Price Trend For Begur
Location Sales Trend for Begur
Begur is a popular locality in Bangalore that has witnessed a steady growth in real estate over the years. The location sales trend for Begur is a crucial factor for buyers and investors who are looking to invest in this area. Here is a detailed analysis of the location price trend for Begur.
Average Rate/Sq.Ft
As per the data provided, the average rate per sq. ft in Begur has been consistent over the last few quarters. In Q1'22, the average rate per sq. ft was 3902, and it increased to 4175 in Q2'22. In Q3'22, it dropped slightly to 4149, and in Q4'22, it decreased further to 4073. However, in Q1'23, it increased again to 4103. This indicates that the real estate market in Begur is stable, and the prices are not fluctuating drastically.
No of Transactions
The number of transactions in Begur is also an important factor to consider for buyers and investors. As per the data provided, there has been a significant fluctuation in the number of transactions in Begur over the last few quarters. In Q1'22, the number of transactions was 35, which dropped to 20 in Q2'22. In Q3'22, it further decreased to 17, and in Q4'22, it hit a low of 6. However, in Q1'23, the number of transactions increased to 22.
Conclusion
Based on the data provided, the location price trend for Begur is stable, with a consistent average rate per sq. ft. However, the number of transactions has been fluctuating significantly over the last few quarters. Buyers and investors who are looking to invest in Begur must consider both these factors before making a decision. It is always advisable to conduct thorough research and analysis before investing in any real estate property.
Top Selling Projects for Begur
If you're on the lookout for the top-selling projects in Bangalore, you have come to the right place. The city's real estate market has been booming in recent years, and the Begur locality is no exception. Here are the top-selling projects by value:
1. Saibya Square: This project has witnessed a significant change in its value, with a +₹303 increase in its current rate. The project's sale/rent value is ₹8 Cr, making it a highly lucrative investment opportunity.
2. Zed Enclave Apartment: With a current rate of ₹4,631, this project has a sale/rent value of ₹4 Cr. Its popularity among buyers is evident with a consistently high demand.
3. Supreme Vbs Homes: Although this project has witnessed a slight decrease in value, it still remains a highly sought-after investment opportunity. With a current rate of ₹4,048 and sale/rent value of ₹2 Cr, this project is a great option for investors looking for a good return on investment.
4. Royal Sunrise Apartment: This project has a current rate of ₹4,211 and a sale/rent value of ₹2 Cr. Its popularity among buyers is evident with consistently high demand.
5. Aratt Girija Shankara Tower: Although this project doesn't have a current rate, its sale/rent value is ₹2 Cr, making it a highly lucrative investment opportunity.
6. Aries Apartment: With a current rate of ₹5,217, this project has a sale/rent value of ₹2 Cr, making it a highly sought-after investment opportunity.
7. Aashrayaa Eternia: This project has witnessed a +₹183 increase in its current rate, making it a highly attractive investment opportunity. With a current rate of ₹4,333 and a sale/rent value of ₹2 Cr, this project is a great option for investors looking for a good return on investment.
8. SSK Residency: With a current rate of ₹3,857 and a sale/rent value of ₹2 Cr, this project is a highly sought-after investment opportunity.
9. Princeton Apartment: This project has a current rate of ₹3,164 and a sale/rent value of ₹1 Cr, making it an affordable investment opportunity.
10. Skylark JLB Residency: Although this project doesn't have a current rate, its sale/rent value is ₹1 Cr, making it an affordable investment opportunity.
Investing in real estate is always a wise decision, and with the top-selling projects in Begur, Bangalore, the returns are guaranteed. Hurry up and make your investment before it's too late!
Summary For Begur
Introduction:
This report provides an overview of the real estate market in Begur, including sales transactions, gross sales value, current rate per square foot, and price movement. Begur is a popular residential area in Bangalore, attracting many homebuyers and investors due to its convenient location and affordable property prices.
Sales Transactions:
In the past year, there have been 280 sales transactions in Begur, indicating a healthy real estate market with a high demand for properties. The high number of sales transactions is an encouraging sign for investors and homebuyers who are looking to purchase properties in the area.
Gross Sales Value:
The gross sales value of properties in Begur over the past year is ₹ 110 crore. This figure shows that Begur is a lucrative market for real estate investments, with significant potential for capital appreciation.
Current Rate per Square Foot:
The current rate per square foot in Begur is ₹ 3,931. This is a reasonable rate compared to other areas in Bangalore, making it an attractive option for homebuyers and investors. The affordable property prices in the area make it an excellent location for first-time homebuyers or those who are looking to invest in real estate.
Price Movement:
Begur has experienced a positive price movement over the past year, with prices increasing by ₹ 32 per square foot. This increase is a positive sign for investors and homeowners as it indicates that property values in the area are on the rise.
Conclusion:
Overall, the real estate market in Begur is thriving, with high sales transactions, gross sales value, and a positive price movement. The current rate per square foot is affordable and attractive to homebuyers and investors. The area's convenient location and affordable property prices make it an excellent location for those looking to invest in real estate or purchase their first home.
