PropTiger Promotes Early Home Ownership With Bengaluru’s Artha Neo Smart City

Presenting an exciting opportunity to make early home ownership possible and have a smart investment option, PropTiger.com brings Bengaluru Artha’s Neo Smart City Project. Located in the posh Bengaluru suburb, Hoskote, the planned township offers well-developed infrastructure coupled with proximity to leading corporate hubs including Whitefield.

Riding on the rising demand for affordable housing in
the region, Neo Smart City has residential properties starting for as low as Rs 15 lakh for a 500-square-feet apartment. For buyers planning to invest in property here, PropTiger.com has acquired the exclusive selling rights for ArthaNeo Smart City Project in Hoskote for the first three months.

Home buyers can also avail easy subvention scheme by paying just Rs 86,000 as down payment and the remaining payment will be made by customer only after possession.

According to the findings from the recently released Realty Decoded Report Q3’FY16, an exclusive quarterly report on real estate trends by PropTiger.com’sdatalabs division, Bengaluru witnessed a 13 per cent rise in property prices over the past two and a half years. Furthermore, close to 70 per cent demand in the sector came for the less than Rs 75-lakh segment. In such a scenario, this opportunity comes as a boon for those looking for affordable housing or a quality investment option.

Bengaluru’s real estate segment is largely driven by professionals working in the IT and ITES industry, which is now amplifying the residential demand in micro markets like Hoskote as well. This demand is rising due to the area’s social infrastructure, proximity to corporate hubs and access to medical and educational facilities. In addition, a 116 km long peripheral ring road announcement further augers well for real estate in Hoskote.

Commenting on the locational advantages, Mr Sunil Mishra, Chief Business Officer – Primary Sales, PropTiger.com, said, “It is our constant endeavour to provide the best possible opportunities in the sector to our customers in line with our commitment. With various added advantages, Hoskote has emerged as one of the leading micro markets of Bengaluru and the Artha project only reinstates our consistent commitment towards our consumers by offering them affordable and innovative buying options.”

About PropTiger.com
PropTiger.com is a leading online real estate firm in India that offers a one-stop platform to home buyers. Using the platform, a homebuyer can search for homes, shortlist, visit, finalise, arrange home loans or legal services and finally, buy the property.

Listing an exhaustive range of properties, PropTiger.com not only offers researched information on the locality and very detailed descriptions of the listed properties, but also the best advice on buying, selling and investing in real estate in India.

PropTiger counts among its investors, News Corp, which owns a 62 per cent stake in REA Group, the operator of Australia’s leading property website, realestate.com.au. With the company’s acquisition of brands such as Makaan.com and OOBI in the recent past, home buyers now have access to full stack of services right from online search to assistance with the transaction. Since its inception, PropTiger.com has sold homes worth more than $1.2 bn to 12,000+ people.

About Artha:
With over 350 acres of land &Rs. 3,500 crores of projects under development, Artha is South India’s fastest growing real estate company. Artha is synonymous with building homes and thereby creating wealth for its customers.

Artha has quickly changed the face of the realty market and has become a household name in Bangalore and Chennai. It has entrenched itself deeply as a company that provides innovative concepts and imperiously crafted homes across locations and price segments. Artha has won many accolades and has been conferred the Power Brand status by the prestigious Brand Finance Institute, UK.

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