Price Trend For Bhoganhalli
Location Sales Trend: Bhoganhalli
Bhoganhalli is a rapidly developing locality in Bangalore, and the real estate market in this area has been witnessing a steady growth in recent years. Let's take a look at the sales trend for Bhoganhalli.
Average Rate/Sq.Ft:
The average rate per square foot for properties in Bhoganhalli has been on an upward trend in the past few quarters. In Q1'22, the average rate per square foot was 5317, which dropped to 4314 in Q2'22. However, it picked up again in Q3'22 and reached 4236. In Q4'22, the average rate per square foot increased further to 4576. The trend continued in Q1'23 with the average rate per square foot being 4466. This indicates that the real estate market in Bhoganhalli is stable and growing.
No of Transactions:
The number of transactions in Bhoganhalli has been fluctuating in the past few quarters. In Q1'22, the number of transactions was 12, which increased to 17 in Q2'22. It further increased to 20 in Q3'22, but reduced to 28 in Q4'22. In Q1'23, the number of transactions dropped again to 10. The reason for the fluctuations in the number of transactions could be due to the changing market conditions, buyer preferences, and other factors.
Conclusion:
In conclusion, Bhoganhalli is a promising location for real estate investments. The average rate per square foot for properties is on an upward trend, which indicates that the demand for properties is increasing. Although the number of transactions has been fluctuating, the overall trend shows that the market is stable and growing. It is advisable to keep an eye on the market trends and invest in properties in Bhoganhalli at the right time to maximize returns.
Summary For Bhoganhalli
Location Summary: Bhoganhalli
Bhoganhalli is a locality in Bangalore, situated to the east of the city. The area is known for its proximity to major IT hubs such as Whitefield and Marathahalli. Bhoganhalli has emerged as a popular residential destination due to its excellent connectivity to the rest of the city and the presence of various social amenities.
Rental Rate: The current rental rate in Bhoganhalli is approximately ₹ 39 per square foot. This is considered to be affordable compared to other localities in Bangalore, making it an attractive option for those looking to rent a property in the area.
Sales Transactions: There have been 178 sales transactions in Bhoganhalli in recent years. This indicates a healthy demand for properties in the area, which is a positive sign for real estate investors.
Gross Sales Value: The gross sales value of properties in Bhoganhalli is approximately ₹ 70 crore. This is a significant amount and indicates that the area has a vibrant real estate market with potential for growth.
Current Rate/Sq.ft: The current rate per square foot of property in Bhoganhalli is ₹ 5,019. This is slightly lower than the average rate in Bangalore, making it an affordable option for those looking to buy property in the area.
Overall, Bhoganhalli is a promising location for real estate investment due to its growing popularity as a residential destination, affordable rental rates, and healthy demand for properties.
Top Selling Projects for Bhoganhalli
If you're looking for the top selling projects in Bangalore, then you should definitely check out these projects in Bhoganhalli. These projects have been carefully curated to provide you with the best value for your money. Here are the top selling projects by value in Bhoganhalli.
1. R Sun Clover - This project boasts of luxurious apartments that come with world-class amenities. The current rate for this project is ₹4,162 and the sale/rent value is ₹5 Cr.
2. Maarq Alpha - This project is designed keeping in mind the needs of modern-day living. The apartments are spacious and come with top-notch facilities. The current rate for this project is ₹5,844 and the sale/rent value is ₹5 Cr.
3. Innovative Oak Garden - This project is perfect for those who want to live in a serene environment. The apartments are surrounded by lush greenery and come with all the modern amenities. The current rate for this project is ₹3,851 and the sale/rent value is ₹4 Cr.
4. Priyanka Silver Oak - This project offers premium apartments that are perfect for those who want to live in luxury. The apartments come with all the modern amenities and are designed to provide maximum comfort. The current rate for this project is ₹3,465 and the sale/rent value is ₹2 Cr.
5. Sandeep Square - This project offers affordable yet luxurious apartments that are perfect for those who want to live in style. The apartments come with all the necessary amenities and are designed to provide a comfortable living experience. The sale/rent value for this project is ₹1 Cr.
6. Rohan Iksha - This project is designed to provide a comfortable living experience to its residents. The apartments come with all the modern amenities and are designed to provide maximum comfort. The current rate for this project is ₹5,317 and the sale/rent value is ₹1 Cr.
So, if you're looking for the top selling projects in Bhoganhalli, then these projects should definitely be on your list. With luxurious amenities, spacious apartments, and a serene environment, these projects offer the perfect blend of comfort and luxury.
