PROPERTY PRICES IN BANGALORE FROM 1-1-2012 TO 31-10-2012
According to a study conducted by a private group on the prices of Residential properties in Bangalore, there is a stimulated rise of around 5% percent to 15% on an average in the prices in for the period between December 2011 and October, 2012. Sarjapur road, (ring road to wipro office), Hosur Road(up to bommasandra), ITPL Road, Maruthally Road, ORR between KR Puram and Hebbal, Hebbal to Jala on Airport road has witnessed sharp rise in the prices. Analysts are of the opinion, with the return of new government in U.S.A, that the price rise may not be stable and may stand still for some time. It is said that the demand for B katha properties have skyrocketed in the core areas. Land mafia is busy with disposing of B katha properties.