Divine and greatly priced ‘A - Graded’ Bangalore flats planning

Real estate prices in Bangalore are lower as compared to other cities. As the speculation about the bifurcation is making rounds, the price rates of flats are expected to see an escalation. But the true picture is yet to come.

Bangalore city has been in the condition of constant uncertainty in terms of the future of it’s really market. Since the talks about bifurcation of Karnataka have started making the rounds, the city has remained in the grip of implausibility. The speculations are rife that the separation would be such as a windfall for the real estate; it is expected to bring a boom in the number of inquiries in the coming year. Godrej Gold County But right now, investors are reluctant to take a plunge. Unless the situation eases a bit, the scenario shall continue to remain same. But one thing is for sure. The city leads in terms of affordable housing to its purchasers. To have an idea of the prices, we are going to see the rates of four BHK apartments in its different localities.

The starting range, i.e. 30-60 lake brackets for 4 room flats in Bangalore, is applicable in localities such as Peenya/Jalahalli/Sahakar nagar/R.T. Nagar, Off Hosur Road, Yelahanka and Sarjapur. The average per square feet (psf) rate varies in these areas in 2000-4000/- bracket. At Sarjapur and Yelahanka, however, the upper limit of such flats can go up to 2.5 crore and per square feet rate can cross Rs. 6000/ in the next gamut, i.e. from 60 lakes onward and up to 1.5 crore com a plethora of areas. The rate in them fluctuates anywhere between Rs. 4000/- and 17000/ sq ft. A few of such areas are Mathikere/Hebbal/Benson Town/Silk Board/Whitefield/Bannerghatta Road/Thanisandra/Kanakapura Road and Hennur Road. Most of these are high-end colonies with excellent infrastructure, promising employment Good chances and well-developed software sector.

In 1.5-2.5 crore segments, one can find four BHK apartments for real estate Bangalore at Outer Ring Road (ORR) HRBR Layout/Banashankari/ Malleshwaram/Jakkur and Old Airport Road. For beyond 2.5 cr. value, one can find good flats at Bellari Road (5 cr), Koramangala(6.5 cr) Levelle Road (7.5 cr) Daily Circle (3.7 cr) Jayanagar (2.8 cr) The per square feet can cross 2100/ sq ft. at some of them. At Arekere and Cunningham Road too, the apartments are quite pricey. Godrej Gold County  It is yet to be seen which way the real estate of the city walks toward. If the bifurcation brings an upswing in the demand, the prices shall appreciate. It will as well as attracts latest investors to Bangalore's market. But that is only a speculation. The actual picture would be clear after the things settle down a bit.