Real Estate in Marathahalli, Bangalore

Are you looking for your dream house in Marathahalli? We will walk you through everything you need to know if Marathahalli Real Estate is for you.

Steeped in folk-tales and legends Marathahalli gets its name from a Hanuman (Maruti) temple. Alternative stories say the name comes from a fighter aircraft called ‘Marut’ that had crash landed in the area. The temple no longer exists and no planes have landed in the area since. Marathahalli- one of oldest and agriculture oriented areas in Bangalore- is no longer the place it used to be.

UKN Miraya Rose location map

Ukn Miraya Rose – Ultra-luxury Residences on Varthur Main Road, Whitefield

Last updated on June 30, 2017 by Roshni Santosh

Bangalore is witnessing rapid development in the real-estate sector thanks to the mounting demand for housing in the city. As a result of this unprecedented growth, builders are pulling out all the stops to cater to a wide range of potential clients. Parts of the city which were previously undeveloped – such as Whitefield – are now dotted with upcoming residential projects, each with varied offerings to lure potential investors. This was evident when, on a recent visit to East Bangalore (Varthur Main Road), we noticed a number of residential projects located along a 1.2km stretch of road. We made a stop at UKn Miraya Rose – a luxury mixed-use development by UKn Properties – to check out what the project had to offer. UKn Miraya Rose: Getting There Located on Varthur Main Road – 2.6 km from the Kundanahalli Main Road Junction – Miraya Rose offers connectivityto ITPL via …

Ukn Miraya Rose – Ultra-luxury Residences on Varthur Main Road, Whitefield

Bangalore is witnessing rapid development in the real-estate sector thanks to the mounting demand for housing in the city. As a result of this unprecedented growth, builders are pulling out all the stops to cater to a wide range of potential clients. Parts of the city which were previously undeveloped – such as Whitefield – are now dotted with upcoming residential projects, each with varied offerings to lure potential investors. This was evident when, on a recent visit to East Bangalore (Varthur Main Road), we noticed a number of residential projects located along a 1.2km stretch of road. We made a stop at UKn Miraya Rose – a luxury mixed-use development by UKn Properties – to check out what the project had to offer.

Varthur Main Road upcoming residential properties
Upcoming residential projects on Varthur Main Road

UKn Miraya Rose: Getting There

Located on Varthur Main Road – 2.6 km from the Kundanahalli Main Road Junction – Miraya Rose offers connectivityto ITPL via the Whitefield Main Road. MG Road, Indiranagar, and other central locations in the city can be accessed via the HAL Old Airport Road. A variety of shopping centers (Forum Value Mall, Phoenix Market city, VR Bengaluru, Decathlon Whitefield) are located in the vicinity. The two arterial connecting links to Bangalore city are the HAL Old Airport Road (via Marathahalli) and the Whitefield Main Road (via Mahadevpura). The proposed Metro connectivity to the Whitefield area is eagerly anticipated, as it will significantly cut down travel time to and from the central parts of the city.

UKN Miraya Rose location map
Project location – UKn Miraya Rose

UKn Miraya Rose: Project Overview

Covering an area of 3 acres, Miraya Rose is a single-tower mixed-use development complex with 88 apartment units (3100 – 4200 SFT). Apartments are available in 3BHK and 4BHK configurations. The first two levels of the tower are meant to house commercial facilities such as food courts, shopping outlets, and a level dedicated to office spaces. Residents have access to a variety of amenities such as a private pool, landscaped terrace areas in the tower, a jogging track, tennis court, squash court, gym and spa. Exclusivity is the keyword at Miraya Rose, with a special focus on attention to detail and aesthetics. The project was launched in January 2013, and handover is expected by December 2017*.

UKN Miraya Rose graphic
UKn Miraya Rose USP – Mixed-use Development

UKn Miraya Rose: Apartment Specifications, Features, Prices

On entering the model 4BHK apartment at Miraya Rose, we were greeted by an expansive living room opening out to a spacious balcony. The living room connected to a large open kitchen with an attached utility area. The rooms were arranged around the central living space, each with an attached bathroom. Interestingly, each bedroom in the apartment also opens out into a balcony (two rooms share a connected balcony). This access to an open balcony space from each room added to the spacious feel of the apartment.

At a cost of INR 10,000+ * per SFT, apartments at Miraya Rose start at a price of INR 3Cr+* for the basic unit. Apartments are available in either 3BHK or 4BHK configurations in the 3100-4200 SFT area range. Every apartment comes with a maid’s room with an attached bathroom (in addition to the main rooms), and an extra common bathroom as well. This effectively means that a 4BHK unit is designed to accommodate 4 main bedrooms with attached bathrooms, a maid’s room with and an attached bathroom, and an additional common bathroom (i.e a total of 5 rooms and 6 bathrooms). All apartments come with a central air-conditioning system, wooden flooring in the master bedrooms, and premium bathroom fixtures.

UKN Miraya Rose construction
UKn Miraya Rose – project under construction

Following the success of their recent ventures, UKn Properties Pvt. Ltd. launched Miraya Rose with the aim of creating ‘limited-edition’ luxury apartments with an assortment of amenities, all under one roof. With prices starting at 3Cr+, the apartments can be described as lavish in every sense.

*Subject to change.




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Marathahalli ORR Property Market- The Road Map

Last updated on October 28, 2016 by Eshita Srinivas

Introduction  Owing to the growth of Information Technology and Software Services sector and the establishment of over 35% of all ITES companies in the country (Grabhouse: Tech Capital of India: Hyderabad or Bangalore?) – Reputation of The Silicon Valley is often backed by the title, IT-Capital of India, Bangalore. Added to this is Bangalore’s consistent status of being the Outsourcing Capital of the nation due to its growth in the past 20 years and its constant inflow of multinational company investment. Almost any service can be outsourced to Bangalore. This in turn has led to the city being home to talented, educated and experience professionals and cosmopolitan crowd. Bangalore is also the Aviation Capital of India with nearly 60% of manufacturing located here. And then the city is host to numerous automobile and textile units.Added to this is the city’s pleasant climate and green spaces that give it the title …

Marathahalli ORR Property Market- The Road Map

Introduction 

Owing to the growth of Information Technology and Software Services sector and the establishment of over 35% of all ITES companies in the country (Grabhouse: Tech Capital of India: Hyderabad or Bangalore?) – Reputation of The Silicon Valley is often backed by the title, IT-Capital of India, Bangalore. Added to this is Bangalore’s consistent status of being the Outsourcing Capital of the nation due to its growth in the past 20 years and its constant inflow of multinational company investment. Almost any service can be outsourced to Bangalore. This in turn has led to the city being home to talented, educated and experience professionals and cosmopolitan crowd. Bangalore is also the Aviation Capital of India with nearly 60% of manufacturing located here. And then the city is host to numerous automobile and textile units.Added to this is the city’s pleasant climate and green spaces that give it the title of the Garden City.

Bangalore Office Take Up, marathahalli real estate
Bangalore Office Take Up

With a reputation this big, it’s no surprise that Bangalore has 32% of the total office demand in the country. (CBRE India: January 2016) Even when it comes to office stock, Bangalore has far more office stock than the IT-dominated Pune and Hyderabad put together. (JLL, India.)

 

 

Strong Office Leasing In Bangalore, marathahalli real estate
Strong Office Leasing In Bangalore

Marathahalli Real Estate- An Overview

Steeped in folk-tales and legends Marathahalli gets its name from a Hanuman (Maruti) temple. Alternative stories say the name comes from a fighter aircraft called ‘Marut’ that had crash landed in the area. The temple no longer exists and no planes have landed in the area since. Marathahalli- one of oldest and agriculture oriented areas in Bangalore- is no longer the place it used to be. It has transformed from an agricultural village to a thriving urban one. Today as one passes by the Bellandur flyover, a host of IT-parks and BT companies adorn the area.

The primary cause for this massive change is the Outer Ring Road. As the IT boom swept the city and the Outer Ring Road was developed, Marathahalli was pulled into the mix. Today, with its proximity to areas such as HAL Airport, Whitefield, Sarjapur Road and Electronic City apart from ORR has elevated the social and physical infrastructure of the area.

Location & Connectivity to Marathahalli Real Estate

Marathahalli is situated in the East zone of Bangalore and is hence well connected to the IT-dominated Whitefield, ITPL and Sarjapur Road with these areas being less than an hour’s drive away.The area is also connected to the Outer Ring Road (initially developed for easy means of transportation for trucks only) which serves as a traffic-free route to most parts of Bangalore. NH44 (NH7) highway runs through Marathahalli, connecting it to major cities like Varanasi, Nagpur, Hyderabad, and Madurai. A 6-lane railway overbridge close to Marathahalli connects Kundalahalli and HAL Airport Road to Marathahalli. Both Marathahalli and Kundalahalli are directly connected to other areas in East Bangalore via the Old Airport Road, Outer Ring Road and Marathahalli Bridge.
Needless to say the HAL airport- from where private jets and a few cargo aircrafts ply as well as private aircrafts train- is 4 km from here.

Kempegowda International airport, meanwhile, is located at a distance of 46 km via the ORR and Bangalore Hyderabad Highway.The nearest railway station from Marathahalli is the Bellandur Railway Station which is 4 kms away. The KR Puram railway station which is at a distance of 11 km is also close by. The Bangalore Central railway station is 14 kilometers away.

BMTC plies across Marathahalli and connects it to the rest of the city, quite efficiently. Most popular bus stops are Innovative Multiplex Bus Stop, Marathahalli Bridge Bus Stop and Kalamandir Bus Stop. These buses offer connectivity across the city, from IT hubs like Whitefield, Sarjapur Road and Electronic City as well as to the centre of the city, Majestic regularly. Airport buses also ply regularly from Marathahalli Bridge Bus Stop and Kalamandir Bus Stop.

The up and running Indiranagar Metro station is 9 km away. A closer metro station would be the impending Whitefield metro station in the Phase II of Namma Metro, which is expected to connect Whitefield to Bypanahalli. This route is expected to have Jyothipuram, KR Puram, Narayanapura, Mahadevapura, Garudacharpalya, Doddanakundi, Visvesvaraya Industrial Estate, Kundalahalli, Vaidehi Hospital, Satyasai Medical Institute, ITPL, Kadugodi, Ujwala Vidyalaya and Whitefield.

Social Infrastructure: Healthcare, Education, Shopping

marathahalli Property Market- Innovative Multiplex Image, marathahalli real estate
Marathahalli Property Market- Innovative Multiplex
Image Source: Mouth Shut

With regards to social amenities and infrastructure, Marathahalli real estate is quite self-sufficient and vibrant, to say the least. When it comes to educational institutions the region has reputed schools affiliated to various boards (CBSE, ICSE, and State Syllabus) like the MVJ International School, H.A.L. Gnanajyoti School, New Horizon, Ravindra Bharathi Global Schools and Narayana e-Techno School & PU College and more.  Colleges like the Hindustan Aviation Academy, S.G.R Polytechnic College, Dr. Shyamala Reddy Dental Hospital and Research Centre and MVJ College of Education are also in the area.

Medical care comes from hospitals like Apollo Cradle, Columbia Asia, Fortis Hospital amongst many others. Specialty clinics like Vasan Eye Care and Javajo Homeopathy are also available to the residents of the area.

Glistening with five star hotels, service apartments, guest homes and restaurants- the hospitality sector of the area doesn’t disappoint. Most popular restaurants here include Yo China!, The Village, Absolute Barbecue, and Holy Flames. Ther Pup, Bangalore’s first dog café is also located in the area. One cannot overlook the nightlife the region enjoys with the presence of bars, pubs and lounges like Wareabouts Grill & Lounge, Purple Haze, Jimi’s Beer Cafe, Gadang Sports Bar – Hotel Park Plaza, Chiller’s Nation, Sherlock’s Pub and more. Whitefield has more options at close distances, with Whitefield Social, Irish House, and Windmills Craftsworks amongst others.

See Also : Electronics city real estate Bangalore

There is no dearth of retail outlets with regard to Marathahalli Real Estate and they span both national and international brands. In the sphere there is Sony, Hometown and more and in terms of clothing there’s Baby Mart, Max, Levi’s, W for Women, Megamart, Wood World, Traxx Shoes, Lifestyle International and more. Popular supermarkets include Big Bazaar, More Megastore and Reliance Fresh. There are also jewelry stores and footwear stores in the vicinity.

Popular to house the first multiplex in Bangalore, Marathahalli has Innovative Multiplex and other theatres like Srivinayaka Theatre, Thulasi Theatre to name a few. Whitefield with VR Bengaluru and Phoenix Market city has both INOX and PVR Cinemas.

Clubs like the Bangalore Players Club, Country Club and E-Zone are active here and the region has a few parks to its name as well.

Residential Investment in Marathahalli Real Estate

Marathahalli-Sarjapur Road (Night View), marathahalli real estate
Marathahalli-Sarjapur Road (Night View)
Image Source: Commonfloor

Marathahalli real estate’s primary residents are the IT and corporate professionals as well as expats who are looking to stay close to their office, even while enjoying the comfort of a residential space. IT Parks like Cessna Business Park, Global Tech Park and Embassy State Village Square are important in the area.

What also goes in favour of Marathahalli real estate is that the location is almost indistinguishable from its neighbors, with connecting roads merging into each-other. Homes along and near Marathahalli road enjoy all the benefits of the area and its neighbors all of which are well planned prime locations for property investment. With good connectivity, the location tops lists of most developers and property hunters.

It is hence obvious that the region is apt for building homes across budget segments that appeal to the cosmopolitan and professional crowd. Considering the fact that, most people in the region are not from the city, and are more often than not business people, expatriates, and young graduates who come in to work in the large IT offices that the place has to offer- projects what is looked at, in terms of property in the area is how reputed the builder is, how comfortable the living spaces are and what the amenities on offer are, considering the cost not being an issue. In fact, with Bangalore slowly turning into a concrete jungle on the outside, projects that try and maintain a green environment on the inside are preferred. This is especially because with the growing pollution in the city, fresh air is a necessity that is required at home- for children and senior citizens.

For those who work in the city, investing in a property in Bangalore is inevitable. Considering how the more traditional residential spaces in Bangalore like those in South Bangalore are saturated, the attention has shifted to investment friendly zones instead. Hence key localities lined with IT-companies like Marathahalli Real Estate have witnessed price appreciation.

Top and reputed builders that offer properties in Marathahalli real estate include Adarsh Builders who have come up with luxury villas, while  Prestige Homes are present with IV Terraces, Sunnyside Oak and Silver Crest. There is Assetz with East Point, Rohan with Iksha amongst other reputable developers.

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