Investing in an apartment in
Marathahalli of Rs 40 lakh can gain a rent of Rs 16,000 to 17,000 each month.
The locality is the top grosser at 4.94 percent in terms of per annum yield in
Bangalore.
Investors benefit is not
just a high rental returns, but the locality will also be able to manage a 9
percent of growth rate during July-September 2013 quarter.
Let us check why
Marathahalli stands on the top in high performing localities in the city. First
of all Marathahalli is located close to Outer Ring Road. When you move to Outer
Ring Road, you can come across the entire major cities. As Outer Ring Road is a
Signal free road it is the biggest advantage for this locality. It is hardly
1-2 km from Marathahalli.
The 6 lane railway over
bridge begins from Marthahalli Junction and enters to Kundalahalli area and HAL
Airport Road. The closeness to areas such as HSR Layout, Whitefield and KR
Puram drives through property values in the locality.
Sometimes it would be
reasonable to purchase an apartment in Marthahalli than Whitefield. Whereas a
size of 1,000 sq.ft. Apartment is available at Rs 40-45 lakh in Marathahalli
but the same size apartment shall be sold at Rs 40-45 lakh. Now it’s left to an
investor whether he chooses big apartment in Marathahalli for the same cost or
save 10% of his funds.
But the question is whether
the locality has enough number of properties. Yes in this case Marathahalli is
a purchasers market. In this area there are 20 new projects under progress.
There are many real estate developers who are going to start up with
multi-storey projects.
As Marathahalli is one of the well know
locality in Bangalore and it is surrounded with IT hubs, hospitals, shopping
complex schools and engineering colleges for the benefit of the residents.
Anyone who has a dream of buying or constructing a house in Bangalore sure will
buy a plot in Marathahalli for his benefits.
Many promoters are coming to
construct houses in this area with salient features. As there are many IT
companies around Marathahalli, due to which there is a high demand for rented
house in the locality. The locality also sees hike in rental prices.
Marathahalli
has developed towards concrete locale due to which margin for rental and sale
value has increased significantly. The benefit to invest in Marathahalli is due
the unparalled connectivity of Outer Ring Road.
Marathahalli is the central
location in Bangalore where there is ever demand for the land for the features
it contains. Compared to other areas of the city Marathahalli stands top most
of the localities. People who invest in Marathahalli for buying a plot or
constructing an apartment gains good profit.
Plots in Marathahalli are
almost of A Katha type, this will help the buyer to get easy loans from banks. It
would be a good idea to invest in a place like Marathahalli which offers decent
living in a best house. Because investing in Prime location can double the
amount in short period of time and can gain high profit without no loss.
Most people prefer
Marathahalli to build or buy their dream home, as it is near to IT companies,
Super markets, Shopping Complex, Restaurants, Multiplex etc. Due to which the
demand for rented house has also increased in this locality. Due to Outer Ring
Road people reach to their place very fast without any traffic signal.
Rental value in Marathahalli
has increased by 20 percent and expected to rise more in future due to demand
that exceeds supply. As this area is calm, quiet and near to IT companies many
individuals prefer to live in this locale. As it is near to Tech parks and IT
hubs, the location has become famous for IT population.
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