Top Selling Projects for Bellandur
Bangalore's real estate market is booming, and Bellandur is one of the most sought-after locations in the city. If you are looking to invest in a top project in Bellandur, we have curated a list of the best-selling projects by value.
1. Prestige Kew Gardens - This project has seen a significant increase in value, with a change value of +₹ 177. The current rate is ₹ 6,463, and the sale rent value is ₹ 136 Cr.
2. The Central Regency Address - This project has a current rate of ₹ 8,146, with a change value of -₹ 1,954. The sale rent value is ₹ 68 Cr.
3. Adarsh Palm Retreat - This project has a current rate of ₹ 9,084, with a change value of +₹ 730. The sale rent value is ₹ 68 Cr.
4. Vaishnavi Tech Park - This project's current rate and change value are not available, but the sale rent value is ₹ 57 Cr.
5. Mantri Espana - This project has a current rate of ₹ 5,936, with a change value of -₹ 321. The sale rent value is ₹ 33 Cr.
6. Vaishnavi Signature - This project has a current rate of ₹ 6,200, with a change value of -₹ 1,439. The sale rent value is ₹ 9 Cr.
7. Maithri Shilpitha Tech Park - This project's change value is not available, but the current rate is ₹ 6,343. The sale rent value is ₹ 9 Cr.
8. Aishwarya Silicon - This project has a current rate of ₹ 5,971, with a change value of -₹ 91. The sale rent value is ₹ 6 Cr.
9. Sterling Ascentia - This project's change value is not available, but the current rate is ₹ 6,012. The sale rent value is ₹ 4 Cr.
10. DNR Reflection - This project has a current rate of ₹ 5,965, with a change value of -₹ 1,385. The sale rent value is ₹ 2 Cr.
Investing in a top project in Bellandur is a wise decision, and these projects offer great value for money. Whether you are looking for a residential or commercial property, these projects are sure to meet your requirements.
Summary For Bellandur
Location Summary: Bellandur
Bellandur is a locality situated in the eastern part of Bengaluru, Karnataka. It is a growing residential and commercial hub that has witnessed a surge in real estate activities in recent years. Here is a summary of the key details related to the real estate market in Bellandur:
Rental Rate: The average rental rate in Bellandur is around ₹ 36 per sq.ft. This indicates that there is a steady demand for rental properties in this location.
Sales Transactions: According to recent data, there were 977 sales transactions in Bellandur in the last year. This suggests that there is a healthy demand for properties in this locality.
Gross Sales Value: The gross sales value of properties sold in Bellandur in the last year was around ₹ 830 Cr. This is a significant amount and highlights the potential of the real estate market in this location.
Current Rate/Sq.ft: The current rate per sq.ft in Bellandur is around ₹ 6,654. This indicates that property values in this location have appreciated over time.
Overall, Bellandur is a growing real estate market with a healthy demand for rental and sale properties. With its strategic location and growing infrastructure, it is likely to attract more real estate investments in the future.
Price Trend For Bellandur
Bellandur has seen a fluctuating trend in its real estate market prices over the past few quarters. According to the data provided, the average rate per square foot for the first quarter of 2022 was 6488 rupees, which increased to 7600 rupees in the second quarter of 2022. However, in the third quarter of 2022, the average rate per square foot dropped to 6621 rupees and remained the same in the fourth quarter of 2022. The first quarter of 2023 saw a slight decrease in the average rate per square foot to 6547 rupees.
In terms of the number of transactions, Bellandur witnessed 146 transactions in the first quarter of 2022. This number decreased to 138 in the second quarter of 2022, and further dropped to 113 in the third quarter of 2022. The fourth quarter of 2022 saw a significant decrease in the number of transactions, with only 84 transactions taking place. However, the first quarter of 2023 saw a slight increase in the number of transactions, with 98 transactions taking place.
Overall, the real estate market trends in Bellandur have been unpredictable, with fluctuations in both the average rate per square foot and the number of transactions. It will be interesting to see how this trend develops in the upcoming quarters.
