Some of the projects being developed in this area by major realtors are – Sobha Chrysanthemum by Sobha Developers, Nitesh Estates’s new project Columbus Square, Central Park and Equinox Waters Edge by Equinox Realty and Provident Harmony by Provident Housing Ltd.
The presence of various multi-nationals in this area had greatly contributed to the development of housing. By the end of 2013, property prices are expected to increase by 15-20 percent. About six months ago, property price per square feet was Rs 4,450 which has now soared to Rs 5,300 per sq. ft.
Monarch Serenity comprises of a commercial and a residential complex, the parking and entrances of which are entirely separate. The residential block houses state-of-the-art apartments with 2 Bedroom Apartments ranging from 1235 – 1320 sq.ft.; 2 Bedroom+Study Apartments ranging from 1332 – 1401 sq.ft.; 3 Bedroom Apartments ranging from 1522 – 1840 sq.ft.; 4 Bedroom ranging from 2073 – 2100 & Sky Villas ranging from 3705 – 6300 Sq. ft.
Thanisandra, a locality in north Bangalore, has witnessed a 15 percent hike in the property values during the October-December quarter 2012. The highest and the lowest price for the properties stood at Rs 4,228 per sq ft and Rs 3,992 per sq ft, respectively in this area.