Locality Overview

Bangalore's area off M.G. Road is a popular spot. It's known for its prime location, vibrant neighborhood, and great connectivity.

Location and Connectivity

• This spot lies in Bangalore's Central Business District (CBD). It's near famous places like UB City, Mayo Hall Metro Station, and numerous shopping and entertainment centers.
• There's fantastic connectivity via metro, buses, and other public transport. It's easy for residents and commuters alike.

Property Types and Pricing

Residential Properties

• Apartments: Offered in several layouts: 1 BHK, 2 BHK, 3 BHK, 4 BHK, and luxurious duplexes. Prices range from ₹3.6 Cr to ₹9.5 Cr.
  • Examples include properties in Nitesh Logos, Gold Craig, Midford House, Nitesh Broadway, and Prestige Meridian Apartments.
• Villas: Also available, pricing from ₹90 Lac to ₹1.58 Cr.

Commercial Properties

• Office Spaces: Pre-leased commercial and retail spaces. Ideal for corporate offices, hotels, restaurants, and retail development. Prices from ₹2.11 Cr to ₹9.5 Cr.
• Land: Commercial land available in various dimensions for different types of development.

Price Trends

• The average price per square foot in this area is about ₹19,147, with a starting cost of ₹19,622 per square foot. Property rates have grown by a remarkable 23.34% each year.

Amenities and Facilities

• Homes in this area typically include modern amenities such as power backup, security, parked car spaces, and fully furnished interiors. You also get gyms, pools, and community areas.

Rental Options

• Rental choices range widely:
  • 1 BHK Flats: ₹22,900 - ₹40,950 per month
  • 2 BHK Flats: ₹17,625 - ₹1.2 Lakh per month
  • 3 BHK Flats: ₹75,000 - ₹2 Lakh per month
  • 4 BHK Flats: ₹1.6 Lakh - ₹3.9 Lakh per month.

PropertyWala's Conclusion

The area off M.G. Road in Bangalore is home to a diverse selection of real estate. From upscale apartments and villas to commercial spaces and land for sale. It's highly accessible, and its modern amenities make it a great choice for homeowners and renters. With a significant yearly increase in property rates, this locality is also a profitable investment. But, carefully reviewing market trends and prices is key for a wise decision.