Price Trend For Nagondanahalli
Location Sales Trend: Nagondanahalli
Nagondanahalli is a popular location in the real estate market of India. The location has witnessed a significant price trend in the past few quarters. Let's take a closer look at the price trend in Nagondanahalli.
The average rate per square foot in Nagondanahalli has shown a consistent increase in the last few quarters. In Q1'22, the average rate per square foot was 4213, which increased to 4196 in Q2'22. The trend continued with 4554 in Q3'22 and 4404 in Q4'22. In Q1'23, the average rate per square foot was 4115. This indicates that the real estate market in Nagondanahalli has been growing steadily, and buyers are showing a keen interest in the location.
Apart from the average rate per square foot, the number of transactions in Nagondanahalli has also increased significantly. In Q1'22, the number of transactions was 18, which increased to 20 in Q2'22. The trend continued with 35 transactions in Q3'22 and 38 transactions in Q4'22. In Q1'23, the number of transactions surged to 103, which indicates a remarkable growth in the real estate market in Nagondanahalli.
The increasing demand for properties in Nagondanahalli can be attributed to its strategic location, excellent connectivity, and the presence of various amenities. The location is well-connected to major highways, and it offers easy access to various important locations in the city. Moreover, Nagondanahalli is home to various schools, hospitals, shopping centers, and other essential facilities, making it an ideal location for families and working professionals.
In conclusion, Nagondanahalli is a thriving location in the real estate market, with a consistent increase in the average rate per square foot and the number of transactions. The location's strategic location and various amenities make it an attractive choice for buyers looking for a lucrative investment opportunity.
Top Selling Projects for Nagondanahalli
If you're looking to invest in a property in Bangalore, Nagondanahalli is one of the top locations to consider. And when it comes to the top selling projects in the area, there are a few that stand out from the rest.
First on the list is Sai Sunshine, with a sale value of ₹ 37 Cr. This project has been a top seller due to its prime location, luxurious amenities, and spacious apartments. With a current rate of ₹ 5,088, this project is a great investment opportunity for those looking for a high-end property in Bangalore.
Next up is ND Ventures Magnolia, currently priced at ₹ 3,766. While it has seen a slight decrease in value (₹ 83) recently, this project still boasts a sale value of ₹ 22 Cr. The project offers a range of apartments, from 1 BHK to 4 BHK, and is known for its excellent infrastructure and amenities.
Finally, we have Mahalakshmi Misty Meadows, with a current rate of ₹ 3,500. While the project has seen a decrease in value (₹ 803), its sale value remains at ₹ 5 Cr. The project is located in a peaceful and serene environment, offering a perfect blend of tranquility and luxury.
Overall, these top selling projects by value in Nagondanahalli are a great investment opportunity for those looking to buy property in Bangalore. With their prime location, high-end amenities, and luxurious apartments, these projects are sure to provide a comfortable living experience for years to come.
Summary For Nagondanahalli
Location Summary: Nagondanahalli
Nagondanahalli is a developing locality located in the eastern part of Bangalore, Karnataka. The area is well-connected to the rest of the city with good road and rail connectivity. The Kempegowda International Airport is located at a distance of approximately 37 km from Nagondanahalli.
Rental Rate: The rental rate in Nagondanahalli is ₹27 per sq.ft which is comparatively affordable compared to other developed areas in Bangalore.
Sales Transactions: The area has witnessed 263 sales transactions in the last year, indicating a stable real estate market.
Gross Sales Value: The gross sales value of properties in Nagondanahalli is ₹104 Cr., which shows a steady demand for properties in the locality.
Current Rate/Sq.ft: The current rate per sq.ft in Nagondanahalli is ₹4,109. This rate is relatively lower than other developed localities in Bangalore, making it an affordable option for investors and home buyers.
In conclusion, Nagondanahalli has a stable real estate market with affordable rental and sales rates. The area's proximity to the airport and good connectivity to the rest of the city make it an attractive option for investors and home buyers.
