Marathahalli, like most of Bangalore's up-and-coming suburbs, was once a peaceful village brought to life by the IT boom. It is now one of Bangalore's most prominent real estate hotspots, with many young professionals flocking to its residential developments.
Here are five good reasons why you should think of residential investment in a few Properties in Marathahalli.
Marathahalli is located in the city's southeast and is well-connected to the city's major IT clusters. It is a popular area for young IT professionals to live in because it is close to the IT centers of Whitefield and Electronic City. It is 46 kilometers from the international airport of Bangalore and 11 kilometers from the nearest railway station, making it an excellent position.
The proximity of Marathahalli is one of the key reasons for its appeal. Roads such as the Outer Ring Road, Sarjapur Road, Old Airport Road, and ITPL Road connect it to various parts of the city. Its accessibility and real estate worth are enhanced by the presence of National Highway 7, which runs through it.
like Sobha Paladian, Jeevan Pristine, and Divyasree 77 Place offers immense proximity to workplaces, malls, schools, tech parks, and other places.
Many Bangaloreans prefer to live near Marathahalli because the city's Outer Ring Road provides traffic-free paths to other sections of the city, cutting travel time in half. This is a significant benefit in Bangalore, where traffic and pollution are major drawbacks.
Real Estate Investment Opportunities:
Marathahalli's property market is less expensive than that of its neighboring locales like Whitefield and Electronic City. Marathahalli is popular among home-buyers in Bangalore because of its accessibility to these regions and its affordability. Properties in Marathahalli are the most popular real estate trend in the city, with a large range of new and resale flats available. There is also a large selection of new residential houses available.
Properties in Marathahalli cost between INR 3,500 and 5,500 per square foot, which is 10% less than in Whitefield. New residential projects in Marathahalli by reputable builders range in price from INR 30 lakh to INR 2 crore, providing purchasers with a wide range of options.
Resale flats in Marathahalli can cost up to INR 40 lakhs and rent for up to INR 17,000 per month, prompting investors from all over the country to take notice of this burgeoning neighborhood.
Retail and Recreation:
Marathahalli is more than just a residential location for IT professionals who want to live near their place of business! Over the last few decades, its social infrastructure has risen by leaps and bounds, culminating in the creation of well-known retail malls, multiplexes, and cafes.
Sony, Levi's, and Trax Shoes are just a few of the international brands that have set up shop in the area. Big Bazaar and Reliance, two Indian superbrands, have tapped into Marathahalli's young consumer market.
Multiplexes such as Innovative Multiplex, Thulasi Theatre, and Srivinayaka Theatre provide entertainment to the city's citizens without requiring them to travel through congested highways to see a movie in the city's core.
Marathahalli boasts a number of reputable facilities, including Fortis Hospital, Yashomati Hospitals, Sakra World Hospital, Rainbow Children's Hospital, and Keva Ayurveda, so residents don't have to go far for quality healthcare. It also contains a number of clinics and pharmacies that are open 24 hours a day.
The suburb's educational facilities include foreign schools such as MVJ International School and Ravindra Bharati Global School and institutions such as SGR Polytechnic and Sri Chaitanya PU College.
Hanuman Temple, Eid Gah Masjid, and Hebron Church are among the many places of worship in Marathahalli.
With an annual growth rate of 9 percent in residential revenues, the locality may soon outperform its neighboring places in terms of its real estate value.
All the above-mentioned reasons are apt for you to take a decision on buying Properties in Marathahalli.