Summary For Lal Bahadur Shastri Nagar
Location Summary:
The Lal Bahadur Shastri Nagar area has seen a total of 271 sales transactions, with a gross sales value of ₹ 128 crore. It is currently priced at ₹ 4,548 per square foot, with a price movement of +₹ 645.
Overall, the market in Lal Bahadur Shastri Nagar seems to be stable and growing, with moderate sales activity and a respectable gross sales value. The current rate of ₹ 4,548 per square foot is relatively high, indicating that the area is in demand and attracting buyers.
The price movement of +₹ 645 suggests that the area is experiencing growth and appreciation, which is a positive sign for investors and property owners. This increase in price is likely due to a combination of factors, including rising demand, limited supply, and favorable economic conditions.
Overall, Lal Bahadur Shastri Nagar appears to be a promising location for real estate investment, with a strong market and positive price trends. However, as with any investment, it is important to conduct thorough research and due diligence before making any decisions.
Top Selling Projects for Lal Bahadur Shastri Nagar
Bangalore's Lal Bahadur Shastri Nagar is home to some of the top selling projects by value in the city. These projects offer luxurious living spaces and top-notch amenities, attracting buyers and investors alike. Let's take a closer look at some of the top projects in the area.
Anand Alpine is a project with a sale value of ₹ 53 Cr. It offers premium living spaces with state-of-the-art facilities and amenities. The current rate for this project is ₹ 5,008 per square foot.
JJ Enclave is another top-selling project in Lal Bahadur Shastri Nagar with a sale value of ₹ 12 Cr. This project boasts of spacious apartments and modern amenities, attracting buyers who value luxury living. The current rate for this project is ₹ 4,155 per square foot.
Narya Breath Fresh is a project that offers a serene living environment with lush greenery and open spaces. It has a sale value of ₹ 12 Cr and a current rate of ₹ 4,490 per square foot.
Sai Platinum Gardenia is a project that has seen a recent increase in its current rate, with a value of ₹ 5 Cr. The current rate is ₹ 4,398 per square foot, with a change value of +₹ 331. This project offers luxurious living spaces with world-class amenities.
Sri Vani Orchids is a project that offers spacious and well-planned apartments with modern facilities. This project has a sale value of ₹ 5 Cr, with a current rate of ₹ 4,950 per square foot. It has seen a recent change value of +₹ 1,945.
Sumeru Gokulam is a project that offers a peaceful and serene living environment with well-appointed apartments and amenities. It has a sale value of ₹ 4 Cr, with a current rate of ₹ 3,964 per square foot.
IMG Windfall is a project that has seen a recent increase in its current rate, with a value of ₹ 1 Cr. The current rate is ₹ 4,072 per square foot, with a change value of +₹ 139. This project offers well-designed apartments with modern amenities.
In conclusion, Lal Bahadur Shastri Nagar in Bangalore is home to some of the top selling projects by value in the city. These projects offer luxurious living spaces and top-notch amenities, making them a popular choice for buyers and investors.
Price Trend For Lal Bahadur Shastri Nagar
Location Sales Trend: Lal Bahadur Shastri Nagar
Lal Bahadur Shastri Nagar is a popular residential area in the city, and it has seen a steady increase in property prices over the past few years. The location sales trend for the area shows that the average rate per square foot has been on the rise, while the number of transactions has fluctuated.
From Q1'22 to Q1'23, the average rate per square foot in Lal Bahadur Shastri Nagar has increased from 3821 to 4602. This indicates a positive trend in the real estate market, with demand for property in the area increasing steadily. This trend is likely to continue in the coming years, making it a good investment opportunity for buyers and investors.
In terms of the number of transactions, the data shows that the trend has been fluctuating. In Q2'22, the number of transactions skyrocketed to 4175, which was a significant increase from the previous quarter. However, in Q4'22, the number dropped to 4489, and then slightly increased to 4602 in Q1'23. Overall, the number of transactions in Lal Bahadur Shastri Nagar is relatively stable, with no significant increase or decrease in the trend.
In conclusion, the location sales trend for Lal Bahadur Shastri Nagar is positive, with property prices steadily increasing. The area is a good investment opportunity for buyers and investors, and the stable number of transactions indicates a healthy real estate market in the area.
