Real Estate Overview of Malleshwaram Pipeline Road Area, Bangalore

Property Availability and Types

Malleshwaram in Bangalore has lots of property choices. Buyers can pick from over 163 properties, including flats, independent houses, villas, builder floors, and plots. Here's a closer look: 32+ flats, 37+ plots, 27+ builder floors, 9+ independent houses, and 4+ luxurious villas.

Price Trends

In Malleshwaram, the average cost per square foot is about ₹13,660, ranging between ₹999 and ₹27,000. This covers both budget-friendly and premium homes. Flats might range from ₹1.1 Cr to ₹6.5 Cr while independent houses might cost ₹2.17 Cr to ₹42 Cr. Builder floors and villas also provide a broad range suitable for many budgets.

Rental Market

Rental prices differ quite a bit. The average monthly rent falls between ₹15,800 to ₹63,000. Budget-friendly rents go under ₹19,000 per month, mid-segment ones range from ₹19,000 to ₹25,000 per month, and more exclusive properties are above ₹25,000 per month.

Local Amenities and Infrastructure

Malleshwaram is famed for developed infrastructure and great location features. It's close to schools, including Cloudnine Hospital, and many other essential services. Soon, the installation of underground electric cables will strengthen the power supply, adding to living benefits.

Popular Housing Societies

Some famous housing societies are Renaissance Bellevue, Little Earth Malgudi, Pavithra Sahasra, Sai Krupa Malleswaram, Salarpuria Sattva Luxuria, and Mantri Greens. Offering modern facilities and safe surroundings, they attract potential buyers and renters.

Price Growth and Market Trends

Malleshwaram's property prices fell by 17.3% in the last year, pointing to a buyer-friendly market at the moment. Yet, this trend can vary, so it's wise to watch the market before deciding. The area experienced growth in property values over the past few years, making it a solid pick for long-term investments.

PropertyWala's Verdict

The Malleshwaram Pipeline Road area in Bangalore has a wide variety of properties, from budget to luxury homes. With well-equipped infrastructure, close proximity to essential amenities, and an evolving real estate market, this area is perfect for those wanting to invest or live in premium Bangalore. You'll find modern apartments, spacious independent houses, or luxurious villas, making Malleshwaram a promising real estate landscape.