Property in Marathahalli
Marathahalli is a suburb of Bangalore, named after Marut, a fighter aircraft that met with an accident in this area. Once a poorly developed village on the outskirts of city, Marathalli transformed into a self-sufficient township mostly due to the IT/ITES boom and its close proximity to HAL Airport, Whitefield, Electronic City and Sarjapur. The of Bangalore that passes through Marathahalli is considered an extension of the city. A large number of supermarkets, cloth stores, shopping malls and other shops can be found in the area, offering products at a much cheaper rate as compared to the rest of the city. The very first multiplex of Bangalore, plex, is also located in this area. There has been a considerable surge in the demand for residential properties in Marathahalli because of its excellent connectivity and developed infrastructural facilities.
Marathahalli is known for its good network of roads and public transportation system. It is located approximately 20 kilometres from Bangalore city and is close to Koramangala, Sarjapur, Belandur and Domlur. Marathahalli also has better means of public transportation system as from here BMTC buses are operational to all the major areas in city. The passing through Marathahalli is one of the busiest roads in this locality and makes it accessible to other areas of Bangalore. Further, a 6-lane railway over bridge located near Marathahalli junction connects Kundalahalli with HAL Airport Road. Nearest railway stations to this area are located in Whitefield and Carmelaram. The old airport and the new international airport situated near Devanahalli is located approximately 45 kilometres from Marathahalli. This area is about 5 kilometres from the Technology Park and offices of companies such as Wipro and JP Morgan. More IT professionals are seen renting out space here to pursue necessary work opportunities hence resulting in demand for residential properties in .Hotels
An eminent corporate hub, Marathahalli is also situated close to several significant landmarks of Bangalore. As such, there are a number of hotels in the area offering suitable accommodation to both business and leisure travellers. Some of these include Park Plaza, The Orange Hotel, Hotel Dolphin, Grand Homes, Country Club International and Spree Hotels.Educational Institutions and Hospitals
Marathahalli has several reputed schools and educational institutions. Some of these include Navaparjana Public School, S J R Polytechnic, Sikkim Manipal University, Kids Campus and SunKids Play School. Some of the hospitals in the area are Vasan Eye Care Hospital, New Akshay Mallya Hospital, Jeevika Hospital and Yashomati Hospitals Pvt Ltd.
Real Estate in Marathalli
Marathahalli is increasingly becoming a preferred location to live because of its excellent connectivity. It offers well-developed infrastructural facilities and also houses several shopping centres, hospitals and schools. A total of 38 projects are under construction in Marathahalli by leading builders like Group, Developer, Chourasia Group, Pranava Avenues and Group. Some of the important projects in Marathahalli include Prestige IVY Terraces, Developers Palladian, Developers Chourasia , Pranava Avenues Guitar, Group flora and Infra Tejyesh. Average apartment price in Marathahalli is Rs. 4,410 sq. ft. and typical built up area varies from 785 sq. ft. to 9800 sq. ft. wherein 20 projects are due for possession in 2014. Excellent connectivity with Bangalore and quality construction of property in has led to increased investment by homebuyers.
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