Jalahalli sees an upward trend in property price
As there is property prices increasing all over the country, there has been escalation witnessed in various parts of Bangalore.
Due to the establishment of metro in one part of the city, Indiranagar and adjoining stretch has seen a price appreciation.
Even localities like Jalahalli towards Kanakapura Road will see an increased demand in near future as the second phase of the metro is going to start.
As per reports, in the 4th quarter of 2011, Indiranagar saw the highest price escalation followed by Thanisandra and Jalahalli which saw a rise of over 28% from 1st quarter to fourth quarter in 2011.
Adjoining apartments in Jalahalli area are Vaishnavi Nakshatra, Premier Gruhalaxmi Apartment, Commanders Glory, Prestige Kensington Gardens.
Another upcoming project in the locality is Kumar Princetown by Kumar Properties. The project offers 1.5, 2, 2.5, 3.5 BHK apartments within the size range of 790 to 2280 square feet.
This project seems to be an affordable one out of the surrounding projects and will be less pressure on a middle class’s buying capability.
Source: Deccan Herald
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