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New phase of Bangalore’s Properties!
Isn’t a little progress coming into the realtor’s realm in the garden city of India? What are those and how these affect the properties in Bangalore? Let us go through a few facts that attract young investors to the city’s landscapes.
2018 was definitely a year of gain for the real estate industry. It went through some real transformations in this year and has attained some real momentum. The real reasons are the single window clearance system, the unique ID for the properties in Bangalore as well as the need for more commercial spaces or office spaces. Although many of these created big bang at its time of launch, in the later phase has proved to be quite useful. Let us go through a few unique features that support the rise in demand for properties in the IT hub of India, Bangalore.
Unique Digital ID for Properties in Bangalore
Properties in Bangalore are identified by a unique digital ID. A seven-digit alpha-numeric code reveals the identity of the properties. The system is such that the houses are classified based on its locality. As per the area, sub-area, lanes, and bylanes. Each of the property will get a unique identification number which will not change with the owner. So even when the owner of the house changes also, the address will remain as such. It won’t change every time the owner changes.
The project is really useful in a systematic approach and is termed as Digi- 7. The citizens who have properties in Bangalore can get the identification number by calling the BBMP’s call center and submitting their Property Identification Number (PID). Within a few days of submission, the properties would get their respective numbers. As of now, 20 lakh properties in Bangalore got the identity numbers. Thus making the entire process easier in the long run.
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