Why you should think about investing in micro markets in GST Road

Perungalathur
A property in Chennai such as an individual house located in this micro market can cost about INR 4400 per square feet on average. About a year ago the going rate for this property type stood at INR 5900 per square feet on average. This is a drop of about 25% over the last year. 

The going rate for apartments here between April and June 2014 stood at INR 4100 per square on average. This was a drop of about 1% when compared to the previous quarter when the prices stood at INR 4200 per square feet on average. In the 2nd quarter of the year 2013 the asking price for apartments here stood at INR 3900 per square feet on average which was a drop of about 4% when compared to the previous quarter. In the third quarter the prices went up by about 2% and stood at INR 4000 per square feet on average.

Guduvanchery
A property in Chennai such as an individual house located in this micro market can cost about INR 4400 per square feet on average. About a year ago the going rate for this property type stood at INR 4600 per square feet on average. This is a drop of about 5% over the last year. 

If you are looking for property in Chennai then Guduvanchery is one of the best places to begin at for affordable ones. The going rate for apartments here between April and June 2014 stood at INR 3200 per square on average. This was a drop of about 7% when compared to the previous quarter when the prices stood at INR 3500 per square feet on average. In the 2nd quarter of the year 2013 the asking price for apartments here stood at INR 3600 per square feet on average which was an increase of about 10% when compared to the previous quarter. In the third quarter the prices took a dip of about 13% and stood at INR 3100 per square feet on average.

Vandalur
A property in Chennai such as an individual house located in this micro market can cost about INR 3600 per square feet on average. About a year ago the going rate for this property type stood at INR 5900 per square feet on average. This is a drop of about 39% over the last year. 

The going rate for apartments in chennai here between April and June 2014 stood at INR 4000 per square on average. This was a drop of about 6% when compared to the previous quarter when the prices stood at INR 4200 per square feet on average. In the 2nd quarter of the year 2013 the asking price for apartments here stood at INR 4000 per square feet on average which was an increase of about 8% when compared to the previous quarter. In the third quarter the prices went up by about 12% and stood at INR 4500 per square feet on average. Looking at the price trends in this micro market, Vandalur is also another place that should be on your radar if you are looking to buy flats to buy in Chennai.

Indirapuram-One of Delhi NCR’s in demand localities

Indirapuram is a locality situated in Delhi National Capital Region’s Ghaziabad city. It is considered to be one of the fast developing and posh localities in this region and Properties in Indirapuram are in demand these days. Its location and connectivity are the key selling points for this locality.

Indirapuram is strategically placed on the National Highway 24. The Indira Gandhi International Airport is at a distance of 32 kms from this locality through the NH 24. Through the NH 24 it is well connected to Delhi and even Noida. Since it is located close to these cities, it is a market which is preferred by those who are working out of these cities. 

 Indirapuram also has metro connectivity through a station in Vaishali. The locality is also set to get its own metro station. The Uttar Pradesh government has approved a metro line from Noida City Centre to Electronic City  flats in Noida. Increased connectivity leads to an increase in property rates. The metro connectivity which this locality is set to recieve will definitely serve to increase rates of properties in Indirapuram. Taking just the connectivity offered by this locality into consideration it is not hard to see why apartments for sale in Indirapuram are much sought after.

Indirapuram is not lacking social infrastructure either. The locality possesses sound social infrastructure in terms of quality educational institutions and healthcare facilities. Your entertainment needs also are taken care of as there are plenty of malls present here.

The going rate for properties such as apartments for sale in Indirapuram is INR 5700 per sq ft on average. Once the metro connectivity hits this micro market property rates here will increase by 20 to 30% overtime.
 
Indirapuram has properties for every segment. Riding on the back good connectivity, location and improvements in infrastructure the only place properties in Indirapuram can go is upwards.

Top Three Residential Localities in Bangalore

Marathahalli

Marathahalli is an IT hub located in the eastern part of Bangalore. The going rate for apartments located in this micro market stands at INR 3600 per square feet on average. Individual homes and villas cost INR 7900 per square feet on average. 2 BHK apartments for sale in Bangalore located in this micro market are the most in demand. This is followed by 3 BHKs. 1 BHK apartments for sale in Bangalore located here come in at third place. The most preferred unit size for apartments here falls between 1001 and 1250 square feet. This is followed by the 1251 to 1500 square feet range. 

Buyers are most willing to spend anywhere between INR 30 to 40 lakhs on properties here. This is followed by the INR 40 to 50 lakhs range. They are most willing to spend anywhere between INR 3001 to 3500 per square feet on apartments here. This is followed by the 3501 to 4000 per square feet range.

Yelahanka

Yelahanka is located in the northern part of Bangalore which has become quite popular among home buyers. The going rate for apartments located in this micro market stands at INR 5600 per square feet on average. Villas in Yelahanka can cost anywhere between INR 7000 to 13000 per square feet depending on the amenities offered. 2 BHK apartments for sale in Bangalore located in this micro market are the most in demand. This is followed by 3 BHKs. The most preferred unit size for apartments here falls between 1001 and 1250 square feet. 

This is followed by the less than 500 square feet range. Buyers are most willing to spend anywhere between INR 20 to 30 lakhs on properties here. This is followed by the INR 10 to 20 lakhs range. The INR 2000 per square feet range or more is the most popular per square feet budget range here. This is followed by the 2501 to 3000 per square feet range.

Sarjapur Road

Sarjapur Road is one of popular upcoming micro markets in Bangalore located in the south eastern part of the city. The going rate for apartments located in this micro market stands at INR 7900 per square feet on average. Individual homes and villas cost INR 6000 to 7000 per square feet. 2 BHK apartments located in this micro market are the most in demand. This is followed by 3 BHKs. 1 BHK apartments for sale in Bangalore located here come in at third place. The most preferred unit size for apartments here falls between 1001 and 1250 square feet.

 This is followed by the 1251 to 1500 square feet range. Buyers are most willing to spend anywhere between INR 30 to 40 lakhs on properties here. This is followed by the INR 10 to 20 lakhs range. Buyers here are willing to spend an amount which is equal to or more than INR 2000 per square feet on apartments. This is followed by the INR 3001 to 3500 per square feet range.