Apartments for Sale in Malleshwaram

Buying a Property Over Renting in Malleshwaram

Malleshwaram, a sought-after neighborhood in Bangalore, offers several benefits that make it a more attractive option to buy a property rather than rent one. Here are some compelling reasons why: 

Appreciation in Value: Bangalore’s real estate market is known for its consistent growth, and Malleshwaram is no exception. Properties in this area have historically appreciated in value over time, providing a good return on investment for homebuyers. According to a report by Knight Frank, Bangalore’s property prices are expected to rise by 10-15% in the next 3-4 years. By buying a property in Malleshwaram, you can benefit from this appreciation in value and potentially sell your property at a profit in the future. 

Rental Yield: Apartments for sale in Malleshwaram are popular neighborhood with a high demand for rental properties. If you choose to rent out your property, you can expect a good rental yield. According to a report by MagicBricks, the average rental yield in Bangalore is around 2.5-3%, and Malleshwaram offers even higher rental yields due to its prime location and demand. This can provide a steady source of income and help you offset the cost of owning a property. 

Tax Benefits: Homeownership comes with several tax benefits, including deductions on interest on home loans and property taxes. These benefits can help reduce your taxable income and lower your overall tax liability. Additionally, the Indian government offers several schemes, such as the Pradhan Mantri Awas Yojana (PMAY), that provide subsidies and tax benefits to first-time homebuyers. 

Distance of Grocery Stores And Supermarkets From Malleshwaram

Distance of Grocery Stores, Supermarkets, and Convenience Stores from Malleshwaram, Bangalore 

Malleshwaram is a prominent residential area in Bangalore, India. It is well-served by various grocery stores, supermarkets, and convenience stores. The distance to these establishments can vary based on their specific locations within the neighborhood. However, generally speaking, there are numerous options available within close proximity to cater to the daily shopping needs of the residents. 

Grocery Stores: The grocery stores near 2 BHK apartments for sale in Malleshwaram are conveniently located within walking distance or a short drive from most residential areas. Residents can find a wide range of grocery stores offering fresh produce, pantry staples, and household essentials within a few blocks from their homes. These stores are typically situated strategically to serve the local community efficiently. 

Supermarkets: In addition to local grocery stores, Malleshwaram also boasts several supermarkets that provide a more extensive selection of products. These supermarkets are usually located within a reasonable distance from residential areas, offering a diverse range of items including fresh produce, packaged foods, personal care products, and more. Residents can easily access these supermarkets for their weekly or monthly shopping needs. 

Reasons to Buy Apartments in Malleshwaram

Malleshwaram is a well-established residential area in Bangalore, known for its rich cultural heritage, excellent connectivity, and proximity to various amenities. The decision to buy a flat in Malleshwaram depends on several factors such as personal preferences, budget, future plans, and investment goals. 

Location and Connectivity 

3 BHK apartments for sale in Malleshwaram are strategically located in close proximity to the central business district of Bangalore. It offers excellent connectivity to other parts of the city through well-developed road networks and public transportation facilities. The presence of metro stations further enhances the accessibility of the area. 

Amenities and Facilities 

The locality boasts a wide range of amenities including educational institutions, healthcare facilities, shopping centers, restaurants, and recreational spaces. This makes it an attractive option for individuals and families looking for a convenient and comfortable living environment. 

Real Estate Market Trends 

It’s essential to consider the current real estate market trends in Malleshwaram before making a purchase decision. Researching property prices, rental yields, and future development plans can provide valuable insights into the potential return on investment. 

Community and Lifestyle 

Malleshwaram has a vibrant community with a mix of traditional and modern elements. The area is known for its cultural events, religious landmarks, and green spaces, offering residents a unique blend of heritage and contemporary lifestyle. 

Distance of Police Station and Emergency Services from Malleshwaram

The nearest police station and emergency services from Malleshwaram, Bangalore are located approximately 2.5 kilometers away. 

Are there any Restaurants, Schools, or supermarkets nearby Malleshwaram, Banglore? 

Restaurants: 

Vidyarthi Bhavan: This iconic restaurant is located on 1st Main, 4th Block, Malleshwaram, and is known for its South Indian cuisine. It is a popular spot for both locals and tourists. 

Brahmin’s Coffee Bar: Located on 5th Main, 2nd Block, Malleshwaram, this restaurant serves a variety of South Indian and North Indian dishes, including dosas, idlis, vadas, and more. 

Schools: 

St. Mary’s School: This school is located on 12th Main, 3rd Block, Malleshwaram, and offers education from nursery to high school. It is a well-known institution in the area and has a good reputation. 

Seshadripuram High School: Located on 18th Main, 2nd Block, Malleshwaram, this school offers education from kindergarten to high school. It is a reputed institution with a long history. 

Supermarkets: 

Big Bazaar: Located on 100 Feet Road, 4th Block, Malleshwaram, this supermarket is a popular spot for grocery shopping. It offers a wide range of products, including food items, household supplies, and more. 

More Supermarket: This supermarket is located on 8th Main, 3rd Block, Malleshwaram, and offers a variety of products, including groceries, fresh produce, and more. 

Quality of life in Malleshwaram

Quality of Life in the Apartment Community in Malleshwaram, Bangalore 

The quality of life in the apartment community in Malleshwaram, Bangalore is generally considered to be quite good. Malleshwaram is a well-established residential area known for its peaceful environment, good connectivity, and access to various amenities. The neighborhood offers a mix of modern conveniences and traditional charm, making it an attractive location for residents. 

Location and Connectivity 

Malleshwaram is strategically located in Bangalore, providing easy access to key areas of the city. It is well-connected through road networks and public transportation, allowing residents to commute conveniently to their workplaces, educational institutions, and other parts of the city. The presence of metro stations and bus stops further enhances the connectivity of the area. 

Amenities and Facilities 

The apartment community of flats for sale in Malleshwaram offers a range of amenities and facilities that contribute to a comfortable lifestyle. Residents can find supermarkets, shopping centers, healthcare facilities, educational institutions, parks, and recreational spaces within close proximity. This accessibility to essential services adds to the convenience of living in the area. 

Safety and Security 

Safety is a crucial aspect of the quality of life in any residential community. Malleshwaram is known for its relatively safe environment, with security measures in place within apartment complexes. This provides residents with a sense of security and peace of mind. 

Movie Theatres Nearby Malleshwaram

Movie Theatres Near Malleshwaram, Bangalore 

Yes, there are several movie theatres near Malleshwaram, Bangalore. Some of the popular ones include: 

INOX Mantri Square Mall: Located in Malleshwaram, this multiplex cinema screens a wide range of movies and is a popular choice for moviegoers in the area. 

PVR Orion Mall: Situated in Rajajinagar, which is close to Malleshwaram, PVR Orion Mall is another well-known cinema complex that offers a diverse selection of films. 

Vaibhav Theatre: This single-screen theatre is also located in Malleshwaram and is frequented by locals for its screenings of regional and Bollywood movies.