Summary For Gottigere
Location Summary: Gottigere
Gottigere is a rapidly developing locality in South Bangalore that is witnessing significant growth in recent years. The area is well-connected to other major locations in the city, including Electronic City, Bannerghatta Road, and Kanakapura Road. It is also in close proximity to major IT parks and industries, making it an ideal location for professionals and families alike.
Rental Rate: The rental rate in Gottigere is around ₹ 32 per square foot. This is competitive compared to other areas in South Bangalore and makes it an affordable option for those looking to rent a property in the area.
Sales Transactions: According to recent data, there have been 788 sales transactions in Gottigere. This indicates a high demand for properties in the area, which is a positive sign for investors and developers.
Gross Sales Value: The gross sales value in Gottigere is around ₹ 168 Crore. This is a substantial amount and highlights the potential for lucrative investment opportunities in the area.
Current Rate/Sq.ft: The current rate per square foot in Gottigere is around ₹ 4,977. This is slightly lower than other prime locations in South Bangalore, making it an attractive option for those looking to buy property in the area.
Overall, Gottigere is an up-and-coming location in Bangalore that offers a lot of potential for growth and development. With its convenient location, affordable rental rates, and high demand for properties, it is a promising investment opportunity for both investors and developers.
Top Selling Projects for Gottigere
If you're looking for the top selling projects in Bangalore's Gottigere area, you've come to the right place. The following are some of the best options available for those seeking to invest in property in this region.
1. Raja Woods Park: This is a top-of-the-line project that is currently going for ₹56 Cr. It offers the perfect blend of luxury and functionality, making it a great choice for those who want to invest in a high-end property.
2. GR Regent Park: This is another great project that is currently selling for ₹5 Cr. It offers a range of amenities and features that make it an ideal investment for those who want a comfortable and modern lifestyle.
3. Econ Shreyas: This project is currently going for ₹4 Cr and is a great option for those who want to invest in a property that is both affordable and functional. It is designed to cater to the needs of all residents, regardless of their lifestyle preferences.
4. Dream Home Apartment: This is a well-designed project that offers a range of features and amenities that make it a great choice for those seeking a comfortable and luxurious lifestyle. It is currently selling for ₹2 Cr.
5. Raja Aristos: This is another great project that is ideal for those looking for a high-end property. It is currently selling for ₹1 Cr and offers a range of features and amenities that make it a great investment option.
6. Aikya Apartments: This project is also selling for ₹1 Cr and is a great option for those seeking an affordable yet functional property. It is designed to cater to the needs of all residents, regardless of their lifestyle preferences.
In summary, if you're looking for the top selling projects in Bangalore's Gottigere area, these six options are definitely worth considering. Each project offers a range of features and amenities that cater to the needs of a diverse range of residents. So, take your pick and invest in your dream property today!
Price Trend For Gottigere
Location Sales Trend: Gottigere
Gottigere is a rapidly developing location in Bangalore, with a growing demand for residential properties. The sales trend in Gottigere has shown an upward trend with an increase in the number of transactions and the average rate per square foot.
The data from Q1'22 to Q1'23 indicates that the average rate per square foot has increased steadily. In Q1'22, the average rate per square foot was 4213, which increased to 5909 in Q1'23, indicating a growth of 40%. This growth can be attributed to the increase in demand for residential properties in the location.
The number of transactions in Gottigere has also shown a positive trend. In Q1'22, there were 78 transactions, which decreased to 26 in Q2'22. However, the number of transactions picked up in Q3'22 with 164 transactions, followed by 270 transactions in Q4'22 and 145 transactions in Q1'23.
This sales trend in Gottigere is indicative of the location's potential for real estate investments. With the steady increase in the average rate per square foot and a growing number of transactions, Gottigere is a location to watch out for in the coming years.
