marenahalli is a locality in j p nagar in Bangalore. it is a locality favored by many buyers and investors since it is considered to be an upscale neighborhood. bangalore being the largest contributor of the it sector sees a massive demand in property and real estate sector which in turn leads to a thriving property market. marenahalli is in the northern part of bangalore and is essentially a residential locality with a sprinkling of commercial and retail spaces.
a majority of the properties in marenahalli are in the price range of rs. 20 lac and upward out of which 75 % of it are residential plots posted by individuals. in terms of rentals, 50 % of the properties are in the price bracket of inr 5- 10 thousand with 1 bhk being the most commo room configuration. most of these are apartment complex of builders and are listed by individuals. bangalore property market trend suggest a good rate of growth for the real estate market.
key highlights
it is recognized as one of the emerging localities in bangalore on the rise to become one of the popular neighbourhoods owing to a god ratio of residential as well as commercial spaces.
with the rise of bangalore as a technological hub and its significance as the silicon valley of india, areas like marenahalli are high on the list of becoming real estate gold mines, as the other spaces are already saturated with infrastructure.
what’s great
it is located in one of the popular localities of bangalore, considered an upscale developed area.
all basic amenities and facilities are nearby, markets, retail shops, hospitals, yoga studios etc.
it is the perfect destination for end term users as well as renters for a urban lifestyle.
what’s not great
the marenahalli road from raghavendra swamy mutt to sangam circle in jayanagar is bad and in deplorable condition but the bmrcl is working on fixing it.
bangalore being the largest technological hub has huge footfall as indians from all over come for business and employment opportunities, this in turn creates a huge market for properties. investors and buyers will always see a good return through real estate investments.
property rising factor
short term: with students and workers flocking in from all parts of india, good localities in bangalore like marenahalli will always have goo short term benefits for property owners – especially for renters but for sellers as well.
long term: the huge influx of technological sector, multiple startups and the growing silicon valley sector automatically reflects in the property market both residential and commercial. also supported by the increase rate of 8.50 5 just in the last year.
social infrastructure: marenahalli is considered to be an upscale locality, it has close proximity to good schools, hospitals, shopping and retail centers etc. it has all the basic amenities available in nearby distance or within the locality.
central mall, jp nagar
mamtha supermarket
organic farmz
the big market
brands unleashed
health care centers
apollo hospitals, marenahalli
banashankari health center
chirag hospital
aster rv hospital, jp nagar bangalore
bus nos. hs-1, hs-11, hs-11a, hs-12a have routes that pass near marenahalli. jayanagara (th block, marenahalli petrol bunk, marenahalli bust stand are the nearby bis stops.
rashtreeya vidyala road station is the nearest metro station to marenahalli. other statios are jayanagar subway station, jaya prakash nagar subway staion and South End Circle station.
schools, bank & fitness centers
schools
government model primary school, marenahalli
new holy cross english schools, marenahalli
vidya school of computer science engineering
oxford group of institutions
orchids international schools, btm
srm systems software training institutes
bank
state bank of india
central bank of india
indian overseas bank
hdfc bank
au small finance bank
canara bank atm
fitness center
a to z fitness gym
yogamrutha
bodykraft fitness and dance studio
popular landmarks near locality
central mall, jp nagar is a popular landmark with people of all age groups visiting it. it is located in marenahalli road.
micro market analysis
capital and rental analysis: marenahalli offers both rental, buyer, investor and end user properties, bangalore being considered the to be the silicon valley of india, property prices will always be soaring with time.
scope of growth: property rates have seen a rise of about 8.49 % in the last one year which is indicative of its growth in the real estate market.
investment opportunities: with people from all parts of india moving to bangalore for opportunities and education, investing in property in marenahalli seems like a step in the right direction for it has witnessed a gradual increase in the property market. with proper study of market trends, dips and rises- investors and buyers could tap into its potential.