Bangalore, the capital of Karnataka, is showing to be an ideal spot for real estate investors with reputed builders like Prestige Group. Prestige apartments have never failed to lure investors and buyers with their charm. It remains the preferred choice of quality-conscious realty clients. As the builder offers quality projects in prime areas of the city, it is preferred by most people.
The Price trends of Prestige apartments in Bangalore from the last 10 years, from 2014 to 2024, are as follows
2014
- For Prestige Sunrise Park E-city, the prelaunch price for 2 BHK was Rs. 50 Lakhs for 1200 sq ft.
- Today resale for 2 BHK is Rs. 1.2 Crores for 1200 sq ft
- Price increased by approximately 2.5x.
2015
- For Prestige Falcon City, the prelaunch price for 2 BHK was Rs. 75 Lakhs for 1200 sq ft.
- Today, resale for 2 BHK is Rs. 1.75 Crores for 1200 sq ft
- Price increased by approximately 2.5x.
2016
- For Prestige Song of the South, the prelaunch price for 2 BHK was Rs. 65 Lakhs for 1200 sq ft.
- Today resale for 2 BHK is Rs. 1.5 to 1.6 Crores for 1200 sq ft
- Price increased by approximately 2.5x.
2017
- For Prestige Lake Ridge, the prelaunch price for 2 BHK was Rs. 70 Lakhs for 1200 sq ft.
- Today resale for 2 BHK is Rs. 1.4 Crores for 1200 sq ft
- Price increased 2x approximately.
2018
- For Prestige Jindal City, the prelaunch price for 2 BHK was Rs. 65 Lakhs for 1100 sq ft.
- Today resale for 2 BHK is around Rs. 1.1 Crores to Rs. 1.2 Crores for 1100 sq ft
- Price increased 2x approximately.
2019
- For Prestige Elysian, the prelaunch price for 2 BHK was Rs. 80 Lakhs for 1100 sq ft.
- Today resale for 2 BHK is Rs. 1.6 Crores for 1100 sq ft
- Price increased 2x approximately.
2020
- For Prestige Finsbury Park, the prelaunch price for 2 BHK was Rs. 60 Lakhs for 1000 sq ft.
- Today, resale for 2 BHK is Rs. 1 Crore for 1000 sq ft
- Price increased approximately 2x in just 4 years.
2021
- For Prestige Park Drive plots, the prelaunch price for 1200 sq ft was Rs. 47 Lakhs.
- Today, resale for 1200 sq ft is around Rs. 1 Crores
- Price increased approximately 2x in just 3 to 4 years.
2022
- For Prestige City Sarjapur, the prelaunch price for 2 BHK was Rs. 60 Lakhs for 1000 sq ft.
- Today, resale for 2 BHK is around Rs. 1 Crore for 1000 sq ft
- Price increases approximately 1.8x in just 3 years.
2023
- For Prestige Park Grove, the prelaunch price for 2 BHK was Rs. 1 Crore for 1100 sq ft.
- Today resale for 2 BHK is Rs. 1.4 Crores for 1100 sq ft
- Price increases by approximately 1.4x in just 1 year.
2024
- For Prestige Raintree Park, the prelaunch price for 3 BHK starts from 3. 15 Cr for 2020 sq. ft. and goes up to 5 Cr for 5 BHK Apartment.
- The price of apartments per square feet is Rs. 15000 per sq. ft.
The price trends show that investing in any Prestige property will help to get good returns in the future. People can get a good resale value for their properties and can get better value for money.