Koramangala real estate

Q: What is the status of the real estate market in Koramangala?

Dushyant, Bangalore

22nd January 2013

Real estate News in Bangalore

real estate market

bangalore realty

koramangala real estate

Follow Discussion

Also see discussions for

Bangalore Real estate News Real estate News in Bangalore

Replies (8)

The average size of an apartment in Bangalore is quite large by national standards at 1,753 square feet, while that of row-houses and villas were 2,831 and 3,545 square feet respectively. Koramangala is a saturated end user market with hardly any primary supply in the area. Majority of independent properties are dependent on secondary supply.

Mangal P, Bangalore

25th April 2013

Comment

According to the Q1 2013 residential real estate market report, there is generally an oversupply of stock in the market. The report tracks around 470 projects in the categories of apartments, plots, villas, row-houses and villaments. It also shows a supply of approximately 1.3 lakh units across the city and its suburbs with 42 percent of unsold inventory as of Q4, 2012.

Hanif Laskar, Bangalore

24th April 2013

Comment

Koramangala luxury homes that comprises row houses and villas have witnessed 25 percent to 30 percent year on year appreciation and it is unlikely that the prices would come down.

Abhishek,

24th April 2013

Comment

Bangalore has grown in residential spaces in peripheral locations such as Hebbal and Yelahanka in North, Whitefield in East and Electronic City in South in last five years. Outer Ring Road and Sarjapur Road have witnessed heightened real estate activity due to high interest shown by builders.

Vinu S,

27th January 2013

Comment

Koramangala’s residential real estate demand is primarily driven by end-user segments, which reduces the volatility of the local market. Koramangala is already an established micro-market. The real estate market in Bangalore is really doing good as compared to other metropolitan cities.

Bulbul Verma,

27th January 2013

Comment

There are lot of vacant plots available in Koramangala which can be used for real estate development activities and the property price is also expected to increase in the future. The high property price is not at all stopping home buyers from purchasing residential and commercial spaces in Bangalore.

Sishir,

27th January 2013

Comment

Koramangala has developed as a premium residential market as the area is well connected and is also close to commercial hubs in Central, East and Southern Bangalore.

Dhiraj,

22nd January 2013

Comment

Koramangala, which is a prime location in Bangalore has sprung up as a lucrative realty option in the past few years. So if you are planning to buy or invest in a property, this is the right time to act.

Lekshmi,

22nd January 2013

Comment