Summary For Kengeri
Location Summary:
Kengeri is a rapidly developing locality situated in the southwestern part of Bangalore. It is well-connected to major parts of the city via the Mysore Road and the NICE Ring Road. The area is known to have good social infrastructure with numerous schools, hospitals, and shopping complexes.
Details:
Sales Transactions: According to the data, there have been 217 sales transactions in Kengeri. This indicates a good demand for properties in the area.
Gross Sales Value: The gross sales value of properties in Kengeri is ₹ 88 Cr. This indicates a substantial investment in the area's real estate market.
Current Rate/Sq.ft: The current rate per square foot for properties in Kengeri is ₹ 4,309. This is a reasonable price considering the amenities and connectivity the area offers.
Price Movement: The price movement in Kengeri has seen a positive growth of ₹ 453. This indicates a good return on investment for those who have invested in the area's real estate market.
Overall, the data suggests that Kengeri is a promising location for real estate investment. The area's good social infrastructure, connectivity, and reasonable property prices make it an attractive option for investors.
Price Trend For Kengeri
Location Sales Trend: Kengeri
Kengeri, a suburban area in Bangalore, has been witnessing a steady growth in the real estate sector. The location sales trend data for Kengeri from Q1'22 to Q1'23 shows a positive growth pattern.
The average rate per square foot in Kengeri has been on the rise. In Q1'22, the average rate/Sq.Ft was 4307, which increased to 4376 in Q2'22. However, in Q3'22, there was a slight dip in the average rate/Sq.Ft, which was 4133. The trend took a positive turn in Q4'22, where the average rate/Sq.Ft was 4488, and it continued to grow in Q1'23, with an average rate/Sq.Ft of 4450.
The location sales trend in Kengeri also shows an increase in the number of transactions. In Q1'22, there were only eight transactions, which increased to 36 in Q2'22. In Q3'22, the number of transactions surged to 59, which further decreased to 46 in Q4'22. However, the trend continued to grow in Q1'23, with 31 transactions.
Overall, the location sales trend data for Kengeri indicates a positive growth pattern in the real estate sector. The average rate per square foot is on the rise, and the number of transactions is also increasing steadily. If this trend continues, Kengeri could become a prime location for real estate investment in Bangalore.
Top Selling Projects for Kengeri
Bangalore's Kengeri locality has several top selling projects that are highly valued in the real estate market. These projects offer luxury housing options to people who prefer a comfortable and modern lifestyle.
The "Top Selling Projects by Value" in Kengeri include Suvrith Sadan and Vaastu Tranquil, which offer luxurious and spacious apartments. These projects have a current rate of ₹4,402 and ₹4,414 respectively, and both have a sale/rent value of ₹30 Cr.
Another project that has garnered attention in the market is Trinco Arna, which has seen a rise in its current rate by ₹452 and is now valued at ₹4,759. This project offers premium amenities and facilities to its residents and has a sale/rent value of ₹2 Cr.
Nandini Springfield is another project in Kengeri that offers luxurious living spaces. Although it does not have a current rate, it still has a sale/rent value of ₹1 Cr.
Investing in these top selling projects in Kengeri is a wise decision as they offer a high return on investment. These projects provide a luxurious and comfortable lifestyle to the residents with modern amenities and facilities. If you are looking for a premium living experience, then these top-selling projects in Kengeri are the perfect choice for you.
