Overview of G M Palya, Bangalore

Location and Surroundings

G M Palya lies in the eastern part of Bangalore, fringed by areas like New Tippasandra, Vignan Nagar, Kaggadasapura main Road, and Swamy Vivekananda Road. Because of its lush surroundings, the place is popular among those who wish to live in a green and serene environment.

Connectivity

From here, key localities such as Indiranagar, Old Madras Road, and Mahadevpura are easily reachable. This connectivity is a major reason for the real estate market's steady development in G M Palya.

Property Prices

To start with, properties in G M Palya are priced starting at around Rs. 6,083 per sqft. The average property price is close to Rs. 9,017 per sqft. The top-end market sees prices hitting up to Rs. 16,725 per sqft.

Types of Properties

There are different types of properties for potential buyers. These include apartments, individual houses, and villas. Options include 1 BHK to 5 BHK flats that suit a variety of buyer preferences.

Rental Market

Rental property values in G M Palya have gone up due to their affordability. For example, a 2 BHK independent floor might rent for around Rs. 27,500 per month with a security deposit of ₹2 lakhs.

Amenities and Infrastructure

The area features gated communities, lots of greenery, and proximity to schools such as Shishya BEML Public School and hospitals like HAL Hospital. Its infrastructure is improving and supporting real estate market growth.

Pros and Cons

Pros

• Connectivity: Easy access to major areas.
• Affordability: Generally cheaper than many parts of Bangalore.
• Greenery: Plenty of green areas making it a pleasant resident spot.
• Amenities: Various amenities are readily accessible.

Cons

• Slow Development: The real estate market is developing at a gradual pace.
• Infrastructure Work Needed: While getting better, the infrastructure still needs further development.

PropertyWala's Conclusion

Living in G M Palya, Bangalore, offers a perfect mix of affordable pricing, good connectivity, and quality green living. Though development is at a steady pace, given its present offerings of prices and amenities, it seems highly attractive. Anyone looking to invest or to reside in a modern green locality with easy access to Bangalore's important regions will find G M Palya noteworthy.