Summary For Nagarbhavi
Location Summary: Nagarbhavi
Nagarbhavi is a residential area located in the western part of Bangalore, Karnataka. The area is known for its peaceful atmosphere and good connectivity to other parts of the city. Here are some key details about Nagarbhavi's real estate market:
Sales Transactions: In the last year, there have been 132 sales transactions in Nagarbhavi. This indicates that the area is in demand among homebuyers.
Gross Sales Value: The gross sales value of properties sold in Nagarbhavi in the last year is ₹ 72 crore. This shows that the real estate market in the area is thriving.
Current Rate/Sq.ft: The current rate per square foot of property in Nagarbhavi is ₹ 5,287. This is a reasonable rate considering the area's location and connectivity.
Price Movement: The price movement in Nagarbhavi has been positive with an increase of ₹ 187 per square foot. This indicates that the area's real estate market is growing.
Overall, Nagarbhavi is a good location for those looking to buy a property in Bangalore. The area has good connectivity, reasonable prices, and a growing real estate market.
Top Selling Projects for Nagarbhavi
Looking for the top selling projects by value in the bustling city of Bangalore? Look no further than Nagarbhavi, where you'll find a selection of stunning developments that are sure to impress.
Leading the pack is Anugraha, a luxurious project that boasts a sale price of ₹ 38 Cr. With a current rate of ₹ 5,685 and a change value of +₹ 575, this development is a top pick for those seeking a high-end living experience in the heart of the city.
Also making the list is Tirumala Grandevel, a development that offers a current rate of ₹ 6,744 and a sale price of ₹ 2 Cr. This project is perfect for those who want to enjoy the best of both worlds - a peaceful and serene living environment, coupled with easy access to all the amenities that Bangalore has to offer.
Other top selling projects in the area include Sri Sai Shloka, Asta Builtmatrix, and Shiva Woods. Each of these developments has something unique to offer, from state-of-the-art facilities and modern design to stunning natural surroundings and a tranquil living environment.
No matter which project you choose, you can be sure that you'll be investing in a top-quality development that offers the very best in luxury living. So why wait? Start exploring your options today and find the perfect project for your needs and budget.
Price Trend For Nagarbhavi
Location Sales Trend: Nagarbhavi
Nagarbhavi is a popular residential area located in the western part of Bangalore city. The location is known for its excellent connectivity to other parts of the city and its peaceful environment. With the increasing demand for residential properties in the area, the real estate market in Nagarbhavi has been witnessing a steady growth in recent years.
Average Rate/Sq.Ft:
According to the data provided, the average rate per square foot in Nagarbhavi has been consistently increasing from Q1'22 to Q4'22, with a slight dip in Q1'23. The average rate per square foot in Q1'22 was 5054, which increased to 5264 in Q4'22. However, in Q1'23, the rate decreased to 5002. This trend indicates that the real estate market in Nagarbhavi is stable, and property prices are expected to increase gradually over time.
No of Transactions:
The data also shows that the number of transactions in Nagarbhavi has been fluctuating over time. In Q1'22, the number of transactions was 17, which decreased to 9 in Q2'22. However, the number increased to 15 in Q3'22 and 16 in Q4'22. In Q1'23, the number decreased to 14. This trend indicates that the real estate market in Nagarbhavi is active, and there is a consistent demand for residential properties.
In conclusion, the real estate market in Nagarbhavi is witnessing a steady growth, with property prices expected to increase gradually over time. The consistent demand for residential properties in the area makes it an ideal location for investment in the real estate sector.
