Marathahalli, not a halli anymore!
Marathahalli and the surrounding areas has seen a quiet rise in realty market in recent times.
The place can not be termed as a “village” (halli) anymore as it is filled with opportunities as per real estate point of view!
There has been a boom in residential as well as commercial spaces in the area with rents growing up from as less as Rs 200 to Rs 25000 per month.
The apartments in the area has seen a price appreciation from Rs 2,800 to Rs 5,500 per square feet depending on the facilities provided.
According to a research by Jones Lang LaSalle, good times are in store for this region as it has a combination of community living in apartments, rented houses, villas, etc.
This appreciation of price can be due to presence of IT/ITES industries in close proximity. Many projects located nearby are SJR Spencer, Purva Riviera, Rohan Vasantha, Aishwarya Serenity, etc.
One such project which is close to the area is Nester Raga by Nester Projects. The project offers 3 & 4 BHK premium duplex apartments with excellent specifications in the size range of 2076-2734 square feet.
It houses state of the art amenities for fulfilling the residents’ recreational needs and presents a lush green landscape view.
Source: The Hindu
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