Overview of Thirumalashettyhally, Bangalore

Location and General Information

• Thirumalashettyhally is a locality in Bangalore, Karnataka, India, celebrated for its residential and real estate development.

Property Trends and Prices

• Current Prices:

  • Properties in Thirumalashettyhally start around Rs. 5,943 per sqft, with averages hitting Rs. 9,322 per sqft.
  • The market sees some of its priciest properties reaching up to Rs. 30,769 per sqft.

• Price Growth:

  • While data for the past year shows a small 0.27% fall, the area recently grew significantly by 25.85% in prices over the last year.

Property Types and Availability

• For Sale:

  • Consumers can find apartments, independent houses, and villas for sale.
  • The region has more than 114 listings, featuring various completed projects and move-in ready options.

• For Rent:

  • 2 BHK independent houses come available, with rents beginning at around Rs. 8,500 per month.

Preferred Property Size

• Typically, individuals favor properties spanning 1250-1500 sq.ft. in size.

Market Activity

• Recent Registrations:
  • A total of 13 properties were registered in the last six months, hinting at continued market action.

Investment Potential

• Buy and Sell Trends:
  • With overall price trends and market movement, purchasing and selling properties here is seen as profitable.

Amenities and Infrastructure

• Without concrete details on specific amenities, the region’s popularity and real estate development point to essential facilities like schools, hospitals, and shopping centers.

PropertyWala's Conclusion

For both buyers and renters, Thirumalashettyhally is seen as a viable option because of competitive pricing and market action. The broad diversity of offerings like affordable apartments and upscale villas suits a variety of buyers' needs. Keeping an eye on price changes and market conditions is crucial. After the recent small price drop, it might be a smart time for investing in properties here.