MR Residency KodigehalliKodigehalli, Bangalore

kodigehalli is a tropical suburb located in the north of bengaluru. housing many beautiful parks, historical temples and picturesque lakes, kodigehalli is a colorful blend of classic and modern. with ample amenities and splendid infrastructure, the locality is a bustling residential destination.home to many ancient temples and research institutions alike, kodigehalli is culturally rich and endowed with technological advancement. the surrounding areas include important places like sahakar nagar, balaji layout, maruthi layout and amco colony.  with an impressive residential growth rate, the area has attracted many prominent developers such as royal realtors, sls builders and promoters, cmm groups, fortuna projects, larsen and toubro group.the residential layout in kodigehalli is a mix of 2bhk, 3+bhks, independent villas, and multi-story apartments, ranging from affordable housing to super luxury segments. 24% of the properties on sale in the area are priced between rs. 40 lakhs to rs. 60 lakhs and another 23% falls in the price band of rs.60 lakhs to rs. 80 lakhs. 2 bhk is the most preferred apartment configuration constituting approximately 60% of the sale properties. multi-story apartments also come up for sale, constituting nearly 40% with maximum postings by individuals.key highlights proximally located near major it parks like manyata embassy tech park, brigade magnum and l&t tech parksound physical and economic infrastructurewell connected to kempegowda international airport through national highway 7 whats great?excellent connectivity with surrounding areas via frequent buses and rails. warm, energetic locality with an organized transit system and less traffic. lakes, parks and temples in the locality add to its aesthetic value. whats not great? heavy rains cause waterlogging in the kodigehalli underpass, which makes commutation difficult during monsoon showers. water scarcity and quality could be a problem.Watch out for?phase ii of bengalurus namma metro, presently under construction to pass through kodigehalliproperty price rising factor short term proximity to prominent it parks and the kempegowda international airport a wide array of amenities and favorable climatic conditions increasing demand in budget housing segment long term efficient completion of metro lines would enhance connectivityfocusing more on the availability of properties in affordable housing segmentother highlights social infrastructurekodigehalli has a well-structured network of roads, rails and airways, housing important banks, schools, colleges and hospitals, surrounded by ample greenery, historically famous temples, and sprawling high rises. conveniently connected to the kempegowda international airport, kodigehalli enjoys a decent rating on environment, connectivity and education parameters. shopping complex & marketssai complex mahalakshmi complexkaruna complex swan silk sahakarnagarhealthcare centerskodigehalli primary health centre – canara bank layout, kodigehalliuma clinic -  cqal layout, kodigehalligenesis healthcare – maruthi layout, kodigehalligaganavadi centre – govt school road, kodigehallijyothi nutrition club - canara bank layout, kodigehallicauvery medical centre and hospital – bellary road, kodigehalliconnectivity & public transport kodigehalli has an efficient transit system comprising road, rail and air. bangalore metropolitan transport corporation (bmtc) has its array of buses running through the entire locality connecting the area with places like shivaji nagar, yelahanka, etc. kodigehalli railway station connects the locality with the neighboring suburbs and is at a 13 km distance from the bengaluru city junction. kempegowda international airport is just 24 km away. schools, banks and fitness centersschools in the area srk indian school – hanumaiah layout, kodigehallisri aurobindo public school - canara bank layout, kodigehallisilicon valley school – sahakar nagar, kodigehallibachpan play school – dhanalakshmi layout, kodigehallidev – in national school – sahakar nagar, kodigehallibasil woods preschool academy - canara bank layout, kodigehallibankshdfc bank – tatanagar, kodigehalliujjivan small finance bank - sahakar nagar, kodigehalliindian bank – thindlu main road, kodigehallicanara bank - sahakar nagar, kodigehallistate bank of india – maruthi nagar, kodigehallikaveri grameena bank – sanjeevini nagar, kodigehallinearby atmscanara bank atmstate bank of india atmunion bank atmicici bank atmhdfc bank atmfitness centersrevive 360 degree – sonappa layout, kodigehallifitness edge2 – virupakshapura entrance, kodigehalligroup ex fitness - cqal layout, kodigehallibluarc gym & fitness centre - tatanagar, kodigehallicruz fitness – virupakshapura, kodigehallipopular landmarkskodigehalli sree mahaganapathi temple – devinagar, kodigehallikodigehalli inscription stone cbl corner parksahakar nagar parkssri omkareshwar templemicro market analysiscapital and rental trends• kodigehalli has enjoyed a steady increase in property rates in recent years until the onset of the covid-19 pandemic in late 2019. consequently, the property rates in the area have seen a depreciation of 2% in the past year. however, the current trend is expected to improve with the ongoing government reforms on health safety measures and the launch of multiple construction projects catering across all segments. • starting price of properties in the area is rs. 3,066 per sqft, and the average price comes around to rs. 5,323 per sqft. the price of a 2 bhk is around rs. 30 lakhs – rs. 95 lakhs and a 3 bhk is available in the range of rs. 40 lakhs – rs 1 crore. • as for the rental trends, the rent for a 2 bhk averages between rs. 9k – rs. 25k and a 3 bhk falls in the band of rs. 12k – rs. 30k.scope of growth kodigehalli is fast becoming a sought-after real estate destination with increasing developmental and residential activities. the scenic natural landscape and availability of excellent physical and economic amenities render abundant scope for development in the locality.investment opportunitiesrecent price trend analysis recommends both buying and selling properties in the area as it is lucrative.