Overview of Margondanahalli, Bangalore

Margondanahalli, part of Bangalore’s eastern region, is a thriving neighborhood offering convenience, affordability, and a serene lifestyle.

Strategic Location

• Right next to the Central Business District, key for property development.
• Adjacent to popular areas like Krishnarajapura and Rammurthy Nagar.
• Well-connected via the Outer Ring Road.
• Near major IT zones like Whitefield and Manyata Tech Park, great for professionals.

Amenities and Facilities

• Various schools, including Diamond International School.
• Health services and shopping at Phoenix Marketcity.
• Channasandra Railway Station and Baiyappanahalli Metro Station provide transport links.
• Several parks and lakes for a calm, natural setting.

Property Market

• Price Range: Properties start at Rs. 4,380 per sqft; average price Rs. 6,543 per sqft.
• Property Types: Flat, independent house, villa, plots. Rental options: 1 BHK, 2 BHK, 3 BHK.
• Budget Segments: Ranges from under 20 lakhs to over 2 crores.

Lifestyle and Community

• Family-Friendly: Quieter compared to downtown, good for families.
• Community: Cozy neighborhood feel due to smaller size, making it easier to be part of the community.
• Natural Environment: Lakes and forests around, providing peaceful escape from city life.

Infrastructure and Development

• Public Transport: Somewhat available but could better serve the population growth.
• Utilities: Reliable electricity, water, and internet.
• Roads and Maintenance: Some road maintenance needed. Expected improvements with Bangalore’s expansion.

Rental Options

• Affordability: Rents range from ₹10,000 to ₹45,000 per month depending on property type and size.
• No Brokerage: Numerous rental houses without brokerage costs.

PropertyWala’s Conclusion

Margondanahalli in Bangalore stands out as a great option for buyers and renters. Its strategic spot, amenities, and affordable prices make it appealing. Potential for more developments paired with a peaceful and natural ambiance makes it wise to invest or live here. Whether you seek a budget-friendly option or a fancy home, Margondanahalli provides many choices meeting different needs.