Real Estate Insight on Subramanyanagar, Bangalore

Subramanyanagar, located in the Rajajinagar district of Bangalore, looks promising for both buyers and renters in the real estate market. Here’s what stands out about it:

Property Costs: Subramanyanagar has varied property prices that attract different buyers. The starting price for properties here is around Rs. 10,303 per square foot. The typical price is about Rs. 14,117 per square foot, but it can soar up to Rs. 22,083 per square foot for top-end properties.

Market Dynamics: The Subramanyanagar property market has shown positive growth. Over the past year, you can see a 7.13% hike in property rates. This, along with a striking 34.43% rise in the average prices per square foot, marks it as a favorable zone for both buyers and sellers.

Accessibility: Most properties here fall into the affordable to mid-tier category. Roughly 50% are priced between ₹40 lakhs to ₹60 lakhs, and about 17% range from ₹1 crore to ₹1.2 crores. This makes Subramanyanagar appealing to a broad spectrum of purchasers.

Rental Availability: Subramanyanagar has various rental options, from ₹6,000 a month for a 1 BHK flat up to ₹21,000 for a 2 BHK house. Rentals include reasonable upfront fees and sometimes come semi-furnished.

Neighborhood and Essentials: Subramanyanagar is conveniently linked to other parts of Bangalore and resides close to numerous well-known neighborhoods. It’s likely you will find essential amenities including schools, hospitals, and shopping areas due to its inclusion in the broader Rajajinagar region.

PropertyWala’s Evaluation

Subramanyanagar stands out in Bangalore with its mix of affordability, growth, and rental options. It shows promising year-over-year growth and an array of pricing tiers. It’s a good option for end-users and investors alike. Whether planning to buy or rent, Subramanyanagar's vibrant property market and handy location make it worthy for exploration in Bangalore's real estate scene.