Localities in northern and eastern Bangalore are quickly climbing up the real estate ladder. The Outer Ring Road, Sarjapur Road, KR Puram, Whitefield, and Yelahanka are some of the localities which are catching the fancy of property seekers in Bangalore. Marathahalli is also a name that figures on this list. It is a suburb located in the south eastern part of Bangalore.
It คอนโดมือสอง กรุงเทพ lies in close proximity to areas such as KR Puram, Indiranagar, CV Raman Electronics City, Whitefield, HAL and Sarjapur Road. National Highway 7 and the Old Airport Road run through this locality. Connectivity and proximity to Information Technology hubs and major localities has played an important role in the growth of Marathahalli.
Marathahalli was once a quaint little village. Now the property prices here have appreciated by about 40 percent over the last 3 years alone. Property prices in Marathahalli rose to INR 3800 per square feet in 2010.
This price maintained till about the 3rd quarter of 2011 after which the prices dropped to about INR 3200 per square feet and remained in this region till about the 2nd quarter of 2013 when the prices started going up again. Just from the 2nd quarter of 2013 to the 1st quarter of 2014 the prices for properties such as apartments have appreciated by 36 percent.
As far as apartments in Marathahalli are concerned it's the 2 BHK flats which rule the roost. The most preferred budget range for these apartments falls between INR 30 to 40 lakhs. The most preferred unit size for these apartments is the 1001 to 1250 square feet range. This is followed by the 751 to 1000 square feet range. As far as 3 BHK apartments are concerned the unit size and the budget preference go up a bit. The most preferred unit size for these apartments is between 1250 to 1500 square feet with a budget that falls between INR 40 to 50 lakhs. This is followed by the 1000 to 1250 square feet range for a budget of INR 30 to 40 lakhs.
It is very easy to see why 2 BHK flats in Marathahalli are the most preferred apartment type in this locality. One of the major draws for this locality is that the fact that it is surrounded by IT hubs and lies in close proximity to several of them including Whitefield. In fact Whitefield is accessed via the Old Airport Road and is at a distance of 6 kms from Marathahalli. Besides this there is also a fair presence of IT companies here. Hence Marathahalli is one of the most preferred destinations for those who are working in the IT industry. 2 BHKs are generally preferred for rent by those who are working and families as well.
This micro market is not lacking in terms of social infrastructure either. There are many educational institutions of good repute here. There are also malls and other avenues for entertainment. All in all Marathahalli is one of the micro markets in Bangalore which one cannot go wrong with.
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