M G Road area, Bangalore

Property Types
Office Spaces

About

Overview of MG Road, Bangalore

MG Road, or Mahatma Gandhi Road, stands out in Bangalore with its mix of commercial, retail, and residential spaces.

Property Types and Pricing

  • Residential Properties:
    • Residential property prices in MG Road cover the ₹19,147 to ₹19,622 per square foot range as per recent trends.
    • You’ll find apartments, villas, and builder floors here. For example, a 2 BHK flat costs between ₹1.1 crore and ₹2.28 crores, and a 3 BHK flat falls in the same range.
    • Sale prices vary widely from ₹1.6 crore to ₹14.3 crore.

Market Trends

  • Price Appreciation:
    • Property rates along MG Road have spiked by 23.34% in the last year.
    • Over the last decade, prices have appreciated about 28.6%, including a 7.1% jump last year and a 10% drop in the past five years.

Availability and Configuration

  • Properties Available:
    • Currently, there are around 37 properties on sale, featuring a mix of apartments, villas, and commercial spaces.
    • According to recent data, 71% of these are 3 BHK apartments, 24% are 4 BHK flats, and 5% are 2 BHK flats. Apartments represent 41%, commercial office spaces 34%, and builder floor apartments 14%.

Amenities and Infrastructure

  • Lifestyle Amenities:
    • MG Road combines commercial activities with retail offerings. You’ll find offices, banks, shops, theaters, and key lifestyle amenities.
    • Schools, malls, and hospitals are nearby, covering daily residents’ needs.

Rental Market

  • Rental Options:
    • In MG Road, tenants have plenty of options, such as 1/2/3 BHK flats, furnished and semi-furnished properties, office spaces, and showrooms.
    • For example, renting a 3 BHK flat may cost around ₹2.41 lakh per month, while a 4 BHK house could cost ₹2.25 lakh plus maintenance fees.

PropertyWala's Conclusion

MG Road in Bangalore offers an appealing choice for both buyers and renters. Its prime location, strong infrastructure, and positive market trends make it a lucrative opportunity. The high appreciation rates and fast sale turnover attract investors but also require good planning to handle the high prices and competitive market. For those looking for a balance of convenience, lifestyle amenities, and long-term investment potential, MG Road should be on your radar.

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Projects

Prestige Four Seasons - M G Road, Bangalore

Prestige Four Seasons

M G Road area, Bangalore

  • Completed
  • Apr, 2004

Luxurious Residential Apartments

: Prestige Four Seasons is one of the popular Residential Developments in Brunton Road neighborhood of Bangalore.
Prestige Meridian - M G Road, Bangalore

Prestige Meridian

M G Road area, Bangalore

  • Completed
  • Feb, 2004

Commercial Shops/Office space

: Prestige Meridian is commercial project by Prestige Group Builders located at M G Road, Bangalore.
Skylark Topaz - M G Road, Bangalore

Skylark Topaz

M G Road area, Bangalore

  • Started
  • Jan, 2012

Luxury Apartments

: It consists 2 bedroom flat available for rent attached cum common toilet bath hall kitchen and car parking etc.
Sterling Brunton - M G Road, Bangalore

Sterling Brunton

M G Road area, Bangalore

  • Completed
  • Aug, 2011

Residential Apartments

: Excellent high-end residential apartment located in prime location with 3 bedrooms and 4 bathrooms semi-furnished with a no. of modular amenities.

Sale Properties

Land for sale in Prestige Central, Infantry Road area, Bangalore

Residential Plot for sale in Infantry Road

Residential Plot / Land

: Prestige Central by Prestige Group at the very prime location of Infantry Road in Bangalore offers residential project that host commercial spaces in various sizes.
Office for sale in Brigade Towers, Brigade Rd, Bangalore

Office Space for sale in Brigade Road

Office Space

: Brigade Towers, a 14-storey modern business complex, is Brigade Group's first commercial project. It is most strategically located on Brigade Road, near Residency Road and Richmond Town.
Office for sale in Brigade Towers, Brigade Rd, Bangalore
₹ 1 Cr

Office Space for sale in Brigade Road

₹ 1 Cr

Office Space

: Brigade Towers, a 14-storey modern business complex, is Brigade Group's first commercial project. It is most strategically located on Brigade Road, near Residency Road and Richmond Town.
Office for sale in Brigade Towers, Brigade Rd, Bangalore

Office Space for sale in Brigade Road

Office Space

: Brigade Towers, a 14-storey modern business complex, is Brigade Group's first commercial project. It is most strategically located on Brigade Road, near Residency Road and Richmond Town.

Rental Properties

Price Trends

Also known as: Mahatma Gandhi Rd, Mahatma Gandhi Road
Locality ID
A328982111
PinCode
560001