Marathahalli has undergone a great transformation in the last few years. Due to the growth of the IT trade in Bangalore, this locality has evolved from being a sleepy little hamlet at the outskirts of Bangalore to being an extremely busy real estate micro market with commercial, residential and retail projects coming up at every corner. This transformation has made Marathahalli an amazing investment destination in Bangalore real estate, with rich returns promised due to a burgeoning growth in the market. Not only is Marathahalli a great investment location, but it is also a great market for end users who have a slew of projects at their disposal to choose from. Marathahalli has affordable projects which offer 2 BHK apartments from Rs 30 lakhs and at the same time it has high-end luxury projects which can cost up to Rs 2 crores. So depending on your income group and preference, it is possible to choose from a wide spectrum of projects.
Marathahalli has attained this status due to a number of factors – good infrastructure, availability of health and educational institutions and most importantly, unparalleled connectivity to other parts of Bangalore. Because of its close proximity to the Outer Ring Road, Marathahalli is well connected to most of Bangalore – from Banashankari to Hebbal. For people working in the IT hubs of Whitefield and Electronic City, Marathahalli is a much favored location to settle down. It is close to NH 7 as well, which is also a cause for the area receiving a lot of attention from investors.
Compared to some other micro markets in Bangalore, Marathahalli is relatively affordable. Property prices in Marathahalli average between Rs 3,500 to Rs 5,500 per square feet. From an investment point of view, these rates are very attractive, even more so because it is possible to garner a healthy rental income from the investment. Rental rates in Marathahalli vary between Rs 15,000 to an astounding Rs 60,000 for high end properties. Thus, for investors looking for healthy returns, Marathahalli is an ideal location to invest in.
Marathahalli is fast becoming the most lucrative real estate location in Bangalore, thanks to its great location, connectivity, social and physical infrastructure. Investments in this area are shooting up and hopefully this will force the authorities fix some of the problems that Marathahalli faces like traffic congestion and reliance on bore well water. Expect Marathahalli to perform even better once these problems are fixed!