Micromarket Research: Jakur Real Estate Trends

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Real estate trends in Jakur, Bangalore

Transcript of Micromarket Research: Jakur Real Estate Trends

Page 1: Micromarket Research: Jakur Real Estate Trends

Micromarket Research

Jakkur, Bangalore

Page 2: Micromarket Research: Jakur Real Estate Trends

Copyright © 2014 Kin Housing

Overview - Snapshot

Location: Jakkur is located in North Bangalore: Thanisandra, Amruthalli,

Real Estate Growth: Developed area.

The Rate of Investment (RoI) is average.

Connectivity:

Bus: The nearest bus stand is Jakkur Bus stopRail: NAMetro: NA

Basic amenities:Water: Bangalore Water Supply And Sewerage Board (BWSSB)Electricity: Bangalore Electricity Supply Company (BESCOM)

Schools: Vibgyor High School, Euro School

Hospitals: Columbia Asia Hospital, Northside Multi Speciality Hospital

Page 3: Micromarket Research: Jakur Real Estate Trends

Copyright © 2014 Kin Housing

Overview - Jakkur

It houses the reputed Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), a multi-disciplinary institute known around the globe.

The famous Jakkur Airfield, also called Jakkur Flying Training School and the only general aviation field in Bangalore, is situated here

Source: Commonfloor

Page 4: Micromarket Research: Jakur Real Estate Trends

Copyright © 2014 Kin Housing

Major Landmarks

• Jawaharlal Nehru Centre for Advanced Scientific Research

• Jakku Airfield• Jakkur Layout Park• Ayappa Swamy Temple• Jakkur Post Office• Al-Badr Mosque• Maruthi Saw Mills• Bharat Sevashram Sangh (Karunalaya)• Orchard• Deccan Charters Limited• Shell Petrol Bunk

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Copyright © 2014 Kin Housing

Pricing trends

Source: Magicbricks

Comparatives - Jul-Sep 2014 Highest Locality Price: Rs 4,821 per Sq-ft Average Locality Price: Rs 4,672 per Sq-ftLowest Locality Price: Rs 4,522 per Sq-ft

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Copyright © 2014 Kin Housing

Major projects

Project Name Builder Launch Date Possession Price per sqft

Footprints Goyal & Co April 2014 March 2016 4200 psft

Cirocco Legacy Jun 2014 Dec 2017 8500 psft

Verzure Unishire Mar 2014 Dec 2015 3850 psft

Northridge Brigade Nov 2014 Nov 2017 4640 psft

Northsquare Samruddhi Sept 2013 July 2016 4500 psft

Napa Valley Nitesh March 2013 March 2016 13100 psft

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Why Jakkur?

• Location – Proximity to airport, Manyata Tech Park etc.

• Infrastructure – Wide roads, water availability, hospitals, international schools, big ticket retail and malls are proposed

• Growth – While the returns have been average in the area, the prices arent too high yet and hence there’s scope of further appreciation

• Homes across budget – From Provident Harmony to Legacy Cirocco there’s inventory available across budgets

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Copyright © 2014 Kin Housing

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Connect with us at www.kinhousing.com or [email protected] can also reach us at 1800 3000 5245