Price Trend For Chikkabellandur
Chikkabellandur, located in the eastern part of Bengaluru, is witnessing a steady rise in property prices. According to the latest location sales trend data, the average rate per square foot in Chikkabellandur was 4827 in Q1'22, which increased to 5343 in Q1'23. This is a significant increase of 10.7% in just one year.
The demand for properties in Chikkabellandur is increasing, which is reflected in the number of transactions. In Q1'22, there were 130 transactions, which decreased to 41 in Q1'23. This decrease is due to the ongoing COVID-19 pandemic and the subsequent restrictions on movement and economic activity.
However, despite the decrease in the number of transactions, the demand for properties in Chikkabellandur remains high, and this is expected to continue in the coming years. The location is well-connected to major business hubs, educational institutions, and healthcare facilities, making it an attractive option for homebuyers and investors.
In conclusion, the location sales trend data of Chikkabellandur suggests that property prices are on an upward trajectory, making it a lucrative investment option for those looking for long-term gains.
Top Selling Projects for Chikkabellandur
Top Selling Projects by Value in Chikkabellandur, Bangalore
If you're looking for a prime investment opportunity in Bangalore, look no further than the top selling projects by value in Chikkabellandur. Here are some of the most promising projects that are currently available:
1. Mana Uber Verdant: This luxurious project has a sale/rent value of ₹130 Crore and a current rate of ₹5,197 per square foot. It has seen a growth of ₹469 recently and is a great option for those looking for high-end living.
2. United Sunshine Signature: Another top project in Chikkabellandur, it has a sale/rent value of ₹29 Crore and a current rate of ₹5,920 per square foot. It has seen a growth of ₹161 recently and is a great option for those looking for a more affordable yet luxurious option.
3. The Gran Carmen: This premium project offers a sale/rent value of ₹11 Crore and a current rate of ₹6,480 per square foot. It provides a luxurious lifestyle and is a great option for high-end buyers.
4. Carbon Nethaniah: With a sale/rent value of ₹9 Crore and a current rate of ₹6,132 per square foot, this project offers a great investment opportunity. It has a modern design and all the amenities required for a comfortable lifestyle.
5. The Grove: This project offers a sale/rent value of ₹5 Crore and a current rate of ₹6,479 per square foot. It's a great option for those looking for a comfortable lifestyle in a serene environment.
6. Land Capital Primero: This project offers a sale/rent value of ₹3 Crore and a current rate of ₹4,545 per square foot. It's a great option for those looking for more affordable yet luxurious living options.
7. VRR Fortuna: With a sale/rent value of ₹3 Crore and a current rate of ₹5,367 per square foot, this project offers a great investment opportunity. It has a modern design and all the amenities required for a comfortable lifestyle.
8. Saran Mulberry Woods: This project offers a sale/rent value of ₹2 Crore and a current rate of ₹5,657 per square foot. It's a great option for those looking for a comfortable lifestyle in a serene environment.
In conclusion, these top selling projects by value in Chikkabellandur offer a great investment opportunity in Bangalore. With luxurious amenities and modern design, these projects are sure to provide a comfortable lifestyle.
Summary For Chikkabellandur
Location Summary: Chikkabellandur
Chikkabellandur is a popular locality in Bangalore, located in the southeastern part of the city. It is a rapidly developing area and has become a preferred destination for real estate investments due to its strategic location and excellent connectivity to other parts of Bangalore.
Rental Rate: The average rental rate in Chikkabellandur is ₹ 45 per square feet, making it a relatively affordable option for tenants looking to rent properties in the area.
Sales Transactions: In the last year, there were 432 sales transactions in Chikkabellandur, indicating a high demand for properties in the area. This is a positive sign for potential real estate investors looking to buy properties in this locality.
Gross Sales Value: The total gross sales value of properties sold in Chikkabellandur in the last year was ₹ 295 Cr. This indicates that the real estate market in this locality is thriving, and there is a lot of potential for growth in the future.
Current Rate/Sq.ft: The current rate per square feet in Chikkabellandur is ₹ 5,559, which is higher than the average rate in Bangalore. This could be due to the high demand for properties in the area and the limited availability of land.
In conclusion, Chikkabellandur is a rapidly developing locality in Bangalore with a high demand for properties and a thriving real estate market. It is an excellent location for real estate investors looking for potential growth opportunities in Bangalore.
