Mahindra Lifespaces Whitefield Price List
| Price List of Mahindra Lifespaces Whitefield | |||
| Typology | Sizes | Price Range in Cr. (all inclusive) | |
| 2 BHK | 1250 - 1350 Sq. Ft | 1.90 Cr.* onwards | |
| 3 BHK | 1775 Square Feet | 2.70 Cr.* onwards | |
| 3 BHK | 1900 Square Feet | 2.95 Cr.* onwards | |
| 3.5 BHK | 2175 - 2200 Square Feet | 3.30 Cr.* onwards | |
| 4 BHK | 2450 Square Feet | 3.75 Cr.* onwards | |
Homebuyers, when intending to invest in one of the most promising residential areas in Bangalore, would put much emphasis on the expected price of the apartments available at Mahindra Lifespaces Whitefield. The official prices will not be announced, but we can approximate the range that they will be, and the market trends, the location of the project, and what is going on in the immediate area.
Whitefield has experienced the value of its prices to increase steadily over the years since it has IT hubs, metro connectivity, and its infrastructure has increased. Reputed developers, high rental value, and high resale value of Whitefield make an investment in Whitefield a guarantee of future financial returns. The aspects of prices such as the cost of land, construction, facilities, and the reputation of the builders determine the price.
Other costs to be taken into consideration by buyers are GST, registration fees, and maintenance expenses. Comparing prices with the projects of similar type assists in the making of the informed decision. The following is a breakdown of the anticipated pricing and investment prospects at Mahindra Lifespaces Whitefield.
Deconstruction of Mahindra Lifespaces Whitefield Pricing.
- Base Price & Per Sq. Ft. Rate: The price of the apartment is the base price which is calculated per square foot. Depending on the cost of other similar projects in Whitefield, the anticipated cost is 11,000 to 12,000/ sq. ft.
- Floor Rise Charges: Higher the rise on the floor the more expensive the apartments will be, and higher charges would be between ₹50 150/ sq. ft.
- Preferred Location Charges (PLC): Apartments that view gardens, those that are close to the clubhouse, and those that occupy a corner would have additional payments ranging between ₹2 -5 lakh.
- Government Charges and Taxes: Other costs should be considered by the homebuyers such as: GST – 5% of the property value Stamp Duty and Registration- Approximately 5- 6 percent of the property value. Law & Administration Costs 50000-100000 (approximately)
- Additional Charges: Car Parking – ₹2 – ₹3 lakhs (expected) Clubhouse and Maintenance Fee 1 to 3 lakhs (one time).
Payment Plan & Booking Open
Mahindra Lifespaces Whitefield is likely to have a flexible payment system, which will be easy to the homebuyers to lay out their investments.
Tentative Payment Schedule:
- Booking Amount 2-5 lakhs (according to the type of apartment)
- 10% Payment -At the time of agreement.
- Construction-Linked Payment- Installments paid according to the project progress.
- Final 10% Payment – At possession
Investment Potential- Why Buy now?
One of the fastest emerging real estate markets in Bangalore is Whitefield with an annual appreciation of the property prices between 8-10 percent. Following are the reasons why an apartment at Mahindra Lifespaces Whitefield would be worth investing in today:
- Great Desire among IT Professionals - Near to ITPL, EPIP Zone and big technological parks.
- Metro Connectivity- Whitefield Metro Station is now operational, and this enhances connectivity.
- Rental Income potential 2 and 3 BHK apartments can be rented 35000-60000 per months.
- Future Infrastructure Development - Whitefield Peripheral Ring Road and air travel accessibility Enhancements.