What Is The Current Price Of The Property In Bangalore

The current property of Property in Bangalore ranges between ₹13,05,000 and ₹97,20,000. The prices depend on the locality and type of property. The prices of homes in Bangalore have gone up by 7.63% since the start of 2024. It shows a strong demand and market growth. The prices are higher in places like Koramangala and Indira Nagar because they are more desirable. At the same time, new places like Devanahalli and Thanisandra offer investments that are both cheaper and more promising.

Average Property Prices

• The property price per square foot in Bangalore is around ₹9,223, with a 7.63% year-on-year growth.
• Prices vary a lot from place to place, ranging from ₹589 to ₹76,666 per square foot, based on the type of property and the neighborhood.

Best localities for investment in Bangalore

Electronic City, JP Nagar, RR Nagar, Whitefield, and K R Puram are all popular places to invest in Bangalore. In Electronic City, the average price per square foot is ₹ 5964.00. In JP Nagar, it is ₹ 9316.00, and in RR Nagar, it is ₹ 7408.00. In Whitefield, it is ₹ 10315.00, and in K R Puram, it is ₹ 8883.00.

Billapura, Carmelaram, K.R. Puram, Electronic City, and Thanisandra Main Road are all good places to invest because they will give you a good return over time. Prices for these areas run from ₹ 4,850.00 to ₹ 11,317.00 per square foot.

Best localities for affordable investment in Bangalore

You can also buy a home in Medahalli, Chandapura, SMV Layout, Bettadasanapura, or K C Krishna Reddy Layout, where homes cost between ₹ 5085.00 and ₹ 7139.00 per square foot.

Best localities for luxury investment in Bangalore

Depending on your budget, Malleswaram, Basavanagudi, Jayanagar, Shanti Nagar, and Mahalakshmipuram are all great places to live. Premium projects usually cost around ₹13738.00 to ₹18333.00 per square foot.

Factors Affecting Prices

• Location and Accessibility: Prices are higher in areas that are near tech hubs like Whitefield and Outer Ring Road.
• Building up infrastructure: Being close to metro stops, schools, and shopping malls raises the value of a home.
• Economic Growth: Bangalore's strong job market and IT business keep people coming back.

Conclusion

Bangalore's real estate market is doing very well, and buyers and investors can find a wide range of properties at prices that suit their needs. When deciding where to invest, you should think about your income, how easy it is to get to, and how much space there is for future growth.

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