State: Karnataka
District: bangalore
Total Area: 2.62 km²
Population: 59570
Population Density: 22707
Munnekollal is a residential area located in Northern part of Bangalore. It is situated off Mysore Road, close to Vijayanagar. Properties in Munnekollal are surrounded by lush greenery which provides a peaceful environment. The Munnekollal PIN code is 560037. It is well connected to other major areas like Munneshwara Layout, Munekollal and Sri Venkateshwara Layout. As Munnekollal is located close to these IT hubs, it has become one of the preferred housing destinations in the city.
Munnekollal Bangalore is a cosmopolitan area that attracts people from different backgrounds. As it is located close to IT parks, many young professionals and families working in the tech sector live here. Residents enjoy an urban lifestyle with easy access to offices, schools and amenities. However, the peaceful, greenspace-filled environment also appeals to those seeking a more relaxed pace. The culture in Munnekollal is inclusive, with people of all ages socializing in parks, celebrating local festivals and taking part in community events together.
The Munnekollal infrastructure is well connected with robust physical infrastructure. It has access to major highways NH-44 and HAL Airport Road that connect it to Bengaluru city within 30-45 minutes. The Metro line also extends till Devanahalli and the nearest station is around 10 kms from the location i.e. Indira Nagar Metro Station. There are multiple flyovers and roads within the locality for easy internal connectivity. A ring road encircles the whole location ensuring a smooth traffic flow. This well-established infrastructure makes Munnekollal a suitable residential location for professionals working in Bengaluru.
The Munnekollal area is well served with social and retail infrastructure. According to the Munnekollal Map, some of the popular educational institutions located close by include Vagdevi Vilas School, VIBGYOR High School and Narayana E Techno School. Residents can access major hospitals such as Lifetron Healthcare Homeopathy Clinic and FamilyCare Homeopathy at a driving distance of 15-20 mins. For daily shopping and entertainment needs, the location is near reputed retail complexes such as Shantinikethan Mall. Residents can explore a wide range of restaurants, supermarkets and shops at these places. Overall, this makes the location self-sufficient for the residents.
The Munnekollal real estate market has been growing steadily over the last few years. Property prices in the area have increased by approximately 15-20% due to strong end user demand and rising rentals. Average Munnekollal Property Rates is Rs. 7,401 per sq. ft. Convenient location, robust infrastructure development and establishment of social amenities have made it an attractive residential pocket for homeowners as well as investors. Average rental income from independent houses is around is Rs. 25,000 per month. This stable growth in rentals even during market fluctuations has encouraged landlords to invest in Munnekollal. With more employer hubs and social infrastructure upcoming in vicinity, Munnekollal Property Price are expected to rise further in the coming years.
Being in close proximity to major employment hubs of Bengaluru, the Munnekollal area has witnessed steady real estate growth over the years. Some of the top employment hub near Munnekollal are-
Given its large area, Munnekollal comprises of multiple sub-localities that have grown independently over time. Some of the popular areas near Munnekollal are:
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