The price range for 1, 2, and 3 BHK apartments and rowhouses in Birla Ojasvi varies based on the unit’s size, floor plan, location within the complex, and amenities.

Generally, the pricing structure is designed to offer competitive rates aligned with the luxury living experience and the range of facilities offered. Prospective buyers can explore different configurations and their corresponding prices by contacting the sales team or visiting the project site for detailed pricing information and available payment plans.

Birla Estates generally maintains a favourable reputation for the timely delivery of projects. The company is known for its commitment to meeting project deadlines and delivering completed units within the stipulated timeframes. While individual timelines might vary based on project specifics, Birla Estates’ track record often reflects a dedication to ensuring timely completion and possession of properties, instilling confidence among buyers and investors in the timely delivery of projects like Birla Ojasvi.

Price of row houses in Birla Ojasvi

The price of a row house in Birla Ojasvi starts from Rs. 5.49 crores, but this is a tentative price.

The stunning township project Birla Ojasvi offers luxurious row houses. It is designed to provide residents with a premium lifestyle, with the privacy and comfort of a villa. It will offer the best of both worlds—apartments and villas.

There are many benefits to buying a home in a project that is being launched. The prelaunch price for Birla Ojasvi will be highly attractive. Choosing a home during this stage allows buyers to find one that meets all their requirements.

Price of apartments in Rajarajeshwari Nagar

The average price of a 1 BHK shared apartment project in RR Nagar will be almost 60 lakhs. This is high for a reputed builder who provides quality homes with all the luxury amenities. It may cost up to Rs. 75 Lakhs. The average rental price of a 1 BHK apartment in Rajarajeshwari Nagar will be Rs. 15,000 per month. So, investing in an apartment in this locality will also provide a stable monthly income.

Rajarajeshwari Nagar is one of the rapidly developing localities in West Bangalore. It offers proper connectivity to major parts of the city through all modes of transportation and easy access to major employment hubs. The place is home to Global Village Tech Park. This significant technology park hosts offices of major IT companies such as Mphasis, Accenture, Mindtree, NTT Data Services, and Sonata Software. It makes the place a favourite residential spot for working professionals.

Price of row houses in Rajarajeshwari Nagar

The average cost of a usual 3 BHK row house in Rajarajeshwari Nagar is Rs. 4 crores. A rowhouse built by a reputed builder offering all the luxurious amenities will rise to 5.5 crores. The profit earned through resale and rental will always be high in these homes. It will provide a good return because of its independent standing.

Rowhouses will provide an elite living experience to the residents. For those who can’t afford a villa but still like to have the privacy and comfort a villa offers, then a rowhouse is an ideal option. It will provide independent yet connected homes at an affordable rate. In this way, it gives the best of both worlds.

Price of apartments in Bengaluru

The price range of apartments in Bengaluru varies significantly, starting from around Rs.40 Lakhs and going up to Rs.10 Crores or more. The cost of a studio apartment can be in the lakhs, depending on the location. However, for a 2 BHK apartment in a prime location, the prices can soar into crores. The price of apartments is influenced by factors such as size, amenities, builder reputation, and location. It's crucial to consider your budget and your specific needs and preferences when investing in property.

Investing in Bengaluru's real estate market, a thriving startup and IT hub, can be a lucrative opportunity. With the city's ever-increasing demand for housing, buying a home here could be a wise decision, allowing you to invest your money in a property rather than paying rent.

For first-time real estate investors, the Bengaluru suburbs provide fantastic investment opportunities. The enormous floating population of Bengaluru comes to the city in pursuit of employment in the numerous MNCs, IT companies, and other industries looking to find homes closer to the workplace.

Some of the best places in Bangalore to invest in apartments:

• Whitefield
• Indira Nagar
• Basavanagudi
• Jayanagar
• Koramangala

Payment Plan – The upright decision

Buying a property is a big step concerning a substantial long-term financial commitment from the buyer’s side. Therefore, a buyer should research the available payment plans before purchasing a property. The payment plan for a housing project is the payment schedule for its homes. The plan details the payments to be made as the construction of the homes moves on. It helps people to make payments in a step-wise manner.

Birla Estates offers various payment plans designed to suit the diverse financial preferences of potential buyers. These plans may include options such as

1. down payments
2. instalment-based payment schedules
3. construction-linked plans
4. customized payment schemes

Prospective buyers can discuss and choose from the available payment plans that align with their financial capabilities and preferences. Engaging with the sales team or financial advisors associated here can provide detailed information on the payment options and their terms.

RERA lays out a general plan for projects that are in the process of being built, which is. It includes the below-mentioned stages:

• The buyer must pay 10% of the property’s cost when booking a home.
• As the construction begins, the buyer must pay an additional 10% of the price.
• Upon completion up to the plinth level, 15% of the value will be paid.
• The buyer must pay 2% to 5% as every step of construction is completed.
• After plastering, painting, and plumbing, 5% will be paid.
• The remaining 5% of the price will be paid upon home possession.

Birla Ojasvi is in its primal stage, and the Lodha Mirabelle payment plans are unknown. If the bank approves giving appealing options to the customers, it will help builders speed up the selling.

Bangalore real estate trends

The growing population and the increasing number of people moving to the city for work have led to a high demand for housing in Bangalore. It has increased property prices in recent years, making it a good time for investors to enter the market.

The market is expected to grow in 2023, with Bangalore continuing to attract large MNCs and domestic firms looking to expand their presence. Additionally, the growth of the startup industry, with many companies entering the Unicorn league, has led to further growth in residential real estate. The city will also provide good rental returns, which attract people to invest more in properties in Bangalore.

Place	Average Price	Rental Yield
Thanisandra	Rs. 10,000 per sq. ft	10%
Rajarajeshwari Nagar	Rs. 6,800 per sq. ft	9%
Yelahanka	Rs. 6,750 per sq. ft	9%
Sarjapur Road	Rs. 8,000 per sq. ft	8%
Bannerghatta Road	Rs. 6,050 per sq. ft	8%
Whitefield	Rs. 9,000 per sq. ft	7%

The city is booming with many opportunities and is committed to serving with fair returns on investment. With areas like Electronic City, HSR Layout, Koramangala, and Indiranagar coming up with many lucrative housing projects in 2023, real estate of Bangalore trends on the top.

Current Price on Rajarajeshwari Nagar and price trends

Rajarajeshwari Nagar, located in West Bangalore, has seen substantial real estate development over the past decade, driven by the area’s connectivity and affordability compared to other parts of the city. With several major roads connecting it to the IT hub and other key locations, Rajarajeshawri Nagar has evolved into a desirable residential and commercial area.

Real estate prices have risen steadily, with average capital values for apartments currently ranging between Rs 4,500 and 8,000 per sq. ft, depending on the exact location, developer, and project. The price of rowhouses in this locality ranges from Rs. 8,000 to Rs. 11,000 per sq. ft. Rental yields in the area are strong at 8-9% per annum. In terms of projects, many new residential projects have come up along the Rajarajeshwari Nagar stretch in recent years. Demand is high for gated communities with modern amenities. Office space developments are also now entering the market to complement residential projects. Meanwhile, land values continued to increase, leading to the launch of several villas and plotted development projects.

Cost Sheet – The ultimate document for customer decision

A cost sheet is a statement in a tabular format representing the various costs incurred at different stages of the project’s construction. It includes detailed breakdowns of construction materials, labour costs, equipment expenses, and permits. Additionally, real estate developers use cost sheets to estimate development costs, which helps in pricing properties appropriately. It includes

• Basic cost
• Stamp Duty
• GST payable
• Total Taxes
• Value of agreement
• Additional fees
• Registration fee
• Other charges

Birla Ojasvi is an upcoming township project with yet-to-come-out cost sheets. There are two main components of the cost sheets – the payment schedule and the break-up of the apartment and rowhouse costs.

Frequently Asked Questions