Overview of Kammanahalli, Bangalore

Location and Connectivity

• Kammanahalli is found in the eastern side of Bangalore, situated near places such as Kacharakanahalli, Indra Nagar, and Ramaiah Layout.
• This area is well-linked with many commute options. These include the Satellite Bus Stand, RT Nagar Bus Depot, Banaswadi railway station, Channasandra railway station, and the Venkateshapura and Arabic college metro stations.

Property Prices and Trends

• The common price for purchasing properties in Kammanahalli ranges from ₹10,744 to ₹14,550 per square foot, though this can change per source.
• Property costs per square foot can range from ₹999 to ₹17,064; this highlights a mixed market with both budget and top-end choices.
• Over the past year, property prices have risen impressively, growing 4.05% to 18.3% year-over-year (YoY).

Types of Properties Available

• The area includes various property types like:
  • Apartments
  • Builder Floors
  • Single Homes
  • Villas
  • Land in different sizes and plans.

Rental Market

• Many options exist for renters here:
  • 1 BHK flats start renting at ₹25,000 per month.
  • 2 BHK flats rent from ₹50,000 to ₹65,000 per month.
  • 3 BHK flats rent at ₹80,000 to ₹90,000 per month.

Amenities and Facilities

• Properties generally come with top-notch amenities such as:
  • 24/7 water supply
  • Power backup
  • Gym
  • Swimming pool
  • Car parking
  • Proximity to malls, multiplexes, public vehicles, hospitals, and international schools.

Investment Insights

• Kammanahalli stands out as an excellent spot for investment. Prestige North Point is a project that offers strong rental returns and big gains (up to 40.9% YoY).
• This area has experienced notable price appreciation over the past 10 years at a rate of 138.5%.

PropertyWala's Conclusion

In conclusion, Kammanahalli, Bangalore, features a vibrant and promising real estate market for both purchasers and tenants. Located strategically and featuring great connectivity plus a variety of property options, it’s an appealing option for those looking to invest or live in this region. With its noteworthy price appreciation and stable rental market, it’s a smart choice for long-term investment. Nevertheless, people thinking about buying should carefully consider the market trends and current prices for better choices.