Planning to buy an apartment in Indiranagar

Q: I am planning to buy an apartment in Indiranagar. Can you please help me out with the price trends and also suggest some other good localities?

Afzal, Bangalore

17th May 2014

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Replies (3)

K R Puram offers both ready-to-move-in as well as under construction property within a range of Rs 30-60 lakh. You can get a 3 bhk property in Mahadevpura ranging from Rs Rs 50-70 lakh while the same would cost anything from 1.2 -3 crore in Indira Nagar. You can easily get a 2BHK within Rs 30-50 lakh range while a 3BHK anywhere between Rs 50 and 80 lakh.

Venugopalan, Bangalore

17th May 2014

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Thank you Ramesh and Venu for providing me all the detailed information about the the areas as well as the price trends.

Afzal, Bangalore

17th May 2014

Hi Afzal, If you do not have a fixed budget and you are ready to compromising on the name tag of your locality. Then you can go for areas like Marathahalli, K R Puram and Mahadevpura.

Venugopalan, Bangalore

17th May 2014

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How these localities are worth buying than Indiranagar?

Afzal, Bangalore

17th May 2014

I agree with Mr Venu....These localities are situated around 7-8 kms from Indiranagar and they offer properties almost at half the cost Indiranagar is offering. These localities are also well connected to IT hub of Whitefield and also have good social infrastructure.

Ramesh Reddy, Bangalore

17th May 2014

In the Jan-Mar quarter of 2014, the locality price appreciated to Rs 8723 per sq. ft. As per the DNA-IMRS survey of Bangalore’s Best Localities, indiranagar is the best and top most region to reside in out of 20 regions. It is a posh region where new commercial areas like 100 feet Road & CMH Road are booming up. It is considered to be one of the costliest regions according to numerous surveys. The region is blooming up day by day and is a high value area. Hence, the real estate prices are rising steeply. Indira Nagar has become one of the high street of Bangalore City, which has lead to the tremendous escalation in the property prices here.

Ramesh Reddy, Bangalore

17th May 2014

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