Price Trend For Kithiganur
Location Sales Trend: Kithiganur
Kithiganur is a developing area in Bangalore that is quickly becoming a popular choice for homebuyers. The location sales trend for Kithiganur indicates positive growth in the real estate market. In the first quarter of 2022, the average rate per square foot was 3866, and this continued to grow steadily over the next two quarters, reaching a peak of 4020 in the third quarter. However, in the fourth quarter of 2022, there was a slight dip in the average rate per square foot, dropping to 3758. This could be attributed to various factors such as seasonal trends, economic fluctuations, and market supply and demand.
When it comes to the number of transactions in Kithiganur, the trend is fluctuating. In the first quarter of 2022, there were 63 transactions, and this number significantly dropped in the second quarter to only 33 transactions. However, in the third quarter, the number of transactions increased to 62, and then again dipped down to 32 in the fourth quarter. Interestingly, in the first quarter of 2023, there was a sudden spike in the number of transactions, reaching up to 123.
Overall, the location sales trend for Kithiganur shows a positive outlook for investors and homebuyers. Despite minor fluctuations in the average rate per square foot and the number of transactions, the trend indicates steady growth in the real estate market. It is important to keep track of these trends and consult with a real estate professional to make informed decisions.
Top Selling Projects for Kithiganur
Top Selling Projects by Value in Kithiganur, Bangalore
Kithiganur, a rapidly developing locality in Bangalore, has become a hub for real estate investment in recent times. Many developers have launched their projects in this area, offering a range of options to potential buyers. Here are the top selling projects by value in Kithiganur:
1. DS Max Sunworth: With a sale/rent value of ₹17 Cr, DS Max Sunworth is the top selling project in Kithiganur. The current rate for this project is ₹3,131 per sq. ft.
2. SAS Honey Dew: The second top selling project is SAS Honey Dew, with a sale/rent value of ₹13 Cr. The current rate for this project is ₹3,666 per sq. ft.
3. Hebron Avenue: Hebron Avenue comes third on the list with a sale/rent value of ₹9 Cr. The current rate for this project is ₹4,608 per sq. ft.
4. Cybele Greens: Cybele Greens has a sale/rent value of ₹4 Cr. The current rate for this project is ₹3,782 per sq. ft.
5. Sri Tirumala Silver Springs: Sri Tirumala Silver Springs has seen a recent rise in its current rate, which is now at ₹4,207 per sq. ft. The sale/rent value for this project is ₹3 Cr.
6. Venkat Windsor East: The current rate for Venkat Windsor East is ₹3,793 per sq. ft. The sale/rent value for this project is ₹3 Cr.
7. Hebron Enclave: Hebron Enclave has seen a slight decrease in its current rate, which is now at ₹3,725 per sq. ft. The sale/rent value for this project is ₹2 Cr.
8. DS Max Sky Shubham: Although the current rate for DS Max Sky Shubham is not available, the sale/rent value for this project is ₹1 Cr.
9. Adharsh Crystal: Adharsh Crystal has a current rate of ₹3,252 per sq. ft. The sale/rent value for this project is ₹1 Cr.
In conclusion, Kithiganur offers a range of options for potential buyers, with DS Max Sunworth being the top selling project in terms of value. With its rapidly developing infrastructure and proximity to major locations in Bangalore, Kithiganur is a promising locality for real estate investment.
Summary For Kithiganur
Location Summary Report for Kithiganur:
Kithiganur is a developing locality located in the eastern part of Bengaluru. The area has seen significant growth in recent years due to its proximity to IT hubs such as Whitefield and Marathahalli. Here are some key details about the location:
1. Sales Transactions: According to the available data, there have been 424 sales transactions in Kithiganur. This indicates a healthy demand for properties in the area.
2. Gross Sales Value: The gross sales value of properties in Kithiganur is ₹ 139 Crores. This shows that the real estate market in Kithiganur is thriving and has a high potential for growth.
3. Current Rate/Sq.ft: The current rate per square foot of property in Kithiganur is ₹ 3,648. This is an indication of the overall pricing trends in the area.
4. Price Movement: The price movement in Kithiganur has been positive with an increase of ₹ 96 per square foot. This indicates that the real estate market in Kithiganur is growing steadily.
In conclusion, Kithiganur is a promising location for real estate investment with a healthy demand for properties and positive price movements. However, it is always recommended to conduct thorough due diligence before making any investment decisions.