Marathahalli the next investment hotspot

The locality of Marathahalli got its name when the fighter plane Marut crashed into this area. Back then, it used to be a small village in the outskirts of Bengaluru. When the IT industry in Bengaluru exploded, Marathahalli was transformed overnight into a self-sufficient region. Interestingly, the locality is a residential, commercial as well as an industrial hotspot of Bengaluru. Bangalore has seen much of the evolution over the past two decades and with growing number of IT companies and commercial establishments the population in Marathahalli locality is also gradually increasing. As population increases the infrastructural needs also should be increased to meet the demand of the people. Excellent connectivity, good schools and colleges, hospitals in proximity, stores and other utility based shops are some of the social and civic utilities that an area demands to deem itself as a developed locality with possible investment growth. Marathahalli is no less in providing all of this. Marathahalli is well connected to the IT hubs of Whitefield and Electronics City and upcoming residential markets such as the Outer Ring Road and Sarjapur Road. Residential project-wise, the real estate market in Marathahalli is booming. Because of its proximity to the IT hubs like ITPL, Sarjapur-ORR and Whitefield, many IT professionals working in these places choose the locality of Marathahalli to rent or buy.

The locality is about 45 km away from the airport, and there are regular buses throughout the day from the Marathahalli bridge bus stop that travel all the way up to the airport. The closest railway station is the K.R. Puram Railway Station which is about 14 km away from here. The other preferred mode of public transport around the locality are cabs and autorickshaws. Marathahalli has seen rapid development in real estate over the past two decades but infrastructure growth has not kept pace with this. The main factor behind the development of this once sleepy village is the growth of IT hubs around Marathahalli. Professionals working in ITPL, Whitefield, and Sarjapur-ORR prefer to live here, thereby resulting in residential growth in the locality. This can be due to various reasons.

Looking at the diverse market at Marathahalli many builders are offering a varied platter of developments topic from. When a prospective home-buyer is looking to invest in houses in Marathahalli, this area seems very lucrative for its size and cost-effective option. People preferred Marathahalli over Whitefield because prices here are almost 10 per cent lower than the latter. Another advantage of the realty market in Marathahalli is its proximity to the Outer Ring Road. The Outer Ring Road connects different parts of the city instantly and it is an added advantage to be living close to it, as it brings down the commuting time considerably. In the initial days many developers came up with Villas in Marathahalli to promote the area and these are a huge hit amongst locals. Infrastructure in Marathahalli has seen rapid development in the last decade and this is sure to help with the further growth of this locality.

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