Overview of Marathahalli, Bangalore

Location and Popularity

Marathahalli, found in Bangalore, is a highly desired location because of its strategic placement, superb connectivity, and modern amenities. It does not belong to Kanpur; it is part of Bangalore.

Property Price Trends

• Average Price per Sqft: The average price for properties in Marathahalli is around Rs. 10,072 per sqft, with prices as low as Rs. 1,099 per sqft.
• Price Range: Properties can be found in a broad price range of Rs. 5,000 to Rs. 20,442 per sqft.
• Year-over-Year Growth: Property rates have climbed considerably with a 26.01% increase over the past year.

Types of Properties Available

• Apartments: Multistorey apartments dominate, and the average price per sqft is about Rs. 10,044.
• Independent Houses: Less common but available in areas like Marathahalli Village.
• Villas: Luxury villas cater to higher-end clientele.
• Builder Floors: Found in a price range of Rs. 6,050 to Rs. 13,250 per sqft.

Rental Options

• Apartments: Monthly rents range from ₹12,000 to ₹70,000, depending on size and furnishings.
• Independent Houses: Rentals can reach Rs. 13 Lakhs per month.
• Commercial Properties: Office spaces, showrooms, and warehouses are also offered for rent.

Local Amenities and Infrastructure

• Connectivity: Excellent linkage with other Bangalore regions via key roads and public transport.
• Amenities: Shopping malls, schools, hospitals, and recreational spots are available.
• Societies: Notable residential societies include Novel MSR Park, Rohan Vasantha, and Puravankara Purva Fountain Square, providing various lifestyle facilities.

Price Appreciation and Investment

• Short-term Appreciation: Flat rates have increased by 30.6% last year and 34.6% over the past 3 years.
• Long-term Appreciation: Significant appreciation over 10 years, with land rates going up by 120.0%.
• Investment Potential: Owning and selling properties in Marathahalli are thought to be profitable due to continuous price appreciation and demand.

PropertyWala's Conclusion

Marathahalli in Bangalore is a desirable area for both buyers and renters because of its thriving real estate market, top-notch infrastructure, and strong investment potential. It offers a wide range of properties, from budget-friendly apartments to luxury villas, along with a notable rise in property values. This makes it a perfect option for people looking to invest in or find a pleasant, connected place to live. Nonetheless, it's important to stay informed with the latest market trends to make smart decisions.