Overview of Madhava Nagar, Bangalore

Location and Accessibility

Madhava Nagar is situated in the central part of Bangalore, within the Gandhi Nagar area. This place is connected well to major parts of the city, so it’s very convenient for people who want easy access to shops and transportation hubs.

Property Types and Pricing

• Residential Options:

  • In Madhava Nagar, you can find various types of homes like apartments, standalone houses, and semi-furnished units.
  • Standard setups include 2 BHK, 3 BHK, and 4 BHK apartments and houses.

• Price Range:

  • On sale, the price of properties varies a lot. Around 50% of them are between ₹1.4 Crore to ₹1.6 Crore, while the other half prices go above ₹5 Crore.
  • For example, apartments with areas of about 2100-2200 sq. ft. are priced from ₹3.15 Crore to ₹3.3 Crore.

Rental Options

• Rent Prices:
  • You can find rental properties like 4 BHK houses that rent for ₹1 Lac to ₹1.3 Lac each month. Security deposits are usually around ₹5 lakhs.

Property Rates and Trends

• Price per Sq.Ft:
  • The average price per square foot in Madhava Nagar is around ₹10,736.
• Market Trends:
  • While quarterly details for Madhava Nagar aren’t provided, the overall Bangalore real estate market can see changes so it’s wise to check the latest market conditions before buying or renting.

Amenities and Infrastructure

• Proximity to Amenities:
  • With its central location, Madhava Nagar is near many amenities like schools, hospitals, shopping centers, and public transportation.
• Infrastructure:
  • The area has good road connections and other essential infrastructure.

PropertyWala's Conclusion

Madhava Nagar in Bangalore has many options for buyers and renters because of its central place. It’s got a range of properties from affordable to luxury, catering to many budgets. To make a smart choice, it's important to research the current market trends and property prices. Given its nearby key amenities and good connections, Madhava Nagar can be perfect for those who want to live in a convenient and connected part of the city.