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About Properties In Marathahalli, Bangalore for Sale
Overview of Marathahalli
- Marathahalli is an eminent locality situated in the eastern part of .
- It is emerging as a popular residential destination, offering a range of housing options.
- Marathahalli is famous for its excellent proximity to major IT Hubs, good connectivity nexus, and social infrastructure. These factors drive strong real estate growth here.
- Being adjacent to National Highway-44, Marathahalli offers seamless road connectivity.
- It is home to the HAL (Hindustan Aeronautics Ltd.), a major Indian Aerospace and Defence Company.
- This locality provides a vibrant, lively, and safe environment, allowing good livability.
- The upcoming metro connectivity in Marathahalli will boost the real estate market here.
- The PIN Code of Marathahalli is 560037.
Marathahalli Residential Market Insights
- The average price of a flat in Marathahalli is ₹ 9,000 per sq. ft.
- Marathahalli is a posh area and a sought-after residential market that offers a range of apartments at premium rates.
- The average price of a 2 BHK flat in Marathahalli can range from ₹ 72 lakh to ₹ 1.40 crore.
- The average price of a 3 BHK flat in Marathahalli can range from ₹ 1.10 crore to ₹ 2.50 crore.
- The average price of a 4 BHK flat in Marathahalli can range from ₹ 2.30 crore to ₹ 5.20 crore.
- The final price of apartments may differ depending on various factors like the developer, type of property, available amenities, and location. The luxurious properties with spacious square feet will cost more than the estimated price range above.
- Situated within good proximity to major IT Hubs and Commercial areas, Marathahalli attracts many renters, especially working professionals.
- The average monthly rental price of a flat in Marathahalli is around ₹ 8,000 - ₹ 50,000.
Connectivity and Transportation In Marathahalli
- The nearest Railway Station to Marathahalli is KR Puram Railway Station on the Chennai Central-City Line. It is around 8 km away from Marathahalli and serves the locale with good rail connectivity.
- The nearest Metro Station to Marathahalli is Kundalahalli Metro on the Purple Metro Line. It is around 6 km away and connects Marathahalli to Whitefield and Challaghatta.
- Another Metro Station close to Marathahalli is Trinity Metro on the Purple Metro Line. It is around 10 km away from this locality. These offer travel convenience, especially to the daily commuters.
- A dedicated Metro Station of Marathahalli is soon coming up, which will offer connectivity between Central Silk Board and KR Puram.
- Marathahalli enjoys excellent road connectivity via major roadways like National Highway-44, HAL Old Airport, Marathahalli Main Road, Marathahalli Bridge, and Outer Ring Road.
- The Marathahalli Main Road provides a seamless connection to popular landmarks like ITPL (International Tech Park Bengaluru) and Whitefield IT Hub.
- Public transportation mediums, including Buses and Rickshaws, serve as a convenient travel option to locals.
- The BMTC (Bengaluru Metropolitan Transport Corporation) Buses provide easy access towards the Airport and Employment Hubs.
- Kempegowda International Airport (Airport) is approximately 38 km away from Marathahalli via the New Airport Road.
Social Infrastructure In Marathahalli
- Prestigious Hospitals near Marathahalli include Radha Multispeciality Hospital, Sri Vishweshathirtha Memorial Hospital, Vydehi Hospital, Sri Sathya Sai Super Speciality Hospital, and Sakra World Hospital. These are popular for quality healthcare facilities.
- Reputed Educational Institutions near Marathahalli are GJR International School, Genius Global School, MVJ International School, Hindustan Academy, Indian School of Business and Computing, CMR National PU College, and CMR Institute of Technology.
- Malls near Marathahalli are Central Mall, Brookefield Mall, and Soul Space Arena Mall. They offer a good variety that fulfils the diverse shopping needs of the locals.
- Marketplaces near Marathahalli include Max Shoppee Super Market, Carrymart Super Market, Srinidhi Mart, Minimax Supermarket, etc. These serve residents as a super convenient option for daily essentials.
- Hotels near Marathahalli include Radisson Blu Hotel, Hotel Nevesa Inn, Icon Suites, The Liverpool Hotel, Twenty Four Hotel, Novotel IBIS Hotel, etc. These are some of the top-rated accommodations near the locality.
- Indian Defence Company, Hindustan Aeronautics Ltd. (HAL) is situated in Marathahalli.
- HAL Heritage Centre and Aerospace Museum is a major landmark in Marathahalli.
Employment Opportunities In Marathahalli
- Marathahalli is known for the presence of a plethora of employment opportunities, including well-known IT Hubs and Commercial Spaces.
- Marathahalli is situated next to the thriving IT Hubs of Bellandur and Mahadevapura.
- Various Commercial Parks located within proximity to Marathahalli include Global Technology Park, Prestige Tech Park, Helios Business Park, and Aurbis Business Park. These are located barely 5 km away from Marathahalli.
- Renowned IT Hub in Whitefield, is just a 20-minute drive from Marathahalli. It significantly boosts the employment scope for the residents.
- Famous Industrial Hubs of Hoodi and Mahadevpura and Hoodi are at a distance of 8 km from Marathahalli.
- Another major Employment Hub, Bagmane Tech Park, is around 8 km from Marathahalli.
Lifestyle In Marathahalli
- Marathahalli offers a sophisticated and lively lifestyle to its residents.
- Marathahalli, being a thriving employment hub, is home to many working professionals.
- The presence of strong infrastructure, good connectivity, and a pleasant living environment makes Marathahalli a good place to live in for homebuyers and a good investment option for real estate investors.
- Marathahalli houses the famous HAL Heritage Centre and Aerospace Museum, attracting many visitors.
- There are many gardens and parks in Marathahalli, allowing residents to relax, refresh, and unwind in open green spaces.
Safety and Security In Marathahalli
- Marathahalli has sufficient street lighting and regular police patrolling, making it a safe place in East .
- There are several police stations located within easy reach of the locals, ensuring the security of the residents is well-maintained.
Development and Future Prospects In Marathahalli
- A dedicated Marathahalli Metro Station on the under-construction Metro Phase 2A will significantly boost the connectivity of this area. This Metro Phase 2A will provide a connection between Central Silk Board and KR Puram.
- The major upcoming development of Marathahalli Railway Station on the Kanaka Line of Suburban Railway will run between Heelalige and Rajankunte.
- The in-progress Peripheral Ring Road will enhance connectivity via National Highway-44.
Cultural and Community In Marathahalli
- Marathahalli is an attractive location for a diverse population, including both business-related people and families.
- Several religious places near Marathahalli are Anjaneya Swamy Temple, Sri Lakshmi Temple, Shiva Temple, and Ghati Subramanya Temple.
Environmental Factors In Marathahalli
- Marathalli has a pleasant and peaceful living environment.
- Several gardens and parks in and around Marathahalli include GBJ Park, Atal Bihari Vajpayee Park, H.A.L. Sadbhavana Park, Hanuman Park, Nisarga Park, Kadugodi Tree Park, Prabha Park, and Defence Colony Children's Park. These contribute to the greenery in the surroundings of Marathahalli.
- Some Recreational Places and Natural Attractions near Marathahalli are Varthur Lake, Panathur Lake, Kundalahalli Lake, Big Banyan Tree, Lalbagh Botanical Garden, Tipu Sultan's Summer Palace, Bugle Rock Park, Shri Ranadheera Kanteerava Park, and many others. These offer residents quality leisure time and rejuvenation.
- The air quality in Marathahalli is fair, considering ongoing developments in the region.
Flat Configuration In Marathahalli
- Marathahalli offers flat configurations like 2 BHK, 3 BHK, and 4 BHK.
- The area is mainly dominated by 2 BHK and 3 BHK apartments.
- 2 BHK is the most preferred flat configuration by homebuyers in Marathahalli.
- Other housing properties in Marathahalli include Villas, Independent Floors, Farm Houses, Independent Houses, and Plots.
- Some bare shell units are also available in Marathahalli, offering easy customisation and flexibility to the homebuyers during the apartment designing.
Property Price Growth In Marathahalli
- Marathahalli has experienced a YOY price growth of approximately 3%.
- In the last 3 years, the property price growth has been around 45% approximately.
- The upcoming major developments, including the metro connectivity, emerging residential projects, and infrastructural improvements, are expected to further increase the property values in Marathahalli.
- These upgrades and developments in this locality will also result in significant growth in the real estate market of Marathahalli.