Price Trend For Haralur
Haralur has been showing a mixed trend in terms of the location sales trend over the coming quarters. The average rate per square foot for the location has been fluctuating, as per the data provided, with a high of 6415 in Q2'22 and a low of 5598 in Q3'22. However, overall, the average rate per square foot has been increasing steadily with the highest being in Q2'22.
On the other hand, the number of transactions in Haralur has been showing a declining trend from Q2'22 to Q4'22 and then a sharp fall in Q1'23. The number of transactions has decreased from 99 in Q2'22 to 54 in Q4'22 and then to 40 in Q1'23.
Overall, while the average price per square foot has been increasing, the number of transactions in Haralur has been decreasing. This indicates that the demand for properties in Haralur might be dwindling, which could be attributed to a variety of reasons such as oversupply, lack of infrastructure, or high property prices. It would be interesting to see how Haralur's real estate market performs in the coming quarters and whether the trend continues or reverses.
Top Selling Projects for Haralur
Bangalore is a city that is known for its rapid growth and development. The real estate market in the city has been booming for quite some time now, and the Haralur locality is one of the areas that have seen a significant increase in demand for residential properties. Here are the top selling projects in Haralur based on their value.
1. Inner Spaces Meadow In The Sun: This project has a sale value of ₹ 99 Cr. and offers luxurious apartments that are designed to provide a comfortable and serene living experience. The current rate of the project is ₹ 6,409, and it has seen a change in value of +₹ 1,268.
2. RBD Stillwaters: This project has a sale value of ₹ 68 Cr. and offers premium apartments that are equipped with modern amenities. The current rate of the project is ₹ 7,290, and it has not seen any change in value lately.
3. Poorvi Champions Height: This project has a sale value of ₹ 17 Cr. and offers spacious apartments that are designed to provide a comfortable living experience. The current rate of the project is ₹ 5,819, and it has seen a change in value of +₹ 339.
4. Frontier Heights: This project has a sale value of ₹ 8 Cr. and offers elegant apartments that are designed to provide a luxurious living experience. The current rate of the project is ₹ 5,241, and it has not seen any change in value lately.
5. Shubh Enclave: This project has a sale value of ₹ 7 Cr. and offers premium apartments that are designed to provide a comfortable living experience. The current rate of the project is not available, and it has not seen any change in value lately.
6. Nele: This project has a sale value of ₹ 6 Cr. and offers spacious apartments that are designed to provide a comfortable living experience. The current rate of the project is ₹ 6,000, and it has not seen any change in value lately.
7. Pionier Orchard Avenue: This project has a sale value of ₹ 4 Cr. and offers luxurious apartments that are equipped with modern amenities. The current rate of the project is ₹ 5,800, and it has not seen any change in value lately.
8. Bren EdgeWaters: This project has a sale value of ₹ 4 Cr. and offers elegant apartments that are designed to provide a luxurious living experience. The current rate of the project is ₹ 4,479, and it has not seen any change in value lately.
9. Shriram Chirping Woods: This project has a sale value of ₹ 3 Cr. and offers premium apartments that are equipped with modern amenities. The current rate of the project is ₹ 5,270, and it has not seen any change in value lately.
10. Zonasha Vista: This project has a sale value of ₹ 3 Cr. and offers spacious apartments that are designed to provide a comfortable living experience. The current rate of the project is ₹ 6,123, and it has not seen any change in value lately.
These top selling projects in Haralur offer a wide range of residential properties that cater to the needs of different homebuyers. If you are looking to invest in the real estate market in Bangalore, these projects are definitely worth considering.
Summary For Haralur
Location Summary - Haralur
Haralur is a rapidly developing locality in Bangalore, known for its proximity to major tech parks and excellent connectivity to other parts of the city. The area has witnessed significant growth in the real estate sector in recent years, with many new residential and commercial projects being launched.
Rental Rate - The average rental rate in Haralur is ₹31 per square foot, making it an attractive destination for renters looking for affordable options in a prime location.
Sales Transactions - In the last year, there have been 603 sales transactions in Haralur, indicating a high demand for properties in the area.
Gross Sales Value - The total gross sales value in Haralur is estimated to be ₹561 crore, indicating a healthy real estate market with good investment potential.
Current Rate/Sq.ft - The current rate per square foot in Haralur is ₹7,223, which is expected to increase in the coming years as the area continues to develop and attract more buyers and investors.
Overall, Haralur is a promising location for real estate investment, offering good rental rates and sales transactions, a high gross sales value, and a rapidly growing property market.
