[ecis2016.org] Once simply a far-off locality, Marathahalli has turned out to be an up-and-coming real estate hotspot in Bangalore
Many Bangalorians are seen opting for the Marathahalli pin code. Once a sedate village on the city outskirts, Marathahalli has been a key beneficiary of the IT revolution in India with Bangalore being its hotbed.
You are reading: Marathahalli real estate: All you need to know
Amid intense commercial development in the areas nearby, especially Whitefield and the launch of crucial infrastructure projects like the Outer Ring Road, the Marathahalli pin code has become a popular choice for office-goers looking for affordable, spacious homes close to the IT hub. So much so that rush-hour traffic snarls have become quite common in Marathahalli.
Considering the comparatively low price bracket within which you can purchase a property here, Marathahalli is also hot in the list of real estate investors. More so, because rents in this area have also seen considerable increase amid a spike in its popularity.
Marathahalli connectivity and infra
Situated at the intersection of the Old Ring Road and the Old Airport Road towards Bangalore east, Marathahalli is connected with the entire city through these roads. Marathahalli is easily accessible from localities like Whitefield, HAL, KR Puram, Electronic City and Banashankari.
Once counted as a far-off suburb, Marathahalli today has everything that makes up for a robust social infrastructure. With the area seeing tremendous residential growth, it now has several leading hospitals, educational institutions and shopping complexes.
Shopping complexes near Marathahalli
Coupon Mall
Cosmos Mall
Marathahalli Shopping Centre
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Saroj Square
Innovative Multiplex
Brookfield Mall
Inorbit Mall
Soul Space Arena Mall
Hospitals near Marathahalli
Medihope Super Specialty Hospital
Sakra World Hospital
Apollo Cradle
Educational institutes near Marathahalli
Sri Chaitanya School
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VIBGYOR High School
Ryan International School
Ekya School
Housing projects in Marathahalli
Marathahalli housing market is a common choice for those working in the nearby IT parks including Cessna Business Park, Prestige Tech Park, Salarpuria Hallmark, RMZ Ecospace and Embassy Tech Village. Some of the leading real estate projects in the area include Purva Fountain Square, Purva Riviera, Bren Avalon, SVS Palms and Rohan Vasantha Apartment.
To know more about new housing projects in Marathahalli pin code, click here.
Marathahalli property price range
Home to several flat-based and some villas-based projects, the locality primarily gets demand for mid-segment homes, priced between Rs 60 lakh and Rs 1 crore. Depending on the builder brand and exact location of the project, the rates of property in Marathahalli may run up to multiple crores.
Aside from many other factors, property prices in Marathahalli have undergone swift upwards movement in the recent past because of the fact that the area will also be connected through the Namma Metro via the ORR Metro Line. The line is expected to be operational in 2023.
Source: https://ecis2016.org/.
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Source: https://ecis2016.org
Category: Lifestyle