3. In 2014, over 500 projects were launched in
Bangalore among which
- 35% were in East Bangalore.
- 33% were in South Bangalore &
- 25% were in North Bangalore.
#1
4. Kanakapura Road, Electronic City and Bannerghatta
Road recorded maximum units launched in
Bangalore South. In the East, IT hubs of Whitefield
and Sarjapur Road along with Hoskote recorded
maximum number of unit launches.
#2
5. At present, there are more than 15 ongoing large-
size projects having more than 1000 units.
Due to connectivity via NICE Road & robust
infrastructure, these are skewed towards South
Bangalore, followed by East and West Bangalore.
#3
6. Out of the total units being launched,52% projects
were launched with affordable units, 44% with
mid-segment and 28% with luxury units.
#4
7. In the affordable segment (less than Rs.4,000 per sq.
ft.),over 240 projects were launched, out of which
maximum were available in South Bangalore (39%),
followed by East and North Bangalore with 36%
and 21% respectively.
#5
8. West Bangalore witnessed the launch of several
high-rise apartment projects unlike earlier where the
demand in this region was limited to just
independent bungalows.
#6
9. Most of the large-sized new launched projects are
skewed within the city limits, while the completed
projects are mainly located in the peripheral areas.
#7
10. While North Bangalore has ample ready-to-move-in
inventories, South and East Bangalore, on the other
hand, boast of maximum new launches.
#8
11.
12. For villas and row houses, Sarjapur and Sarjapur
Road in East Bangalore have maximum supply,
followed by Attibele and Electronic City in South
and Devanahalli in the North.
#9
13. About 45% of the projects launched this year are
expected to be completed by the year 2015 covering
only 17% of the overall unit supply because these
are all small-size projects having less than 100 units
each.
#10
14. About 45% of the projects launched in 2014 are
expected to be completed over the next two years
which will cover about 80% unit supply. Most of
these projects are large-size (more than 1000 units)
and mainly towards North and East Bangalore.
#11
15. Out of the top 10 preferred rental localities, half
were skewed towards the southern areas like JP
Nagar, Koramangala, HSR Layout, Jayanagar and
BTM Layout and the other half towards the east.
#12
16. Electronic City has garnered maximum consumer
interest based on the number of user generated
queries on our Forum section.
#13
17. Whitefield, Bannerghatta Road, Kanakpura Road
and Sarjapur Road were the other areas that has
garnered maximum consumer interest based on the
number of user generated queries on our Forum
section.
#14
18. CommonFloor.com is India's leading property search portal.
On a mission to make property search hassle-free, transparent and fruitful;
CF has best of breed property search on maps, property search mobile apps and
an extensive section for knowledge resources and advice in real estate.