Overview of Margondanahalli, Bangalore

Location and Connectivity

Margondanahalli is located in the east side of Bangalore, Karnataka. This area connects well to other major parts in the city and you can easily find it close to the New International Road, Ramamurthy Nagar Ring Road, and Old Madras Road.

Property Types and Availability

• Residential Properties: Inside Margondanahalli, you will find a mix of homes like flats, independent houses, villas, and builder floors. There are options for people with all kinds of budgets ranging from very affordable to very sophisticated.
• Plots for Sale: Lots of plot options exist here that are for selling. These plots differ in size and cost and are perfect for folks who want to build their own place. Benefits include prime spot, freehold ownership, and clear titles.

Pricing

• Properties for Sale: The cost of selling properties here varies broadly. Sometimes, plots cost from ₹ 79.5 Lakhs to ₹ 28 Crores, depending largely on the size and exact location. Independent houses and villas typically cost between ₹ 90 Lakhs and several crores.
• Properties for Lease: If you prefer renting, the range of leasing fees varies from ₹ 6 Lakhs to ₹ 21.60 Lakhs for a lease of 12-36 months. Monthly rents for different configurations and amenities can go from ₹25,000 to ₹1.8 lakh.

Amenities and Infrastructure

• Family-Friendly Environment: Living here means living within family-friendly gated communities, guaranteeing a secure and practical living space.
• Modern Amenities: You'll often find modern facilities like corporation water, drainage infrastructure, 24*7 power backup, elevators, security services, and parking spots in these properties.
• Close to Facilities: You’re also nearby schools, hospitals, malls, and all other key essentials, enhancing its overall comfort for living.

Societies and Projects

• Prominent Societies: One standout community is MR Residency Margondanahalli that offers luxurious living with distinct lifestyle features. Prices here start from ₹ 1.6 Crores.
• Upcoming Developments: The area is seeing new building projects including those close to Hebron Villa and Confident Lillian projects, suggesting better future infrastructure.

PropertyWala’s Conclusion

Living in Margondanahalli, Bangalore is attractive for both homebuyers and renters because of its central location, welcoming family environment, and variety of property types. The area brings together peaceful settings and modern facilities, making it perfect for families and those planning to invest. Whether you wish to buy plots, independent houses, or rent a roomy apartment, Margondanahalli has many choices that match various budgets and preferences. Good connection to major routes and nearby essential services boost its charm as a sought-after residential area in Bangalore.