Overview of Samethanahalli, Bangalore

Location and Accessibility

Samethanahalli, Bangalore is found in the eastern portion, close by places such as Whitefield, Hope Farm, and ITPL (International Tech Park Ltd). The place is well-connected with the Hope Farm metro station and is near multiple business parks. This makes it a great choice for people living there or those who commute frequently[5).

Property Types and Availability

• Residential Properties: The area has lots of living houses like apartments, standalone homes, and villas. Most commonly, people live in multistorey apartments, which make up about 60% of the properties.
• Agricultural Land: Roughly 67% of the land is used for farming and is owned by different individuals.
• Residential Plots: There are also plots available for people looking to build their own houses.

Property Price Trends

• Average Price per Sqft: Properties in Samethanahalli can cost between ₹5,303 to ₹5,457 per square foot on average. Even some can start at ₹2,000 per square foot. Others are priced as high as ₹4,375 per square foot.
• Price Ranges: Properties go for anything between ₹40 Lac to ₹60 Lac. Few can go even up to ₹1 Cr to ₹1.2 Cr.
• Year-on-Year Growth: The property rates have gone up by 7.36% over recent times. Real estate here is booming.

Rental Options

• Rent Ranges: Rent can be between ₹5,000 to ₹10,000, and ₹15,000 to ₹20,000 each month. Usually, 2 BHK apartments dominate.
• Amenities: Many rentals offer things like 24-hour water, covered parking, and partly-furnished homes.

Amenities and Infrastructure

• Educational Institutions: Located in this area are schools, such as Whitefield Global School, which makes it a good choice for families.
• Business Parks: The area has many business parks. This makes it attractive for working folks.
• Other Amenities: Properties may come with other amenities like private gardens, water storage, waste disposal, and rainwater harvesting.

Investment and Living Prospects

• Investment Potential: Samethanahalli has seen a positive increase in property value, which makes it good for buying and selling.
• Living Experience: The place provides modern conveniences along with calm living environments. Houses here are well cared for and freshly painted.

PropertyWala's Conclusion

Samethanahalli, Bangalore is a good spot for those who want to buy or rent a place. Thanks to its easy access, different types of properties available, and the uptrend in real estate prices, it's an appealing choice. The area is near educational institutions, business hubs, and metro stations, giving it great value. If you're a family searching for a place to live or an investor looking at real estate, Samethanahalli delivers a mix of benefits, ease, and worth.