In Q4 2023, we are examining 127 localities in Bangalore. Its average price was 10,857.59 / sq ft (116,870 / sq m), and this represents growth by 3.49 percent over the average price in the city during Q3 2023 (10,578.02 / sq ft).
Momentum was maintained with selective strength across the ORR-Hosur Road belts as end-user demand was focused on well-connected, ready-to-move micro markets. The market is divided into 5 price categories: Elite, Premium, Classic, Affordable, and Economic.
The anchors of the value buys were the Armane Nagar and Cunningham Road, Hoskote and Attibele-Anekal Road in the top-end demand of the zone, average Elite 18,044.31, Premium 13,896.42, Classic 10,312.08, Affordable 7,711.44, and Economical 5,741.62 per sq ft. The great amenities in Bangalore and in Bangalore hospitals in particular have always been the determinants of the end user preferences and the investor attention. These moves affect the prices of land in Bangalore both in the center and on the periphery. For comprehensive market insights, explore Cosmo-soil's News Letters.