Overview of Malur, Kolar

Malur, a locality in Karnataka’s Kolar district, stands out as a promising spot for real estate investment and residential living.

Strategic Location

• Malur is perfectly placed near Bangalore. This gives easy access to city amenities while providing a more peaceful environment, unlike the city’s hustle and bustle.

Infrastructure and Connectivity

• Malur is well-connected by major roads and highways. This improves its access to other key parts of the city and to nearby employment centers.
• It also has hassle-free access to the railway station, making it ideal for commuters.

Real Estate Market

• The real estate market here is vibrant. Land rates are rising steadily, showing growing demand and suggesting that property values will go up.
• The average property price for a sqft in Malur is around ₹8,846, with prices ranging from ₹6,041 to ₹12,000 per sqft.

Residential Projects

• Many residential projects are on offer, with customizable plots and homes. Some significant ones are:
  • VJ Spoorthi Boulevard: Starting at ₹24 Lacs onwards.
  • V R Innovative Global City: Rates on request.
  • Aakruthi Nest Residence: Rates on request.
  • Tharakans Viveza: Starting at ₹22.80 Lacs onwards.
  • Joy Sunshine: Starting at ₹20.40 Lacs onwards.
  • Concorde Equity: Rates on request.

Industrial and Employment Opportunities

• KIADB has built a big industrial complex here, drawing various manufacturing plants and industries. This has opened up many job opportunities and has fueled demand for living spaces.

Future Prospects

• There are planned infrastructure projects that will likely boost the real estate market further. Experts forecast a potential growth in property values by up to 25% over the next three years.

Rental Options

• Renters will find plenty of options in Malur, including semi-furnished and fully furnished houses. For instance, a 3 BHK semi-furnished house costs around ₹23,000 per month.

PropertyWala's Conclusion

Malur, Kolar, offers a good investment and rental option in the real estate market. With its strategic location, improving infrastructure, and expanding industrial sector, it is an appealing choice for investors. Rising land rates, diverse residential projects, and promising future prospects make Malur a key spot in the real estate field. Whether buying land or renting a house, Malur provides a good mix of convenience, amenities, and future growth in property values.