Summary For HSR layout
Location Summary: HSR Layout
HSR Layout is a popular residential and commercial locality situated in the south-eastern part of Bengaluru, Karnataka. The area is well-connected to other parts of the city through its well-planned roads and public transport facilities. HSR Layout is known for its excellent infrastructure and high-quality residential properties.
Rental Rate:
The average rental rate in HSR Layout is ₹ 42 per square foot. This rate is competitive with other similar localities in Bengaluru.
Sales Transactions:
There have been 479 sales transactions in HSR Layout over the past year. This indicates that the area is popular among buyers who are looking for residential properties.
Gross Sales Value:
The gross sales value of properties sold in HSR Layout over the past year is ₹ 385 crore. This is a significant amount and indicates that the area is a hotbed for real estate transactions.
Current Rate/Sq.ft:
The current rate per square foot in HSR Layout is ₹ 6,312. This is a relatively high rate compared to other localities in Bengaluru. It indicates that the demand for properties in HSR Layout is high, leading to higher prices.
Overall, HSR Layout is a popular and thriving locality in Bengaluru's real estate market. The area's excellent infrastructure, connectivity, and high-quality properties make it a popular choice for home buyers and investors.
Price Trend For HSR layout
Location Sales Trend: HSR Layout
HSR Layout is a popular residential area in Bangalore, known for its well-planned layout and proximity to major IT parks and commercial hubs. The location has been witnessing a steady increase in demand for residential properties, and the average rate per square foot has been on the rise in recent quarters.
As per the data provided, the average rate per square foot in HSR Layout was 5413 in Q1'22, which increased to 5838 in Q2'22, and further to 5915 in Q3'22. However, in Q4'22, the average rate per square foot decreased to 5583, but still higher than the first quarter. The trend continued in Q1'23, where the average rate per square foot increased to 5693.
In terms of the number of transactions, HSR Layout witnessed a significant increase in Q2'22, with 49 transactions, compared to 37 in Q1'22. However, the number of transactions decreased in Q3'22 to 29, and further to 20 in Q4'22. In Q1'23, the number of transactions increased to 24.
Overall, the location sales trend in HSR Layout indicates a positive growth in the real estate market, with an increasing average rate per square foot. However, the number of transactions has been fluctuating, indicating a need for developers and real estate agents to understand the market demand and adjust their pricing and marketing strategies accordingly.
Top Selling Projects for HSR layout
Bangalore's HSR layout is one of the most coveted locations in the city, and it's not hard to see why. The area boasts excellent connectivity, top-notch amenities, and a vibrant community that makes it an ideal place to live. For those looking to invest in the real estate market, HSR layout is a great place to start. And what better way to begin than by checking out the top-selling projects in the area?
Here are the top projects in HSR layout that are currently selling like hotcakes:
1. KMB La Palazzo - This project is a real estate gem that is worth every penny. With a sale value of ₹93 Cr, it's no surprise that it's one of the most sought-after projects in the area. The current rate of ₹6,734 is a testament to the quality of the project.
2. Vandana Alpyne - Despite a change in value of -₹188, Vandana Alpyne is still among the top-selling projects in HSR layout. The project has a sale value of ₹11 Cr, and the current rate of ₹4,861 is a great deal.
3. Essem 18 Alaya - This project is a great investment opportunity with a sale value of ₹8 Cr. Despite a smaller change in value of +₹65, the current rate of ₹5,785 is impressive.
4. PNR Felicity - With a sale value of ₹3 Cr, PNR Felicity is an attractive investment opportunity. The current rate of ₹4,507 might not seem like a lot, but it's a great deal for the quality of the project.
5. Apex Crystal - Despite a change in value of -₹261, Apex Crystal is still a top-selling project in HSR layout. With a sale value of ₹3 Cr, the current rate of ₹5,899 is a great deal.
6. DSR Ultima - This project is an excellent investment with a sale value of ₹2 Cr. Despite a change in value of +₹522, the current rate of ₹4,698 is a great deal.
7. Siddhi - With a sale value of ₹2 Cr, Siddhi is a great project to invest in. The change in value of +₹479 is a testament to the quality of the project, and the current rate of ₹7,049 is a great deal.
8. SJR Park Vista - Although there is no change in value or current rate available for SJR Park Vista, it's still a top project in HSR layout. With a sale value of ₹2 Cr, it's definitely worth considering.
9. Sai Siri - With a sale value of ₹1 Cr, Sai Siri is an affordable investment opportunity. Although there is no change in value or current rate available, it's still a project worth considering.
10. Salarpuria Serenity - Another affordable investment opportunity, Salarpuria Serenity has a sale value of ₹1 Cr. Although there is no change in value or current rate available, it's still a great project to invest in.
In conclusion, HSR layout is a great place to invest in real estate, and these top-selling projects are definitely worth considering. Whether you're looking for a high-end luxury project or an affordable investment opportunity, there's something for everyone in HSR layout. So don't wait any longer, and start investing in the dream home you've always wanted!
