Price Trend For Hebbal
The Location Sales Trend for Hebbal shows a positive growth in both the Average Rate/Sq.Ft and the number of transactions. The data presented in the table indicates that in Q1'22, the Average Rate/Sq.Ft was at 4242, which increased to 4752 in Q2'22. This trend continues with a steady increase in Q3'22 and Q4'22, reaching 4869 and 4958 respectively. In Q1'23, the average rate reached its highest point at 5212.
Similarly, the number of transactions also shows an upward trend. In Q1'22, the number of transactions was at 41, which decreased slightly to 35 in Q2'22. However, it again increased in Q3'22 and Q4'22, reaching 37 and 35 respectively. In Q1'23, the number of transactions reached its highest point at 52.
This positive growth in both the Average Rate/Sq.Ft and the number of transactions indicates that Hebbal is a prime location for real estate investments. The increasing demand for properties in Hebbal is driving up the prices, making it a lucrative option for investors. The location's proximity to important landmarks and its excellent connectivity to other parts of the city are some of the factors that are contributing to its growth.
If you're looking to invest in real estate, Hebbal could be a great option. However, it's important to keep in mind that the real estate market is subject to fluctuations and trends can change over time. So, it's always advisable to do your research and consult with a real estate expert before making any investments.
Top Selling Projects for Hebbal
Bangalore's Hebbal locality is known for its real estate development and Top Selling Projects by Value in this area are a testament to it. Let's take a closer look at some of the top projects that are currently creating a buzz.
1. Siroya Environ: With a current rate of ₹6,648, Siroya Environ is the top-selling project in Hebbal. It offers luxury apartments with world-class amenities, making it a popular choice among homebuyers. The sale value of this project is ₹9 Cr.
2. Siroya Sunshine: Siroya Sunshine is another popular project in Hebbal with a current rate of ₹5,316. It offers spacious apartments and modern amenities that make it an ideal choice for families. The sale value of this project is ₹5 Cr.
3. Sri Lakshmi Narasimha Residency: This project is a great choice for those looking for affordable housing in Hebbal. The sale value of Sri Lakshmi Narasimha Residency is ₹2 Cr.
4. Manifest Elite: Manifest Elite is a luxury project that offers world-class amenities and spacious apartments. The sale value of this project is ₹1 Cr.
5. Manifest Fortune: Another project by Manifest Group, Manifest Fortune offers luxurious living spaces and amenities. The sale value of this project is ₹1 Cr.
6. Prakruthi Nest: Prakruthi Nest is a popular choice among homebuyers looking for affordable housing in Hebbal. The sale value of this project is ₹1 Cr.
7. Shakthi Apartment: Shakthi Apartment is a premium project that offers spacious apartments and modern amenities. The current rate of this project is ₹4,364 and the sale value is ₹1 Cr.
8. Baba Enclave: Baba Enclave is a great choice for those looking for budget-friendly apartments in Hebbal. The sale value of this project is ₹1 Cr.
In conclusion, Hebbal is a great locality to invest in real estate and these top selling projects by value offer a range of options for homebuyers with varying budgets and requirements.
Summary For Hebbal
Introduction:
The following report provides a summary of the real estate market in Hebbal, including sales transactions, gross sales value, current rate per square foot, and price movement.
Location Summary:
Hebbal is a well-known residential and commercial area located in the northern part of Bangalore. The area is known for its proximity to the Bangalore International Airport and its excellent connectivity to the city's major business hubs. Over the years, Hebbal has emerged as a popular destination for real estate investors and homebuyers.
Sales Transactions:
The total number of sales transactions in Hebbal is 196, indicating a healthy demand for real estate in the area. The presence of reputed builders and developers has contributed to the growth of the real estate market in Hebbal.
Gross Sales Value:
The gross sales value of real estate transactions in Hebbal is ₹ 110 Cr. This indicates that the real estate market in Hebbal is thriving, and there is a significant return on investment for real estate investors.
Current Rate/Sq.ft:
The current rate per square foot of real estate in Hebbal is ₹ 5,259. This is a reflection of the high demand for real estate in the area and indicates that the market is performing well.
Price Movement:
The price movement for real estate in Hebbal is positive, with an increase of ₹ 737. This is a reflection of the overall growth of the real estate market in Hebbal and indicates that the area is a good investment destination.
Conclusion:
In conclusion, Hebbal is a thriving real estate market with healthy sales transactions, gross sales value, and price movement. The area's proximity to the airport and excellent connectivity to major business hubs make it an attractive location for real estate investors and homebuyers.
