Overview of Devinagar, Bangalore

Devinagar, found in Bangalore, is both a favored and quickly expanding area, providing various appealing features for both property buyers and renters.

Location and Connectivity

• This locality is known for its well-linked roads and close access to key amenities including metro stations, airports, highways, schools, and hospitals.

Real Estate Trends

Property Prices

• Property costs in Devinagar range about ₹4,980 per sqft at the start, and average ₹9,940 per sqft. The costiest properties go up to ₹18,267 per sqft.
• Configurations:
  • 2 BHK flats: ₹64.2 lakhs - ₹1.25 crore
  • 2 BHK: ₹38,400 - ₹40,000 per sqft covering 1245-1295 sqft
  • 2.5 BHK: ₹38,600 - ₹44,500 per sqft for areas from 1250-1440 sqft
  • 3 BHK: ₹53,700 - ₹56,200 per sqft, spanning 1740-1820 sqft

Price Growth

• Property costs in Devinagar have seen a big rise, recording a 10.1% leap in the last year and an 11.9% increase year-over-year.

Types of Properties Available

Residential Choices

• There's an array of residential properties, such as apartments, independent houses, and villas.
  • Apartments: They range from 1 BHK to 3 BHK with features like corporation water, drainage facilities, 24*7 power backup, lifts, security, and CCTV.
  • Independent Houses: Available in different sizes, these are often semi-furnished and come with modern amenities.

Rental Choices

• Rental options feature 1 BHK, 2 BHK, and 3 BHK apartments and independent houses.
  • Rent amounts vary widely, for instance, ₹4 lakhs to ₹21 lakhs per year based on configuration and amenities.

Amenities and Infrastructure

• Devinagar has a multitude of amenities, such as:
  • Corporation water and drainage
  • 24*7 power backup
  • Lifts
  • Security and CCTV
  • Gyms
  • Swimming pools
  • Club houses.

Market Activity

• The area has seen considerable real estate growth, turning it into an attractive spot for investors and homebuyers.
• Popular projects include work by developers like Krishna Enterprises, Vision Dream Reality, and Sankalp Constructions.

PropertyWala's Final Thoughts

Devinagar in Bangalore makes a strong case for property buyers and renters. With a strategic position, a rising real estate market, and a range of amenities, this area is perfect for families and investors alike. The locality's strong price growth and robust infrastructure ensure it's a good investment. To make the best choices, it's vital to follow the latest price trends and market data. Whether it's a modern apartment or an independent house, Devinagar has much to offer meeting different needs and budgets.