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munnekollal bangalore

Pincode: 560037

Situated in: North Bangalore

Munnekollal Bangalore Location Map

149 Flats for Sale in Munnekollal

481 Flats for Rent in Munnekollal

State: Karnataka

District: bangalore

Total Area: 2.62 km²

Population: 59570

Population Density: 22707

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About Munnekollal, bangalore

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.

Physical Infrastructure of Munnekollal

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.

Social and Retail Infrastructure of Munnekollal

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.

Real Estate Market Trends and Rental Demand in Munnekollal

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.

Top Employment Hubs in or Nearby Munnekollal

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-

  • International Tech Park Bangalore- 8.3 Km
  • SEZ Bhavan Vijayanagar - 7.3 Km

Famous Sub-Localities / Colonies / Areas near Munnekollal

Given its large area, Munnekollal comprises of multiple sub-localities that have grown independently over time. Some of the popular areas near Munnekollal are:

  • Munneshwara Layout
  • Marathahalli
  • Sri Venkateshwara Layout
  • Papa Reddy Layout
  • Rajeshwari Layout 

Things to Do in Munnekollal

  • Chikkaballapur Fort is a historic fort dating back to 12th century standing majestically amidst hills.
  • Bannerghatta National Park is a wildlife sanctuary 15 mins away that is known for zoo, safari and hiking trails.
  • Lalbagh Rock Garden is a picnic spot with stunning rock formations and its ideal for trekking and instagrammable views.
  • Devanahalli Fort is a historic fort built by Chola Dynasty showcasing bygone culture through light and sound shows.
  • Mjalthi Betta Hill is perfect for nature lovers as this remote hill station is 30 kms away for its picturesque sunset points.
  • Fanike Park is a popular evening jogging spot while Kunti Betta is favoured by early morning walkers.

What is Good about Munnekollal?

  • Connectivity to ORR and other highways providing quick access.
  • Established social infra like schools, hospitals and entertainment venues.
  • Proximity to IT clusters of Devanahalli and Whitefield boosting property rates.
  • Planned township developments attracting modern amenities.
  • Abundant greenery and natural locations like lakes for recreation.

What is not Good about Munnekollal?

  • Internal roads and connectivity in few pockets require upgrades.
  • Access to major employers during peak hours needs better traffic management.
  • Availability of encroachment-free open spaces is reducing.
  • Pollution control and waste management requires strengthening.
  • Supply of quality social infrastructure needs constant augmentation.
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Properties for rent in Munnekollal, bangalore

1 BHK grr reside...

Marathahalli

₹ 15000

2 BHK Independen...

Marathahalli

₹ 24000

2 BHK Independen...

Munnekolala

₹ 18000

2 BHK Mini apart...

Munnekollal (Spice Garden&...

₹ 21000

2 BHK Sainath en...

AECS Layout, Marathahalli

₹ 33000

2 BHK Independen...

Marathahalli

₹ 18000

2 BHK Independen...

Munnekollal

₹ 25000

1 BHK Independen...

Munnekollal

₹ 14000

1 BHK Parthu Pea...

AECS layout

₹ 24000

1 BHK SB

Munnekollal

₹ 18000

1 BHK Amrutha Re...

39, Sapthagiri Layout, Thubara...

₹ 14500

2 BHK Independen...

B R Layout

₹ 25000

2 BHK SMS RESIDE...

Munnekollal

₹ 21000

1 BHK standalone...

Munnekollal

₹ 13500

2 BHK Pavani Par...

Munnekollal

₹ 42000

1 RK Blossom

Munnekolala

₹ 8500

2 BHK standalone...

Munnekollal

₹ 23000

1 BHK Independen...

Lakshmi Layout, Gandhi Nagar, ...

₹ 19000

2 BHK Standalone...

Munnekollal

₹ 16500

2 BHK Standalone...

Munnekollal

₹ 24000

2 BHK Independen...

Munnekollal

₹ 20000

Properties for sale in Munnekollal, bangalore

4+ BHK Independen...

Munnekollal

₹ 57200000

4+ BHK Standalone...

CS Road

₹ 36000000

4 BHK Purva Rivi...

Marathahalli

₹ 52500000

2 BHK #31 GCN EN...

Munnekollal

₹ 5800000

4+ BHK Standalone...

Laxminarayana Temple Road

₹ 22000000

3 BHK P-Square R...

Varthur

₹ 9500000

3 BHK Akshaya Te...

Marathahalli

₹ 22800000

2 BHK Saroj Habi...

Munnekollal

₹ 7600000

4 BHK Independen...

Munnekollal

₹ 55000000

2 BHK Jeevan Pri...

Munnekollal

₹ 9400000

2 BHK Saptagiri ...

Munnekollal

₹ 10000000

3 BHK Pavani Sre...

Munnekollal

₹ 11000000

2 BHK vaikuntam ...

Brookefield

₹ 5000000

2 BHK Saranya sa...

Munnekollal

₹ 5800000

2 BHK Ravoos Tem...

Munnekollal

₹ 6500000

3 BHK Rohan Vasa...

Bangalore

₹ 28000000

2 BHK Radiant Bl...

Munnekollal

₹ 7400000

2 BHK gcn enclav...

Munnekollal

₹ 6500000

3 BHK Sriven Hei...

Marathahalli

₹ 8000000

3 BHK Akshaya Te...

Munnekollal

₹ 22000000

2 BHK Akshaya En...

Munnekollal

₹ 7800000

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FAQs

What are the different property types available in Munnekollal?

Munnekollal offers a variety of housing options for both end users and investors. Some popular segments include independent villas/houses, luxury apartments, gated communities, plots/lands for development. Both residential and commercial spaces are available across budget ranges.

How is the rental yield in Munnekollal?

Rental yields in Munnekollal are quite attractive ranging from 2-3% for apartments and around 3-4% for independent houses/villas. This good return on investment along with stable appreciation has made Munnekollal one of the preferred locations for property buyers looking to earn rental income.

What is the process involved in buying property here?

The basic steps for buying property in Munnekollal include identifying your needs, hiring a lawyer, finding a suitable project by conducting due diligence, reserving the property by paying the booking amount, obtaining loan approval if needed, paying balance amount in instalments as per plan and finally registering the property. All legal documentation should be carefully checked.

What are some upcoming infrastructure projects here?

Some major infra works coming up include extension of Metro rail till Devanahalli, expansion of ORR with flyovers and signal-free corridors, development of Central Market as a major retail and entertainment hub, setting up of more IT/employment parks and industrial clusters like E-City Phase 2.

How long will it take to get possession of a newly booked property?

For most reputed residential projects in Munnekollal, the standard delivery timeline given by developers is 24 to 30 months from the date of booking. However, depending on the scale and phases of the project, some properties may get completed sooner while a few may take up to 3 years for full possession of all promised facilities. Buyers must clearly check the schedules given by developers.