Price Trend For Krishnarajapura
Krishnarajapura is a rapidly developing locality in Bangalore, and the location sales trend suggests that it is witnessing a steady growth in both property rates and number of transactions.
According to the data provided, the average rate per square foot in Krishnarajapura for Q1'22 stands at 6547, which has marginally decreased to 6361 in Q2'22 and further dropped to 6096 in Q3'22. However, the trend seems to be picking up as the average rate increased to 6490 in Q4'22 and is expected to rise to 6637 in Q1'23. This indicates that the real estate market in Krishnarajapura is stable, and the location is a promising investment destination for buyers.
Moreover, the data also reveals that the number of transactions in Krishnarajapura is on the rise. In Q1'22, the number of transactions stood at 496, which increased to 505 in Q2'22. However, the locality witnessed a significant hike in the number of transactions in Q3'22, which rose to 855, and further increased to 903 in Q4'22. This clearly indicates that Krishnarajapura is becoming a popular location among homebuyers, and the demand for properties is on the rise.
Therefore, the location sales trend for Krishnarajapura indicates a positive outlook for real estate investments in the area. With stable property rates and increasing number of transactions, buyers can expect good returns on investment in the coming years.
Summary For Krishnarajapura
Location Summary: Krishnarajapura
Krishnarajapura is a rapidly developing locality in Bangalore, known for its proximity to IT hubs like Whitefield, Marathahalli and Bellandur. The area is well-connected to other parts of the city by road and rail. Several residential and commercial real estate projects have been launched in Krishnarajapura in recent years, making it an attractive investment destination.
Rental Rate: The average rental rate in Krishnarajapura is ₹ 30 per sq.ft. This is relatively affordable compared to other localities in Bangalore.
Sales Transactions: According to recent data, there were 4,802 sales transactions in Krishnarajapura in the past year. This indicates a healthy demand for real estate in the locality.
Gross Sales Value: The gross sales value in Krishnarajapura is estimated to be ₹ 1,337 crores. This is a significant figure and highlights the potential for growth in the real estate market in this area.
Current Rate/Sq.ft: The current rate per sq.ft in Krishnarajapura is ₹ 5,039. This is slightly higher than the average rental rate, indicating that property prices in the area are rising.
Overall, Krishnarajapura is a promising location for real estate investment, with a strong demand for both residential and commercial properties. The area's proximity to major IT hubs and good connectivity to other parts of the city make it an ideal choice for investors and homebuyers alike.
Top Selling Projects for Krishnarajapura
Bangalore's Krishnarajapura area is currently home to some of the most sought-after residential projects in the city. Here is a list of the top-selling projects in Krishnarajapura by value:
1. Vaswani Exquisite: This project has seen an increase of ₹ 349 in its current rate, which is now at ₹ 7,014. The sale/rent value of this project is ₹ 94 Cr.
2. S V Signature: With a current rate of ₹ 7,409, this project has a sale/rent value of ₹ 83 Cr.
3. SV Signature: This project has a current rate of ₹ 7,751 and a sale/rent value of ₹ 54 Cr.
4. Skav Ohana: This project has a current rate of ₹ 5,556 and a sale/rent value of ₹ 21 Cr.
5. Alpine Fiesta: This project has seen an increase of ₹ 563 in its current rate, which is now at ₹ 5,582. The sale/rent value of this project is ₹ 13 Cr.
6. Sterling Villa Grande: This project has seen an increase of ₹ 124 in its current rate, which is now at ₹ 9,748. The sale/rent value of this project is ₹ 10 Cr.
7. Sycon Maitri: This project has a current rate of ₹ 7,419 and a sale/rent value of ₹ 8 Cr.
8. Skylark Arcadia: This project has a current rate of ₹ 5,345 and a sale/rent value of ₹ 8 Cr.
9. Fortius Waterscape: This project has a current rate of ₹ 5,553 and a sale/rent value of ₹ 6 Cr.
10. Habitat Crest: This project has a current rate of ₹ 4,329 and a sale/rent value of ₹ 3 Cr.
Investing in one of these top-selling projects can be a wise decision as they offer a great living experience with state-of-the-art amenities and excellent location advantages.
