Summary For Hulimavu
Location Summary: Hulimavu
Hulimavu is a suburb located in the southern part of Bangalore, Karnataka. It is situated between Bannerghatta Road and Kanakapura Road, which are two of the major roads in Bangalore. The area is well-connected to other parts of the city, with easy access to public transportation.
Sales Transactions:
According to the research, there have been 326 sales transactions in Hulimavu. This indicates a growing demand for properties in the area.
Gross Sales Value:
The gross sales value of properties in Hulimavu is ₹ 252 Cr. This indicates that the real estate market in the area is thriving.
Current Rate/Sq.ft:
The current rate per square foot for properties in Hulimavu is ₹ 5,001. This is relatively affordable compared to other areas in Bangalore.
Price Movement:
The price movement in Hulimavu has been positive, with an increase of ₹ 562 per square foot. This indicates that the real estate market in the area is growing steadily.
Overall, Hulimavu is a promising location for real estate investment. The growing demand for properties, relatively affordable rates, and positive price movement make it an attractive option for homebuyers and investors alike.
Price Trend For Hulimavu
Location Sales Trend: Hulimavu
Hulimavu is a popular residential locality located in the southern part of Bangalore. It is well-known for its serene surroundings and close proximity to major commercial areas such as Bannerghatta Road and Electronic City. Over the years, Hulimavu has witnessed a significant growth in real estate, and the demand for residential properties in this area has been on the rise.
The average rate per square foot for properties in Hulimavu has been steadily increasing over the past few quarters. In Q1'22, the average rate was 5251 INR per square foot, which increased to 5702 INR per square foot in Q2'22. However, in Q3'22, there was a slight dip in the average rate, which stood at 4930 INR per square foot. In Q4'22, the average rate picked up again, and it reached 5496 INR per square foot. The trend continued in Q1'23, where the average rate per square foot was 5672 INR.
The number of transactions in Hulimavu has also witnessed a significant increase over the past few quarters. In Q1'22, the number of transactions was 16, which increased to 29 in Q2'22. In Q3'22, the number of transactions saw a significant surge, and it reached 58. However, in Q4'22, there was a slight dip in the number of transactions, which stood at 50. The trend continued in Q1'23, where the number of transactions was 56.
Overall, the real estate market in Hulimavu is witnessing a positive trend, with an increase in both the average rate per square foot and the number of transactions. The demand for residential properties in this area is expected to continue in the coming quarters, making it a lucrative investment option for homebuyers and investors alike.
Top Selling Projects for Hulimavu
Looking for the top selling projects in Bangalore's Hulimavu locality? Look no further than our list of Top Selling Projects by Value.
At the top of the list is Valmark Apas, which has seen a recent increase of ₹194 in value and is currently priced at ₹7,638 per square foot. This luxurious project boasts a sale value of ₹90 Cr.
Suraksha Tranquil Gardens is another popular project in the area, with a sale value of ₹58 Cr. Mantri Pinnacle, Valmark City Ville, and Fortune Silicon Celesta are also highly sought after, with prices ranging from ₹6,532 to ₹5,266 per square foot.
For those looking for more affordable options, KVR Sai Kruthi, Sai Sunshine, and SV Crescent offer great value at ₹4,000 to ₹4,714 per square foot.
No matter what your budget or preferences may be, there is a project on this list that is sure to meet your needs. Don't miss out on the opportunity to invest in one of Bangalore's top selling projects in Hulimavu.
