Latest Answer: The unreasonable hike in water rates has adversely affected the concept of vertical growth in the city. As per property consultants, the irrational hike in tariff will discourage the buying behavior of the real estate investors significantly.
Latest Answer: Bangalore based developers have not yet adopted the concept in full swing, many developers have incorporated a modified version of it. According to Avinash Rao, Regional Director- South, Knight Frank Pvt. Ltd, several reputed developers have announced the concept of deferred payment in Bangalore but not all of them absorb the interest completely. Though the buyers does not get much benefit but still it is a deferred payment which many prefer to opt for.
