Overview of Raghavendra Extension, Bangalore

Location and Accessibility

This is Raghavendra Extension in Ramamurthy Nagar, Bangalore. It is conveniently located near key amenities and easy-to-reach transportation hubs. TC Palya Road is 500 meters away, and St. Antony's Primary and Middle School is around 1 km away in distance. Credence Hospital rests within a 2.6 km radius, making it a well-connected area.

Property Prices

• Starting prices for properties stand at Rs. 7,857 per sqft.
• The average price per sqft is Rs. 7,738. This marks a notable 24.57% year-over-year (YoY) growth.

Types of Properties

• Independent Houses: Available in built-up areas varying from 2,100 sqft to 6,000 sqft. For instance, a 4BHK house costs Rs. 2.96 Cr with a built-up area of 5,400 sqft.
• Flats and Apartments: Let's look at 1, 2, and 3 BHK flats for rent and sale. An example is a 3BHK flat with a 1,500 sqft built-up area.
• Villas: These are less common but feature large built-up areas and various amenities.

Amenities and Features

• Schools and Hospitals: Close proximity to St. Antony's Primary and Middle School along with medical facilities like Credence Hospital.
• Flat Amenities: Various features include lifts, power backup, CCTV security, 24-hour water supply, and parking.
• Construction Quality: Red brick and pillar construction is common, offering durability and often includes private borewells.

Rental Market

• Monthly rental prices for a 3BHK flat with 1,500 sqft built-up area is ₹35,000, which includes maintenance charges.

Investment Potential

• The region has experienced a 24.57% YoY growth in property values, hinting at profitable investment opportunities for both buying and selling properties.

PropertyWala's Conclusion

In simple terms, Raghavendra Extension in Ramamurthy Nagar, Bangalore, offers a great real estate chance. Its location provides strategic benefits and it has seen a substantial year-over-year growth in property values along with the availability of different property types. The availability of essential amenities and good connectivity adds to its attractiveness. But as always, it’s crucial to research and consider current market trends and specific property details before making a purchase or rental decision.