Summary For Jalahalli West
Location Summary: Jalahalli West
Jalahalli West is a rapidly developing residential area located in the northern part of Bangalore. The area is well-connected to other parts of the city through an extensive network of roads and public transport. It is situated close to important landmarks like the Indian Air Force Training Centre, BEL factory, and the Peenya Industrial Area.
Sales Transactions:
Over the past few years, Jalahalli West has witnessed a steady increase in sales transactions. As per the available data, there were 387 sales transactions in the area. This indicates a growing demand for residential properties in the locality.
Gross Sales Value:
The gross sales value of properties in Jalahalli West is estimated to be around ₹ 180 Crores. This indicates a significant growth in the real estate market of the area.
Current Rate/Sq.ft:
The current rate per square foot in Jalahalli West is ₹ 5,140. This is relatively affordable compared to other residential areas in Bangalore. The affordable rates are attracting a lot of homebuyers to invest in properties in the area.
Price Movement:
The price movement in Jalahalli West has been positive over the past few years. There has been an increase of ₹ 257 per square foot, indicating a healthy appreciation in property values. This is a good sign for investors looking to invest in the real estate market in Jalahalli West.
Conclusion:
In conclusion, Jalahalli West is a rapidly developing residential area with a growing demand for properties. The affordable rates, good connectivity, and positive price movement make it an attractive investment option for homebuyers and investors alike. It is expected that the real estate market in Jalahalli West will continue to grow in the coming years.
Price Trend For Jalahalli West
Jalahalli West is witnessing a steady growth in the real estate sector as per the latest location sales trend data. The average rate per square foot in the area has been increasing steadily over the past few quarters, with a current rate of around 5424 INR per square foot. This indicates a positive trend for property prices in the area, making it an attractive location for investors and buyers alike.
In addition to the increasing property prices, the number of transactions in Jalahalli West has also been on the rise. The data shows that there were 28 transactions in the first quarter of 2022, which increased to 29 in the second quarter. The third quarter saw a slight dip in the number of transactions with 25, but the last quarter of the year witnessed a significant increase to 11 transactions. The first quarter of 2023 saw a further increase to 15 transactions, indicating a positive trend in the demand for properties in the area.
Overall, the location sales trend data for Jalahalli West suggests that it is a promising area for real estate investment. With increasing property prices and a growing number of transactions, it is likely that the area will continue to attract buyers and investors in the coming years.
Top Selling Projects for Jalahalli West
If you're looking for the top selling projects in Bangalore, then Jalahalli West is definitely one of the places you should consider. This location is known for its excellent connectivity, proximity to major IT hubs, and a host of amenities that make life comfortable and convenient.
One of the top projects in Jalahalli West is Concorde Spring Meadows. This project offers luxurious, spacious apartments with world-class amenities such as a clubhouse, swimming pool, gym, and much more. The current rate for these apartments is ₹ 5,091 per square foot, and the sale value is a whopping ₹ 138 Crores. In the last few months, the value has risen by ₹ 166, making it one of the most sought-after projects in the area.
Another project that is worth considering is GR Kenisha. With a current rate of ₹ 4,741 per square foot, these apartments are an excellent investment opportunity. The sale value is ₹ 3 Crores, and in the last few months, the value has risen by ₹ 101. The project offers top-notch amenities such as a clubhouse, swimming pool, and landscaped gardens.
If you're looking for something more affordable, then Kumar Princetown Royale is another project you should check out. With a sale value of ₹ 1 Crore, these apartments offer excellent value for money. The current rate is not available, but it's definitely worth considering if you're looking for a budget-friendly option.
Lastly, GM Infinite Silver Spring Field is another project in Jalahalli West that's worth considering. While the current rate and value are not available, this project offers spacious apartments with state-of-the-art amenities such as a clubhouse, swimming pool, and much more.
In conclusion, if you're looking for top-selling projects in Jalahalli West, then these are some of the best options to consider. With excellent connectivity, proximity to major IT hubs, and a host of amenities, these projects offer a comfortable and convenient living experience.