mahadevapura bangalore

Mahadevapura is a locality situated in the central part of Bengaluru. Home to many IT parks and offices, it has emerged as a commercial hub. With a PIN code of 560048, Mahadevapura shares boundaries with popular localities like Anjappa Layout, SRR Layout and Maheswari Nagar. Properties in this area have witnessed steady appreciation owing to its proximity to ORR and Metro links. Homebuyers and investors can browse through apartments, villas and plots available in Mahadevapura.

Mahadevapura was once a rural village on the outskirts of Bengaluru. Over the past two decades, as the city expanded rapidly, it transformed into a bustling urban residential and commercial center. With the growth of the IT industry, major tech parks came up in the late 90s spearheading real estate development. As land prices shot up in nearby localities, Mahadevapura emerged as a preferred destination for both homebuyers and companies. Today it is a well-established locale known for thriving business centers as well as apartments catering to IT professionals. Properties here reflect the area's evolution from village to city.

Mahadevapura Bangalore houses a cosmopolitan population including white-collar professionals from diverse fields. With its proximity to several IT parks, a major chunk of residents comprises young IT and startup employees embracing an urban lifestyle. The locality has a vibrant culture with restaurants, cafes and entertainment hubs frequented till late. International schools and reputed hospitals cater to the needs of resident families. On weekends, the relaxed atmosphere makes way for community activities and festivities reflecting the cultural mix. Properties here appeal to both individuals seeking convenient city living and young nuclear families.

Physical Infrastructure of Mahadevapura

Being one of the major commercial hubs in Bengaluru, Mahadevapura infrastructure boasts of excellent physical connectivity and social infrastructure. The locality is well-connected through the Outer Ring Road. The Marathahalli-Kengeri line with a proposed Metro station near Swastik Circle will improve intra-city connectivity. National Highway 275 and 75passes through the city providing a link to Tumkur and Kerala highways. Nearest metro station to the area is Singayyanapalya Metro Station.A plethora of flyovers and underpasses have eased traffic on arterial roads. Residents have easy access to facilities like banks, ATMs, petrol pumps and essential stores. Safety and law and order is ensured through police stations in Mahadevapura and nearby Bommanahalli. Fire stations are also present to handle emergency situations. These factors add to the allure of properties in the locale.

Social and Retail Infrastructure of Mahadevapura

Mahadevapura offers a wide range of social amenities for its residents. Some prominent educational institutions include Pragathi School, MTB Jnana Jyothi Vidyanikethan and Capital Public School. According to the Mahadevapura Map, there are hospitals such as Bright Children's Clinic, Cure Plus Homeopathy Clinic and MTB Orthopaedic Hospital catering to healthcare needs. The sprawling Phoenix Market city and Mall Of Abayas provide world-class shopping and entertainment options. Residents can enjoy facilities like supermarkets, gyms, banks at these retail destinations. For dining out, restaurants ranging from fine dine to budget eateries like CCD, KFC and Bombay Bistro can be found. With ongoing infrastructure development projects, Mahadevapura is well-equipped socially and offers a quality lifestyle for its growing populace seeking properties in the area.

Real Estate Market Trends and Rental Demand in Mahadevapura

Propelled by its evolution into a commercial hub and improving infrastructure, Mahadevapura Property Rates have witnessed steady appreciation over the past decade. Average prices for apartments range between Rs. 60 Lakhs to Rs.2 Crore with premium residential projects commanding over ₹8,000/sq.ft. The strengthening social and retail infrastructure has also boosted rental demand from IT employees and nuclear families. Tenants are willing to payMahadevapura Property Priceof Rs. 8,000 to Rs. 75,000 per month for 2BHK and 3BHK units respectively. Landlords can expect good returns. Proximity to tech parks ensures continued demand for rentals. Developers have further exposure to capital gains given the emerging realty landscape and sustainable supply of civic amenities serving both homebuyers and investors in this thriving locale.

Top Employment Hubs in Mahadevapura

Mahadevapura is well-connected to major IT/industrial parks providing employment to lakhs in Bengaluru. Some of the key employment hub near Mahadevapura include:

• Manyata Tech Park– 12km.
• Embassy Manyata Business Park–12.3km.
• International Tech Park Bangalore–8 km
• RMZ Ecoworld–9.7 km.
• Bagmane Tech Park–6.4 km.

Famous Sub-Localities / Colonies / Areas in Mahadevapura

Being a prominent location for IT/BT firms in East Bangalore, Mahadevapura hosts many sub-localities that house working professionals. Some of the key popular landmarks in Mahadevapura are:

• Anjappa Layout
• SRR Layout
• Maheswari Nagar
• Drdo Phase 2 Township
• Swarnadhama Layout

Things to do in Mahadevapura

Ideally located in Mahadevapura, this residential project offers homeowners easy access to major attractions around Bangalore within 10-12 km. Some of the top things to do in Mahadevapura are:

• Doddanekundi Lake situated 10 km away is a picturesque idyll and a hotspot for nature lovers. Sprawled over 300 acres, it offers walking trails surrounded by lush greenery where one can commune with nature.
• Vijinapura Lake located 11 km from the property is a habitat for various migratory birds. Bird watchers can spot different species through the day at this serene lake situated amid rural landscapes.
• Chinnappanahalli Lake Park placed 12 km from the site is spread over 50 acres of verdant area. It has jogging tracks, yoga lawns and play areas for kids to spend quality time.
• Kundalahalli Lake which is 10 km away is one of the largest lakes in Bangalore providing boating, walking trails, cycling tracks and untouched scenery. It is a popular weekend market as well.
• Lake Vihar 2 situated merely 8 km away has an artificial beach, mini zoo and gardens along with boating facilities. It is ideal for picnics with family and friends.
• Sadaramangala Lake located 9 km away provides opportunities for fishing, along with facilities for camping, coracle riding and hiking amid idyllic settings. It is a perfect nature escape from the city life.

Conclusion

In conclusion, Mahadevapura is established as a major commercial and residential hub in Bangalore due to its strategic location and extensive infrastructure development. With several IT firms, start-ups and amenities located here, the area has become a hotspot for property investment. Rising employment opportunities and demand are expected to drive continued real estate growth and appreciation in Mahadevapura in the coming years.

What is Good about Mahadevapura?

• Well developed social infrastructure with schools, hospitals and amenities.
• Proximity to major IT parks providing employment.
• Established residential areas with good road connectivity.
• Access to entertainment and retail hubs like Phoenix market city.
• Appreciating the real estate market with promising capital gains.

What's not Good about Mahadevapura?

• Traffic congestion on the main roads during peak hours.
• Insufficient green cover and small public parks in some localities.
• Issues of water scarcity and unscheduled power cuts during summer.
• Lack of diversity in available housing options.
• Soaring property prices make it less affordable for many people