 |
| |
 |
| |
|
Dear Investors,
Best wishes
to YOU all.
I hope Bangalore, as an investment destination has been
nice to you. Before discussing in detail
about NIPMO, I wish to highlight the chief cause behind
the formation of NIPMO which is YOU.
You,
as an investor, play the most important part in this sector
of real estate, as it you who ultimately
buys the finished / unfinished product from the developers
and lead them to create more and varied projects, devising
more ways to woo you and the more researched
and reasonable your demands are, the better product and
better returns can be enjoyed by you. You
determine the present status of the market and by the demand
created by your need, the next course of the market is drawn.
Since you are the all important back bone
of this huge community of real estate, your well being and
safety naturally becomes the most important topic to be
continuously pondered on and acted upon. |
|
| |
............................................................................................................................................. |
| |
CAKES
GET SPOILT, SO DO SITES. IS TIME THE CULPRIT? |
| |
............................................................................................................................................. |
| |
|
To
start with, lets say you have brought your
dream site/home after doing the necessary ground work in
an approved and developed layout. The infrastructure in
the Layout is complete, with black topped roads, adequate
streetlights and a water supply and sewerage setup etc.,
with beautiful gardens and tree avenues. It is this completed
appearance of the layout presented with attractive gardens
seeming like a cherry topped cake, that drove you into buying
a property there, than in any other layout in the same preferred
location. |
|
| |
............................................................................................................................................. |
| |
DREAMS
CAN TURN HARSH, IF YOU SLEEP LONGER THAN YOU SHOULD? |
| |
............................................................................................................................................. |
| |
|
An year has passed,
the monsoons have been good and over, ensuring good crops
in agricultural fields and "the roads in your
layout have potholes and ditches" and may
be a few more monsoons down the line, they might seem more
like the fields, than how it looked when you
brought your site here.
Look
further, the street lights next to your dream site / house
are damaged by the street urchins. A few light bulbs might
still be flickering fighting hard to stay on, against the
worn out wires that require repairs and replacements.
Most
importantly, the vulnerability of your dream homes security
is kindling many a thief’s imagination as the nearest
police station is no where near.
So,
are YOU ready to spend the time, money
and personal attention towards the maintenance of your property
/ layout? If not, please read on … |
|
| |
............................................................................................................................................. |
| |
UNDERSTANDING
MAINTENANCE |
| |
............................................................................................................................................. |
| |
|
Unlike
apartments, where occupants are present in the form of owner’s
/lessors, and an association formed amongst themselves,
can actively participate in maintaining the complex., In
a layout, vacant sites outrun the number of houses by a
big margin (but of course with the exception of very few
layouts, where housing is encouraged regularly) and hence
the question of maintenance should be answered by the developer
himself or the clients.
Once
again, unlike apartments, the clients who own the sites
in a layout stay away in the city and in many cases out
of the Country also, busy with their careers and schedules,
enjoying the comforting thought at the back of their minds,
of having made a presumably good investment.
So, obviously, the most and only practical solution lies
with the developer, who should take charge of the Maintenance.
Now, maintenance of a layout is one issue but charging the
clients for the same is another, because, as we see its
being done in varied ways in Bangalore city and how far
does it assure peace of mind at a reasonable cost is the
point, the clients have to look at, as seriously as the
site itself. |
|
| |
............................................................................................................................................. |
| |
BRAND
BANGALORE |
| |
............................................................................................................................................. |
| |
|
BRAND
BANGALORE is appreciating at a fast pace and the
idea of owning a piece of Bangalore might seem like "now
or never". This might push you to buy properties at premium
or high rates, but please do remember, that a good, adequate
arrangement of maintenance of the layout is as important as
the creation of the layout. Otherwise, even "Brand Bangalore"
might be unable to help you with the appreciation of the value
of your property. Also, this maintenance – arrangement
becomes the life of you property if you plan to build a house
and stay there. |
|
|
|