How are the Property Prices in Bangalore calculated?
A House is probably the biggest spend for most of the Indians. And with urban population increasing manifold, buying a house in a large city, which is where most jobs are likely to be, has become difficult. The main obstacle is cost, determining a property’s value is difficult as it keeps changing as per demand. So here we have is a Compilation of property prices of prominent localities in major surrounding areas across Bangalore as given below may help you compare and make an informed decision.
|Location||No. of||Average unit||Average price||Approximate|
|bedrooms||size (sq. ft)||Rs per Sqft||price (Rs Iakh)|
|Under 50 Iakh|
|Electronic City Phase-1||2||1,000||3,900||39|
|Electronic City Phase-2||2||1,000||3,700||37|
|50 Lakhs – 75 Lakhs|
|75 Lakhs – 1 Cr|
|Above 1 crore|
Courtesy & Source – Cushman and Wakefield Research India