If it is a house in Bangalore that you
have been looking for, I am sure most of the suggestions to you must
have come in favor of localities like Kanakpura Road, Electronic City,
Whitefield, or Hebbal. Isn't it? Make a search over net and you will see
that it is either the southern/northern or the central regions that are
mostly highlighted. The price rates in the localities covered under
these regions are quiet high. For budget buyers, property in West
Bangalore can be a good option. In fact, the western region offers
residential properties that cater to almost all the income groups. Let's
elaborate a little and know about what is in store for a buyer here.
Before we talk about the specific localities, let's see what is the ongoing price/sq. ft(psf rate) for the entire West Bangalore region. This August, the psf rate is calculated as Rs. 3140/-. In 2012, in the same month, this value was recorded at Rs. 2861/ sq. ft. This appreciation shows that the property in Bangalore West has boosted over last one year.
Next
come the prices for individual localities. The price rates for a 2 BHK
in localities like Jalahalli, Nagarabhavi, Bidadi, Tumkur Road,
Vidyaranga, Sunkadakatte, Govindraj Nagar, and Peenya, the rates vary
within the range of 25-33 lacs. Though the region still has to see a lot
in terms of industrialization, there are several areas that have
progressed at a good pace. Kengeri, for example, is a well-known
satellite town of the Western Bangalore Real Estate market.
It has good connectivity to its nearby localities. Namma Metro Corridor
is proposed to be extended up to here; this will further help people to
commute to and from here. The other highlights of Kengeri include its
closeness to Outer Ring Road and the presence of a Global Village Park.
Malleswaram is another gem for residential properties in Bangalore
in the western region. A popular choice for affluent and upper-middle
segment buyers, the locality has the strategical advantage of being
close to World Trade Center. Another elite area is Rajajinagar. The
property prices here are quiet high, as compared to the other
localities. A 2 BHK flat, with an approximate 1000 sq. ft area, can cost
you as high as 1 crore, though cheaper options are also available. The
proposed Yeshwantpur-Rajajinagar-Malleswaram Corridor is going to
further alleviate the property prices here. At Magadi and Ring Road too,
the prices are high, though they also offer several budget options.
Search and locate residential and commercial properties to buy, sell or rent over premier real estate portal, Makaan.com.
Choose from lacs of properties as advertised by leading builders,
agents, and owners. Search on the basis of criteria like location,
price, age & type of property.
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