Overview of Gulimangala, Bangalore

Location and Accessibility

Gulimangala, found in the outskirts of Bangalore, is a swiftly advancing area that blends residential and commercial areas. Positioned near major hubs like Electronic City, Hosur Road, and Chandapura, this locality can be reached through key roads and highways. The coming metro line and already established road connections make it attractive for both people and investors.

Property Prices and Trends

• Currently, properties in Gulimangala cost around Rs. 6,195 per square foot. You will notice a yearly rise of about 9.7%.
• Monthly averages for apartments range from Rs. 5,800 to Rs. 6,200 per square foot, changing by quarters and the type of property.
• You'll find residential plots priced differently. For instance, some as small as 600 sq.ft start at Rs. 20 lac, while bigger plots can demand up to Rs. 5 Cr.

Types of Properties Available

• Apartments: Choices include 1 BHK, 2 BHK, and more. A 2 BHK apartment averages around Rs. 8,700 per square foot but prices vary.
• Independent Houses: While less common, there are some villas and standalone houses available.
• Residential Plots: You can buy numerous plots, each ranging from 600 sq.ft to over 10,000 sq.ft. Prices will vary based on the size and location.

Rental Options

• Renting here has plenty of choices, including semi-furnished apartments starting from Rs. 7,000 per month for a 1 BHK flat.
• These rental spots often come with no extra charges for maintenance and are ready to move into immediately.

Amenities and Infrastructure

• Road Connectivity: Connects well with major roads and highways, easing travel to other parts of Bangalore.
• Schools and Hospitals: You’ll find several close by, improving the quality of life.
• Community Facilities: Some areas offer gated communities with amenities like parks and views.

Investment Potential

• With a 9.7% yearly increase in property rates, Gulimangala is a sound place to invest.
• Due to its placement near industrial areas and upcoming infrastructure projects, there's a chance it will grow further.

PropertyWala’s Conclusion

Gulimangala in Bangalore makes a good choice for those who want affordability and good access. It's a good spot if you're looking to buy a place to live or hoping to make a profit. With better property values, excellent connection, and close to necessary services, it's a perfect area for both living and future investments. If you want a home or to invest, definitely give Gulimangala a look.