An Introduction to Panathur, Bangalore from the Viewpoint of Real Estate

Panathur, nestled in Bangalore, garners significant interest from both property buyers and renters because of its solid infrastructure, strategic spot, and upward real estate trends.

Trends in Property Prices and Affordability

In Panathur, property costs diverge widely, addressing different buyer groups. The basic price for properties starts at ₹ 4,500 per square foot, whilst the median price hits ₹ 14,504 per square foot.

• Apartment costs extend from ₹ 7,950 to ₹14,000 per square foot, with certain zones going higher, up to ₹ 18,550 per square foot for land.
• Floor prices by builders range from ₹ 5,700 to ₹ 20,500 per square foot, influenced by amenities and the specific project.

Varied Property Offerings

Panathur houses many types of properties, like apartments, builder floors, and residential plots. Over 93 properties are listed, with various sizes like 1 BHK, 2 BHK, and 3 BHK flats.

• For example, a 1 BHK flat can range from ₹76.66 lakhs to ₹96.26 lakhs, while a 2 BHK flat can cost between ₹1 crore to ₹1.6 crore.

The Rental Scene

Panathur's rental market is lively, catering to both bachelors and families. Monthly rent for a 2 BHK flat varies from ₹40,000 to ₹47,000, while a 3 BHK flat can go up to ₹55,000. These rentals typically offer modern perks such as clubhouses, swimming pools, and sports facilities.

Infrastructure and Amenities

Panathur is linked closely with significant IT hubs like Whitefield and Electronic City, turning it into a top pick for IT employees. The region features key routes like Outer Ring Road (ORR) and Sarjapur Road.

• The area is packed with crucial amenities such as schools, malls, hospitals, hotels, and emergency services, driving the demand for properties higher.

Future of Investment

Panathur's real estate market looks to flourish in the near future due to its IT hub proximity and ongoing new projects. Property prices have spiked greatly, with an 83.3% increase within the last year and 202.5% over the last decade.

• Good rental income and high returns await investors, making Panathur a prime site for those looking to invest in the long term.

PropertyWala's Opinion

Panathur in Bangalore offers a great chance for buyers and renters owing to strong real estate trends, excellent connectivity, and plenty of facilities. Thanks to its booming IT sector, solid infrastructure, and expected future growth, investing in Panathur brings both high rental gains and significant property value rise. Seeking a home near main workplaces or a good investment? Panathur shines as an outstanding location in Bangalore's real estate market.