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112900.00 Dollar US$ Properties in electronic city phase 1 Bangalore
- Location: Electronic City, Bangalore, Karnataka, India
Mahendra Aarna a name which you must have most definitively heard when looking to buy a flat in electronic city Bangalore. Sprawled across 9.2 acres and hosting 744 vastu compliant apartments, this pet project of Mahendra Builders makes for a living experience like no other. One of its key specialties lies in the fact that though it is just a ten- minute drive away from Electronic City the I.T hub of Bangalore, it is situated in a tranquil atmosphere with lush greenery, thus bringing you the best of both worlds. Possessing more than 40 amenities such as a clubhouse, gym, a cricket pitch, squash court, an infinity swimming pool, a meditation court etc, this place is a dream comes true for anyone who is looking for more than just a roof on their head.
There has also been a proposal by the honourable finance minister to increase the circle rate from 5% to 10% for the purpose of taxation. Earlier, if the market value was less than the circle rate by more than 5%, the difference was counted as income for both the buyer and seller. But this proposal would be a boon to both parties involved and provide relief to the real estate sector. All these factors have led to an increase in the sale of properties in electronic city phase1as it is an area where there is a constant development of infrastructure. There have been constant measures undertaken to expand and develop the area due to the presence of several I.T companies in a bid to make it more investor friendly. The area continues to grow by leaps and bounds which has led to several projects springing up. One of which is Mahendra Homes who have already constructed several ready to move flats in Electronic City like Mahendra Elena, Elena-5 and Mahendra Aarna and are known for their tasteful interiors and a penchant for open spaces and greenery.
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