The real estate growth in Bangalore promises significant property appreciation every year. The annual real estate growth rate is predicted to be 5% due to technological advancements, economic growth, and infrastructure developments.
Bangalore, the Silicon Valley of India, is India's third largest city and capital of Karnataka state. The current real estate market trend 2024 in Bangalore signifies investment will provide high return value in the future.
The city's rapid improvement is driving the demand for both residential and commercial projects expected to grow and evolve significantly.
Here are the key factors impacting on Real Estate Future Growth in Bangalore 2025
Bangalore, India’s fifth-largest metropolitan area, is predicted to be the fastest-growing city until 2035, with a GDP growth of 8.5%, according to the Bangalore Innovation Report.
Due to the high presence of IT tech parks have set up the base for many MNCs in the city. which provide huge employment opportunities.
Bangalore is significantly growing with the durable infrastructure developments supporting the needs of its citizens. The progressive construction of flyovers, metros, airports, and satellite bus stands has been helping with convenient commutes.
The number of people emerging to Bangalore is increasing year by year, due to strong IT hub developments, educational institutions, and an excellent workforce.
These are well-connected locations with easy access to the major needs of the citizens. In the North - western region of Bangalore, the upcoming KWIN city spans across 5800 acres. This plan comprises Nelamangala, Dabaspet, and Dodballapur locations as the next key hubs. This plan offers the best opportunity for investors and homebuyers. The average price per sqft for properties in North Bangalore ranges from 6000 to 9000. In East Bangalore, the sqft price ranges from 12000 to 16000.
Property prices in South Bengaluru have witnessed a remarkable increase of 14% over nine months, rising from ₹7,177 per square foot in the first quarter of 2024 to ₹8,205 per square foot by the third quarter of the same year. The per sqft price in West Bangalore ranges from 9000 to 12000. The property price in Central Bangalore is expensive due to the high demand for the location. Here per sqft price is in the range of 15000 to 25000.
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