Top Selling Projects for Chikkalasandra
Bangalore's real estate market is thriving with new projects coming up every day. Among them, some projects have stood out for their value and features. Here are the top selling projects by value in Chikkalasandra:
1. Chaitrashree Landmark: This project has seen a growth of ₹ 333 and is currently priced at ₹ 4,015 per square foot. The project offers luxurious apartments and the sale value is around ₹ 15 Cr.
2. GK Prime: With a growth of ₹ 44, GK Prime is currently priced at ₹ 3,490 per square foot. The project offers premium amenities and the sale value is around ₹ 3 Cr.
3. Lakshmi Nilayam: This project has seen a growth of ₹ 587 and is currently priced at ₹ 4,206 per square foot. The project offers spacious apartments and the sale value is around ₹ 3 Cr.
4. Vanamali Apartments: This project is priced at ₹ 3,500 per square foot and offers comfortable living spaces. The sale value is around ₹ 3 Cr.
5. Silicon Splendor: This project offers affordable living spaces and is priced at ₹ 1 Cr. The current rate is not available.
6. Sri Sai Residency: This project offers budget-friendly apartments and is priced at ₹ 1 Cr. The current rate is not available.
These projects offer a range of options for buyers with different budgets and preferences. They boast of modern amenities, excellent location, and great resale value. If you are looking to invest in a property in Chikkalasandra, these top projects by value are definitely worth considering.
Summary For Chikkalasandra
Location Summary: Chikkalasandra
Chikkalasandra is a residential locality situated in the southern part of Bangalore. The area is well-connected to other parts of the city through the Kanakapura Road and Outer Ring Road. The locality is surrounded by other popular residential areas like JP Nagar, Banashankari, and Kumaraswamy Layout. The area has good social infrastructure with schools, hospitals, malls, and supermarkets located in close proximity.
Sales Transactions: The locality has witnessed 199 sales transactions in the past year. This indicates a healthy demand for properties in the area.
Gross Sales Value: The total gross sales value of properties in Chikkalasandra is ₹ 78 Cr. This indicates that the area has a significant real estate market.
Current Rate/Sq.ft: The current rate per square foot for properties in Chikkalasandra is ₹ 4,014. This rate is competitive when compared to other popular residential areas in Bangalore.
Price Movement: The price movement for properties in Chikkalasandra has been positive, with an increase of ₹ 342 per square foot. This indicates that the locality has good potential for future appreciation.
Overall, Chikkalasandra is a promising locality for real estate investment with good social infrastructure, healthy demand, and positive price movement.
Price Trend For Chikkalasandra
Location Sales Trend: Chikkalasandra
Chikkalasandra is a rapidly developing locality in Bangalore, which is attracting a lot of real estate investment. The area has seen a steady increase in property prices over the past few years, and this trend is expected to continue in the upcoming quarters.
According to the data provided, the average rate per square foot in Chikkalasandra has shown a positive trend in the last few quarters. In Q1'22, the average rate per square foot was 3621, which increased to 3666 in Q2'22. The trend continued to rise in Q3'22 with an average rate of 3932 per square foot, followed by a slight dip in Q4'22 with 3887 per square foot. However, the trend is expected to continue in Q1'23 with an average rate per square foot of 3758.
The number of transactions in the area has also been increasing steadily. In Q1'22 and Q2'22, there were 23 transactions each, which decreased to 12 in Q3'22. However, the number of transactions increased again in Q4'22 with 23 transactions, and it is expected to be 15 in Q1'23.
In conclusion, the real estate market in Chikkalasandra is showing a positive trend, with an increase in property prices and the number of transactions. It is a good time for investors and homebuyers to invest in this locality before the prices rise further.
