Summary For Banaswadi
Location Summary Report: Banaswadi
Introduction:
Banaswadi is an up-and-coming residential area located in the northeastern region of Bangalore. It is situated close to the Bangalore International Airport and is well-connected to the city via major roads and public transportation systems. The area is known for its peaceful neighborhoods, quality infrastructure, and excellent amenities.
Sales Transactions:
According to our research, there were a total of 198 sales transactions in Banaswadi in the past year. This indicates a healthy demand for properties in the area, which could be attributed to its location and infrastructure.
Gross Sales Value:
The gross sales value of properties sold in Banaswadi was ₹ 112 Cr. This reflects a significant amount of investment in the area and a positive trend in the real estate market.
Current Rate/Sq.ft:
The current rate per square foot in Banaswadi is ₹ 4,904. This is considered to be a moderate price range for properties in Bangalore. However, the prices may vary depending on the location, amenities, and other factors.
Price Movement:
Over the past year, the price of properties in Banaswadi has shown an upward trend, with an increase of ₹ 308 per square foot. This indicates a positive market sentiment and an opportunity for investors to capitalize on the rising property prices.
Conclusion:
In conclusion, Banaswadi is a promising residential area that offers a high quality of living and excellent investment opportunities. The area has a healthy demand for properties, a positive price trend, and is well-connected to the city. Therefore, it can be considered as a good option for those looking to invest in real estate in Bangalore.
Top Selling Projects for Banaswadi
If you're looking for some of the top selling projects in Bangalore, look no further than Banaswadi. This area has some of the most sought-after properties in the city, and for good reason.
Here are some of the top projects in Banaswadi, based on their current rate and sale/rent value:
1. Dharma Symphony - With a current rate of ₹6,579 and a sale/rent value of ₹5 Cr., Dharma Symphony is one of the most luxurious projects in Banaswadi.
2. Subramanyam Paramount - At ₹4,222 per sq.ft. and a sale/rent value of ₹4 Cr., Subramanyam Paramount is another top project to consider.
3. UV Serenity - With a rate of ₹4,369 per sq.ft., UV Serenity is a great value for the quality of the project. Its sale/rent value is also ₹4 Cr.
4. Silver Dale - This project has a current rate of ₹5,867 per sq.ft. and a sale/rent value of ₹3 Cr.
5. Karthik Homes - At ₹5,390 per sq.ft. and a sale/rent value of ₹3 Cr., Karthik Homes is a popular choice for those looking for luxury living.
6. YD Emerald - With a rate of ₹4,932 per sq.ft. and a sale/rent value of ₹3 Cr., YD Emerald is another top project to consider.
7. Y D Tulip - This project has a current rate of ₹5,404 per sq.ft. and a sale/rent value of ₹3 Cr.
8. SreeReddy Renuga - At ₹4,800 per sq.ft. and a sale/rent value of ₹3 Cr., SreeReddy Renuga is a great option for those looking for quality living spaces.
9. Sree Reddy Arma - While this project has a lower current rate of ₹4,324 per sq.ft., its sale/rent value is still impressive at ₹2 Cr.
10. Nbc Tanish - With a current rate of ₹5,341 per sq.ft. and a sale/rent value of ₹2 Cr., Nbc Tanish is a great option for those looking for a more budget-friendly project.
Overall, Banaswadi has some of the top projects in Bangalore, and these are just a few examples of the quality living spaces you can find in this area.
Price Trend For Banaswadi
Location Sales Trend: Banaswadi
Banaswadi, a bustling suburb of Bangalore, has seen a steady rise in real estate prices in recent years. As per the latest data, the average rate per square foot in Banaswadi has been increasing every quarter, with a slight dip in Q4 of 2022.
In Q1 of 2022, the average rate per square foot was 4827, which increased to 5064 in Q2 and further to 5068 in Q3. However, in Q4 of 2022, the rate dipped slightly to 5128. This trend indicates that the real estate market in Banaswadi is still growing and is a good location for investment.
In terms of the number of transactions, Banaswadi has seen fluctuations over the past few quarters. In Q1 of 2022, there were 33 transactions, which dropped to 18 in Q2. However, in Q3, the number of transactions increased to 29 and dropped again to 14 in Q4 of 2022. This trend indicates that the real estate market in Banaswadi is volatile and may require careful consideration before making any investment decisions.
Overall, the real estate market in Banaswadi is growing steadily, and the average rate per square foot is increasing every quarter. However, the number of transactions is fluctuating, which may require careful consideration before investing.
