• Login/Sign Up
  • ?>
    Invest Now

    Want High Returns, Invest Now

    Investment Starts From 5 Lakhs

      Invest In Fixed Income Products

      Make portfolio diversification your financial goal in 2024 and invest in non-volatile alternative real estate products

      Highly Safe


      High Returns

      High Returns

      Invest for short-term

      Short Term

      Bengaluru housing prices rose by 4% in the April-June quarter: Survey

      • 5 min read
      • Last Modified Date: February 2, 2023
      Listen to the article
      facebook twitter linkdin whatsapp

      Per a survey, Bengaluru’s home costs reached a three-year high in the second quarter, up four percent year on year. Unsold properties were purchased at the fastest rate among seven other big cities, showing a rebound in demand.

      The square foot price of residential housing in Bengaluru climbed by 4% year on year to 7,848 in the April to June quarter. This is less than the 10% growth in Delhi and the national capital area, but greater than the 1% increase in Chennai and the Mumbai Metropolitan Region (MMR).

      The research titled ‘Housing Price-Tracker 2022′ by Credai, or the Confederation of Real Estate Developers’ Associations of India, Colliers India, and Liaise Foras examines real estate market trends in eight key cities: Bengaluru, Delhi-NCR, MMR, Chennai, Kolkata, Hyderabad, Pune, and Ahmedabad.

      Housing prices in Bengaluru recovered to pre-pandemic levels in the second quarter, climbing 4%, the most in three years. Do not miss Mumbai, Bengaluru, and Hyderabad: Cities leading India’s residential real estate recovery in 2022.

      The table below shows the growth in home prices in eight cities:


      The year-on-year increase in housing prices


      10 percent


      9 percent


      8 percent


      8 percent


      5 percent


      4 percent


      1 percent

      Mumbai Metropolitan Region

      1 percent

      Source: The Hindustan Times

      According to the research, Bengaluru also saw the biggest YoY drop in unsold inventory, at 21%, indicating a resurgence in demand.

      This contrasts with a 36% increase in unsold inventory in Ahmedabad, indicating that supply is more than demand, but the market in Bengaluru is approaching a more balanced condition, with demand equal to supply.

      Prices increased by 4% in the city’s periphery and outer south region, including Attibele Sarjapur Village Junction, BTM Layout, Bommanahalli, Electronic city phase-2, RR Nagar – Kenchanahall, while prices increased by 10% in the city’s periphery and outer east region, including Hoskote Village, HSR layout sector 1, Kadugodi – Sadarmangala, Old Madras Road – Avalahalli and Whitefield Road.

      Assetmonk is a premier real estate marketplace that offers 14-21% IRR investment options in key Indian cities such as Bangalore, Chennai, and Hyderabad. Assetmonk provides high-quality investment options after doing expert due diligence. Come see us and invest with us!

      Bengaluru housing prices rose by 4% in the April-June quarter: Survey FAQs

      According to a Reuters poll, real estate prices in India will rise by at least 7.5% in 2022, and by 6% in 2023 and 2024.

      Some of the best areas to invest in Bangalore real estate are Whitefield, Banashankari, HSR Layout, and Electronic City.

      Assetmonk Investment
      Sign up for smart insights from industry experts!
      Invest Now