Is 12k/sqft becoming normal in Kokapet projects now?

I’m actually looking to buy in Kokapet now and the pricing is kind of making my head spin a bit.

I visited Prestige Clairemont and My Home Tarkshya recently. Both look good, proper gated communities and all that, but most quotes I’m hearing are around 12k/sqft for ready to move or near completion units. One sales guy was even saying it can go slightly higher depending on floor and facing.

The problem is I had Kokapet in mind because earlier people used to talk about it as a “still growing area”. I remember hearing numbers like 6-7k some time back and even that felt high then. Now suddenly it’s touching 12k.

I’m trying to understand if this is actually the going price now or just the initial quoting. Also when I checked some floor plans the carpet area looked a bit smaller than what I expected from the total sft. Maybe I’m mixing up how they calculate it.

I do like the location though, close to the Financial District and all, that’s mainly why I started looking there. But at 12k I keep wondering if I’m entering too late or if this is just the new normal there.

Anyone here recently booked in Prestige Clairemont, My Home Tarkshya, or similar Kokapet projects? Is it worth investing that much money or should I check a few other projects like ASBL Spire coming up at a considerably low pricing? Just trying to understand what people who are actually buying are seeing.