Cunningham road for investment purpose

Q: How is the locality and what are the future aspects if I invest in this area?

Bhaskaran, Bangalore

5th February 2013

Investment Advice in Bangalore

properties in cunningham road

apartments in cunningham road

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Replies (5)

There are only 3-5 BHK units available in the area at the saleable price of Rs 10,000-12,000 per sq ft. The unit sizes vary from 2,000 – 3400 sq ft. However, there are no new projects coming up in this area because of non-availability of land.Rental value in Cunningham Road ranges from Rs 8,000 to Rs 1.5 lakh per month. There is a demand for multi-storey apartments in this locality as many companies have been demanding to house their employees.

Diwakar Shetty,

6th February 2013

Comment

End-users are top-notch businessmen, industrialists and corporate company owners who drive the residential capital market in this locality, whereas investors are mainly NRIs. The area is a mix of investors and end-users. The ratio of investors and end-users is 50:50

Neha Patel, Bangalore

6th February 2013

Comment

The area is close to MG Road which is the main shopping destination for the people in Bangalore. Also, many MNCs and banks are setting up their base in the locality, which has increased the demand for the values for multi-storey apartments in the locality.

James, Bangalore

6th February 2013

Comment

According to sources, the area has witnessed 10-15 percent rise each quarter but in the last quarter there was a hike by 15-20 percent in rental as well as capital values in October- December 2012 quarter.

Ravindra Singh,

6th February 2013

Comment

Cunningham road is a locality that lies in the heart of the Bangalore city. The locality enjoys high capital and rental values. The rise in property values depends on many factors – connectivity and commercial infrastructure play a major role in pushing the demand and value.

Balwinder Singh,

6th February 2013

Comment