Overview of Lavelle Road Area, Bangalore

Local Position and Mobility

Lavelle Road is in Bangalore's very center, near popular places like Ashok Nagar, MG Road, and UB City. This central spot gives people excellent access to all areas of the city, making it a great choice for both buyers and renters.

Property Varieties and Rates

For Sale

• Apartments: Prices go from ₹1.25 Cr to ₹4.96 Cr, with square foot prices between ₹8,200 and ₹16,000.
• Builder Floors: Available from ₹3.8 Cr to ₹32 Cr.
• Independent Houses: These cost around ₹3.8 Cr.
• Office Spaces: Prices might reach up to ₹30 Cr.

For Rent

• Apartments: Rents vary from ₹75,000 to ₹3.75 Lac per month, depending on the number of bedrooms (2 BHK: ₹75,000 - ₹2 Lac, 3 BHK: ₹85,000 - ₹3 Lac, etc.).
• Office Spaces: Monthly rents range from ₹11,090 to ₹16 Lac.
• Villas and Independent Houses: For rent in the range of ₹5 Lac to ₹5.5 Lac each month.

Facilities and Lifestyle

• Upscale Living: The area has high-end properties with modern amenities, offering a contemporary and luxurious lifestyle.
• Main Spot: Being close to UB City, MG Road, and other central Bangalore spots means easy shopping, dining, and entertainment access.
• Safeness and Cleanliness: Known for a secure environment, making it ideal for families and professionals.

Real Estate Market

• Increase in Property Value: Prices in Lavelle Road have greatly risen, with an increase of 59.1% each year as of 2024.
• High Need: Interest is high because of its central location and luxurious living options, suggesting a stable and expanding market.

Important Things to Think About

• Property Values: The average price per square foot is around ₹33,095, ranging from ₹25,000 to ₹40,000 per square foot.
• Variety of Options: From 2 BHK to 6+ BHK apartments, as well as many commercial buildings, ensuring something for every buyer’s or renter’s needs.

PropertyWala's Final Say

Lavelle Road in Bangalore is a fantastic deal for those looking for property to buy or rent in a key central area. With upscale homes, modern amenities, and high interest, it's a spot for both lifestyle and investment. The big rise in prices and different property kinds make it a top pick for investors and renters wanting a luxury living experience in the city's heart. Yet, checking the higher costs and making sure the investment fits your budget and real estate aims is important.