Overview of Tata Nagar, Bangalore

Location and Amenities

Tata Nagar is nestled in the Devinagar area of Bangalore, offering a prime spot with secure surroundings. It's close to important amenities including schools, hospitals, and shopping centers, making it a good choice for both homebuyers and investors.

Property Types and Pricing

Residential Properties

• Flats and Apartments: Prices range from ₹6,719 to ₹9,500 per sqft. The average comes in around ₹9,202 per sqft.
  • For instance, a 3 BHK apartment costs about ₹8,547 per sqft.

Independent Houses

• You will find prices from ₹84 Lac to ₹10 Cr, with the average hitting around ₹9,692 per sqft.
  • A 3 BHK independent house can set you back around ₹2.85 Cr, while a 4 BHK house starts from ₹95 Lac.

Plots and Land

• Plots go for anywhere between ₹45 Lac to ₹30 Cr, based on the area. You can expect an average cost of ₹11,132 per sqft.

Property Trend and Market Analysis

• Price Trend: Tata Nagar's property rates dipped by 7.03% last year, suggesting it might be a good time to invest.
• Market Activity: Even with the price drop, the area stays profitable for both buying and selling.

Availability of Properties

Properties for Sale

• There are over 17 properties available for sale, including flats, independent houses, and plots.
• Options range from 1 BHK to over 6 BHK apartments and independent houses.

Properties for Rent

• You have choices like 2 BHK independent builder floors and bigger houses. Rent for a 2 BHK independent floor starts at ₹21,000.

Budget Segments

• Affordable Options: Properties below ₹20 Lakhs, ₹50 Lakhs, and ₹75 Lakhs are there, but not many.
• Mid-Range Options: You'll find more properties priced between ₹75 Lakhs to ₹1 Cr, and ₹1 Cr to ₹2 Cr.
• Luxury Options: High-end properties go up to ₹10 Cr and beyond.

PropertyWala's Conclusion

In the end, Tata Nagar, Bangalore, offers a wide array of real estate to suit different budgets and tastes. With its prime location and safe environment, alongside famous builders, it appeals to both investors and homebuyers. The market trends show a promising future, making it a good choice for anyone looking to buy or rent. Buyers should weigh the price drop and the variety of property types available for a smart choice.