Residential market 2013 in Bangalore

Q: How is the residential market of 2013 in Bangalore?

Samrat,

12th June 2013

Real estate News in Bangalore

properties in bangalore

residential real estate

Follow Discussion

Also see discussions for

Bangalore Real estate News Real estate News in Bangalore

Replies (11)

Ulsoor and Marathalli has seen the highest property price appreciation by 24 and 25 percent quarter on quarter.

Parag Shukla, Bangalore

14th June 2013

Comment

Which are the areas which has seen the most appreciation in property price?

Rameswari, Bangalore

14th June 2013

Comment

Hosur Road and Electronic City are other areas which have gained momentum from a lower middle class level with the influx of flow of software professionals into a middle and higher middle class level location. The market for plotted development is growing in the city.

Murali Krishnan, Bangalore

14th June 2013

Comment

Malleshwaram has seen an appreciation on property price from Rs 6,000 to Rs 11,000 per square feet in a span of just three years due to surge in demand and lack of land for development. Bannerghatta Road which is strategically located between JP Nagar and BTM area has seen prices moving at Rs 7,500 to Rs 9,000 per square feet due to improved social infrastructure.

Arunabha Gupta, Bangalore

14th June 2013

Comment

What is the price per square feet in Malleshwaram, Bannerghatta road, Hosur road and Electronic City?

Mangal P, Bangalore

13th June 2013

Comment

There is always a buyers market for well designed units and optimum utilisation of space even if the unit size ranges from 1,000 to 1200 square feet.

Devraj Shah, Bangalore

13th June 2013

Comment

In past one year the residential property prices have seen 20 percent appreciation alone with input and labour cost hike. Bangalore which has predominantly has seen development price at Rs 3,500 - Rs 3,800 per sqft on an average is now the seeing the price band at Rs 4,500 per sqft. There was a consistent movement of residential units priced below Rs 80 lakhs

Priyaranjan Bhatt, Bangalore

13th June 2013

Comment

Sales reported are on an average of around 5,000 to 6,000 unit every quarter, an increase in supply level ta 8,000 to 10,000 units every quarter has raised the over all inventory level in the market

Eklavya Jain, Bangalore

13th June 2013

Comment

How was the sales of residential units in Bangalore?

Rituraj,

12th June 2013

Comment

According to sources, the residential sales have increased when compared to last year, but the absorption rate has gone down

Darshan Shetty, Bangalore

12th June 2013

Comment

Residential market in Bangalore has been maintaining its consistent growth across micro markets. North Bangalore, Whitefield, Bannerghatta Road and Sarjapur Road has seen the majority of the housing demand.

Navneet Gupta, Bangalore

12th June 2013

Comment