Welcome to Nilam Real Estate

Frequently Asked Questions

Question About Selling

Yes. Property values in Bangalore can fall as well as rise — a slowdown in the local market, poor construction quality, or a location losing connectivity or infrastructure can all bring a property's resale value down, so it's worth checking recent transaction trends in the specific locality before buying.

It depends on the building's age, maintenance history and structural condition rather than age alone. An older, well-maintained apartment in an established Bangalore locality can hold its value better than a new project in an area still being developed — get a structural check done either way.

A broker (or agent) is a licensed intermediary who helps connect buyers, sellers, landlords and tenants, handles paperwork and negotiation, and is usually paid a commission on the transaction. On Nilam Real Estate, listings may come directly from owners or through a broker — this is indicated on each listing.

Yes — property tax in Bangalore is paid directly to the BBMP (Bruhat Bengaluru Mahanagara Palike), and home insurance is arranged directly with an insurer of your choice. Neither is handled by Nilam Real Estate; we recommend confirming payment status before completing any purchase.

Question About Renting

It depends on the area and the property. Two to six months' rent is common for apartments now, though some landlords still ask for more. It is negotiable — agree the amount and the refund terms in writing before you pay.

Agreements of 11 months or less are usually not registered, which is why that term is so common. A lease of a year or longer must be registered. Either way, put it on stamp paper of the correct value and keep a signed copy.

Tenants normally pay electricity, water and gas; the society maintenance charge is agreed case by case. Confirm who pays what and write it into the agreement, so there are no surprises at the end of the tenancy.

Whatever the agreement says — one to two months is typical. Give notice in writing, and inspect the flat together with the landlord before handing back the keys so any deductions from the deposit are agreed on the spot.

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