Summary For Kadugodi
Location Summary for Kadugodi:
Kadugodi is a rapidly developing residential and commercial locality situated in the eastern part of Bangalore, Karnataka. According to the research report, the current rental rate in Kadugodi is ₹ 27 per square foot. The sales transactions in the area have been quite high with a total of 179 transactions recorded. The gross sales value of Kadugodi stands at ₹ 98 crores.
The current rate per square foot in Kadugodi is ₹ 5,224. This indicates that the demand for properties in this area is high, and the prices are likely to appreciate in the coming years. The location is well-connected to other parts of Bangalore through various modes of transportation, and it enjoys proximity to several schools, hospitals, and shopping centers, making it an attractive destination for homebuyers and investors.
Overall, Kadugodi appears to be a promising location for real estate investments. Its strategic location, high sales transactions, and growing rental rates make it an attractive option for those looking to invest in the Bangalore real estate market.
Price Trend For Kadugodi
Location Sales Trend: Kadugodi - Price and Transaction Trends
Kadugodi has emerged as a popular residential destination in Bangalore, owing to its strategic location and excellent connectivity. The area has witnessed a steady rise in property prices in recent years, and this trend is expected to continue in the near future. Let's take a look at the location sales trend for Kadugodi.
Average Rate/Sq.Ft:
The average rate per square foot for Kadugodi has been steadily increasing over the past few quarters. In Q1'22, the rate was 5017 per sq.ft, which rose to 5406 in Q2'22, indicating a growth of 7.8%. However, in Q3'22, the rate dropped to 4936 per sq.ft, indicating a decline of 8.7%. In Q4'22, the rate again increased to 5231 per sq.ft, and in Q1'23, it further rose to 5302 per sq.ft, indicating a growth of 1.4%. Overall, the average rate per sq.ft for Kadugodi has shown a positive trend with an average growth of around 2.6% per quarter.
No of Transactions:
The number of transactions in Kadugodi has shown a mixed trend over the past few quarters. In Q1'22, the number of transactions was 39, which declined to 32 in Q2'22, indicating a decline of 17.9%. However, in Q3'22, the number of transactions increased to 47, indicating a growth of 46.9%. In Q4'22, the number of transactions declined again to 35, indicating a decline of 25.5%. In Q1'23, the number of transactions remained stable at 35. Overall, the number of transactions in Kadugodi has shown a slightly negative trend with an average decline of around 2.2% per quarter.
Conclusion:
The location sales trend for Kadugodi indicates that the area is witnessing a steady rise in property prices, despite some fluctuations. The number of transactions, however, has shown a slightly negative trend. Investors and homebuyers can use this information to make informed decisions about buying or selling properties in Kadugodi.
Top Selling Projects for Kadugodi
Bangalore's Kadugodi area is currently witnessing some of the top selling projects by value in the real estate market. These projects are attracting investors and homebuyers alike due to their prime location, amenities, and affordable prices.
One such project that is gaining popularity is ARK Cloud City. With a current rate of ₹5,333 per square foot, this project has seen a rise in value by ₹499. The sale or rent value of this project is estimated at ₹5 crore, making it a lucrative investment opportunity.
Another project that is making waves in the market is Harsha Gateway. With a current rate of ₹3,561 per square foot, the project has seen a rise in value by ₹364. The sale or rent value of this project is estimated at ₹4 crore, making it a great investment option for those looking for high returns.
Lakshya Homes is another project that is attracting a lot of attention. With a current rate of ₹4,446 per square foot, this project offers affordable yet luxurious living options. The sale or rent value of this project is estimated at ₹2 crore, making it a great investment opportunity for those on a budget.
Other noteworthy projects in the area include Ark Serene County and Puravankara Bougainvilla, both estimated at ₹1 crore in sale or rent value. Marvel Sequoia, with a current rate of ₹4,656 per square foot and a rise in value by ₹739, and Malibu Rising City, with a current rate of ₹3,540 per square foot, are also great investment options.
In conclusion, the Kadugodi area in Bangalore is seeing a surge in real estate investment due to these top selling projects by value. With their prime location, affordable prices, and high sale or rent value, these projects are a great investment opportunity for those looking to invest in Bangalore's real estate market.
