Top Selling Projects for Sahakara Nagar
Bangalore is a city that offers a plethora of real estate options for homebuyers. From budget-friendly to luxurious, there's something for everyone. However, when it comes to investing in property, it's important to choose a project that promises a good return on investment. That's where the top selling projects by value come into the picture.
One such project is L&T Raintree Boulevard in Sahakara Nagar. The project is spread across 65 acres and offers 2, 3, and 4 BHK apartments ranging from 1320 sq.ft. to 2790 sq.ft. The current rate for the project is Rs. 9,671 per sq.ft. and the sale rent value is Rs. 368 crores. The project boasts of world-class amenities like a clubhouse, swimming pool, gymnasium, and more. The project is also located in close proximity to major schools, hospitals, and shopping centers, making it an ideal investment option.
Another project that promises a good return on investment is Hoysala Ace. Located in Sahakara Nagar, the project offers 2 and 3 BHK apartments ranging from 1100 sq.ft. to 1590 sq.ft. The current rate for the project is Rs. 6,766 per sq.ft. and the sale rent value is Rs. 11 crores. The project boasts of amenities like a swimming pool, gymnasium, and children's play area. The project is also located in close proximity to major schools, hospitals, and shopping centers.
Investing in these top selling projects by value promises not just a good return on investment but also a luxurious lifestyle. With world-class amenities and a prime location, these projects are sure to attract homebuyers and investors alike. So, if you're looking to invest in property in Bangalore, make sure to check out these projects.
Price Trend For Sahakara Nagar
Sahakara Nagar is a popular residential area in Bangalore, and in recent times, it has witnessed a steady increase in the average rate per square foot for real estate. According to the Location Sales Trend data, the average rate per square foot in Sahakara Nagar has been on an upward trend in the last few quarters.
In Q1'22, the average rate per square foot was 8623, which increased to 8449 in Q2'22. The trend continued in Q3'22, with an average rate of 9191, and then slightly declined to 8843 in Q4'22. However, in Q1'23, there was a significant rise in the average rate per square foot to 9622. This trend indicates a steady rise in the demand for real estate in Sahakara Nagar, which is driving up the prices.
In addition to the rise in the average rate per square foot, the number of transactions in Sahakara Nagar has also increased in recent times. The Location Sales Trend data shows that the number of transactions in Q1'22 was 161, which decreased to 58 in Q2'22. However, in Q3'22, there was a significant increase in the number of transactions to 139, which further rose to 148 in Q4'22. In Q1'23, the number of transactions reached 250, indicating a surge in the demand for real estate in Sahakara Nagar.
Overall, the Location Sales Trend data indicates a positive trend for real estate in Sahakara Nagar, with an increase in the average rate per square foot and the number of transactions. This trend suggests that Sahakara Nagar is a popular and attractive location for real estate investment, and it is likely to continue to witness a rise in property prices in the coming quarters.
Summary For Sahakara Nagar
Location Summary: Sahakara Nagar
Sahakara Nagar is a residential area located in the northern part of Bangalore, Karnataka. It is known for its well-planned layout and proximity to various IT parks and business centers.
Sales Transactions:
According to the research report, there have been 719 sales transactions in Sahakara Nagar. This indicates that the area is in high demand among homebuyers and investors.
Gross Sales Value:
The gross sales value of Sahakara Nagar is ₹ 457 Cr. This indicates that the real estate market in the area is thriving and has a significant economic impact.
Current Rate/Sq.ft:
The current rate per square foot in Sahakara Nagar is ₹ 9,539. This is comparatively higher than other residential areas in Bangalore, indicating that the area is upscale and has a high standard of living.
Price Movement:
The price movement in Sahakara Nagar has been positive, with a growth of ₹ 916 per square foot. This indicates that the real estate market in the area is thriving and has a positive outlook for the future.
Overall, the research report suggests that Sahakara Nagar is a highly desirable location for real estate investment, with a thriving market and positive price movement.