Bagepalli
Bagepalli, a serene rural town in Karnataka known for its agricultural significance and rich history.
Location Information
Overview
Bagepalli is a small town located in the Chikkaballapur district of Karnataka, India, near the border of Andhra Pradesh. The town, known for its agricultural productivity, is steeped in history with remnants of ancient fortifications signifying its past. Bagepalli's proximity to the larger cities of Bangalore and Chikkaballapur adds to its strategic significance.
The Lifestyle
Bagepalli is home to a close-knit community, predominantly involved in farming activities. The lifestyle is simple, grounded, and revolves around agricultural seasons. The community celebrates numerous local festivals with grandeur, showcasing their rich cultural heritage.
Attributes
Agricultural hub | Rich historical significance | Close to major cities | Simple lifestyle | Culturally rich community | Close-knit community
You're sure to adore
Bagepalli's tranquillity and slower pace of life is a refreshing break from the city's hustle-bustle. The town's rich history and culture, coupled with its agricultural landscapes, make it a charming destination.
The Market
The real estate market in Bagepalli is emerging with land prices ranging from INR 500 to 1000 per sq ft. The growth is slower compared to major cities but promises good returns in the long run due to its strategic location.
Connectivity
Airport
The nearest airport to Bagepalli is Kempegowda International Airport, Bengaluru, approximately 90 km away.
Bus
Bagepalli has a well-connected bus network with frequent services to Bengaluru, Chikkaballapura, and other nearby cities.
Train
Bagepalli has a well-connected bus network with frequent services to Bengaluru, Chikkaballapura, and other nearby cities.
Road
Bagepalli has a well-connected bus network with frequent services to Bengaluru, Chikkaballapura, and other nearby cities.
Social Infrastructure
Educational Institutions
Notable educational institutions include Government First Grade College and Sri Devaraj Urs Nursing College. For healthcare, the town has Government Hospital Bagepalli and several smaller clinics.
Hospitals
Some of the hospitals in Bagepalli include Government Hospital Bagepalli and Om Shakthi Hospital.
Crime Rate
Bagepalli is known for its low crime rates, making it a safe community for residents.
Geography
Soil
The region has red loamy soil, suitable for the cultivation of pulses and cereals.
Topography
Bagepalli has a flat topography with occasional hills and is surrounded by agricultural lands.
Altitude
Bagepalli is approximately 678 meters above sea level.
Flora & Fauna
The region is home to a variety of bird species and local vegetation includes a mix of deciduous trees and shrubs.
Climate
Season at a Glance
Bagepalli experiences a tropical climate with summers (March-June), monsoons (July-September), and winters (October-February).
Rainfall
The average annual rainfall in Bagepalli is approximately 600 mm.
Temperature
The temperature in Bagepalli ranges from 20°C in winter to 35°C in summer.
Real Estate Trends
Rental Yield
The average rental yield in Bagepalli ranges from 2.5% to 3.5%.
Capital Appreciation
The capital appreciation in Bagepalli's real estate has been steady, with an annual growth rate of approximately 5%.
Average Price per sq.ft
The average price per sq.ft for residential properties in Bagepalli is approximately INR 2,500.
Demand & Supply Dynamics
Approximately 50% of properties for sale are priced below ₹20 lakh, and 25% fall within the ₹20–40 lakh range . The supply is dominated by residential plots (45%) and agricultural lands (41%), catering to investors seeking long-term appreciation and development potential.
Short Term Rental Trends
Types of Assets (No. of AirBNB Listings)
Most assets are residential properties with a few holiday homes listed on Airbnb.
Revenue Potential
The revenue potential for rental properties in Bagepalli is moderate, driven by demand from local residents and tourists.
Occupancy Rate
The average occupancy rate for rental properties in Bagepalli is approximately 70%.
ADR
The average daily rate (ADR) for Airbnb listings in Bagepalli is approximately INR 1,500.
RevPar
The revenue per available room (RevPAR) in Bagepalli is approximately INR 1,050.