Price Trend For Padmanabhanagar
Location Sales Trend: Padmanabhanagar
Padmanabhanagar is a well-established residential area in Bangalore, known for its serene surroundings and excellent connectivity. Over the years, the locality has witnessed a steady growth in real estate prices, making it a sought-after destination for homebuyers and investors alike.
According to the data provided, the average rate per square foot in Padmanabhanagar has been on an upward trend, with a slight dip in Q2'22. The prices have reached their peak in Q3'22, indicating a high demand for properties in the area. It is important to note that the prices are likely to fluctuate based on market conditions and other factors such as infrastructure development, supply and demand, and economic trends.
In terms of the number of transactions, Padmanabhanagar has seen a consistent increase in the past few quarters, with a significant jump in Q2'22. This could be attributed to various factors such as increased demand from buyers, attractive pricing, and improved amenities in the area.
Overall, Padmanabhanagar is a promising location for real estate investments, with a positive sales trend and strong potential for growth. However, it is recommended to conduct thorough research and analysis before making any investment decisions, taking into consideration various factors such as location, amenities, builder reputation, and pricing trends.
Summary For Padmanabhanagar
Location Summary: Padmanabhanagar
Padmanabhanagar is a popular residential area located in the southern part of Bangalore. It is well-connected to other parts of the city through several major roads such as Outer Ring Road, Kanakapura Road, and Mysore Road. The area is known for its peaceful atmosphere and greenery, making it a preferred choice for families and retirees.
Sales Transactions:
In the last year, Padmanabhanagar has witnessed 130 sales transactions of residential properties. This indicates a healthy demand for properties in the area.
Gross Sales Value:
The total gross sales value of properties in Padmanabhanagar is estimated to be around ₹ 43 Crores. This suggests that the area is a significant market for real estate investments.
Current Rate/Sq.ft:
The current rate per square foot in Padmanabhanagar is ₹ 4,004. This is an average price for a residential property in the area and may vary depending on the location and amenities of the property.
Price Movement:
Padmanabhanagar has experienced a price movement of +₹ 368 per square foot in the last year. This indicates that the area is witnessing appreciation in property prices and may be a good investment opportunity for buyers.
Overall, Padmanabhanagar is a promising location for real estate investments, with a healthy demand for properties and an appreciating market.
Top Selling Projects for Padmanabhanagar
If you're looking for the top selling projects in Bangalore, look no further than Adarsh Premia in Padmanabhanagar. This high-end residential complex is the perfect choice for those looking for luxury living in one of Bangalore's most sought-after neighborhoods.
With a current rate of ₹10,428 per square foot, Adarsh Premia offers residents high-end amenities and top-quality finishes. The project is valued at a staggering ₹54 Crore, making it one of the most expensive and sought-after projects in the city.
Located in the heart of Padmanabhanagar, Adarsh Premia is conveniently located near some of Bangalore's best restaurants, shopping centers, and entertainment venues. Whether you're looking for a place to relax after a long day at work or want to explore all that Bangalore has to offer, Adarsh Premia is the perfect choice.
So if you're ready to experience luxury living at its finest, come explore Adarsh Premia today. With its prime location, top-quality construction, and unbeatable amenities, this is one project that you won't want to miss!
