Bangalore: Flat prices in Bangalore are expected to go up as the guidance value has recently increased. As per the experts, developers will be incurring increased guidance value from the customers, homebuyers may have to spend additional 10 to 15 % for buying apartments.Some of the builders said, the rate of completed projects is mostly driven by demand while the guidance value is a crucial factor that determines the price of the project. According to CREDAI sources, the guidance value, usually is increased in intervals, thus at least 7 to 10% rise in price in coming 6 to 9 months can be expected.In the current scenario, flat prices in Bangalore range from Rs. 25 lakh to 5 crore, depending on the location, size of the apartment and construction quality. The city at present boasts approximately 1 lakh flats which are under construction and as per the survey only half of them are booked.Homebuyers are certainly not happy with the hike in guidance. According to them, apartment’s registration value should be estimated at the time of booking itself and not later. Buyers have to suffer anyway, they have to face delay in delivery of apartments as well as the unprecedented rise in property prices. Middle-class homebuyers majorly suffer from this situation.One of the reputed builders in Bangalore said that, most of the residential projects located in suburbs of the city started the construction process when the guidance value was about Rs. 500 to Rs. 1500 per sq ft. Buyers who booked apartments during this period will have to bear the current guidance value which is around Rs. 1,500 to Rs. 5,000 per sq ft.займ на карту без отказов круглосуточновзять кредит онлайн
