Once a quiet village, Marathahalli has transformed into a bustling locality in Bangalore, attracting investors, homebuyers and renters alike. Its strategic location coupled with impressive infrastructure development and proximity to the major IT hubs, makes the area a potential choice for investment. In this article, 99acres discusses the suburb’s unique connectivity, upcoming infrastructure, and return on investment, among others to know if Marathahalli in Bangalore could be a property investment option.
Where does Marathahalli stand in Bangalore's property market?
A prominent eastern suburb, Marathahalli is situated along NH-44 in Bangalore. It is strategically located near the major IT hub of Whitefield, Eco Space, and International Tech Park Ltd (ITPL), within a driving distance of about 25-30 minutes.
The locality is seamlessly connected to several parts of Bangalore by Outer Ring Road (ORR), Sarjapur Main Road, and Marathahalli Main Road. Located about 8 km away, KR Puram Railway Station on Chennai Central-Bangalore City Line caters to the locality. Besides, Marathahalli can be easily accessed by the Bengaluru Metropolitan Transport Corporation (BMTC) buses.
Notably, Marathahalli is a mid to premium-budget locality with an ample supply of 2BHK and 3BHK apartments, followed by villas and plots. The IT hub in its vicinity makes the area an ideal residential location for IT professionals.
Upcoming infrastructure in Marathahalli
The under-construction Namma Metro Phase 2A (Central Silk Board - KR Puram), which will pass through Marathahalli is expected to significantly improve the locality’s connectivity with other parts of Bangalore. The work-in-progress of the Chennai-Bangalore Expressway project is also likely to provide efficient intra-city connectivity to Marathahalli residents.
Also, travelling to the airport and employment hubs would become more convenient with the proposed metro stretch connecting MG Road to Hope Farm via Marathahalli. The upcoming elevated road over the Silk Board Flyover to connect ORR will contribute to reducing traffic congestion in the area.
Return on investment in Marathahalli
Marathahalli’s property price has moderately appreciated over the years due to its connectivity, location, and real estate growth potential. This micro-market offers varied housing options including apartments and villas. The area has registered over 30 percent price appreciation since last year. Current listings on 99acres show that the average property price is around Rs 8,800 per sq ft. This makes it a potential investment option for investors.
| Marathahalli, Bangalore property market trends | |||
|---|---|---|---|
| Average Price | Last 1 year | Last 3 years | Last 5 years |
| Rs 8,800 per sq ft | 31.3 percent | 35.4 percent | 35.4 percent |
Disclaimer: The above price trends and average property price are based on the 99acres listings as of August 2024.
Here is the price range of flats in Marathahalli:
- 2BHK in Marathahalli: Rs 65 lakhs – Rs 1.68 crores
- 3BHK in Marathahalli: Rs 1.04 crores – Rs 3.02 crores
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Popular projects and builders in Marathahalli
Marathahalli is undergoing noticeable real estate development by real estate majors, including:
| Popular projects and builders in Marathahalli | |
|---|---|
| Popular builders | Popular projects |
| Prestige Group | Prestige Green Gables |
| Divyasree Developers | Divyasree 77 East, Divyasree 77 Degree Place |
| Mana Projects | Mana Charisma |
| Vaswani Group | Vaswani Whispering Palms, Vaswani Tranquil |
| Sree Harsha Developers | Harsha Krishna Infra Apartments |
| Bren Corporation | Bren Splendor, SJR Splendor |
With consistent property value appreciation due to its proximity to IT hubs and supported by robust road and rail connectivity with other parts of Bangalore, Marathahalli stands out as a possible investment opportunity for those looking to invest in Bangalore's dynamic real estate market.
