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Marathahalli is a locality in the eastern part of Bangalore, located close to Brookfield, Kadubeesanahalli, Munnekollal, and Kaggadasapura. Being located near the IT Parks, Whitefield, Sarjapur Road and the Outer Ring Road, it has seen very good dev...elopment in recent years.
The intersection of Varthur Road and the Outer Ring Road has made it a hotspot. Marathahalli has got good schools, hospitals, shopping malls, restaurants and Innovative Multiplex, which was the first multiplex in Bangalore.
The IT companies put up in neighborhoods like Whitefield and Outer Ring Road attract working professionals to Marathahalli to live either on rent or buy apartments. Looking at the demand for the residential and commercial space, many builders have started their projects here .People who have invested here has got good returns on their investments. This locality will definitely see significant growth and ROI, and investors are likely to enjoy between 10 to 12% returns.
Average apartment prices in this locality range from Rs. 3500/- to 5500/- per sq. ft. Average land prices are Rs. 5000/- to 10000/- per sq. ft. Major builders in this area include Puravankara Projects, Alpine Housing Development Ltd., HM Constructions, Rohan Builders India Pvt. Ltd., SVS Constructions, NCC Urban Infrastructure, BM Developers, and DS Max Properties Pvt. Ltd. The growth rate in this area is 10%.
Stamp Duty is 5%, Registration Fees are calculated at 1%
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