Overview of Chikkalasandra, Bangalore

Location and Development

Chikkalasandra is a residential area in the southern part of Bangalore. It belongs to the bigger Bangalore South region, which has grown quite a lot lately. This growth has happened because Chikkalasandra is close to big IT centers and other good things.

Property Prices

• The cost of an average flat in Chikkalasandra is around ₹5,450 per square foot.
• A 2 BHK flat costs about ₹58.7 lakhs to ₹71.4 lakhs.
• A 3 BHK flat is the most popular choice, with prices changing based on the property's size and what features it has.

Property Availability

• You can find a range of properties for sale, with 21% priced between ₹1.4 crore to ₹1.6 crore, and 10% from ₹60 lac to ₹80 lac.
• Different apartment sizes, such as 2 BHK, 3 BHK, and 4 BHK are available. Prices go from Rs 29 lakhs to 2 crores.

Rental Market

• Most people buy, but the rental market in Bengaluru, including places like Chikkalasandra, is getting more stable. After rising a lot in the last two years, rents should drop by 5%-10% in 2025 in top areas.

Appreciation and Growth

• Property prices in Chikkalasandra are growing rapidly. In 2022, the average rate was ₹4,925 per square foot, which grew by 7% that year and then 20% in 2023 to reach ₹7,314 per square foot. In 2024, rates went up another 20% to ₹8,748 per square foot.

Amenities and Connectivity

• Chikkalasandra has a lot going for it due to its location. It’s near many big job centers and schools.
• The area offers great connectivity, with many public transportation options. It’s easy for residents.

PropertyWala's Verdict

If you're thinking about buying or renting a place in Chikkalasandra, you’ll find plenty of good choices with good prices and growth chances. Property values have gone up steadily, making this one smart place to invest. Buyers need to watch the rental market, though, since rents might drop around 5%-10% by 2025 if you plan to rent out the property. In short, Chikkalasandra is a good spot for living and investing.