Property Rates in Ballur, Bangalore
Comprehensive Market Snapshot
Ballur's real estate market is characterized by a registration rate of ₹1,228 per sq ft, reflecting the cost associated with property transactions in the area. While the average asking price is not explicitly stated, the surrounding localities show varied property values. Attibele, for instance, averages ₹6,220 per sq ft with a 2.05% increase, and Chandapura has seen a significant 34.67% surge to ₹7,078 per sq ft. The rental market indicates potential opportunities, with Attibele offering rentals at ₹9 per sq ft, though this represents a substantial -43.75% change year-on-year. Overall government registrations show 48 transactions valued at ₹13 Cr between May 25 and Apr 26.
- Attibele property values average ₹6,220 per sq ft with a 2.05% growth.
- Chandapura has experienced a notable 34.67% increase in property rates, reaching ₹7,078 per sq ft.
- The rental rate in Attibele is ₹9 per sq ft, a decrease of -43.75% year-on-year.
- A total of 48 property registrations were recorded, amounting to ₹13 Cr in gross value.
- Sarjapur Attibele Road shows a significant 15.82% rise in property rates, averaging ₹6,297 per sq ft.
- Govt. Registration Prices₹ 1,228 /sq.ft
Insights for Ballur, Bangalore Real Estate Market
Ballur's real estate scene presents a mixed bag of opportunities and trends, with a registration rate standing at ₹1,228 per sq ft. The property market in neighboring areas offers valuable context: Attibele commands ₹6,220 per sq ft with a 2.05% growth, while Chandapura has seen a remarkable 34.67% increase to ₹7,078 per sq ft. Sarjapur Attibele Road also shows strong upward momentum with a 15.82% rise to ₹6,297 per sq ft. In the rental domain, Attibele's average rental rate is ₹9 per sq ft, though this signifies a considerable -43.75% year-on-year decline. Conversely, Electronic City Phase I shows a positive 12.9% rental appreciation, reaching ₹35 per sq ft. Government data indicates 48 transactions totaling ₹13 Cr from May 25 to Apr 26, highlighting active market engagement.
- Attibele and Chandapura are key growth areas, with Chandapura experiencing a significant 34.67% price increase.
- The rental market shows divergent trends, with Attibele facing a sharp -43.75% dip while Electronic City Phase I is growing at 12.9%.
- Sarjapur Attibele Road is a notable performer, with property rates rising by 15.82% to ₹6,297 per sq ft.
- Government registrations reveal a healthy transaction volume of 48 deals worth ₹13 Cr over the specified period.
- Yadavanahalli and Bidaraguppe show stable property values with 0% change, indicating a steady market.
Property Valuation Comprehensive assessment of your property's current worth in the current market
Property Price Trends in Ballur, Bangalore
Ballur's surrounding areas display a diverse range of property values. Attibele properties average ₹6,220 per sq ft, showing a 2.05% increase, while Yadavanahalli commands a higher ₹8,556 per sq ft with no change. Bidaraguppe is more affordable at ₹5,669 per sq ft. Notably, Chandapura has surged by 34.67% to ₹7,078 per sq ft, and Sarjapur Attibele Road has also seen a significant 15.82% rise to ₹6,297 per sq ft, indicating dynamic growth in these specific corridors.
Government Registration in Ballur, Bangalore
- Sales Transactions48
- Gross Sales Value₹ 13 Cr
Government registration data for Ballur indicates a total of 48 transactions between May 25 and Apr 26, generating a gross value of ₹13 Cr. The average registration rate is ₹1,228 per sq ft, with the registered rate per sq ft being ₹0. This suggests active property movement within the area during the specified period, contributing to the overall market value.
