Summary For Chikkanagamangala
Location Summary: Chikkanagamangala
Chikkanagamangala is a locality situated in the southern part of Bangalore. It is a well-developed area and is known for its residential properties. The location is surrounded by several commercial areas, educational institutions, and healthcare facilities.
Sales Transactions: In the last year, Chikkanagamangala witnessed around 160 sales transactions in the real estate market. This indicates that the area is in high demand among homebuyers and investors.
Gross Sales Value: The total Gross Sales Value of properties sold in Chikkanagamangala in the last year was approximately ₹ 75 Cr. This is a significant amount and shows the growth potential of this locality.
Current Rate/Sq.ft: The current rate per square foot of a property in Chikkanagamangala is around ₹ 5,842. This rate is relatively affordable compared to other localities in Bangalore, making it an attractive option for homebuyers.
Price Movement: The price movement in Chikkanagamangala has been positive, with a rise of around ₹1,244 per square foot in the last year. This indicates that the area is experiencing steady growth and is a promising location for real estate investments.
Overall, Chikkanagamangala is a well-developed locality with a high demand for residential properties. Its affordable rates and positive price movement make it an attractive option for homebuyers and investors looking for long-term growth potential.
Top Selling Projects for Chikkanagamangala
If you're looking for the top selling projects in Bangalore's Chikkanagamangala area, look no further than these incredible properties. These top projects are designed for those who demand the very best in luxury living.
At the top of the list is Pionier Mayfairre, with a sale value of ₹ 18 Cr. This stunning project offers unparalleled luxury and elegance and is the perfect choice for those who want to live in the lap of luxury.
Next up is TG Ascent, with a sale value of ₹ 16 Cr. This project offers a perfect blend of style and comfort, with spacious apartments and top-notch amenities.
Waterford Villa is another top-selling project that offers luxurious living at its finest. With a sale value of ₹ 8 Cr, this project is perfect for those who want to indulge in a lavish lifestyle.
Last but not least is TG Epitome, with a sale value of ₹ 1 Cr. This project is perfect for those who want to enjoy luxurious living without breaking the bank.
These top projects are highly sought-after, so don't miss out on your chance to own a piece of luxury living in Chikkanagamangala. Contact us today to learn more about these incredible properties.
Price Trend For Chikkanagamangala
Location Sales Trend - Chikkanagamangala
Chikkanagamangala is becoming a popular location for real estate investments in Bengaluru. The location offers excellent connectivity to major IT hubs, educational institutions, hospitals, and entertainment centers. The demand for residential and commercial properties in Chikkanagamangala has been on the rise, and the location has witnessed significant development in the recent past.
Let's take a look at the sales trend in Chikkanagamangala based on the data available for the coming quarters:
Average Rate/Sq.Ft:
The average rate per square foot in Chikkanagamangala has been steadily increasing over the past few quarters. In Q1'22, the average rate was 4598 per sq. ft, which increased to 4692 per sq. ft in Q2'22. However, in Q3'22, the rate decreased slightly to 4285 per sq. ft. But, in Q4'22, there was a significant increase in the average rate, which was 4605 per sq. ft. This upward trend in the average rate is expected to continue, and in Q1'23, the average rate is expected to rise to 5869 per sq. ft.
No of Transactions:
The number of transactions in Chikkanagamangala has been fluctuating in the past few quarters. In Q1'22, the number of transactions was 33, which increased to 52 in Q2'22. However, in Q3'22, the number of transactions decreased to 25. In Q4'22, there was a significant drop in the number of transactions, which was only 13. But, in Q1'23, the number of transactions is expected to increase again, and it is predicted to be around 43.
In conclusion, the location sales trend in Chikkanagamangala is showing a positive trend with an increase in the average rate per sq. ft. However, the number of transactions has been fluctuating in the past few quarters. Nonetheless, Chikkanagamangala is a promising location for real estate investments, and the upward trend in the average rate is expected to continue in the coming quarters.
