Thursday, 2 February 2012

Real Estate Trends for Bangalore from 2007 to 2011

Let me share with you Bangalore Apartment price trends since Jan 2007. I have compiled data from 2007 to 2011. Hope it is helpful.




 
Date
Place
Per/square/Feet
Builder
Jan-07
ORR
2600
Nagarjuna [NCC Maple Heights]
Mar-07
Electronic city
1350

Jun-07
ORR
3040
Nagarjuna [NCC Maple Heights]
Jun-07
ORR
3500
sobha daffodil
Jun-07
Yehlanka
2590
Nagarjuna Meadows
Jun-07
In Sarjapur road
2250
Oceanus Monarda
Jul-07
Kanankapura Road
2400
Gopalan Jewels
Aug-07
Ecity: Near wipro
2600
Goel Ganga’s vertica
Aug-07
In Sarjapur road
2390
Oceanus Dwellings
Sep-07
Marathahalli (on Varthur Rd)
2650
Esperanza
Sep-07
ORR
2800
Sun City (corporate Leisure)
Sep-07
Begur
1800
Divya Jyothi Lake Point
Oct-07
Bannerghata Road
2700
Esteem Enclave
Oct-07
Begur Lake
1900
Arattukulam builders
Nov-07
Near HAL
2200
Chitrakut Builders
Dec-07
Electronics city [Ananth Nagar]
2050

Feb-08
Begur : Near Hosur Road
2495
Concorde Midway City
Feb-08
WhiteField
2300
Nitesh Forest Hills
Mar-08
Kundana Halli
3000
AKME ENCORE
Mar-08
GM palya
2350
Nester Raga
Mar-08
Marathahalli
3200
Spectra Cypress
Apr-08
WhiteField
2800
Brigade metropolis
Apr-08
In Sarjapur road
2550
HM Symphony
May-08
Jeevan bhima Nagar
3300
Team builders
May-08
Marathahalli
2800
SLS Serenity
Jun-08
Begur
2000
Divyajyoti Lake view County
Jun-08
GM Palya
2400
Vasundhara Builders
Jun-08
Doddaballapur Road, yelahanka
3190
Nagarjuna : Meadows
Aug-08
GMPalya
1800-2400

Sep-08
BTM
3350
Raj Lakeview: SN Builders
Oct-08
Bellandur
2600
Mana constructions
Nov-08
Bannerghata road
2800
Esteem Enclave
Nov-08
BTM
2775
DLF New Town
Jan-09
Hoodi
2300
Gopalan Grandeur
Jan-09
ORR
3000
Maple Hieght Phase II
Feb-09
In Sarjapur road
2950
Divya Jyoti Earth by Arattukulam Developers
Mar-09
Kaggadaspura
2900
SAI MITRA MEADOWS
Mar-09
ORR
2300
Nester Raga
Apr-09
HSR layout
3500
Salarpuria Serenity
Apr-09
Sahakar Nagar : Hebbal
3500
Century Corbel
May-09
HSR layout
2900
Brundavan Presidency
Jun-09
Koramangala
3400
Esteem Royale
Jun-09
RamMurthi Nagar
2100
oceanus greendale Phase-II
Aug-09
Hosur road
2300
Uma Sree Dream world project
Aug-09
ORR
2500
Suncity zephyr project
Aug-09
JP Nagar 1 Phase
4300
Nagarjuna premier
Aug-09
WhiteField
2100
Golden Blossoms signature
Aug-09
In Sarjapur road
2355
evergreen from ozonegroup
Sep-09
WhiteField : saibaba ashram
2100
Signature flat ( Golden Blossom)
Sep-09
WhiteField : saibaba ashram
2000
Orchid Park by Galaxy builders
Nov-09
Whitefield
2350
balaji pristine
Dec-09
Bannerghata road
2650
Esteem enclave
Jan-10
electonic city
2750
Concorde manhattan
Jan-10
Yehlanka
2700
NCC ASTER PARK
Feb-10
KR Puram
2790
Durga rainbow@ mahadevapura
Feb-10
JP Nagar 5 Phase
3250
Esteem builders
Feb-10
Thippasandra
3300
SR Bharath’ apartments
Mar-10
Marathahalli
3500
rohan jharokha : Marathalli
Apr-10
In Sarjapur road
3100
Mantri Premero
Apr-10
Marathahalli
2800
HM Capital
Apr-10
Electronic city
2300
Genesis Ecosphere
May-10
Bannerghata road
2600
Nandi Woods
May-10
Akshyanagar BTM 6th stage
2300
Janhavi Shelters
May-10
Bannerghata road
3900
Hiranandi Upscale
Jun-10
HSR layout
2300
Manar Elegance
Aug-10
Hoodi circle
2200
SMR Vinay Galaxy
Aug-10
WhiteField : saibaba ashram
2250
orchid enclave by galaxy developers
Sep-10
ITPL
2500
Shanders Springdale
Sep-10
Bannerghatta Road
2700
AMODA : VALMARK builders
Sep-10
Electronic city
2950
Patel Realty’s Neotown
Sep-10
Maratahalli
2700
Samhita Rainbow
Sep-10
Bannerghatta Road
2900
Hinduja Lake View
Sep-10
In Sarjapur road
3590
Salarpuria Sanctity
Sep-10
on Haralur Road (Off Sarjapur Road)
2100
GK Jewel City
Nov-10
Electronic city
2900
Ajmera Infinity
Nov-10
Begur Road
2350
Raj Serenity
Jan-11
Yehlanka
2850
NCC Urban Aster park
Feb-11
HSR layout
2700
Manar Manha
Apr-11
Maratahalli
2600
VRR Lakeview
Apr-11
Maratahalli
2700
Ssonesta Meadows
May-11
Electronic city: Phase2
2000
Concorde SouthScape
May-11
Hongasandra : near bommanahalli
2300
SLV FLORA

 
Frankly I am not seeing too much hike in real estate rates in bangalore since 2007. Way back in late 2007 rates hovered around  2400 to 3000. Today the rates are at  2500 to  3600. At the upper end rates have gone up by 20%. But on an average since 2007 rates have gone up only by 10%.  
The Reason, I guess is the 18 months slow down from mid 2008 to end of 2009. In fact rates  crashed in early and mid 2009.  Rates went up in 2010  to late 2007 levels. But 2011 was more flat movement, owing to higher interest rates.