u/Outrageous-Bed-7115

How much does it cost to buy a parking slot in Bangalore societies?

I stay in a society near Whitefield and was looking to buy a second car parking slot.

Right now, people here rent out their parking slots for around ₹1,000 per month.

When I checked with the association to buy an additional slot, they quoted around ₹5 lakhs.

Is this a reasonable rate or is it too expensive?

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u/Outrageous-Bed-7115 — 7 days ago
▲ 1.3k r/GatedCommunitiesIndia+2 crossposts

House help cost inflation across NCR!

Looks like NCR residents are discovering that supply-demand works both ways, even for domestic help.

Honestly, not entirely a bad thing in my opinion.

u/21Kuranashi — 13 days ago

I've been looking at homes to invest in. Mainly for rental income.

Heard about this strategy of buying on the ground floor. First of all, that home would be cheaper.

And there are people who are looking specifically for ground floor homes. Old age people, families with pets etc. And they stay for longer periods, I won't have to pay brokers every few years to get a new tenant.

Can someone verify if this strategy would work

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u/Outrageous-Bed-7115 — 17 days ago

The flat right across mine, on the same floor has a different property tax than mine.

So does the flat right below mine

Anyone knows what all factors are considered while calculating property tax? I wonder if the govt portal is broken!

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u/Outrageous-Bed-7115 — 19 days ago

Looking at a project with G+15 floors.

There’s one unit on the ground floor and a similar one on the 7th floor. The ground floor unit is cheaper by about ₹2.5 lakhs.

I won’t be staying here, this is purely for renting out.

I’ve heard ground floor units can have issues like insects, less privacy, and more noise.

In this case, is the ₹2.5L saving actually worth it, or does the ground floor come with bigger downsides when it comes to renting?

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u/Outrageous-Bed-7115 — 24 days ago

In this apartment, a 1BHK costs 1Cr. Now you can afford that, but not stop spitting gutka all over..

This is the 3rd or 4th time the parking was painted, now again its all getting dirty.

How can we make residents follow basic civic sense!

u/Outrageous-Bed-7115 — 27 days ago