Bangalore witnesses average property price raise by 4.5 percent
A rise of around 4.5 percent in the property prices has been witnessed in Bangalore.
The recent real estate study observed price changes for around 85 projects considering period of December 2011 and April 2012.
The study shows that around 41 percent of realty project prices remained stable whereas another 40 percent of property prices witnessed rise by 5 percent.
The areas in Bangalore which have witnessed more than 5 percent rise in property prices are Kanakpura Road, Banerghatta Road and Sarjapur Road.
Average price rise by 4 percent is being witnessed at Mantri Serenity, Pride Springfields apartments projects in Kanakpura Road, Bangalore.
Whereas property price rise has not been witnessed at North City by HM Constructions, Century Wintersun, Itinna, Jain Heights and Townsville by Patel Realty.
More related stories:
A roundup on prices of properties across India
Residential Property in Mumbai and Kolkata hit by High Rental Prices
Source: The Economic Times
Apartments projects in Bangalore, Banerghatta Road, Century Wintersun, December 2011 and April 2012, HM Constructions, Itinna, Jain Heights, Kanakpura Road, Mantri Serenity, Pride Springfields, Property prices in Bangalore, Sarjapur Road, Townsville
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