Summary For Aavalahalli
Location Summary Report - Aavalahalli
Aavalahalli is a locality situated in the southern part of Bangalore, Karnataka. It is a developing residential area with good infrastructure and connectivity to other parts of the city.
Sales Transactions:
According to the data available, there were 97 sales transactions in Aavalahalli in the recent past. This indicates a good demand for properties in this locality.
Gross Sales Value:
The total gross sales value of properties sold in Aavalahalli is ₹ 76 Cr. This shows that the real estate market in this locality has been performing well.
Current Rate/Sq.ft:
The current rate of properties in Aavalahalli is ₹ 5,218 per sq.ft. This rate is reasonable compared to other localities in Bangalore.
Price Movement:
The price movement in Aavalahalli has been negative with a decrease of ₹ 272 per sq.ft. This could be due to various factors like the pandemic, economic slowdown, or oversupply of properties in the area.
Overall, Aavalahalli is a good locality with decent infrastructure and connectivity. The real estate market in this area has been performing well, and the current rates are reasonable. However, buyers and investors need to be cautious about the negative price movement in recent times.
Top Selling Projects for Aavalahalli
If you are looking for the top selling projects in Bangalore, then look no further than the Aavalahalli locality. Here are the top projects by value that are making waves in the real estate market:
1. Brigade Exotica: This project has a sale/rent value of ₹41 Cr. and is currently priced at ₹5,547 per sq.ft. Although the current rate has seen a decrease of ₹54, it still remains one of the most sought-after projects in the Aavalahalli locality. The project boasts of luxurious amenities and facilities that cater to the needs of modern living.
2. Bren Starlight: This project is priced at ₹4,546 per sq.ft. and has a sale/rent value of ₹3 Cr. Although it has seen a decrease of ₹538 in the current rate, it still remains a top contender in the real estate market. Bren Starlight is designed to provide a comfortable and convenient lifestyle for its residents with its modern amenities and facilities.
Both Brigade Exotica and Bren Starlight are known for their quality construction, attention to detail, and prime locations. If you are looking to invest in a top project in Bangalore, Aavalahalli is the place to be. Don't miss out on the opportunity to own a luxurious home in one of the most sought-after localities in the city.
Price Trend For Aavalahalli
Location Sales Trend: Aavalahalli
Aavalahalli is a location in high demand for real estate investments due to its proximity to major IT parks and easy access to the main city. Here's a breakdown of the current sales trend in Aavalahalli.
Average Rate/Sq.Ft:
The average rate per square foot of real estate in Aavalahalli has been steadily increasing over the past few quarters. In Q1'22, the average rate was 5538/sq.ft, which increased to 5565/sq.ft in Q2'22. In Q3'22, it further increased to 5667/sq.ft. However, in Q4'22, there was a slight dip in the average rate to 5593/sq.ft. In the upcoming quarters, the average rate is expected to stabilize and continue to increase, reaching 5213/sq.ft in Q1'23.
No of Transactions:
The number of real estate transactions in Aavalahalli has been fluctuating in recent quarters. In Q1'22, there were 60 transactions, which decreased to 25 transactions in Q2'22. In Q3'22, there was a further decrease to 22 transactions, followed by a significant drop to 12 transactions in Q4'22. However, in Q1'23, the number of transactions is expected to increase to 13. Despite the fluctuations, Aavalahalli remains a popular location for real estate investments.
In conclusion, the sales trend in Aavalahalli shows a steady increase in the average rate per square foot, while the number of transactions has been fluctuating. However, even with the fluctuations, Aavalahalli remains a sought-after location for real estate investments due to its prime location and proximity to major IT parks.
