Price Trend For Bilekahalli
Location Sales Trend: Bilekahalli
Bilekahalli is a popular residential area located in the southern part of Bengaluru. The location has seen a steady increase in property prices in recent years due to its proximity to major IT hubs, good connectivity, and availability of social infrastructure. In this article, we will analyze the sales trend for Bilekahalli and the price trend over the next few quarters.
Average Rate/Sq.Ft:
The average rate per square foot for Bilekahalli has been steadily increasing over the past few quarters. In Q1'22, the average rate per square foot was 4899, which increased to 5244 in Q2'22 and further increased to 5551 in Q3'22. In Q4'22, the average rate per square foot is expected to be around 5757 and is likely to increase to 5851 in Q1'23. This indicates that property prices in Bilekahalli are expected to continue to rise in the upcoming quarters.
No of Transactions:
The number of property transactions in Bilekahalli has been fluctuating over the past few quarters. In Q1'22, the number of transactions was 45, which decreased to 43 in Q2'22. In Q3'22, the number of transactions further decreased to 34, but it is expected to increase to 36 in Q4'22 and to 43 in Q1'23. This indicates that despite the fluctuation in the number of transactions, the overall trend is towards a positive growth in the number of transactions in Bilekahalli.
Conclusion:
In conclusion, Bilekahalli is a location that has seen a steady increase in property prices over the past few years. The sales trend analysis indicates that the location is likely to continue to see an upward trend in property prices in the upcoming quarters. The number of property transactions in the location has been fluctuating, but the overall trend is towards a positive growth in the number of transactions. Therefore, if you are looking to invest in a property in Bilekahalli, this may be the right time to do so.
Top Selling Projects for Bilekahalli
Bangalore's Bilekahalli area is home to some of the top selling projects by value in the city. These projects offer luxurious apartments and homes with world-class amenities and facilities. Let's take a closer look at some of the top projects:
1. Sai Brindavan Apartment: This project offers apartments that are priced at ₹5 crore and are currently available at a current rate of ₹3,700 per sq. ft. The project boasts of world-class amenities such as a swimming pool, gym, and landscaped gardens.
2. Aahika Apartment: This project offers apartments that are priced at ₹3 crore and are currently available for sale. The project offers top-notch amenities such as a clubhouse, swimming pool, and gym.
3. Sai Sannidhi: This project offers apartments that are priced at ₹2 crore and are currently available for sale. The project boasts of a prime location and offers amenities such as a clubhouse, gym, and landscaped gardens.
4. Ajmal Residency: This project offers apartments that are priced at ₹1 crore and are currently available at a current rate of ₹3,662 per sq. ft. The project boasts of world-class amenities such as a swimming pool, gym, and clubhouse.
5. Duparc Residency: This project offers apartments that are priced at ₹1 crore and are currently available at a current rate of ₹5,340 per sq. ft. The project boasts of top-notch amenities such as a swimming pool, gym, and landscaped gardens.
6. Sumukha Greenville: This project offers apartments that are priced at ₹1 crore and are currently available for sale. The project offers amenities such as a clubhouse, swimming pool, and gym.
7. Ranka Colony: This project offers apartments that are priced at ₹1 crore and are currently available at a current rate of ₹5,215 per sq. ft. The project boasts of world-class amenities such as a swimming pool, gym, and clubhouse.
8. Chaithrashree Paradise: This project offers apartments that are priced at ₹1 crore and are currently available for sale. The project offers amenities such as a clubhouse, swimming pool, and gym.
9. Sumukha Residency: This project offers apartments that are priced at ₹1 crore and are currently available for sale. The project offers amenities such as a clubhouse, swimming pool, and gym.
10. Vandana Coral: This project offers apartments that are priced at ₹1 crore and are currently available for sale. The project offers amenities such as a clubhouse, swimming pool, and gym.
All of these top selling projects offer luxurious homes and apartments with world-class amenities and facilities. They are located in prime locations and offer excellent connectivity to the rest of the city. If you're looking to invest in a top project in Bangalore, Bilekahalli is definitely worth considering.
Summary For Bilekahalli
Location Summary:
Bilekahalli is a locality in South Bangalore, situated near the Bannerghatta Road and the Outer Ring Road. The area is well-connected to major parts of the city through road transportation and public transport facilities. The locality is a popular residential hub due to its proximity to major IT parks and commercial centers in the city.
Sales Transactions:
There have been a total of 196 sales transactions in Bilekahalli, indicating a high demand for residential properties in the area. This also suggests that the area is a popular choice for homebuyers and investors.
Gross Sales Value:
The gross sales value of properties in Bilekahalli is estimated to be around ₹ 110 Cr. This indicates that the real estate market in the locality is quite robust and has a significant value.
Current Rate/Sq.ft:
The current rate per square foot in Bilekahalli is ₹ 5,648. This indicates that the property prices in the area are quite high, which may be due to its proximity to major IT parks and commercial centers.
Price Movement:
The price movement in Bilekahalli has been positive, with an increase of ₹ 929 in the current rate per square foot. This suggests that the real estate market in the area is quite stable and has a positive outlook for the future.
Overall, Bilekahalli is a popular residential locality in South Bangalore, with a high demand for properties and a robust real estate market. The area's proximity to major commercial centers and IT parks makes it an attractive choice for homebuyers and investors.
