Bangalore residential real estate prices stabilise in the second quarter

Bangalore, October 3, 2006: According to real estate services firm Colliers International, Bangalore real estate prices have shown signs of stabilising in the second quarter. Very little fresh stock has appeared in the market during this period. Real estate prices in areas such as Palace Orchard, Airport Road, and Indiranagar have grown by 6-8% over the previous quarter.

Property prices (capital and rental values) for benchmark areas in Bangalore such as Central, Cooke Town, Jayanagar, Palace Orchard, Airport Road, Indiranagar, Koramangala and Whitefield are provided below.

Bangalore Property Prices Q2 2006 - INRNewsClick on image to view chart.


By INRnews Correspondent

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