Real Estate Overview of Attibele, Bangalore

Situated in southern Bangalore, Attibele is a rising locality that has grabbed attention from both investors and regular users in the real estate market. Let's take a closer look at some important considerations for buying or renting property here:

Property Prices and Trends

• Properties in Attibele average around ₹4,975 per square foot, ranging from ₹2,550 to ₹8,750 per sqft.
• Flats vary between ₹3,350 to ₹5,350 per sqft, and land rates fall between ₹2,400 to ₹4,750 per sqft.
• Builder floors cost between ₹3,950 and ₹9,000 per sqft.

Year-over-Year Growth

• Attibele has seen a 12.18% property value increase over the past year, showing positive growth.
• Land values have appreciated by 12.7% annually and by up to 184% over the last decade.

Types of Properties Available

• Attibele offers various properties: apartments, standalone houses, villas, and land plots. Some notable residential societies here are Global Golden Pearl, Golden Gate Home III, Liberty Acres, and Sowparnika Unnathi.

Rental Options

• Rental seekers can find 1, 2, and 3 BHK flats. For instance, a 2 BHK flat with 1058 sqft can be rented for about ₹17,600 monthly on a semi-furnished basis.

Market Dynamics

• The area recently went through tremendous development. Many new projects and infrastructure upgrades have made it attractive for both long-term investors and people looking to live there.
• Given the current market state, both buying and renting properties seem profitable in Attibele.

PropertyWala's Conclusion

Bangalore’s Attibele indicates a promising real estate scene with rising property prices and a variety of property options. Its expanding infrastructure and strategic position make it a great pick for investors and potential homebuyers. Whether you're thinking about renting or buying, Attibele offers a dynamic and developing community worth considering for your real estate needs.