Overview of Maruthi Nagar, Bangalore

Location and Connectivity

Maruthi Nagar is a residential sub-locality in the southern part of Bengaluru, nestled between Madiwala and BTM Layout. It boasts excellent links through major roads: Hosur Road, National Highway 44, Chocolate Factory Road, and Maruthi Nagar Main Road. You’ll find it near key transportation hubs like the Jayanagar Metro Station (around 5 km) and the Bangalore City Railway Station (about 10 km).

Property Types and Rates

Maruthi Nagar provides a mix of housing options: single-family homes, apartment buildings, and co-living spaces. Let’s look at some basic points:

• Average Price per Sqft: Expect properties here to average ₹10,721 per sqft, ranging from ₹4,388 to ₹15,687 per sqft.
• Configurations: You can find 1 BHK, 3 BHK, and 4 BHK apartments and independent houses.
• Rental Values: Renting an affordable property averages ₹19,000/month; for premium properties, it’s usually more than ₹25,000/month.

Amenities and Facilities

Maruthi Nagar has great infrastructure and plenty of amenities:

• Educational Institutions: It is home to several schools and colleges, including Sri Venkateshwara Educational Institutions, Indian Institute Of Psychology & Research, and St. John'S Medical College.
• Healthcare: Hospitals like Spurthy Hospital, Shobha Hospital, and Health India Hospital are nearby.
• Shopping and Dining: Shopping centers, supermarkets such as Swaraj Hyper Market and Mythri Mart, alongside numerous restaurants and eateries, are available.
• Outdoor Spaces: Parks, lakes, and recreational spots like Lalbagh Botanical Garden and Banerghatta Biological Park surround the area.

Infrastructure and Lifestyle

• Transportation: The area offers solid public transport connections with buses, metro lines, auto-rickshaws, and cab services.
• Culture and Community: Known for its vibrant culture and cosmopolitan atmosphere, it’s welcoming for diverse cultures and lifestyles.
• Environmental Conditions: Compared to other parts of Bengaluru, Maruthi Nagar stands out for its lesser environmental pollution, enhancing the quality of life.

Investment and Rental Insights

• Growth Potential: Property rates in Maruthi Nagar have a steady rise, with year-on-year growth of 1.84%, promising returns for both buys and sells.
• Rental Demand: Lots of students, single-working professionals, and families favor this area due to its proximity to IT hubs like Whitefield and Electronic City, plus excellent connectivity and amenities.

PropertyWala's Conclusion

Maruthi Nagar stands out for buyers and renters alike with its strategic location, solid infrastructure, and abundant amenities. It offers many property options to match different budgets and preferences, along with good connectivity and a vibrant community. With steady growth in property prices and high demand, it’s an appealing option for those seeking to invest in or live in a well-developed and convenient part of Bengaluru.