Price Trend For Garvebhavi Palya
The location sales trend in Garvebhavi Palya shows a mixed picture for the coming quarters. The average rate per square foot for properties in this location is expected to be Rs. 5598 in Q1'22, but it could decline to Rs. 4416 by Q4'22. However, in Q1'23, this figure is expected to rise again to Rs. 5180.
On the other hand, the number of transactions in Garvebhavi Palya is expected to decline in the coming quarters. There were 21 transactions in Q1'22, but this figure could fall to 14 in Q1'23. However, the number of transactions is expected to pick up in Q3'22.
Overall, the location sales trend in Garvebhavi Palya is mixed. While the average rate per square foot is expected to fluctuate, the number of transactions is expected to decline in the coming quarters. This information could be useful for investors and buyers who are interested in properties in this location. It is important to keep an eye on these trends to make informed decisions about buying or selling properties in the area.
Summary For Garvebhavi Palya
Location Summary: Garvebhavi Palya
Garvebhavi Palya is a rapidly developing locality in South Bangalore. It is strategically located close to important commercial areas such as Electronic City, Koramangala, and HSR Layout. The locality is well-connected to other areas of Bangalore through the Outer Ring Road and Hosur Road. It is also well-connected to the Bangalore International Airport and the Bangalore City Railway Station.
Sales Transactions: According to our research, there have been 99 sales transactions in Garvebhavi Palya over the past year. This indicates that the locality is a popular choice among homebuyers and investors.
Gross Sales Value: The total gross sales value of properties sold in Garvebhavi Palya over the past year is ₹ 22 Cr. This indicates that the locality is a high-value real estate market.
Current Rate/Sq.ft: The current rate per square foot in Garvebhavi Palya is ₹ 3,394. This is in line with the rates in other developing localities in Bangalore.
Price Movement: Our research indicates that the price movement in Garvebhavi Palya has been negative over the past year. The locality has seen a decrease of ₹ 585 per square foot. This could be due to various factors such as the COVID-19 pandemic and economic slowdown.
Overall, Garvebhavi Palya is a promising real estate market in Bangalore. With its strategic location and connectivity, it is a popular choice among homebuyers and investors. However, the negative price movement over the past year should be taken into consideration before making any investment decisions.
Top Selling Projects for Garvebhavi Palya
If you're looking for a top project in Bangalore, look no further than NYK Metro Urbano in Garvebhavi Palya. This project is one of the top selling projects by value, and for good reason.
With a current rate of ₹ 5,234 per square foot, you can be assured that you're getting a great deal on your investment. And with the sale or rent value of ₹ 6 crore, this project is sure to give you a great return on your investment.
The location of NYK Metro Urbano is also ideal. Garvebhavi Palya is a great area of Bangalore that is known for its excellent infrastructure and amenities. You'll have easy access to shopping, dining, entertainment, and more, making this an ideal location for families, professionals, and anyone looking for a comfortable and convenient lifestyle.
So if you're looking for a top project in Bangalore, be sure to check out NYK Metro Urbano. With its excellent value, prime location, and great amenities, it's sure to be a great investment for anyone looking to buy or rent in Bangalore.
