Cost of a 1000 Sq. Ft. Plot in Whitefield Bangalore
As of the most recent market analysis, the cost of real estate in Whitefield, Bangalore, varies significantly depending on key factors such as location, amenities, and current market conditions. A recent price range for land in this area has been recorded at approximately 5000 to 15000 INR per square foot.
Estimated Cost for a 1000 Sq. Ft. Plot
Given the varying prices, the estimated cost for a 1000 square foot plot would fall within the range of approximately 50 lakhs to 1.5 crores. However, it is important to note that real estate prices can fluctuate, making it crucial to verify current listings or consult a local real estate agent for the most accurate and up-to-date information.
Current Price Snapshot
A recent snapshot from the Times Property newspaper indicates that the price for plots within 5 kilometers of the main road ranges from roughly 4 to 6 INR per square foot. While there are developers offering plots at even lower prices, around 2 INR per square foot, these are often located outside the city limits and may not offer developed amenities or infrastructure.
Local Agent's Perspective
A local agent's view suggests that the cost of a 1000 square foot plot should be around 30 to 40 lacs (3 million to 4 million INR). This valuation reflects the actual market trends and is a reliable source for potential buyers.
Calculating the Cost
For a more straightforward calculation, we can multiply the average price range by the plot area. At 5000 INR per square foot, the cost for a 1000 square foot plot would be approximately Rs. 5000000 (50 lakhs), while at 15000 INR per square foot, the cost would be approximately Rs. 15000000 (1.5 crores).
For precise and current information, it is advised to consult a local real estate agent or refer to reliable online listings.
Key Takeaways: The cost range for a 1000 square foot plot in Whitefield, Bangalore, is approximately 50 lakhs to 1.5 crores. Prices can fluctuate based on location, amenities, and market conditions. Consult local real estate agents for the most accurate and up-to-date information. Check current listings for detailed price ranges and availability.