Overview of Sudhama Nagar, Bangalore

Location and Connectivity

Sudhama Nagar is central in Bangalore, with top-notch access to major landmarks and services. It is near notable places such as Lalbagh, Cubbon Park, UB City, Vidhana Soudha, and main roads like K.H. Double Road and Residency Road.

Property Types and Availability

• Apartments: Many apartments for sale in Sudhama Nagar range from 2 BHK to 5 BHK. Apartments are found in projects like Mantri Blossom and Vista Lalbagh. Some projects are already ready for living, while others are being built with completion slated for 2024 and 2025.
• Independent Houses: Several independent houses, offering 4 BHK to 6 BHK flats, are for sale. These often come ready for immediate residence and are priced competitively because of their central location.
• Resale Properties: About 7 resale flats are available in the area, in both furnished and unfurnished conditions.

Pricing

• Apartments:
  • A 2 BHK flat starts at around ₹90 Lac while a 5 BHK flat can go up to ₹10.21 Cr in luxury projects like Mantri Blossom.
  • The average cost per square foot ranges from ₹8,333 to ₹21,666, totaling an average of ₹16,249 per square foot.
• Independent Houses:
  • Prices vary from ₹1.18 Cr to ₹8 Cr depending on size and house amenities.

Amenities and Infrastructure

• Sudhama Nagar boasts modern facilities like hospitals (such as HCG Cancer Hospital), educational institutions (like St. Joseph's College), and recreational spots (Lalbagh and Cubbon Park).
• New projects typically feature luxury amenities providing comfort, luxury, and leisure opportunities, as seen in Vista Lalbagh and Mantri Blossom.

Market Trends

• Property values in Sudhama Nagar have hiked, with a 14.74% rise over the past year, marking a profitable period to buy or sell in the area.
• The prime central location and strong demand make this area a solid investment.

PropertyWala's Conclusion

Investing in real estate in Sudhama Nagar offers a lucrative chance in Bangalore due to its strategic placement, good access, and modern amenities. From budget-friendly apartments to luxurious 4 BHK to 6 BHK independent houses, there's something for everyone. Rising property rates and positive market trends solidify this area's appeal. However, do conduct thorough research and consider specific needs and financial plans before any investment decisions.