Overview of Murugesh Palya, Bangalore

Location and Infrastructure

Murugesh Palya is a part of Bangalore, featuring a strategic place and developed infrastructure. You get it close to prominent roads and spots like Old Airport Road, Kempfort Mall, and Wind Tunnel Road. That makes it a top choice for those looking to buy or rent.

Property Prices

For Sale:

• The starting price for homes in Murugesh Palya begins at around ₹ 55.00 lacs.
• The average price hovers around ₹ 93.29 lacs.
• The price range stretches from ₹ 55.00 lacs to ₹ 1.35 crore.
• If figured per square foot, prices start at ₹ 5,428 up to the fancy ₹ 46,153 per sqft.

For Rent:

• Rental prices vary for 1 BHK flats, ranging from ₹10,000 to ₹ 27,900 monthly.
• 2 BHK flats come with a rental cost between ₹27,000 to ₹45,000 per month.
• 3 BHK flats are up for rent from ₹35,000 to ₹ 70,125 per month.

Property Types

• Apartments: Available in 1 BHK, 2 BHK, 3 BHK, and the fancy 4 BHK[5>.
• Builder Floors and Villas: From semi-furnished to fully furnished properties.
• Plots: Options also exist for those planning to construct their dream homes.

Amenities and Facilities

• Residential Complexes: Come with amenities like car parking, 24/7 security, central air conditioning, gas connections, and wardrobes.
• Proximity to Amenities: This area is near shopping malls, schools, hospitals, and other essential services.

Market Trends

• Price Trend: Property prices here have steadily gone up the last six months and the last year with a 15.83% increase year-over-year.
• Investment Potential: Due to increasing property values, buying or selling properties in Murugesh Palya now could actually be pretty profitable.

Popular Projects and Localities

• Projects: Include Prestige Casablanca, IBC Golden Enclave Apartments, and RIFCO Santosh Apartments.
• Nearby Localities: Connected well to spots like HAL Layout, K R Garden, and Rustam Bagh Layout.

PropertyWala's Conclusion

Murugesh Palya in Bangalore boasts a promising real estate scene, regardless if you're thinking to buy or rent. With its strategic location, robust infrastructure, and many property types available, it covers a variety of needs and budgets. The upward price trend and access to modern amenities make it attractive for both investors and residents. It's wise to check out the latest price trends and think about the specific features of properties in the area before making any decisions.