Overview of Mandur, Bangalore

Mandur, found on the outskirts of Bangalore in Bangalore East tehsil, is an up-and-coming area that has become widely remarked on in the real estate market.

Location and Connectivity

• Located outside Bangalore, Mandur has a zip code of 562129.
• It has strong road and rail links with Yelahanka Junction railway station and Whitefield Metro station as the closest major transport points.

Property Prices and Trends

• Property costs in Mandur hover between ₹2,833 and ₹4,667 per square foot.
• Land rates range from ₹2,300 to ₹4,850 per square foot, seeing a sharp rise of 54.2% over the past year and 54.2% over the last ten years.
• The average apartment in Mandur goes for about ₹4,611 per square foot, though it can be as cheap as ₹1,238 per square foot, on the low end, and reach up to ₹18,666 per square foot.

Types of Properties

• You can find various types of properties in Mandur including:
  • Apartments: Ranging from ₹40 lakhs to ₹60 lakhs for a 2 BHK flat, and ₹56 lakhs to ₹65 lakhs for a 3 BHK apartment.
  • Independent Houses and Villas: Prices start between ₹45 lakhs to ₹80 lakhs based on facilities and plot size.
  • Plots/Land: Both residential and commercial plots available at ₹2,300- ₹4,850 per square foot.

Infrastructure and Amenities

• Social Infrastructure: Mandur is well-equipped with schools, colleges, and medical centers like Sri Lakshmi Clinic, Ashwini Family Care Clinic, and New Life Hospital.
• Shopping Zones: Numerous local stores and shopping malls such as V-Mart nearby.
• Public Transit: Well-linked to major IT centers by road, with easy reach to the Whitefield Metro station and Yelahanka Junction railway station.

Market Analysis and Investment Potential

• Property values in Mandur are rising due to the growth of IT industries near areas like Whitefield.
• Many working professionals prefer the locality for their affordable living nearby major IT firms and tech parks.
• We suggest investing in Mandur, especially 2 BHK flats, since future prices are poised to climb notably owing to ongoing and future infrastructure advancements, such as revamped road networks.

PropertyWala's Conclusion

Mandur in Bangalore is a great choice for property buyers and investors looking for both affordability and potential for increase. The balanced mix of affordability, good connectivity, and the expansion of IT nearby make Mandur a solid option for property searches in this region. The projected rise in property values, paired with the ongoing development of social and physical infrastructure, makes Mandur a good move for buying or renting properties.