Overview of Benson Town, Bangalore

Benson Town in Bangalore is a sought-after place for both buyers and renters. Real estate in this area gets a comprehensive overview here.

Property Prices

• Average Price per Sqft:

  • The typical property price in Benson Town ranges from Rs. 7,981 to Rs. 12,546 per sqft. This depends on type and property source.

• Price Range:

  • Prices for property here range widely, from Rs. 4,761 to Rs. 15,337 per sqft. This covers both budget and luxury homes.

Property Types

• Apartments:

  • Various apartment sizes are available, such as 1, 2, 3, 4, and 5 BHK flats. These units can be found in famous buildings like Benson Manor, Benson Pearl, M3 Benson, and Prestige Benson Court.

• Independent Houses:

  • There are independent houses and builder floors for all preferences and needs.

• Land:

  • There are land plots of various sizes available for those who want to build their own homes.

Rental Market

• Rent Prices:

  • Rental prices in Benson Town vary. Average rents lie between Rs. 36 to Rs. 71 per sqft. Examples include:
    • Benson Manor: Rs. 1.8 Lac (approx. Rs. 49 per sqft)
    • Benson Pearl: Rs. 2.25 Lac (approx. Rs. 61 per sqft)
    • M3 Benson: ₹70,000 (approx. Rs. 45 per sqft)
    • Prestige Benson Court: Rs. 1 Lac (approx. Rs. 47 per sqft)

• Available Options:

  • Options include furnished, semi-furnished, and ready-to-move-in apartments. Also available, pet-friendly and studio units.

Market Trends

• Year-over-Year Growth:

  • Recent data shows fluctuations. The property prices declined by 13.5% in the past year but appreciated 15% in the last 5 years.

• Quarterly Trends:

  • Apartment prices rose 10% from April-June to July-September 2024.

Amenities and Infrastructure

• Societies and Projects:

  • Famous societies and projects like Zs V1 Gardenz, RMZ Woodsvale, and Spectra Raywoods offer amenities such as security, parking, and recreational facilities.

• Location:

  • The area is located conveniently, providing easy access to various parts of Bangalore, making it good for residents and investors alike.

PropertyWala's Conclusion

Benson Town, Bangalore is a good choice for buyers and renters thanks to a variety of properties, competitive pricing, and positive market trends. While property rates dipped recently, long-term appreciation and a strategic location make Benson Town attractive for real estate investment. Buyers and renters should weigh current market trends and options against their budget and needs.