Real Estate Snapshot of Balagere, Bangalore

Property Prices

In Balagere, Bangalore, property costs have risen sharply in recent years. Typically, the cost per square foot for flats goes from ₹12,244 to ₹12,902, with square foot prices ranging from ₹7,199 to ₹16,620.

Price Growth

Over time, the area has seen big jumps in property value, noting a 53% price surge in the last year. It increased even more, at 69.1% in the last three years, then jumped to 91.8% over five years and reached a stellar 225.3% over the last decade.

Rental Options

Rent seekers will find diverse choices in Balagere. For those considering rental properties, pricing can vary. A 1 BHK house might cost around ₹15,000 to ₹21,000 per month. Likewise, a 2 BHK flat in projects such as Sobha Dream Acres is listed between ₹38,000 and ₹40,000 per month. For a 3 BHK flat, renters might pay around ₹42,000 to ₹50,000 monthly.

Amenities and Infrastructure

Known for its excellent infrastructure, Balagere provides a variety of amenities. Most properties here are equipped with attached bathrooms and balconies and often include covered parking. Many of the apartments are semi-furnished, offering essential amenities. These factors make them appealing for both singles and families alike.

Location and Accessibility

Situated in East Bangalore, Balagere is a fast-growing region with robust connectivity to other parts of the city. Its proximity to areas like Varthur Road and Sarjapur Road enhances its appeal to both investors and potential homeowners.

PropertyWala's Perspective

Balagere in Bangalore makes a compelling prospect for real estate investment. With notable rises in property value, impressive local infrastructure, and strategic location, it stands out for both buyers and renters. Given its robust growth trend, property investment in this area could potentially deliver abundant returns. Whether you are intending to purchase a home or rent an apartment, Balagere offers versatile choices that match various budgets and tastes, making it a promising real estate hub.