✅ What is the minimum and maximum per sq ft rate in Bangalore?

Based on the transactions data, premium locations such as Whitefield quoted an average property price per Sq. ft of around Rs 6,100. Whereas in locations such as Raja Rajeshwari Nagar, the average property price is around Rs. 3,200 per Sq. ft

✅ What is the average rent for a flat in Bangalore?

Like other cities, average rent for flat in Bangalore differs on variety of factors such as location, configuration, carpet area etc. For instance, average rent for 3BHK flat in Brookfield lies in the range of Rs 30,000 to Rs. 42,000 per month.

✅ What is the rate of real estate growth for properties in Bangalore?

With respect to property prices, Bangalore has emerged as one of the most promising housing markets. During the past few years, robust infrastructure, strong connectivity, and world class amenities have resulted in more buyers eyeing their dream homes in Bangalore. The city has witnessed a promising property rate appreciation in the last one year.

✅ Why property rates are high in Bangalore?

Bangalore is the IT Capital of India. Generally, a metropolitan city with high employment prospects is bound to have high real estate prices. Further, in recent years, Bangalore has witnessed a huge infrastructure overhaul to further enhance its global stature as a business hub. The growing presence of IT hubs have also raised the residential catchment potential of the city. All these contribute significantly to the increased property prices across major locations in Bangalore.

✅ Which area is cheapest to buy a house in Bangalore?

Locations such as Chandrapura, Sarjapur, and Devanahalli are some of the affordable locations in Bangalore where one can own a residential property at reasonable rates of up to Rs. 4000 per sq. ft.

Property Rates in Bangalore | Real Estate Property Prices/Trends in Bangalore

Property Rates in Bangalore

Touted as India’s Silicon Valley, Bangalore has always been a happening market, and a preference for a major chunk of homebuyers who are actively looking to settle in close proximity to well established IT/ITes hubs. With major corporate offices coming up in the city, property rates in Bangalore have also witnessed a spike in the recent years. In spite of rising property rates, the city hasn’t lost its sheen, with homebuyers still actively looking for homes in the Garden City.

Average Prices in Bangalore

Bangalore real estate market derives most of its demand from the working populace of its IT/Tech hubs, one of the main reasons why land prices in Bangalore have inched up a little. In the most active localities, namely Krishnarajpura, Electronic City and JP Nagar during the past 12 months, the average property prices were pegged around Rs 4,195 to Rs 5,300 per Sq. ft. Looking at the transaction history, the top selling residential projects were Arkhavathy layout, Deccan habitat and Sandeep Vihar, to name a few.

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