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Flats Under 5 Crore for sale in Balagere Panathur Road Varthur, Varthur, Bangalore
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About Properties In Balagere Panathur Road, Varthur, Bangalore for Sale
Overview of Varthur
- Varthur is a rapidly developing locality in the eastern part of Bangalore.
- This locality is a part of the wider Whitefield township and falls under the Bruhat Bangalore Mahanagar Palika (BBMP).
- Real Estate Market of Varthur comprises a good mix of IT Parks and Residential areas.
- Varthur is famous for its proximity to employment hubs, strong infrastructure, and fast-growing real estate.
- The historical Varthur Lake, a famous tourist place, is located in Varthur.
- Residents in Varthur benefit from lush greenery and a peaceful atmosphere.
- The growing residential areas and infrastructure upgrades attract real estate investors.
- The PIN Code of Varthur is 560087.
Varthur Residential Market Insights
- The average price of flats in Varthur is ₹ 12,500 per sq. ft.
- Varthur offers a variety of residential options from mid-segment properties to luxury residential areas.
- The average price of a 1 BHK flat in Varthur can range from ₹ 75 lakh to ₹ 1.40 crore.
- The average price of a 2 BHK flat in Varthur can range from ₹ 95 lakh to ₹ 1.60 crore.
- The average price of a 3 BHK flat in Varthur can range from ₹ 1.40 crore to ₹ 3 crore.
- The average price of a 4 BHK flat in Varthur can range from ₹ 2.30 crore to ₹ 4 crore.
- However, the final price of an apartment in Varthur will be influenced by its exact location, builder’s reputation, and type.
- Proximity to major IT Hubs and good connectivity nexus make Varthur a good rental location in Bangalore.
- The average monthly rental price for a flat in Varthur is ₹ 24,000 to ₹ 60,000.
Connectivity and Transportation In Varthur
- The nearest Railway Stations to Varthur are Carmelaram Railway Station and Whitefield Railway Station. Both of these are located within just 15-20 minutes of Varthur.
- Varthur enjoys good road connectivity, significantly benefiting the daily commuters.
- The major roadway of SH-35 passes through this locality, offering a vast road connectivity to the locals.
- Other important roads like Balagere Road, HAL Old Airport Road, and Sarjapur Road further enhance the connectivity in Varthur.
- Public transportation serves residents as a convenient travel option through options like Auto Rickshaws, Buses, and online Cabs.
- Kempegowda International Airport of Bengaluru is located around 1 hour and 25 minutes away from Varthur.
Social Infrastructure In Varthur
- Reputed hospitals in Varthur are Manipal Hospital, Infinity Health Care, Sahasra Hospitals, Ashirvad Hospital, Cloudnine Hospital & Pregnancy Centre, etc.
- Popular schools and colleges near Varthur are Roots Genius School, Carmel Teresa School, Narayana E-Techno Pu College, Hindustan Academy, etc.
- Malls near Varthur include Central Mall, The Forum Neighbourhood Mall, and Virginia Mall. They offer a wide range of shopping options to fulfill the diverse needs of the locals.
- Marketplaces near Varthur are DMart, Loyal City Hyper Market, Applebee's Grocery Store, More Supermarket, etc. They offer residents quick access to their daily necessities.
- Restaurants near Varthur are Restaurant Sri Chowdeshwari, Restaurant Brindavan Grand, Barbeque Nation, Imperio Restaurant, etc. These are known to offer locals a delectable dining experience.
- Hotels near Varthur are Hotel Transtree Whitefield, Ebenezer Suites, Hotel Ginger, Bloom Hotel, and Hotel Suraksha Stay. These are some of the hotels popular for offering highly comfortable accommodations.
Employment Opportunities In Varthur
- Varthur is known for its thriving presence of IT Hubs and proximity to other major employment hubs.
- Varthur Hobli comprises several top IT Companies, offering a vast scope of employment for the locals.
- Giants like ITPB, Sigma Softtech Park, RMZ Ecoworld, etc., operate from here.
- Head offices of several big companies, such as Wipro Technologies, PayPal, and Honeywell, are located at Doddakannelli in Varthur itself. This further boosts employment opportunities for the residents in Varthur.
- Varthur also has quick access to major commercial hubs like International Business Hubs of Bangalore (ITPB), Whitefield, ITPL, and Marathahalli.
Lifestyle In Varthur
- Varthur is a posh area and offers a convenient lifestyle in a peaceful living environment.
- Residents enjoy easy access to several important facilities, marketplaces, recreational places, and lush greenery. This makes Varthur a good place to live in, especially for those seeking a comfortable life.
- Varthur Lake, situated in Varthur, is one of the largest lakes in Bangalore and a popular tourist attraction in this locality.
- Nallurhallu Lake is another famous tourist spot located just 6 km from Varthur.
- There are many green spaces, including gardens and parks in Varthur, allowing residents to enjoy nature and pleasant surroundings.
Safety and Security In Varthur
- Varthur is considered one of the safest locations in Bangalore. ‘
- There are several police stations in Varthur that are located within easy reach of locals.
- Police rounds are conducted regularly to ensure the safety of the residents is maintained.
Development and Future Prospects In Varthur
- The upcoming Varthur station on the Parijaata Rail Line is just 5 km from Whitefield and is expected to benefit the daily commuters in this region significantly.
- This upcoming suburban railway route is set to connect Varthur to Kengiri station.
- The civic body has solid plans to redevelop the significant Varthur Lake, restoring the scenic beauty of the locality.
Cultural and Community In Varthur
- Varthur offers a diverse and vibrant community. ‘
- With the presence of various work hubs in the vicinity of Varthur, the locality attracts people from different places. This has resulted in a diverse population in Varthur.
- Several religious places in Varthur are Chokkanathaswamy Temple, Chikka Tirupati Temple, and ISKCON Temple.
Environmental Factors In Varthur
- Varthur is home to an abundance of greenery and offers natural surroundings.
- Gardens and Parks in Varthur are Children's Park, Vegetable Garden, Garden of Samskaras, Nallurhalli Park, Kundalahalli Lake Tree Garden, etc. These green spaces also contribute to the tranquil, pleasant environment in Varthur.
- The significant natural attraction in Varthur, like the famous Varthur Lake, adds to the scenic beauty in the locality.
- The air quality in Varthur is considered fair, considering rapid developments in the locality.
Flat Configuration In Varthur
- Varthur offers flat configurations of 1 BHK, 2 BHK, 3 BHK, and 4 BHK.
- 2 BHK is the most preferred flat configuration by homebuyers in Varthur.
- Besides apartments, Varthur also offers housing properties like Villas, Farm Houses, Independent Floors, Independent Houses, and Land.
- Some developers offer bare shell units, allowing ease in customization and design flexibility to the homebuyers.
Property Price Growth In Varthur
- Properties in Varthur have experienced a YOY price appreciation of 6% approx.
- In the last 3 years, property price growth in Varthur has been over 100% approx.
- The ongoing rapid developments, connectivity improvements, and modern upgrades are expected to significantly increase the property values in Varthur.
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