Thursday, 9 February 2012

February 2012 - Real estate prices in South Bangalore

Residential roads only

Jayanagar & Basavanagudi - 10,000 - 15,000 per sft

J P Nagar (Within the ring road) - 8000 - 12,000

Vijaya bank & RBI Layout - 6000 - 7000

Private layouts around Kothanur - 3000 - 5000

Bank Officers & adjoining converted sites - 2500 - 3500


Notes :

With Sites in Old Bangalore dream areas like Jayanagar & JP Nagar being unafforadble to a vast majority, huge demand has pushed up rates in reputed litigation free layouts like RBI & Vijaya Bank layout all the way upto about 7000 per square foot. Infact stones throw away from these 2 layouts in lesser known private layouts sites are still available for half the price.

Another reason for disparity is lack of Loan Documents ( A - Khata ) in a majority of smaller private residential layouts.




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