Neighbourhood watch: Mathikere (Bengaluru)
Bengaluru, the capital of Karnataka and the hub of India's booming information technology (IT) industry, has good weather and wide green spaces. Home to several educational and research institutions, the city is witnessing more and more people moving here and making it their home. If you are looking for a home in this city, PropGuide lists key advantages of the Mathikere locality, a residential area that has recorded a rise of 44 per cent in total sales in the past two years.
The locationMathikere lies close to Bengaluru's industrial hubs like the World Trade Center, Peenya, Yeshwantpur and APMC market. Industry majors like Parle, Volvo, Bharat electronics, Kirloskar Electrical and Jindal Aluminum have offices in this locality. Mathikere is also close to Bengaluru's JP Park which enhances its beauty and fame among tourists.
The TransportationMathikere is well-connected to the rest of the city through various transportation networks like railways, metro and buses. Bangalore City Junction railway station is eight kilometres from Mathikere. Soap Factory and Yeshwantpur are the operational metro stations near the locality, while parts of North-South metro line of Phase-I are in the pipeline. The Tumkur Road, Bellary Road, Outer Ring road and MS Ramaiah Road connect Mathikere to other important places.
Social infrastructureWhile Mathikere houses many educational institutions like IISC, MS Ramaiah Group of Institutions and Central Power Research Institute, it also has renowned hospitals and malls (MS Ramaiah Narayana Heart Centre, Mantri Square Mall and Vaishnavi Sapphire Mall) . To make it more convenient for people, the place has several convenience stores, salons and spas, petrol pumps, ATMs, pharmacies, hospitals and clinics, restaurants and cafes, bars and night clubs, and amusement parks. With a proper layout that exhibits strategic planning, Mathikere is one of the most-desired residential real estate in Bengaluru.
Average property priceAccording to a PropTiger Data Labs report, average property prices in the area stand at Rs 6,398 per square foot.