The price appreciation of Prestige Avon is expected to be significant due to its prime location, premium development, and increasing real estate demand in North Bangalore. Investors and homebuyers can anticipate strong capital gains as property values in Thanisandra Road continue to rise. With Bangalore’s booming IT sector and upcoming infrastructure projects, Prestige Avon stands out as a profitable investment with high future returns.
Why Prestige Avon Will Witness Strong Price Appreciation?
- Location Advantage – Thanisandra Road is a rapidly developing residential and commercial corridor, attracting homebuyers and investors.
- IT & Tech Hub Proximity – Close to Manyata Tech Park, ensuring strong housing demand and increasing property values.
- Metro & Infrastructure Growth – The upcoming metro line and road expansions will enhance connectivity and boost property prices.
- Prestige Group Reputation – Prestige projects historically appreciate faster due to their brand value, quality construction, and premium amenities.
- Increasing Demand for Luxury Apartments – North Bangalore is seeing a shift towards high-end residential projects, further driving appreciation.
Price Appreciation Trends in Thanisandra Road
The property values in Thanisandra Road have appreciated by 15-20% in the past 5 years, with an upward trend expected to continue. Prestige Avon, being a luxury residential development, is poised for even higher price growth.
| Year | Average Price per Sq. Ft. in Thanisandra Road | Expected Growth |
|---|---|---|
| 2020 | ₹6,500 | – |
| 2022 | ₹7,800 | +20% |
| 2024 | ₹9,200 | +18% |
| 2026 (Projected) | ₹11,000 – ₹12,000 | +20-25% |
Note: These projections are based on market trends and infrastructure developments.
Prestige Avon Expected Price Growth
| Apartment Type | Launch Price (₹ per Sq. Ft.) | Projected Price (2026) (₹ per Sq. Ft.) | Expected Appreciation (%) |
|---|---|---|---|
| 2 BHK (1200 – 1400 Sq. Ft.) | ₹9,000 – ₹9,500 | ₹11,500 – ₹12,500 | 25-30% |
| 3 BHK (1600 – 1900 Sq. Ft.) | ₹9,200 – ₹9,800 | ₹12,000 – ₹13,000 | 25-30% |
| 4 BHK (2200 – 2600 Sq. Ft.) | ₹9,500 – ₹10,000 | ₹12,500 – ₹14,000 | 30-35% |
Factors Driving Prestige Avon’s Price Growth
- Strategic Location & Connectivity – Close proximity to Nagawara Metro Station, ORR, and the International Airport boosts property value.
- High Demand for Ready-to-Move Homes – Luxury apartments in gated communities are witnessing increased buyer interest.
- Limited Supply in Premium Segments – With fewer high-end projects in the area, prices for well-developed communities like Prestige Avon are expected to rise.
- Infrastructural Advancements – The expansion of Thanisandra Main Road, proposed SEZs, and metro connectivity will further push up real estate prices.
Investment Outlook for Prestige Avon
- Short-Term Growth (2-3 Years) – Investors purchasing at launch prices can expect 15-20% appreciation within the next few years.
- Long-Term Investment (5-10 Years) – Holding the property for a longer period could result in 30-40% capital appreciation, making it a highly profitable asset.
- Resale & Rental Demand – With increasing property rates, resale prices will soar, and rental income will also rise significantly.
Conclusion
Prestige Avon is set to witness strong price appreciation, making it a lucrative investment for both end-users and investors. With rising demand, excellent connectivity, and Prestige Group’s reliability, the property’s value is expected to grow substantially in the coming years. Those investing early will benefit the most from high capital appreciation and strong resale demand.