Bellandur is one of the most posh areas of Bangalore, located in the Southeastern part of the city. It is well-known for housing the largest IT park and lake in the city. The area's realty market is seeing a boom because of its good connectivity and IT parks. The present real estate trends in Bellanur-2024 are Rs. 10,800 /Avg. Rate / sq.ft (Super Built-up Area). The area also offers many big residential projects for buyers and investors to invest in. The price trend in the area is affordable and meets the buyer's needs.
Belland's property trends also show that the area is the best option for getting high rental income. The houses are developed here by big builders like Puravanakara Ltd, and others. These projects yield high returns as well as good rentals. The present trend of rentals is 3%, and the highest-selling property is apartments. The average price for a flat is Rs 8821 per square foot. For a builder floor, it's Rs 6147 per square foot.
Real estate trends for different types of properties in Bellandur are
| Property Type |
Avg Rate Per Square Foot |
| Flats |
Rs. 8821/ sq. ft. |
| Individual Houses |
Rs. 12338/ sq. ft. |
There are many reasons that make Bellandur a prime investment option in Bangalore. Some of them are:
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Top location - The area serves as the major location for investment in Bangalore as it houses top schools, hospitals, malls, etc. There is a big range of residential projects by top builders. From apartments and villas to plots, buyers can pick anyone of their choice. The avg rate of the units is affordable and can be offered at discounted prices.
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Boom in the IT sector - The area has many IT parks, like Ecospace Business Park. Big IT companies such as Cisco, Wipro, SAP Labs, Intel, and AT&T are located here. It is on the ORR, making it easy to reach important places in Bangalore like Whitefield, ITPL, and Electronic City. It's also close to many Special Economic Zones (SEZs), making it a good place to invest in property. The IT growth in the locality has increased property values.
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Social Infrastructure - The area houses the best schools, hospitals, malls, and restaurants. It has petrol pumps, banks, grocery shops, etc. Residents can easily get access to all these amenities.
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Affordable properties - The area offers many affordable priced properties launched by big builders. There are many upcoming projects by big builders. One of the upcoming projects is Purva Weaves by Purva Group, spanning over 4 acres.
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Potential of appreciation - Bellandur's property prices will keep on increasing and will give high returns. The area's property appreciated by 58% in the last 5 years. The properties also give high rental income to the buyers and investors. These prices depend on the size of the units.
