Overview of Thippasandra, Bangalore

Area and Accessibility

Thippasandra is situated in Bangalore and is famous for its favorable situation and excellent connectivity. Nearby, you’ll find key regions such as Indiranagar, HAL 3rd Stage, and Old Madras Road, making it an appealing choice for both residents and investors.

Property Prices and Trends

• Average Price per Sq.Ft.:

  • Typical property prices in Thippasandra are around Rs. 7,444 per sqft. It’s even possible to find properties starting as low as Rs. 4,408 per sqft.
  • When it comes to flats, prices fluctuate from Rs. 4,206 to Rs. 10,600 per sqft.

• Types of Property:

  • You can find many property types here, namely apartments, independent houses, villas, and plots. Apartment options range from 1 BHK to 6+ BHK.
  • Builder Floor prices start at around Rs. 11,950 per sqft.

• Value Growth:

  • There’s been a noticeable increase in property values. Specifically, there has been a 55.9% increase over the last 5 years and a 92.7% rise over the last 10 years.

Amenities and Infrastructure

• Living Projects:

  • Thippasandra features numerous living projects that offer modern amenities, including gyms, swimming pools, play areas for kids, and secure environments.

• Public Services:

  • You’ll discover the area provides easy access to schools, markets, and other crucial services. Nearby is the NPS School, just as an example.

Rental Market

• Rent Costs:

  • Monthly rents for 1 BHK flats range from Rs. 8,000 to ₹30,000. 2 BHK flats are priced from ₹23,000 to ₹50,000. For those looking at 3 BHK flats, the rental costs range from ₹55,000 to ₹75,000.

• Rental Choices:

  • A wide range of rental options are available, including semi-furnished and unfurnished apartments. Many of these listings are directly from landlords, with no brokerage charges included.

Investment Potential

• Rate Increases:

  • Even though property values decreased by 29.48% in the past year, the overall upward trend points toward future growth, indicating a good possible return on your investment.

• Market Stability:

  • Thippasandra's strong connectivity and amenities make it a stable market, attracting both end-users and investors alike.

PropertyWala's Final Thoughts

Thippasandra in Bangalore appears to offer some great benefits like affordability, conveniences in modern living, and great connectivity. It stands out for buyers and renters. While recent property values have declined, the lasting trend shows impressive appreciation. Anyone looking at investing should consider the different property types available and the overall setup of the region. This could make it a solid investment option.