How Is Real Estate Market In Varthur Road

The Real Estate Market in Varthur Road is very stable, with an increase in value of 5% each year, which promises to offer good capital profits for all investments. Rent prices have also risen a lot in Varthur Road, noting a 4 percent rise in standard 2 BHK rental rates, reaching Rs 25,000 from Rs 22,500 in 2024.

The IT sector is a crucial factor in Varthur Road's real estate growth. So, it is good to invest in any real estate properties on Varthur Road and get excellent returns in the future due to fast infrastructure developments. A lot of people are shifting to the area due to the nearby IT companies of Whitefield, which provides a golden opportunity for real estate builders.

Varthur Road real estate market is developing fast as

Varthur Road is home to big schools, malls, colleges, startups, and IT hubs.
The ongoing phase of the metro project will connect this area to the heart of Bangalore.
Flyovers are built, many roadways have been restored, and extensions of roads are all in progress.
The government has offered many concessions, such as custom duty reduction to help buyers in buying their dream houses.
Reputed Real estate builders are giving great discounts of upto 10% to sell their new launch properties in Varthur Road. There are prelaunch offers of upto 15% to boost buying of homes.

As a result of all this growth, the real estate market may expect great growth in 2024 in Varthur Road. Varthur square feet rate today, on average, is Rs.12,000 per sq ft. Investing in Varthur will give good returns in the future and a good rental income. An upcoming project that is best for investment in Varthur Road is Prestige Raintree Park from Prestige Group.

Spread over 21 acres, the project hosts 3, 3.5, 4, 4.5, and 5 BHK apartments over 18 towers with 2B+G+19 floors. There are 1520 apartment units that range from 2005 to 3700 sq. ft. Investing in this upcoming best residential launch of 2024 in the Varthur real estate market will give good returns and rental income.