Summary For Nayandahalli
Real Estate Research Report: Location Summary of Nayandahalli
Introduction:
Nayandahalli is a well-known locality in Bangalore, situated in the south-west part of the city. It is located close to Mysore Road and is easily accessible from different parts of Bangalore. It is a developing residential and commercial area, with several new projects coming up in recent years.
Sales Transactions:
According to the data collected, Nayandahalli has witnessed 385 sales transactions in the last year. This indicates a high demand for properties in this locality. It is a positive sign for potential buyers and investors looking to invest in real estate in this area.
Gross Sales Value:
The gross sales value of properties in Nayandahalli is estimated to be around ₹ 252 Crores. This indicates a healthy real estate market in the locality, with a good number of high-value transactions taking place in recent years.
Current Rate/Sq.ft:
The current rate per square foot in Nayandahalli is around ₹ 6,780. This indicates that the prices of property in this locality are moderate and affordable. It is an attractive option for buyers looking for affordable housing options in Bangalore.
Price Movement:
The price movement in Nayandahalli has seen a positive trend, with an increase of ₹ 40 per square foot. This indicates a steady rise in prices in the locality, which is a good sign for investors and buyers looking to invest in real estate in this area.
Conclusion:
Nayandahalli is a developing locality with a healthy real estate market. It is an attractive option for buyers and investors looking for affordable housing options in Bangalore. With a positive price movement and a high number of sales transactions, it is a promising locality to invest in real estate.
Price Trend For Nayandahalli
Location Sales Trend in Nayandahalli: Understanding the Price Trend
Nayandahalli is a rapidly developing locality in Bangalore, known for its excellent connectivity to other parts of the city. As per the latest data, the average rate per square foot in this area is gradually decreasing. However, the number of transactions has shown a slight increase in the coming quarters.
The data for the first quarter of 2022 shows an average rate per square foot of 6910 INR. However, this value has gradually decreased to 6787 INR, 6581 INR, and 7045 INR for the second, third, and fourth quarters of 2022, respectively. However, the average rate per square foot slightly increased to 7102 INR in the first quarter of 2023. This trend indicates that the real estate market in Nayandahalli is stable and can attract potential buyers.
Furthermore, the number of transactions in Nayandahalli has been increasing in the coming quarters. The data shows that there were 61 transactions in the first quarter of 2022. However, this number increased to 91 transactions in the second quarter of 2022. Despite a slight dip in the third quarter, the number of transactions picked up again in the fourth quarter with 63 transactions. In the first quarter of 2023, the number of transactions further increased to 66. This trend implies that there is a growing demand for properties in Nayandahalli.
In conclusion, it is evident that Nayandahalli is a promising locality for real estate investments. The stable price trend and the increasing number of transactions indicate that the area is growing and attracting potential buyers.
Top Selling Projects for Nayandahalli
Bangalore's Nayandahalli area is home to some of the top selling real estate projects in the city. These projects are known for their exceptional value and quality, making them highly sought after by homebuyers and investors alike.
One of the most popular projects in the area is Salarpuria Sattva Divinity. This project boasts an impressive sale and rent value of ₹ 166 crores and a current rate of ₹ 7,297 per square foot. In the past few months, the project has seen a rise in its value, with a change value of +₹ 536.
Another project that has been gaining popularity is Birla Apple Spire. With a sale and rent value of ₹ 34 crores, this project is a great investment opportunity. The current rate for this project is ₹ 6,693 per square foot.
Pride Enchanta is another project that has been making waves in the Nayandahalli area. Although it has seen a slight decrease in value in recent months, with a change value of -₹ 163, the project still has a sale and rent value of ₹ 12 crores and a current rate of ₹ 7,902 per square foot.
Vishwapriya Vertical Garden is also a top project in the area, with a sale and rent value of ₹ 7 crores and a current rate of ₹ 6,119 per square foot. The project has seen a rise in value in recent months, with a change value of +₹ 450.
Lastly, GRC Brundavan is another great project for those looking for value for their money. With a sale and rent value of ₹ 1 crore and a current rate of ₹ 5,595 per square foot, this project is a great investment opportunity.
All in all, these top selling projects in Nayandahalli offer exceptional value and quality, making them highly desirable for homebuyers and investors in Bangalore.
