Overview of Amruthahalli, Bangalore

Location and Popularity

Amruthahalli lies in the northern region of Bangalore, renowned for its residential charm. It is considered a desirable spot for both investors and tenants.

Property Types and Prices

Apartments

• Apartment rates hover between Rs 5,400 and ₹10,000 per square foot.
• As of the end of 2024, the average price for flats is around Rs 6,850 per square foot.
• Rates have spiked by 16.4% since last year and appreciated a whooping 90.1% over the past decade.

Land

• Rates for land here range from Rs 6,250 to Rs 10,850 per square foot.

Builder Floors

• Prices for builder floors vary between Rs 7,900 and Rs 11,450 per square foot.

Market Trends

• In the past year, property prices dipped by 4.54%, showing a slight market downturn.
• Yet, over the past 10 years, prices have surged by an impressive 90.1%.

Preferred Configurations

• People tend to favor 2 and 3 BHK apartments measuring between 1000 to 1250 square feet.

Amenities and Infrastructure

• The area boasts several key amenities including schools like Vidya Mandir Public School and hospitals such as Eesha Multispeciality Hospital nearby.
• Residential complexes like Trendsquares Ortus Phase 3 provide a variety of facilities on sprawling grounds and various amenities.

Rental Market

• Renters can find semi-furnished 2 and 3 BHK apartments starting from around ₹38,000 plus maintenance costs. Deposits may range from ₹3.8 lakhs.

PropertyWala's Conclusion

Amruthahalli, Bangalore, offers a balanced choice in residential properties with varying budgets, making it ideal for both buyers and tenants. Despite a recent dip in prices, the long-term trend shows significant appreciation. With essential amenities nearby and well-equipped residential projects, this locality is attractive for investments and living. Keep an eye on recent price shifts though.