The property price trend at Bangalore varies quite a lot from place to place or area wise. The entire real estate market has its reflection on the current price trends of Bangalore. The prices of properties in Bangalore currently start from 100000. The average value of properties in Bangalore is 68.15 lacs currently. Following the trends helps the investors or buyers and sellers to make the right choice according to their requirements.
There are 244 localities approximately in Bangalore which have a high rise in their price trends whereas around 252 localities have a fall in their price trends. If all the 496 localities are taken into consideration, then currently Bangalore property prices area wise have a rise in their price trends. This is the current price trend which is evaluated over the last six months. Some of the Bangalore property prices area wise is listed below. These are some of the leading areas that are being developed
- Rajarajeshwari Nagar – It is one of the most prominent areas of the city and preferred by the investors due to some of the excellent projects being constructed in this area. Price per sq. Ft. ranges from 2925 to 46995. The average price for this area is 18438 per sqft. It has an 11.3% fall in its price.
- Whitefield Hope Farm Junction – It is another leading property destination for the residents as well as investors. Price per sq.ft. ranges from 3219 to 14385. The average price for this area is 10546 per sq. Ft. The price rose by 101.1%.
- Sarjapur Road – Price per sq. ft. ranges from 2893 to 8372. 7653 per sq. ft. is the average price for this area and it is constant for the past six
- Hosur – Price per sq.ft. ranges from 3802 to 3833. The average price for this area is 3823 per sq. ft. The price rose by 79.2%.
- Indira Nagar – Price per sq. ft. ranges from 6316 to 18478. 16239 per sq. ft. is the average price in this area. Price dropped by 29.4%.
There are approximately 57227 properties listed in Bangalore. The price trends of all these properties are different from one another. The minimum value of a piece of property in Bangalore is around 100000 only. The maximum value of property in Bangalore, recorded within the last six months is priced at 33.25 crores. It is the most expensive property in Bangalore till now.
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