Marathahalli well connected to IT hubs, residential mkts

Marathahalli is a locality situated in the south eastern part of Bangalore. Once a village, this suburb was transformed into the real estate hub it is today after the Information Technology boom experienced by the city. The development of the Outer Ring Road has also aided this micro market’s real estate growth.

>> The National Highway 7 runs through Marathahalli

>> Besides NH 7, the Old Airport Road and the ITPL Road also serve as good connectors for this locality

>> The ORR serves as another great connector

>> ORR is a signal free stretch that allows those living in Marathahalli traffic free access to most parts of Bangalore

>> The international airport is located at a distance of 46 kms from Marathahalli through the ORR and Bangalore Hyderabad Highway

>> The nearest railway station from Marathahalli is located at KR Puram which is at a distance of 11 kms from this micro market

>> The going rate for properties with all basic amenities such as 2 BHK flats in Marathahalli falls anywhere between INR 4000 to 5500 psft

>> The pricing for plots for sale in Marathahalli falls between INR 3500 to 5000 psft

>> Villas in this locality are priced between INR 5700 to INR 9400 psft depending on the project specifications and amenities offered

>> The rental rates fall between INR 15000 to 20000 for a 2 BHK apartment in Marathahalli with basic amenities

>> About 75% of the projects present in Marathahalli are apartments while about 19% are individual houses

Source: http://www.moneycontrol.com/news/real-estate/marathahalli-well-connected-to-it-hubs-residential-mkts_1165114.html