Property is always said to be a wise investment. However, residential property rates in Bangalore have remained relatively high over the past year. If you’re considering buying or selling residential property in Bengaluru, here’s a glance at how property prices have changed in the various parts of the city over the past year. Bangalore, situated in southern India at the height of 3,000 feet, is noted for its climate. Because it is India’s information technology (IT) exporter, the city is known as “Silicon Valley. Naturally, a modern city with excellent employment chances is bound to have a high real estate trend, and property rates in Bangalore have been booming for the past years.
We see a modest price increase in the housing market. This is mainly because of the rise in critical raw materials like cement and steel prices. Apart from a growing input cost, a strong revival in property demand after the second wave of the pandemic has put pressure on prices.” Real estate prices have been stable over the past few years. The pandemic and the lockdown have vended a heavy blow to the sector, with sales dropping during the pandemic year. However, increasing demand had seen the real estate sector reverse with a vengeance, with all cities registering brisk sales. Prices have not seen much elevation, but the almost doubling of steel and cement costs has lowered the profit of the realtors. However, this year, the builders have passed on portions of the cost to the consumer. Most of them have talked about a further rise in the coming days.
As per the 2020 Ease of Living Index, Bangalore is the most liveable city, with more than a million people. The city is home to several aerospace and defense companies. The Kannada film enterprise is based in the town. All of this leads to the current property prices in Bangalore, which are moderately reasonable compared to the other cities. Electronic City, Whitefield, Sarjapur, and Kanakapura Road are famous neighborhoods in Bangalore where you can purchase a home. Bangalore has a lot of affordable flats and a lot of new projects. Localities such as Whitefield, Frazer Town, Ulsoor, and Benson are some of the fastest-growing regions in Central Bangalore. Public buses and facilities such as healthcare systems and educational establishments are also coming up in the area. Hence, buyers can look towards these areas to grab real estate at a cheaper rate.
The Project is ideally located in East Bangalore, a popular realty hub in the city. In recent years, this area has evolved from a laid-back region to a quickly expanding, active, prime community. Whitefield has increased from a small place on the periphery to a popular area in Bangalore today. This significant shift in the region began with the development of the International Park. Prestige Park Grove is a place where joy is a way of life. The premium apartment complex is conveniently located near the city's main attractions. There are properties with 1, 2, and 3 BHK available. A place where fun permeates daily reality is Prestige Park Grove. The vast apartment is ideally situated close to the city's main attractions. One, two, and three-bedroom apartments are offered. Prestige Park Grove will feature one, two, and three-bedroom residential homes. It will be a peaceful oasis within the premises. This new magnificent Project will beautifully display the Prestige Group's focus on excellence in its facilities. The surroundings of these units will be elegantly created, incorporating many configuration aspects and aesthetic features.
Prestige Green Gables is a magnificent 5 acres property with 1,2,3 and 3+ Maid's abodes that are spacious and premium with much open space and beautiful gardens. There are 406 apartments present in the property, with various rejuvenating and thrilling next-gen amenities. The Project is located at Munireddy Layout, Panathur, East Bangalore, built by Prestige Group. The prestige apartment complex will be available for sale from June 2025. The premise is outlined to be built over a colossal land with the best amenities and facilities. Prestige Green Gables will offer premium apartments of various sizes and buildings towered over high-rise buildings hedged around by spaces, water characteristics, greeneries, and courtyards. The Project is in the stage of acquiring all needed approvals and clearances from the concerned authorities. This township will feature 1, 2, and 3 Bedrooms built using spatial geometry, alignment methods, and Vaastu to create well-ventilated abodes filled with light and fresh air through wide balconies and window spaces. The apartment follows proper Vaastu techniques, presenting an integrated architecture that provides the best apartment accomplishment to the users.
Prestige City is an ongoing property located on Sarjapur Road, East Bangalore. The size of this township is 180 acres. Several housing options are present in the property, with plots, villas, and flats. There are 7000 apartments, 149 villas, and 808 plots. We get 1,2,3,4 BHK apartments and villas with 3 and 4 BHK units in the segment. The plots are available in 30*40 and 40*60sqft. Prestige City is a gated community township with 12 million square feet of Project on Sarjapur Road, Bangalore. This township features 7000 flats of 1, 2, and 3 BHK, 140 big Villas, and 808 plots. Prestige Group always builds property using advanced technology and intelligent use of space. Prestige City is a marvel created by Prestige Group, built on Sarjapur road. Spread over 180 acres of Sarjapur, having excellent connectivity. It has villas on 20.3 acres and beautifully built apartments on 50 Acres. The Launch Date is August 15th, 2021.
Prestige Waterford is a beautifully styled property aiming to design a next-generation home for a person who aspires to live a modern life. Located East of Bangalore Whitefield, it comprises 689 three and 4-BHK apartments in 7 towers over 16 acres. The price of 3 BHK starts from INR 1.42 Crores. This Prestige Group project offers many benefits, such as a prime location, a pleasant lifestyle, excellent facilities, a secure environment, and great potential. Prestige Waterford is a pre-launch property built on ECC Road in Whitefield, East Bangalore. The development embraces a modern and thoughtful structure of premium landscapes and greenery.
Waterford is a luxurious new launch RERA-approved project with 3 and 4 BHK apartments in Bangalore. Prestige Waterford, a new residential apartment arranged on seven towers, has 1,2,3 and 4 BHK abodes. The 1 and 2 BHK of these properties are already sold out. It is available only in 3 and 4 BHK dimensions. The price of 3 BHK homes starts from INR 1.42 crores. The Project has a robust structure with modern architecture. Classic themes have encouraged the architecture. This Prestige Waterford is a modern property development on ECC Road, Pattandur Agrahara, Bangalore. This is a beautiful property developed by Prestige Group. The size of Prestige Waterford is 16 acres. It has 85 % of open and green space. There are about 689 abodes here. The possession starts in December 2023 and was launched in September 2020.
Prestige Primrose Hills is a new launch luxurious residential property in Banashankari 6th stage, off Kanakapura Road, Bangalore. Primrose Hills is spread across 15 acres, with 80% open space. Primrose Hills offers 1 and 2 BHK condos ranging from 572 to 988 sq. ft. It consists of 15 towers, a basement, 14 upper floors, and 1680 units and is anticipated to be completed by May 2024. The homes are meticulously created to maximize light and ventilation and beautifully designed to make a living a modern experience. The towers have also been placed intelligently to provide every abode with majestic views of the tranquil, wooded central court.
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