Dedicated locality research platform
Dedicated locality research platform
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Begur is a rapidly developing locality situated in the southeastern part of Bengaluru, India. Once a serene village on the outskirts of the city, it has now transformed into a bustling residential and commercial hub. The area boasts a mix of modern high-rise apartments, gated communities, and independent houses, catering to a diverse range of homebuyers. Begur's strategic location, with easy access to major IT hubs and proximity to the Silk Board Junction, has contributed to its growing popularity. Additionally, the presence of renowned educational institutions, healthcare facilities, and shopping complexes has further enhanced its appeal as a self-sustaining neighborhood.
Last month, Splendid Lake Dews emerged as the top-selling property, closing 16 deals, followed by Windsor Troika with 7 deals. SNN Raj Serenity and Splendid Lake Breez also contributed with 2 deals and 1 deal, respectively. All transactions were directly from the developers. The real estate market in Begur caters to diverse budgets and preferences. On the higher end, a luxurious apartment in Windsor Troika commanded a price tag of INR 86 lakhs, attracting those seeking luxury living. Conversely, a budget-friendly option in SNN Raj Serenity was available for just INR 1.75 Lakhs, providing an excellent opportunity for value-conscious buyers.
The apartment sizes also varied greatly, with the largest unit spanning 1,814 square feet in Windsor Troika and the smallest being 967 square feet in Splendid Lake Dews. This versatility ensures that Begur has something for everyone, from families seeking spacious homes to individuals preferring compact, low-maintenance living spaces. The prices per square foot in Begur ranged from INR 119 to INR 5,386, with an average of around INR 3,787.
Most apartments sold were in the coveted 1,000 to 1,500 square feet range, suggesting a demand for efficient living spaces. Begur's real estate market offers properties across various budgets. Close to 50% of the apartments sold in March fell within the range of INR 25 lakh to INR 50 lakh, catering to a large segment of homebuyers. However, the area also caters to those seeking luxury, with over 40% of apartments priced between INR 50 lakhs and INR 1 crore.
As March ended, Begur emerged as a real estate hotspot, offering a harmonious blend of affordability, luxury, and versatility. With its modern amenities, excellent connectivity, and diverse range of properties, this area has something for everyone seeking a comfortable and convenient lifestyle.
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