Summary For Gnana Bharathi
Introduction:
This report provides a summary of the real estate market in the Gnana Bharathi area. The report covers sales transactions, gross sales value, current rate per square foot, and price movement of properties in the area.
Location Summary:
Gnana Bharathi is a residential area located in the western part of Bangalore. The area is well-connected to the city's major areas such as Vijayanagar, Rajajinagar, and Basaveshwaranagar. Gnana Bharathi is known for its educational institutions, including the University of Bangalore and RV College of Engineering. The area is also home to several hospitals, shopping centers, and restaurants.
Sales Transactions:
The report shows that there were 97 sales transactions in the Gnana Bharathi area. This indicates that the area is experiencing a healthy demand for properties. The high number of sales transactions can be attributed to the area's proximity to educational institutions and other amenities.
Gross Sales Value:
The gross sales value of properties in the Gnana Bharathi area was ₹ 42 Cr. This indicates that the real estate market in the area is thriving, and there is a high demand for properties. The high gross sales value can be attributed to the area's popularity among homebuyers and investors.
Current Rate per Square Foot:
The current rate per square foot in the Gnana Bharathi area is ₹ 4,124. This is a relatively high price when compared to other areas in Bangalore. The high price can be attributed to the area's proximity to educational institutions, hospitals, and other amenities.
Price Movement:
The report shows that there has been a price movement of +₹ 349 in the Gnana Bharathi area. This indicates that the area's real estate market is growing steadily, and there is a positive trend in property prices. The price movement can be attributed to the area's popularity among homebuyers and investors.
Conclusion:
In conclusion, the Gnana Bharathi area is a thriving residential area in Bangalore. The area's proximity to educational institutions, hospitals, and other amenities makes it a popular choice among homebuyers and investors. The high number of sales transactions and gross sales value indicate that the real estate market in the area is thriving. The current rate per square foot is relatively high when compared to other areas in Bangalore, and there has been a positive trend in property prices. Overall, the Gnana Bharathi area is a good investment option for those looking to invest in Bangalore's real estate market.
Price Trend For Gnana Bharathi
Location Sales Trend: Gnana Bharathi
Gnana Bharathi is a rapidly developing location in Bangalore, where the real estate market is booming. The area is well-connected to other parts of the city and has seen significant development in recent years. In this article, we will discuss the sales trend of the location and the price trends over the coming quarters.
Average Rate/Sq. Ft:
According to the data provided, the average rate per square foot in Gnana Bharathi has increased steadily over the last few quarters. In Q2'22, the average rate per square foot was 3950, which increased to 4586 in Q3'22 and then to 4759 in Q4'22. However, in Q1'23, we see a slight dip in the average rate per square foot, which stands at 4448.
No of Transactions:
The number of transactions in Gnana Bharathi has also shown a positive trend. In Q1'22, there were only 5 transactions, but this number increased significantly in Q2'22 to 7 and then to 14 in Q1'23. The highest number of transactions were recorded in Q4'22, which was 25.
Conclusion:
The data provided indicates that the real estate market in Gnana Bharathi is growing at a steady pace. The average rate per square foot has increased over the last few quarters, which is a positive sign for the real estate market. The number of transactions has also increased, which indicates that more people are showing interest in investing in this location. We can expect the real estate market in Gnana Bharathi to continue to grow in the coming quarters.
Top Selling Projects for Gnana Bharathi
If you are looking for top-selling projects in Bangalore, then you must check out the list of Top Selling Projects by Value in Gnana Bharathi. These projects are highly sought after due to their excellent location, quality construction, and luxurious amenities.
SV Brezza is one such project that is currently selling at a rate of ₹ 4,628 per square feet and has a sale value of ₹ 16 Cr. This project is known for its spacious apartments, beautiful landscaping, and top-notch security features.
Another project that is highly recommended is Sri Ravi Enclave, which is currently selling at a rate of ₹ 3,964 per square feet and has a sale value of ₹ 3 Cr. This project offers premium amenities like a swimming pool, gymnasium, and clubhouse, making it an ideal choice for families.
Sumukha Meadows is another project that is gaining popularity among homebuyers. It is currently selling at a rate of ₹ 4,409 per square feet and has a sale value of ₹ 2 Cr. This project offers a perfect blend of luxury and comfort, making it an ideal choice for those who want to experience a lavish lifestyle.
Last but not least, Siri Dwaraka is another project that you must check out. Although the current rate is not available, the sale value is ₹ 1 Cr. This project offers modern amenities like a children's play area, a landscaped garden, and a multipurpose hall.
If you are looking for a luxurious home in Bangalore, don't miss out on these top-selling projects in Gnana Bharathi. Book your dream home today and experience a luxurious lifestyle like never before.
