What 2016 have in store for Indian real estate

Every Residential Places Needs Commercial places as well

The experts feel that by the fall of 2016 there are signs of recovery in the real estate market which signals the end of the painful journey of the sector till now. India is seen today as the land of opportunity for both business and investment. Let us look into the year 2016 by gazing at what happened in 2015.

Office and the Commercial sector

There is an interesting fact relating to the office space absorption in the Indian real estate in 2015. The absorption rates went as high as 35 million sq. ft. which is the second highest figure in the history of the country after 2011. While the vacancy at the pan India level stands at 16 percent even now the realistic vacancy of commercial space is at 8 to 9 percent. For Example the risen need of residential property in Mysore road attracts many off-source investors to make commercial places here. The reason is although the vacancy was higher; the realistic vacancy was lower which a trend of the corporate is. This means that the demand in 2016 will also be there. There was a rise in the rental prices across the major markets of India. 

The projection is that the demand will remain constant over most of the period of 2016 with the positive bias being shown by the corporate occupiers. The trend watchers also remark that there will be a continued demand for the leased spaces but there may be a mismatch between the supplies of quality office space.  This also means that there will be higher demand of grade –B office space.

Rise in Capital gain over the year 2015

Growth of the Capital Markets

The capital market activities were fairly interesting in the real estate sector. The private equity continued to remain very high in the real estate market especially in the commercial sector. The entity level investments also were high which indicated the investor’s confidence. If you look at the focus of the assets the residential sector did attract considerable amount of funding but when it comes to equity investment the volume was low and insignificant for the residential sector.

The statistics reveal that the office space yielding income did attract the majority of the private equity investment in 2015. The investments in the tier I cities were more with Bengaluru, Mumbai and NCR attracting the most of the investments. This accounted for the 73 percent of the investment which the experts state is a state where a great stage is being set for the year 2016 to be highly prospective. The trend watchers opine that 2016 may witness the same kind of investment activities noted in 2007.

Residential Sector:
As far as the residential sector demand is concerned there was not such a great hope and optimism in the market in 2015. The sales have picked up in the major markets like Mumbai, Bengaluru, Hyderabad and the NCR. This primarily happened because of the government measures and lucrative offers or claims by developers to boost sale. In the markets where there were excessive unsold stocks the launches did reduce and the consumer’s sentiments have improved a lot. The RBI also has been reducing the repo rates continuously to increase the buyer’s confidence and assessment of affordability. There is another indicator that is also a plus to the market which is the increased growth of the demand of the office and commercial sector which will surely surge the residential sector demand. The myth goes that for every 100 sq. ft. absorption of office space there is a demand of 600 sq. ft. of residential spaces. This means that there is a great hope for the residential sector to turn around to great heights. The indications have already started showing in major markets like Bangalore, NCR, Hyderabad, Pune, etc. The sale of residential apartments in Bangalore, Pune, NCR, and few other cities have already started picking up but don’t do such mistakes while buying property.  The stage is set for 2016, opine the experts.

The retail market:

In 2015 there wasn’t any addition of quality retail space in the market. But even then the trends noted were that there was entry of institutional investors which is expected to bring the retail brands to come and explore the Indian market anew.

The industry experts note that there will be entry of the mature retail investors who are predicted to come and invest in the built-up and ready to move in retail space. It can be expected that once their foothold is strong in India they would invest in the ‘greenfield’ assets. There will be a dearth of quality retail spaces opines the experts as the demand will overpower the supply and regarding this the experts say that retailers will have to be flexible in their approach and customize according to the availability and conditions of the micro-market.

Mysore Road Mapping Towards Next Residential Hotspot

The connecting road of Bangalore to Mysore became the reason of Growth in properties price.

In just a matter of three or four years, apartments, houses and residential complexes have outnumbered in and around Mysore road. Even the number of planned layouts, plots and villa projects have also spawned and multiplied exponentially in the area. The activities of buying and selling in and around Mysore road have also multiplied and there is a huge demand of properties in the place.

The reasons for the flourishing of the place are many and few among them are Bangalore Mysore Industrial Corridor Project (BMIC), resorts, amusement parks, International schools, colleges, hospitals and industrial estates which are there due to which there is hectic real estate activity which seems to go on in a never ending spree in the area. This again spurts the residential influx of the place which boosts the prices at a great up-scaling momentum.

There are even greater plans of the government to develop the stretch along the Mysore road with four lane parallel roads which is being constructed which would connect the adjoining taluks including Kanakpura on the way towards Mysore. Many layouts in between Kanakpura and Mysore road are coming simultaneously for the buyer by land developers in recent time. While the plan is to develop the BMICP into a place full of Industrial Parks, IT hubs, tourism centers, residential hubs and also different eco-centers, the old Mysore road will be developed for other private initiatives which would also prosper simultaneously.

The immense growth and upcoming projects at Mysore Road are key to rise property value. 

The ongoing studies that are being conducted show that the number of apartments have multiplied four times in the area in the last three or four years starting from 2012. Statistics say that by the end of 2014 around 500 units were launched and by the end of 2015 another 700 added to the last years’ figure. This shows that there is an increasing demand of the apartments and dwelling units in the area. The growth of the plots and layouts in the area is although a bit constant but it is being noticed that the prices of the residential units are huge in demand and that too mostly in the places where there are plans of infrastructure development. That is precisely the reason the experts opine that one should enquire and know the rules of BBMP before buying land.

There are many developers constructing apartments both in the luxury segment and in the affordable segment. But many suggest buying land in and around Mysore Road. There are companies from the affordable segment also like TGS Layouts who have constructed land layouts and gated communities in the area. The company has land plots in gated communities namely TGS Padmavathi, TGS Mookambika and TGS Lakshmi which are at great locations where the company claims the growth prospects are pretty high. The rates of the company are pretty low and the claim of the company is that their prices are lower than the market rates at least by 40 percent. But at the same time the expert cautions that one should take the step after proper due diligence and enquiry about the builder by checking the existing customer feedbacks and complaints about the developer or the builder. There is no doubt that many stretches of Mysore road are in a rapid spree of development. This is especially true for the BMIC, the stretch along the four lane Mysore road and in some other places where IT hubs and offices are being constructed. The place near the NICE Road is also a place which is growing very fast due to the superb connectivity that it offers.  But the trend watchers again cautions the buyer to be careful and to judge the place, know the prospects and plans of BBMP and not to fall prey of any miscalculations buyer makes while dealing with property.
Take this virtual tour of properties at TGS Layouts in Mysore Road, you may find these property a worth to investigate as these plots in layouts are tagged as the most affordable lands for investment.

Take Home Points for Buyers

The buyers need to understand that there are few factors which are responsible for the development of Mysore road and the adjunct areas.

Not all the property get appreciated find the right property
through its rating and invest on the best one.

The prosperity and demand of Mysore road increased mainly due to factors like the proximity and connectivity to Bannerghatta Road, Kanakapura Road and few other places like even the North of Bangalore to Yeshwantpur through the Ring Road and the NICE road. But distinction should be made between, within the range of NICE Road and beyond it. Infrastructure both physical and social like the Metro, widening of the roads, etc. are also responsible for the developers to flog to the area. But one important point that one has to keep in mind is that the infrastructural development including the construction of the metro will take 4 to 5 years to be complete. Thus the market watchers caution that the buyers of the property should weigh the pros and cons of the property properly and then go for it rather than getting allured by the illusions created by the developers and the property sellers.

Private Wall of Gated Layouts Can't Obstruct the Public Amenities

Front secured gated community layout restricted from public access

In a dispute and controversy between the BBMP and the residents of the M S Ramaiah City Layout the residents of the layout are proclaiming themselves as gated communities. But the former BBMP commissioner Mr. Siddaiah who is a civic expert also states that there is no such concept existing as gated community. Often such claims are made by the land developers while selling land plots. They are just a part of the city. Such misconceptions are to be avoided by the customers while buying property. If in case the existence of  a gated community obstructs the right to movement and hinders on the safety and security of those leaving outside the gated community then those structures have to be demolished.

Residential Layouts on Hilltop
source:https://layoutsreview.wordpress.com

 But this is what the residents of the M S Ramaiah city doesn’t want to admit and the controversy has erupted subsequent to the complaint lodged by K N Sharath Babu a resident of Adityanagar nearby when he took objection to the blockage of the road and the construction of the structure on the public pathway by the M S Ramaiah City. He lodged a complaint to the BBMP and because of their inaction he complained to the Lokayukta. His complaint was that the general public was restricted from entering the BBMP Park and the road that went through the gated community.  On inspection by the team sent by BBMP it was found out that a compound wall was constructed around the limits of the layout which obstructed the movement of public to the neighboring layouts or lands. The report of the committee sent for inspection opined that the structure and the compound wall is illegal and unauthorized and they also suggested further action.

Residential gated layouts developed by private builders

After this the residents of the M S Ramaiah City appealed to the high court and the court gave a directive against them and Bangalore Metropolitan Task Force (BMTF) gave a directive to the BBMP joint commissioner to follow the court order and furnish a compliance report to its effect.  Although the action is not yet taken but the directive of the BBMP is a solace to many of the neighborhoods who are also suffering from the same problem where many developers are marketing their residential properties as private layouts.  The sales claims made by land developers proclaim that these properties are gated communities. The experts advice the customers not to be misguided by such false claims and to check the papers thoroughly and avoid such mistakes while buying properties. Apart from checking the papers and documents the prospective customers are also advised to check the reviews and feedbacks of the customers and the people residing in the area and the layouts too. In this regard the experts advice that there is a new rule of the BBMP that came up restricting the developers not to sell undeveloped lands in layouts. As per the new guidelines of the BBMP the registration of the land requires that the developer provides all the amenities and facilities as proposed. 

Evaluate the Sales Claims Made by Real Estate Developers

Builders sometimes make dubious and false claims which make the buyers feel that they are at a gain but the experts point out that these are just marketing hypes and nothing else. They doubt how much of truth these claims have. For the buyers to know the real picture we gather few of the experiences of the experts with the builders and try to caution the buyer.

Know the selling secrets of Real Estate Developer

Prices always escalates

While selling, the builders always claim that the properties never go down in value which is a wrong claim. They also claim that the rental prices of the

properties would definitely go up but that can also be a trap as there is a great difficulty in predicting the trend of rental prices. These claims that the builders make has to verified by the customers and the buyers.

Lowest prices in the area

This is another instance where the builders are witnessed to claim that this is the most

affordable or low cost apartment in the place. In that case you should compare the square area of the other flats sold in the area and not go by the total price. The maintenance and the attendant charges have also to be taken into account. This also can be a hidden way of procuring the money from the customers. 

Claim of timely delivery due to Penalty clause

The penalty clause does not insulate the builders to finish the projects in time as few of the builders tend to include this penalty clause just to avoid any

compensatory claim. But these cheques bounce many a times. The others fix a compensation upper limit as per the agreement. It is better to talk with the lawyer while agreeing to all of this.  

They persuade the customers by telling about revised rates

There is no reason why the rates of the property would go higher with the given situation and the developers being more desperate to sell than the buyers

are to buy.  This is because the builders are in requirement of liquidity more than the buyer wants a home. Selling pre-launch projects without approvals was an ideal example of this but as per the revised rule no land developer can sell their projects without developing it properly. So this kind of statement that the rates would go up and would be revised soon is just a persuasive statement for the buyer to buy the product.

 Check the sample flat properly

Remember that the sample flat is always made in a way to look bigger and even the lighting arrangement is done in a way to seem the space to be larger

than it is. There may be even wooden partition walls to make the area seem bigger. The position of the sample flat is also such which receives most of air and sunlight but your apartment may not be such in the location you are allotted your apartment.  Don't day dream for it and avoid committing any emotional mistakes while buying real estate.

Builders claim that the money paid is refundable

It is not difficult to understand that a builder so starving for liquidity won’t be able to return

the customers’ money so easily on cancellation.  Few of the developers deduct 10 percent, others deduct 20 percent and still there are few who do not return the booking amount of the customers at all.   

Better to ask for a cash discount than the freebies

The freebies are another hindrance which increases the cost as the adage goes “nothing is

free.” In these cases if the builder is tied up with any financial institution or the bank you can get a better deal by approaching the bank directly.  Instead of accepting the freebies offered by the developer one should ask for a direct cash discount.  

Builders claim that they are tied up with the banks

The builders often console and assure the customers saying that they are tied up with the financial institutions and the banks. You need to see that the project is endorsed by the bank and only then can they claim that they are tied up with the banks.

But even if the project or the developer is tied up that does not mean that you will easily get the loan. It simply means that the chances of getting the loan from that bank are more than from other banks. 

       Any way as there are developers who are manipulative in their approach, there are genuine ones too. The customers need to look at these aspects and then judge the case and know that how much of truth is there in the statements that the developer is making. Find some genuine source or online reviews for discussing on the project or the offers of developers.

TGS Saraswathi Reviews

A few minutes’ drive from Nice-road, TGS Saraswathi located in Kanakapura road is a worthwhile land from the renowned seller of affordable properties, TGS Constructions Pvt. Ltd. This 18 Acre of land is cuddled amidst nature with greenery around and founded at the outskirts of the city at a walkable distance from the art of living foundation. While enclosed with many famous educational institutes, TGS Saraswathi is plotted with a total number of 360 plots with two different dimensions i.e. 30*40 and 30*50. As per the official records, more than 2/3^rd of the property has been sold out. Like the other projects of TGS Layouts this layout will have amenities like Children’s play area, a 30 and 40 feet wide road, jogging track, and many more. To know about all the amenities of this layout you can visit TGS Saraswathi Layouts.

Future prospects of TGS Saraswathi

The seamless connectivity of NICE road and Kanakapura road encircling TGS Saraswathi is easily accessible from all the parts of the city. The major projects like Namma Metro and ring road are the key future prospects. In addition to this, there are few plans of making amusement parks in the corridors of the city. The location has an advanced benefit of having a good water supply from Cauvery water supply which still is a struggling issue for the rest of the city. It holds a potential of driving the tourism industry which again will trigger a further development of the area.

A glimpse of TGS-Saraswathi in Kanakapura Road

Residential or Investment Prospects of TGS Saraswathi

Although the project and the infrastructure at the location are still under development, it still attracts many home buyers having a different range of budget who loves to live in the outskirts. The average land price varies from around Rs. 3000 - Rs. 4000 per sq. ft. while TGS Saraswathi offers you the same around Rs1000/- per Square Feet and if you are lucky enough you can get a discount on your total cost of the plot.  The future prospects of the locality is so strong that many investors including the top most builders and developers are developing their projects for all customer segments starting from low budget to high budget flats. For investors who are looking for rental business may not get enough rental income as compared to the premium localities of Bangalore but still the location can yield 12k-15k for a two bedroom home.

I would request people and the readers to express their views and opinions regarding the plots and land sold atTGS Layouts. That will help us in gaining insights about the place, the future prospects and the probability of increment of prices in the future. This will help lots of prospective buyers to take a decision. 
One can always find cheapest plots in Bangalore easily Because TGS is the one developer who compares their project cost with the original market price not with other land developers in the city. 

No Pre-launch or Underdevelop Layouts Can be Sold as per BBMP Rules

The Karnataka government has decided to abandon the system of releasing the sites for registration by the developers soon after the approval of the layouts. This was a bid to prevent the unfair practices of the developers and the real estate agents to prevent them from being exploited and cheated by the unscrupulous developers. To resolve this problem and to protect the common man and the consumers the government has already decided to abandon the system of releasing a portion of the land plot to the developer for sale and not to allow the developers to register the sites till the project is completed as per the approved plan by the local authority.

A properly developed layout can only be eligible for sale

BMRDA has a little to do with Layouts Approvals

Presently the local bodies of the urban areas and the cities like in Bangalore the Bangalore Metropolitan Regional Development Authority (BMRDA) and the Local Planning Authorities (LPAs) release these layouts and sites to developers for registration in the normal ratio of 40:30:30. Where BBMP has a little role in playing a little role in framing the rules and laws to approve these layouts. Just after the approval of the project 40 percent of the land is released to the developer as the first installment. This was the norm to help the developers to gather funds and take up the development work like the construction of the roads, drainage system, street lights, demarcation of the plots and completion of other works like culverts, barricades, walls, etc. The remaining 60 percent used to be released to the developers of the layouts in successive installments as and alongside these development work in progress. But unfortunately a very large number of the property developers were misusing these provisions of the government. This is one of the reason why I came up with a site TGS Layouts Reviews and to know the the reality behind the projects and properties of this developer I prepared a public place to share feedback on the properties of TGS.

no use of applying for approval

KTCPA Plans on fraudulent

The town planning experts opine that the developers were deceiving the Urban Local Bodies and the Local Planning Authorities and there have been multiple complaints from the citizens and the consumers that they were being cheated without providing the necessary infrastructure promised. The most affected were the people who were allotted the land plots in such layouts in the first installment. To curb such practices and as an attempt to bring an end to such unfair practices there have been a recent legislature which has been passed by the Karnataka Town and Country Planning Act (KTCPA), 1961. This amendment in the bill makes it mandatory for all the Urban Local Authorities and the Local Planning Authorities to release the land layout for registration only after the completion of the projects according to the approved layout plans.

The Director of the Town and Country Planning Mr. B M Tiruganagoudar said that this amendment in the law is yet to obtain the assent of the government. He also opined that there is no such provision in the KTPCA for releasing the land layouts and the sites in installments. Earlier this norm had come into being because of the Urban Development Department had introduced it by issuing a circular. This system of releasing the land layouts and sites has been in vogue since 2014. Before this the local authorities used to release the land in two installments in the ratio of 40:60.

You may also like to read what are the misconception of property seller regarding to its pricing strategy. 

TGS Layouts in Devanahali-TGS Shambavi Reviews

Name it TGS Property or TGS Construction Pvt Ltd, TGS Layouts is an undivided part of it, dealing with lands and plots with the prefix TGS. This renowned developer of city is admired for its low budget plots and sites but unfortunately there are a lot of critics related to its lands and projects. TGS Shambavi is one among the project located in the highest property selling area of TGS Layout that is in Devanahali. Alone in Devanahalli TGS has three more project named Annapurneshwari, Varamahalakshmi and Vaishnavi. Believe it or not but these are the utmost selling properties for them and now TGS Shambavi is one more recent addition to it.

With a total land of 7.5 Acres TGS Shambavi is designed for 90 plots and as per the official data 45 no of plots has been sold out. Also this layout is priced high among all the four layouts which is Rs 1250 per square feet. Well the property is located near to Bangalore-Hyderabad High way behind CAE which is approximately not more than 1 KM from AH-43.

Future Prospective of TGS-Shambavi

Should I invest?

Among all the zones of Bangalore, North locality holding maximum importance in witnessing investments in commercial as well as residential real estate units. As this part is turning into greater Bangalore with the projects like BIA and IT Development in Devanahalli so the price is expected to fly within few years. Noted the residential plots in north Bangalore is comparatively lower than south Bangalore.  So there is no doubt TGS Shambavi is a good option for Land and Plot investors. Among all the four projects of TGS Layouts in Devanahalli, Shambavi is priced but high?

Well it could be a misconception of this property seller or buyer but the Answer depends on the location, which is a key factor in deciding the price of the plots and till now there are no reviews or customers feedback on this project. Hence customers or visitors of this project were requested to drop their opinions on its price with respect to its location. However If we compare with the price of the plots in nearby layouts than Shambavi is  low priced, in the mean while if some is buying plot here than he can get a good discount on his plots since some year ending offers are going on.

5-Mistakes buyers should avoid while purchasing property

No doubt that buying a home is not only a lifetime affair and is for lives thereafter as well. That is the reason why people get too attached and emotional and often forget to analyze one’s actions and fail to take a practical decision. The reasons are many. Quite often one invests one’s life time savings and one thus decides to finalize the deal and make it picture perfect and in that reality is most of the time ignored. The trend watchers, the veteran realtors and the experienced sales personnel of the realty industry have often seen people losing the big and good deals because of such reasons. In this article the veterans make the public aware with their experience and oft faced dos and don’ts.

Know the Worth of the Property before Investing

Avoid paying too much on a property

"Your over payment on a property should have a justification"

The realtors predict that real estate has cycles but the householder most of the times does not follow it and enter the market for buying property when he or she is in a good financial state. What has been observed by them is that many people invest more on a property they like in an area whose prices may have increased the maximum at the peak period. In that case the buyer is already paying a high premium choking the growth of rate of return on investment. We have already discussed on the misconceptions of property seller where seller modify property price as per their requirements so be careful on the property price.

Don’t overestimate the infrastructure growth

"Over confidence on the growth prospects can snarl-up your 
bargaining skills"

   Over Estimation Can lead you into a Trap   

Many a times the realtors have observed that due to a property that the buyer likes are over estimates the growth of the infrastructure around the place and agree to the bargain of the seller. If you count on the property to increase the value and you buy the property on that assumption then one is exposing oneself on to too much of risk just in case some untoward happening strikes and the expectation is not met. The realtors remark that one should go and enquire about the plans of the infrastructure in the area in the local government office and then only take a decision. 

Don’t be trapped by cheap properties

"You might not be so lucky to have a good property in cheap price"

The realtors say there is always a good reason why a property is sold at a rate comparatively cheaper than the properties in the adjoining areas. One should raise the question that if a property is cheap then why anyone didn’t grab the offer earlier. The veterans caution that usually the cheaper properties may have legal litigation and other problems attached to it. It may be that you are buying a property that is being notified by the government to be acquired for public work. So it is always advisable to take due notice and enquire thoroughly before embarking or buying a property at a cheaper price. One of the finest example is TGS Layouts where they offer gifts and discounts on their projects from time to time. Any new buyers of residential land can always drop their reviews or complaints on the property of TGS Layouts.

                  Showing your Emotional Attachments to a Specific Property is wrong             

Don’t be too attached with a property

Everyone has a mindset view of his/her property and your agent’s job is to find that from you. The selling agent will always try to make you fall in love with the project. Once you are too attached with a property you may ignore doing the due diligence of the property and may land up in trouble.

               Dreaming For a property              

Being too attached with a property often makes one too biased and unaware of the faults and follies that one needs to take into account and investigate.

"A home is much costlier than a house"

Don’t wait for your dream home

It is not advisable to wait for the property that one wants and then miss the good opportunities that one gets along. It is always better to equate the pros and cons of each and every deal and evaluate it with prudence and then accept or reject the offer.
"Don’t wait for opportunity even a blunder in right place is worth full than your cleverness’ in wrong place"

Clearing The Misconceptions of Property Sellers

Pricing of homes is a crucial factor say the expert realtors in which many fails because of some psychological blocks and a lack of insight of the market. The realtors remark that the sellers especially the domestic sellers have lot of misconceptions regarding the market due to which these mistakes are likely to happen. Pricing, they insist is the most important part of getting a property sold quickly.  The expert market watchers opine that after putting any property for sale the first few weeks are the most crucial period of time. They add that one has to catch a momentum of buyers flowing in and keep that up and they also need to ensure that the buyers are watching the property which will keep an inflow of offers flowing in. If the marketing of the property is done fairly well the property is of course easy to sell.

The expert realtors remark that there are oft quoted three misconceptions that the sellers of properties can be attributed with. They are:

• They tend to price the properties higher as they know there will be fair amount of bargaining which will reduce their sale proceed.
•   They also test the market by quoting higher prices to verify if there are takers at higher prices.
• The sellers are also in search of a wild card buyer who they presume will buy at a higher price than the property value hoping that they will fall in love with the property. 

The market watchers of course point out that there are measures to be taken to see that the property is sold out faster. The preparation starts from advertisements like local listing, Newspaper adds, pamphlets, attractive designed broachers and sometime exciting offers. Praising the customer or pampering him is also one of the important steps that the seller can take in order to make the buyer interested in the property. Most of the cases property sellers have a bunch of existing customer testimonials, reviews or feedback which they use as a marketing purpose.

In this context the realtors insist that while pricing the property it is always advisable to consider the overall market conditions and the local market aspects too. One has to understand the market conditions and the other factors like proposed infrastructure and the like before one fixes the prices. They add that value is added for a property if it has more bedrooms or more square area. This entails more value for the property. If the property is similar to the properties on the market for sale in the same area and they are sitting in the market place for quite some time then one needs to be cautious. In that case the realtors advise to price the properties a little lower than the ones already there. The reasons are that if there are three properties already in the market priced similarly and are not selling, then it’s most likely that yours will also not sell. If one is serious about selling the property the expert advice is to keep the price right. They comment that one would be amazed to see the amount of enquiries flowing in if the pricing is done correctly. 

Inviting Visitors to Drop Their Reviews and Feedback on the Properties of TGS Layouts

“Land property is the only thing in the world that is worth working for, worth to fight for and worth to die as well the reason is it lasts forever.”

If you are a resident of Bangalore and dreaming to own a property in the city then you might have come across the name TGS Constructions Pvt. Ltd. The company was inaugurated a little more than a couple of years ago with a hope of addressing the requirement of residential space within one’s affordability. The concept of selling land and plots in layouts with such an affordable price was not either an idea that came over night nor was it so easy to offer these properties at such low prices.

Is TGS Layouts properties are Fraud?

The priorities of owning a home may differ from person to person. For some it may be to save their expenses on rents or for investment but for many it is a dream to live with their entire family in their own home. We will talk about a fable of a mid-aged professional waiting for his retirement and not able to own a roof for his family in Bangalore. One a fine Sunday he met with a group of people at a jogger’s park having a discussion on the builders and developers of Bangalore and was apparently discussing on one topic, how TGS is selling its property at such less prices compared to the rest. Some of them were abusing the company while few of them were coming with facts and figures. Hearing the name of TGS Constructions for the first time he left the discussion but still the name kept somewhere in his mind as it was of his interest. He started searching for the Properties of TGS and found few resources displaying the locations of their layouts and their prices. Along with these resources he found few sites filled with customer testimonials, reviews and feedback on TGSLayouts. It made him a little confused and he was not able to get an exact picture of the company. So the next day he visited TGS Layouts and after a face to face discussion he was convinced and bought a plot.

It is logical that people will re-act when they listen or see something new or unusual but the reality is quite different as we all know and it is much tougher. It is always easier than said. But the struggle still goes on and there are achievers also and outstanding achievers too in each field. So it is always better not to judge or to cull out a first impression and reject something based on rumors but to see, judge and then find out the reality. Who knows, there may be something for us in it too.

Here what I do and don't mean is listen everyone's point and do what seems right to you. If you have even a little information to share on TGS Properties then post your reviews in the comment section and help others to make their decision right. I got a YouTube video uploaded by TGS Layouts, in this video you will find all the customer reviews and feedback on their property

TGS Layouts all Project Reviews

TGS Layouts has almost 15 residential projects in Bangalore and it is practically impossible for an investor to visit all these projects in a day. Here is a 4 minute video regarding all TGS Layouts project reviews. I am pretty sure you will get all the details on this video and it will help you to decide locations as well. Share this layout reviews video to all so that people will get to know where they want to visit. Also share your view point on these layouts, as I said it may help a new person to make a quick decision on TGS Layouts.