Nandi Hills Real Estate: Trends, Updates, and New Launches
11 videos • 56 views • by Ownit1st Nandi Hills, located just 60 km from Bangalore's city center, has emerged as a prime destination for luxury real estate, vacation homes, and investment opportunities. Here's a comprehensive look at the current trends, updates, and new launches in the Nandi Hills real estate market: MarketTrends -Property Price Appreciation: Over the past 12 years, property prices in Nandi Hills have seen a significant increase, with an overall appreciation of 259% from Rs 1790 per sq ft in 2010 to Rs 6426 per sq ft in 2022. The premium segment has experienced even steeper growth, with prices now over Rs 10,000 per sq ft. - Rental Market: Nandi Hills offers an average annual rental yield of around 6.6%, making it a competitive market for vacation homes and long-term rentals. - Investment Potential: The region's proximity to North Bangalore's employment hubs, the airport, and upcoming infrastructure projects like the ITIR and a new pharma park in Chikkaballapur, drives demand for housing and plotted development. New Launches and Projects Prestige Sanctuary Villas - Location: Off Nandi Hills in Devanahalli, North Bangalore. - Features: Spacious 4 Bedroom Triplex villas with luxurious amenities, including a clubhouse, infinity pool, and sports facilities. - Price: Starting from Rs 12.14 Crore onwards. Total Environment Over the Rainbow Villas - Location: At the foot of Nandi Hills, North Bangalore. - **Features**: Earth-sheltered 3-bedroom villas with private gardens, pools, and extensive customization options. - Price: Rs. 7.14 Crore onwards for a 3 BHK villa on a 6000 sq ft plot. Kumar Nandi Hills - Location: Nandi Hills, Bangalore. - Features: Modern luxury villas with scenic views, spacious layouts, and world-class amenities. - Possession: Expected by December 2027. AMT Kadamba Farm Plots - Location: At the foot of Nandi Hills, Devanahalli, North Bangalore. - Features: Estate Farm Plots with plans for Bali-inspired Villas, offering a unique living experience. - Amenities: Includes a 20,000 sq ft clubhouse, swimming pool, and more. Infrastructure and Development - Tourism and Hospitality: Nandi Hills has seen a surge in tourism, leading to the development of resorts, hotels, and vacation homes. - Industrial Growth: Foxconn's investment of Rs 13,600 crores in a facility near Nandi Hills, promising 50,000 jobs, is expected to boost the region's economy and real estate market. - Connectivity: Improved roads and proximity to Bangalore International Airport enhance the region's appeal for both residents and investors. Investment Insights - Capital Appreciation: Nandi Hills offers significant potential for capital appreciation due to the increasing demand for residential and commercial properties. - End-User Community: Projects like The Earth Phase 2 by SRKP Group focus on creating an 80% end-user community, reducing speculative investment and fostering a stable community. - Rental Income: The Earth Retreat offers a unique investment model where investors can lease back their properties for rental income.