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Q.

What is the historical fair market value of a home in Bengaluru?

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0 2024-01-23T11:24:09+00:00

Bengaluru's property market has changed colours over time! It can be tricky to find market value of house in Bangalore online, but I can paint a picture:

  • The past decade saw explosive growth, with prices for apartments jumping from ~Rs. 3,000 per sq ft in 2010 to over Rs. 7,000 per sq ft by 2020.

  • The pandemic brought a temporary dip, but the city's allure bounced back quickly. Today, you'll find apartment prices ranging from Rs. 5,000 to Rs. 10,000 per sq ft, depending on location and amenities.

I will share a list of Bangalore property guidance values below:

Whitefield

₹9,000/ sq.ft

Electronic City

₹5,100/ sq.ft

Hebbal

₹10,750/ sq.ft

Kanakapura Road

₹8,800/ sq.ft

Yelahanka

₹6,750/ sq.ft

Bannerghatta Road

₹6,050/ sq.ft

Sarjapur Road

₹8,000/ sq.ft

JP Nagar

₹7,150/ sq.ft

HSR Layout

₹7,750/ sq.ft

Marathahalli

₹7,350/ sq.ft

Koramangala

₹13,900/ sq.ft

Indira Nagar

₹14,500/ sq.ft

Bellandur

₹11,450/ sq.ft

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But I would also say that to truly understand the historical fair market value for a specific home, you'd need to consider factors like size, location, age, and amenities. Dig deeper with online property portals or consult a local real estate expert for a more accurate picture!

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