Property price in Bangalore

Q: Is there any chance of property price appreciation in Bangalore next year?Please comment

Omar Khureshi, Bangalore

26th December 2013

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Replies (8)

Is there any chances of property price in Bangalore going up?

Harshit, Bangalore

7th August 2015

Comment

According to CREDAI, The property prices are likely to go up by September this year, because the construction cost has gone up.

Sreya Khan, Bangalore

7th August 2015

Yes property prices are expected to go up by 10-15 per cent by September. So if you are planning to buy a property, then this is the right time.

Hemraj Jha, Bangalore

7th August 2015

Which are the areas in Bangalore witnessed hike in property price?

Omar Khureshi, Bangalore

27th December 2013

Comment

As per the market data of Q3 2013, except Magadi Road, Koramangala and CV Raman Road, all other micro-markets in the city witnessed a sudden surge in capital values, which contributed to the overall growth of the city. Hormavu, Sahakara Nagar, Kanakapura Road, Varthur and Marathahalli are some of the localities in the city that has been subjected to a price hike of 9-10% in the Jul-Sep 2013 quarter.

Parag Shukla, Bangalore

27th December 2013

Brookefields, Rajarajeshwari Nagar and KR Puram too have encountered a steep rise of 6% in capital values in the quarter. All such areas are located near the ORR or are clustered near Whitefield. Market research concludes that growth in the city is mainly inclined near the IT hubs since the demand for residential units comes from the IT professionals.

Hemraj Jha, Bangalore

27th December 2013

According to market reports, areas that are likely witness huge growth in the next year include East, North and South Bangalore, preferably due to their accessibility to office locations. Excellent social and physical infrastructure and Metro connectivity will stand out as the economic magnets of the city that will fire up the prices in 2014 and take the real estate market of Bangalore to a whole new level.

Hemraj Jha, Bangalore

27th December 2013

Comment

Will Bangalore real estate in 2014 rise and shine???

Omar Khureshi, Bangalore

27th December 2013

Comment

The demand for commercial real estate sector in the city in 2014 will be strengthened by the FDI in multi-brand retail. Furthermore, the recent policy initiatives to expedite the business environment is expected to improve the realty sector in 2014 and jack up the prices.

Priyaranjan Bhatt, Bangalore

27th December 2013

A sudden dip in interest rates is likely to boost the buyer’s sentiments and this may bring in good news for developers, with increased sales and property transactions. The IT segment that constitutes to a huge chunk of the buyer’s market in the city, has become more stable. This, together with shooting up of the US dollar value has chipped in huge confidence among the investors and has cast a positive impact on the property market.

Parag Shukla, Bangalore

27th December 2013

Comment

Bangalore Namma Metro has also stood out as another crucial factor that has chipped in to a great extent in the rise in property prices. Properties within the 2Km radius of the metro has witnessed a price appreciation beyond imagination and is likely to increase in future.

Karthik Deshmukh, Bangalore

27th December 2013

What will trigger the property price appreciation in Bangalore?

Omar Khureshi, Bangalore

27th December 2013

Comment

Labelled as a long-term investment market, the real estate sector of Bangalore boasts of healthy rental demand. In addition to it, consistent interest from investors of other metro cities is likely to trigger an appreciation of prices in mid 2014.

Parag Shukla, Bangalore

27th December 2013

According to property consultants, in 2014 more than 65% of the property investors will focus on apartments while 15% will be looking for residential plots for their home in Bangalore.

Hemraj Jha, Bangalore

27th December 2013

Over the years, Bangalore has turned out to be the favorite destination for both international and domestic companies, setting up offices in locations such as Electronic City, ITPL, EGL etc. This has played a key role in luring a well-paid work force, which in turn has escalated the property prices significantly.

Manu Kumar, Bangalore

27th December 2013

With the advent of 2014, it is very crucial for the developers to gauge the mood of the property buyers and their preference. A firm government policy to promote affordable housing will lock on inclusive development. An optimistic IT segment and a good second half in 2013 are the two key aspects that is likely to herald in lucrative prospects for builders in 2014.

Hemraj Jha, Bangalore

27th December 2013

Comment

More than 8 out of 10 localities in Bangalore registered a sudden hike in property values during 3Q 2013-fact corroborated by the key property consultants. In addition to it, according to the NASSCOM (National Association of Software and Services Companies), the IT/ITes sector is likely to stretch out by 12-14% in the present fiscal year(2013-14) and is expected to rise above the cliff in the next 2-3 years. This would escalate the property values in the city in a blink.

Karthik Deshmukh, Bangalore

27th December 2013

With the introduction of Land Acquisition Bill and Real Estate regulatory Bill, the year 2013 has emerged as an eventful tenure for the Bangalore Realty Sector. Riding on the back of such developments, the year 2014 has fuelled high optimism and anticipations among the developers and investors

Priyaranjan Bhatt, Bangalore

26th December 2013

Comment