Summary For Brookefield
Location Summary: Brookefield
Brookefield is a prime location in Bangalore that is known for its commercial as well as residential properties. It is situated in the eastern part of the city and is surrounded by other prominent areas like Whitefield, Marathahalli, and Kundalahalli.
Rental Rate:
The average rental rate in Brookefield is ₹32 per square foot. This rate is applicable for both commercial and residential properties in the area.
Sales Transactions:
In the past year, there have been a total of 593 sales transactions in Brookefield. This includes both commercial and residential properties. The number of sales transactions indicates a healthy real estate market in the area.
Gross Sales Value:
The gross sales value of properties in Brookefield in the past year is ₹407 crores. This indicates a high demand for properties in the area.
Current Rate/Sq.ft:
The current rate per square foot in Brookefield is ₹6,136. This rate is higher than the average rate for Bangalore, indicating the premium value of properties in the area.
Overall, Brookefield is a prime location in Bangalore that offers a high demand for both commercial and residential properties. The rental rate and sales transactions indicate a healthy real estate market in the area, while the high gross sales value and current rate per square foot indicate the premium value of properties in the area.
Price Trend For Brookefield
Location Sales Trend: Brookefield
Brookefield is a popular residential area located in Bangalore, known for its serene atmosphere and excellent connectivity. Over the past few years, the real estate market in Brookefield has witnessed a steady rise in property prices, making it a sought-after location for homebuyers and investors alike.
According to the data provided, the average rate per square foot in Brookefield has shown a positive trend with an increase from 5038 in Q1'22 to 5966 in Q1'23. This indicates a steady growth in property prices in the area over the past year. It should be noted that the increase in prices is not drastic, indicating that the market is stable and not experiencing any major fluctuations.
In terms of the number of transactions, there has been a fluctuation in Brookefield. The number of transactions in Q1'22 was the highest at 67, which decreased to 50 in Q2'22, and then further decreased to 42 in Q3'22. However, the number of transactions increased to 56 in Q4'22 and then significantly rose to 79 in Q1'23. These fluctuations could be attributed to various factors such as market conditions, developer offerings, and buyer preferences.
Overall, the data suggests that Brookefield is a location with a stable and growing real estate market. The moderate increase in property prices and the fluctuation in the number of transactions indicate that there are opportunities for both buyers and sellers in the area. With its excellent connectivity and serene surroundings, Brookefield is likely to remain a popular location for real estate investments in the coming years.
Top Selling Projects for Brookefield
Looking for the best projects in Bangalore? Look no further than Brookefield, where some of the top selling projects by value are located. Here are some of the most popular ones to consider:
1. Jyothi Woods: With a sale value of ₹39 Cr., Jyothi Woods is one of the most valuable projects in the area. Current rates are at ₹7,255 per square foot.
2. RJ Brooke Square: This project boasts a sale value of ₹27 Cr. and a current rate of ₹6,571 per square foot.
3. Spectra Raaya: At a sale value of ₹25 Cr. and a current rate of ₹6,014 per square foot, Spectra Raaya is a top choice for buyers in Brookefield.
4. CMRS Celestia: This project offers a more affordable option, with a sale value of ₹6 Cr. and a current rate of ₹4,997 per square foot.
5. Padmavathy Paradise: Another affordable option, Padmavathy Paradise has a sale value of ₹3 Cr. and a current rate of ₹5,297 per square foot.
6. Janak Homes: With a sale value of ₹3 Cr. and a current rate of ₹5,455 per square foot, Janak Homes is a great choice for those looking for a mid-range option.
7. Vaswani Bel Air Apartment: This project has a sale value of ₹3 Cr. and a current rate of ₹7,414 per square foot, making it one of the more expensive options in the area.
8. Rsun Palazzo: While the sale value of ₹2 Cr. may be lower than some of the other projects on this list, the current rate of ₹5,119 per square foot makes Rsun Palazzo a great choice for those on a budget.
9. Spectra Cypress: While there is no current rate available for Spectra Cypress, its sale value of ₹2 Cr. makes it a popular choice for buyers in Brookefield.
10. Sraddha Brindhavan Apartment: With a sale value of ₹1 Cr., Sraddha Brindhavan Apartment is one of the most affordable options in the area.
