Price Trend For Domlur
Location Sales Trend: Domlur
Domlur is a popular residential locality in Bengaluru, which is known for its proximity to major IT hubs, excellent connectivity, and a range of amenities. The real estate market in Domlur has been witnessing a steady rise in demand, and the latest sales trend data confirms this.
According to the data, the average rate per square foot in Domlur has been increasing steadily over the past few quarters. In Q1'22, the average rate/Sq.Ft was 8479, which increased to 8832 in Q2'22, and further rose to 8972 in Q3'22. However, there was a slight dip in Q4'22 as the average rate/Sq.Ft dropped to 8240. The trend continued in Q1'23, with the average rate per square foot remaining at 8240.
In terms of the number of transactions, Domlur witnessed a fluctuating trend over the past few quarters. In Q1'22, the number of transactions was 13, which decreased to 8 in Q2'22. However, the number of transactions increased to 11 in Q3'22, before dropping to 6 in Q4'22. The trend then picked up in Q1'23, with the number of transactions rising to 13.
Overall, the real estate market in Domlur is showing a positive trend, with the prices per square foot steadily increasing. Although the number of transactions has been fluctuating, the trend seems to be on an upward trajectory. If you are planning to invest in real estate in Domlur, this data could be useful in making an informed decision.
Summary For Domlur
Location Summary: Domlur
Domlur is a residential and commercial locality located in the eastern part of Bangalore, Karnataka, India. It is a well-established and well-connected area with excellent infrastructure and amenities such as schools, hospitals, restaurants, shopping centers, and public transportation.
Sales Transactions:
According to the data, there were 41 sales transactions in Domlur. This indicates that the real estate market in the area is active, and there is a steady demand for properties.
Gross Sales Value:
The gross sales value of properties in Domlur is ₹ 66 Cr. This is a significant amount and indicates that the real estate market in the area is robust.
Current Rate/Sq.ft:
The current rate per square foot in Domlur is ₹ 8,414. This is a high price, which indicates that the area is a premium location with high demand for properties.
Price Movement:
The price movement in Domlur has increased by ₹ 881. This indicates that the real estate market in the area is growing steadily, and there is a positive trend in property prices.
Overall, the data suggests that Domlur is a desirable location for real estate investment with a strong market and steady growth potential.
Top Selling Projects for Domlur
Bangalore, the Silicon Valley of India, is a vibrant city that is known for its booming real estate market. One of the most sought-after locations in the city is Domlur, which is known for its excellent connectivity and proximity to major IT hubs.
If you are looking for the top selling projects in Domlur, you need to check out the Top Selling Projects by Value. This project is known for its exceptional quality and luxurious amenities that make it a great investment opportunity for anyone looking for a premium lifestyle.
One of the most popular projects in this development is Ranka Heights. This project offers spacious and well-designed apartments that are equipped with all the modern amenities you need to live comfortably. The apartments in Ranka Heights are priced at a current rate of ₹ 10,676 per square foot, making it an excellent investment opportunity for anyone looking to buy a home in Domlur.
Apart from the luxurious apartments, Ranka Heights also offers a range of amenities that cater to your every need. The project features a swimming pool, gym, clubhouse, and landscaped gardens that provide a serene and peaceful environment for you to relax and unwind.
If you are looking to invest in a property that offers the perfect blend of luxury and comfort, then Ranka Heights is the perfect choice for you. With its prime location in Domlur and exceptional quality, this project is a top-selling project that is sure to appreciate in value over time.
So, why wait? Invest in Ranka Heights today and experience a lifestyle that is truly exceptional!
