Summary For Kumaraswamy Layout
Location Summary: Kumaraswamy Layout
Kumaraswamy Layout is a well-developed residential area located in the southern part of Bangalore, Karnataka. It is a popular locality due to its proximity to major IT hubs and excellent connectivity through the NICE Ring Road, Kanakapura Road, and Mysore Road.
Sales Transactions:
According to the available data, there have been 387 sales transactions in Kumaraswamy Layout. This indicates a high demand for properties in this locality.
Gross Sales Value:
The gross sales value of properties in Kumaraswamy Layout is ₹ 297 Cr. This is a significant amount and indicates a thriving real estate market in the area.
Current Rate/Sq.ft:
The current rate per square foot in Kumaraswamy Layout is ₹ 5,642. This rate is relatively high compared to other localities in Bangalore but is justified due to the locality's excellent connectivity and amenities.
Price Movement:
The price movement in Kumaraswamy Layout has shown a positive trend with an increase of ₹ 1,271 per square foot. This indicates a stable and growing real estate market in the area.
Overall, Kumaraswamy Layout is a prime location for real estate investment due to its excellent connectivity, proximity to major IT hubs, and growing demand for properties. The positive price movement and high gross sales value also indicate a stable and profitable real estate market in the locality.
Price Trend For Kumaraswamy Layout
Location Sales Trend: Kumaraswamy Layout
Real estate sales trends in Kumaraswamy Layout have been steadily increasing over the past year. The average rate per square foot has seen an overall increase with a few fluctuations throughout the quarters. In Q1'22, the average rate per square foot was 4150, which increased to 4240 in Q2'22. However, it dropped slightly to 4156 in Q3'22 before rising again to 4354 in Q4'22. In Q1'23, it decreased to 4132.
The number of transactions in Kumaraswamy Layout has also seen a steady increase in the past year. In Q1'22, there were 32 transactions, which decreased to 21 in Q2'22. However, it rose again to 31 in Q3'22 before decreasing to 25 in Q4'22. In Q1'23, it further decreased to 23 transactions.
Though the number of transactions has decreased in the last two quarters, the average rate per square foot has remained stable. This indicates that the real estate market in Kumaraswamy Layout is still strong and stable, making it a favorable location for investment.
In conclusion, the sales trend in Kumaraswamy Layout shows an overall positive growth in the real estate market. The location is witnessing stable growth in rates and transactions, indicating that it is a good investment option for potential buyers.
Top Selling Projects for Kumaraswamy Layout
Bangalore's Kumaraswamy Layout is one of the most sought-after locations in the city, and it's no surprise that there are several top-selling projects in the area. Here are some of the most valuable projects in the region that are worth considering.
1. Shriram Southern Crest - This project is a luxury residential complex that offers exquisitely designed homes in the heart of the city. With a sale value of ₹252 crore, it is one of the most expensive projects in the area. The current rate for a home in this project is ₹6,752 per sq. ft.
2. Shyam Abhinandan - This project is another popular option in Kumaraswamy Layout. It is a mid-range residential complex that offers modern homes at affordable prices. The sale value for this project is ₹3 crore, and the current rate is ₹5,810 per sq. ft. What sets this project apart is its location, which is close to several commercial and recreational hubs in the city.
Both of these projects are highly sought-after for their quality construction, premium amenities and strategic location. With a range of options to choose from, buyers can find the perfect home that meets their requirements and budget. Whether you are looking for a luxury apartment or a mid-range home, these projects are definitely worth considering. So, if you are in the market for a new home in Bangalore, make sure to check out these top-selling projects in Kumaraswamy Layout.
