About Mallathahalli
mallathahalli, banglore, is a locality located close to mallathahalli lake bangalore, karnataka. the area is bound by – muddinapalya road, old outer ring road, and mallathahalli lake itself. mallathahalli is a neighbor to the localities of – vishweshwaraiah layout, srigandada kaval, iti employees layout, benachakllupalya, upkar layout, mpm layout, annapurneshwari layout, and d-group layout. the locality comprises sub-localities of – ngef layout, hmt layout, sri rama layout, mallathahalli main, geology layout, kadamba layout, and kalama.key highlightsthe presence of mallathahalli lake in the region and the proximity of the region to other large lakes in the area such as –ullal lake, sulikere lake, and herohalli lake ensure regular water supply in the region as well as provide scenic views.located about 10 km away from the jakarbati state forest, an essential forested land for camping and trekking in bangalore.excellent educational infrastructure in the area – the bangalore university, one of the prestigious universities of bangalore, is located almost adjacent to the region. other noteworthy colleges in and around the area include – college, goldfinch college of nursing, buddha homeopathic medicinal, pinnacle institute of management and science, pvp polytechnic, etc.several schools are also present in the area, such as – mallathahalli primary school, government higher primary school, jes public school, kanya kumari vidhya namaste, and others.whats great?several bus stops cover the area.locality lies close to the nice ring road, an important highway of bangalore.plenty of properties available for rent for students.whats not great?due to its proximity to several lakes, the region is in danger of flooding during heavy monsoons in bangalore.the nearest metro station - mysore road metro station is located almost 8 km away from the region on the purple line.Watch out for?lakeview properties available in ngef layout, hmt layout, and iti employees layout.property rising factorshort termbangalore metro corporation is planning new subway stations near the locality, such as – bangalore university metro station. eventually, the area itself would be connected to the metro network.long termthe area is quite well developed, with proper educational infrastructure and hospitals, and other basic needs facilities.other highlightssocial infrastructurethere are few bars – 17 bar, cycle gap resto and bar, sherlock longue, and wine ocean bar in and near the locality. several spas – hani beauty spa, lotus ayurvedic spa, bz spa, and others are also present. several small and large parks such as – mallathahalli park, bda park, mpm park, kevempu park are also present in the area. the area is relatively close to the jakarbandi state forest, an essential site for camping and trekking.shopping complex & marketslaxmi complex, jnana ganga nagarg mart, bda layout, chandra extensionutsav towers, marilingappa extensionhealth care centersmaruthi multi-specialty hospital, geology layoutgovernment primary health center, dr. ambedkar nagarfortis hospital, nagarbhavigm hospital, 2nd stage, nagarbhaviconnectivity & public transportthe nearest metro station - mysore road metro station is located 8 km away.manganahalli bus station and bande maramma bus station located close to the region.schools, bank & fitness centersgold finch college of nursing, kadamba layoutbuddha homeopathic medicinal, ngef layoutpinnacle institute of management and science, bhavani mansionpvp polytechnic,seegehallimallathahalli primary school, c-72government higher primary school, srirama layoutjes public school, ngef layoutpopular landmarks near localitymallathahalli lakeullal lakejnanabharati police stationmicro market analysiscapital and rental trendsthe property market in mallathahalli, banglore, mainly consists of residential plots and houses that make up about 72 % of all the total property offerings when combined.the subsequent large offers are covered by apartments (20%) which consist majorly of 2 bhk (43%), 6 bhk (21%), 5 bhk(14%), and other apartment times.commercial properties cover the remaining offers.the price range of residential plots is about inr to inr per sqft, which averages out to be inr 7,000 for most of the properties.the price range of residential properties is about inr 4,600 – inr 28,300 per sqft, the lower limit set for residential apartments and the higher limit set for residential plots.the rent for a 2 bhk apartment starts at inr 5,000 and can go as high as inr 20,000, depending upon the locality.scope of growthwith prices reaching crores, the property rates in the locality are pretty high, and as such, any appreciable increase in prices shortly is almost impossible. the prices are expected to increase at a rate of 0.25%-0.50% per year.investment opportunitiesinvestment in the lake-view apartment near mallathahalli lake is a good option.
