Overview of Dodda Nekkundi Extension, Bangalore

Location and Amenities

• The Dodda Nekkundi Extension, situated in the eastern part of Bangalore, offers strong connectivity to major IT hubs and city areas.
• It's near schools like VIBGYOR Rise CBSE School, hospitals such as Rainbow Children's Hospital & BirthRight, and shopping centers, appealing to families and professionals.

Property Types and Configurations

• This area has various property types—apartments, villas, and land plots.
• Apartments come in different sizes: 2 BHK, 3 BHK, and bigger units, plus standalone houses and villas.

Price Trends

• Properties in this area have a wide price range:
  • Apartment prices vary from ₹5,500 to ₹12,300 per square foot, with an average around ₹7,596 per square foot.
  • Land rates are roughly ₹14,800 per square foot.
• Prices have risen notably over the years:
  • Flats have increased by 7.1% last year and by 19.3% over 3 years.
  • Land prices have gained by 73.3% in the past decade.

Quarterly Price Movements

• Recent monthly trends show:
  • A 4% rise in apartment prices in the third quarter of 2024 compared to the past quarter.
  • However, some quarters show a drop, such as a -6% decrease from October-December 2023.

Rental Options

• There are many fully and semi-furnished apartments available for rent.
• Average prices vary; say, a typical 2 BHK fully furnished apartment costs around ₹38,000 a month.

Infrastructure and Development

• The area is accessible to major IT hubs and other parts of Bangalore via public transport and road links.
• Ongoing projects and infrastructure tweaks enhance its appeal for residents and investors alike.

PropertyWala’s Conclusion

Dodda Nekkundi Extension in Bangalore stands out as a prime real estate spot for both buyers and renters due to its strategic location, diverse property types, and past price growth. Those buying should keep an eye on price fluctuations. Due to its good connectivity, amenities, and ongoing development, it is a top choice for residents and investments.