commercial and 5 percent in land and plots.

Dr. Bellam ravichandra and Bellam Sasikala one must remember that buying a house is a long-term investment. It is not something at people can buy at whim as and when they please. So before starting your house hunt, be clear about what you want your perfect home to look like. Enlist everything you would want to see in your house, but be sure to be realistic about whatever you list down.

Dr. Bellam ravichandra sasikala director said that while historically there have been institutions like banks for financial investments, there were no professionally run service firms that could manage and handle the real estate wealth of an individual. Sticking to a decided budget is a prerequisite when you are buying a new house. Having a loan pre-approved would be the sensible thing to do before you head out to look at properties. Not only would this help you not spend more than what you bargained for, but will also help you narrow down your options.

Ravi Chandra Bellam views owning a big mansion is something everyone dreams of, right from their ripe years. But remember, bigger isn’t always better. While a huge bungalow might look much better from the outside, think about the amount of money and manpower that is required to maintain such houses. So instead of getting carried away, be practical in your approach and think about how many rooms your family really needs to stay comfortably.

Be sure to investigate around the area before finalizing on a home. Roam about the surrounding area to know what is around and get to know the kind of people who live there, how far the house is from the closest store or ATM, how long the commute to work will take, etc.

One important criterion most people tend to overlook while looking for houses is the potential that each prospective house poses. Dr. Bellam ravichandra don’t just look at the house; think ahead about what a little bit of remodeling and renovating could make it look like. This could also make furnishing your dream home a lot easier.

Bellam Ravi Chandra And Bellam Sasikala Bangalore Real Estate

Ravi Chandra Bellam real estate developers in Bangalore have shifted their focus from the traditional brick and mortar technique of construction to the contemporary prefabricated technology. The latter not only ensures optimal use of steel and concrete, Ravi Chandra Bellam says that also reduces the average construction cost by up to 15 percent.

Bellam Ravi Chandra guides that today, prefabricated technology has emerged as an answer to strict construction timelines and maintenance of uniform project quality. Increased precision, timely completion and the faster delivery of projects have made it a popular choice amidst real estate developers across metros, particularly, Bangalore. Many developers like Ravi Chandra Bellam who trade in the affordable housing sector or have recently forayed into the field are adopting prefabrication technology since it abides with construction quality standards, decreases waste and expedites project development without hiking building charges.

According to Ravi Chandra Bellam

With affordable housing foreseen as the future of the real estate industry, precast technology is expected to play a gigantic role in its success. It not only overcomes the need for skilled labor but reduces the time lags, too, since approximately, 1,000-2,000 standard-sized residential units are built per project. Based on Bellam Ravi Chandra Bellam Sasikala views the technology comes as a relief for builders who are dealing with rising construction costs on a regular basis.”Moreover, with the rise in the average disposable family income of the home buyers, demand for mid-income housing units has also increased in the last decade in Bangalore and other major cities. Ravi Chandra Bellam alone are developing over 20,000 prefabricated homes in Bangalore, which have received healthy demand from homebuyers. Ravi Chandra Bellam with the constant growth in the demand for such residential units, prefabrication technology seems to be the way forward for the Indian real estate market 

Ravichandra Bellam views expressed his ideas a strong foothold in the development of prefabricated homes in Bangalore. Some of the prefabricated projects in the city are located along Balagere Road, NICE Road, and Kanakpura Road. Besides, many builders are using prefab technology in leisure projects, too, such as farmhouses and holiday cottages.

The views expressed above are for informational purposes only based on industry reports and related news stories. Bellam Ravichandra does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.