murugesh pallya bangalore

Murugeshpalya is a locality situated in the eastern part of Bangalore city. Murugeshpalya PIN code is 560017. This area is well connected to nearby places like Hal Airport Area and KR Garden. Home to a cosmopolitan population, Murugeshpalya offers excellent real estate options for both home buyers and investors. Properties ranging from independent houses, villas, and apartments, as well as commercial spaces, are available at affordable prices and in strategic locations close to amenities.

Murugeshpalya Bangalore is a cosmopolitan locality with people from different parts of India and abroad choosing to make it their home. It attracts young working professionals and families with its quality housing and connectivity. Residents enjoy an urban lifestyle with access to restaurants, supermarkets, banks, and other amenities within the neighborhood. A mixed culture thrives here, with people celebrating various festivals. It has become a vibrant, accepting place attracting cost-conscious first-time home buyers and upwardly mobile investors. The multicultural environment adds to its charm.

Physical Infrastructure of Murugeshpalya 

Murugeshpalya infrastructure is well connected via major transportation networks. The nearby national highway NH-75 and 44 provides quick access to critical areas of the city. The access to national highways is via HAL old Airport Road. The Konanakunte cross metro station at 17 kms improves connectivity. Multiple roads like the 100 feet road, HAL Airport Road, and Wind Tunnel Road have enhanced vehicular movement. Nearest metro station in this area is Metro Station MG Road i.e. 5 Km away. The area is serviced by state-run and private buses with bus stops at prominent locations. Proximity to Old Airport Road aids connectivity. 

Social and Retail Infrastructure of Murugeshpalya

Murugeshpalya is well-equipped with social infrastructure. Some primary schools in the area include Air Force School, Waldorf Kindergarten, and PMP Certification & Training in Bangalore. For higher education, Sikkim Manipal University and Sree Cauvery PU & Management College are nearby. According to the Murugeshpalya map, world-renowned hospitals like Manipal Hospital and Raman Dr EV provide super specialty healthcare. Big retail brands like More Supermarket cater to daily needs. Total Mall and Kempfort Mall offer a more comprehensive range of shopping and food options under one roof. An expanding food court culture and residential/commercial spaces have strengthened social bonding within communities here. Overall, Murugeshpalya offers a well-developed social infrastructure for its residents.

Real Estate Market Trends and Rental Demand in Murugeshpalya

Being well-connected and equipped with social infrastructure, Murugeshpalya Property Price continues to attract considerable investment in the real estate market. Property rates have appreciated over the last decade with rising demand for residential units. The average Murugeshpalya Property Rates range between Rs. 50Lakhs to 1.5Crore for apartments and Rs. 1.2Crore to Rs. 4crore for independent houses. Average rates in the area are around ₹9,589 per sq ft. Average rental rates are Rs. 15,000-20,000 per month for 1 BHK apartments, Rs. 20,000-25,000per month for 2 BHK apartments and Rs. 30,000-40,000 per month for independent homes. Rental yields are around 8-10%, with tenants preferring gated communities for safety concerns. Proximity to IT parks and commercial hubs ensures steady demand from working professionals and nuclear families. Landlords prefer long-term tenants. The proposed metro development and strengthening road network are expected to enhance connectivity and further boost both buyer confidence for property investment as well as rental demand over the coming years.

Top Employment Hubs nearby Murugeshpalya

Being near significant offices and IT parks, Murugeshpalya acts as a strategic location for employees working in nearby areas. Some of the top employment hubs near Murugeshpalya are:

• Manyata Tech Park– 18 km.
• International Tech Park Bangalore(ITPB)– 13km.
• Embassy Manyata Business Park–16.3 km.
• Eco Space Business Park–8.4 km.
• Prestige Tech Park–9 km.

Famous Sub-Localities near Murugeshpalya

Being a well-connected locality, Murugeshpalya has many sub-localities and residential colonies where people prefer to live for proximity to offices, amenities, and accessibility. Some of the famous landmarks in Murugeshpalya are:

• Airport
• KR Garden
• Hal Airport Area 

Things to do in Murugeshpalya

Top Things to Do in Murugeshpalya Locality within 10-12 km. Located on Bannerghatta Road, Murugeshpalya is well-connected with some exciting places around Bengaluru. Some of the best things to do in Murugeshpalya are- 

• Sri Shiva Temple is an Important pilgrim spot situated amidst calm environs, offering solace to devotees.
• BDA Park is Vast greens providing sanctuary for walks, exercise & small picnics within city limits.
• NAL Cricket Ground is a Popular playfield to watch or play cricket matches on non-working days.
• Karnataka Golf Association has a Golf course & clubhouse, providing a picturesque setting for the sport.
• Vibhutipura Kere is a Semi-urban lake fringed by trees. It is ideal for evening or early morning walks.

Murugeshpalya is fast emerging as a promising location for real estate in Bengaluru. Its proximity to strategic hubs and good connectivity through roads and upcoming metro extension are making it attractive. The rapid infrastructure growth and new employment centers coming up nearby are expected to boost demand significantly. The relatively affordable rates and strong potential for capital appreciation will continue drawing homebuyers to this locality.

What is Good about Murugeshpalya?

• There is a wide choice of housing options ranging from apartments to villas.
• Proximity to major IT parks and office hubs for employment.
• Developed social and transportation infrastructure for amenities.
• Proximity to malls and commercial complexes for entertainment.

What is not Good about Murugeshpalya?

• Need for affordable housing options for buyers.
• Traffic congestion on main roads during peak hours.
• Shortage of super specialty hospitals and healthcare facilities.
• Underdeveloped internal roads and stormwater drainage system.
• Limited green space, open parks and recreational areas within neighborhoods