Sri Balaji MonarchCarmelaram, Bangalore

carmelaram is a locality that is nestled in the eastern part of bangalore. it has witnessed considerable growth in the real estate sector of the locality due to the commercial hubs of koramangala and sarjapur road. doddakannelli (1.84 km), kaikondrahalli (3.05 km), kodathi (3.83 km), kasavanahalli (4.34 km), and gunjur (4.85 km) are the localities situated close to carmelaram. cities such as malur, vijayapura, and ramanagaram surround the locality. this locality boasts several types of residential developments in the form of apartments which dominate the localitys real estate by 61%, followed by residential plots, villas, and agricultural land, which occupy 26%, 9%, and 4% of the area, respectively. 2 bhk is the most common room configuration here. many renowned builders are active in this locality. some have planned projects such as sobha ltd, ahad builders pvt ltd, mana projects, aishwarya associates, skyway realty, corporate leisure, and ambiance pvt ltd.key highlightsmoderately and immoderately priced properties available in the locality.good connectivity to nearby commercial areas.whats great?the locality is close to sarjapur road and koramangala, which are the commercial central hubs.proximity to metro stations and key roads.whats not great?problems are due to improper roads, especially during the monsoon season.major traffic congestion in the locality during peak hours.Watch out for?2 bhk and 3 bhk in the upcoming projects by top developers as you can rely on them for good construction and strategical planning. spacious projects are the key elements of the projects here. this locality is ideal for those who love to host parties for friends and family because of the spacious parking provision and good room for guests.property price rising factorshort termgood connectivity via road and rail to other parts of the city.well connected with the city of bangalore.long termupcoming properties in the locality as the locality is developing rapidly.other highlightssocial infrastructurecarmelaram hosts some of the best educational institutions within and around the locality. apart from excellent social infrastructure, this locality has contributed to a significant level towards the real estate, which has ever growing demand. there are ample health care facilities that provide quick and quality medical help. several shopping malls are available at a close distance from carmelaram. shopping complex & marketsfood palace supermarketbalaji supermarketmango hypermarkethopcoms vegetables and fruit shopstar marketgayathri shopping complexhealth care centerslife line health caremunicipal health centerbalaji medical and general storesmile care dental clinicconnectivity & public transportthe karmelaram railway station is located at 1.8 km from here.bellandur road railway station are located at a distance of 6.7 km from carmelaram.the nearest metro stations are the indiranagar metro station and baiyyappanahalli metro station, located 16.6 km away.several buses operated by bangalore metropolitan transport corporation (bmtc) run through the locality frequently throughout the day. the nearest bus stops are carmelaram railway station bus station, carmelaram railway gate bus station, carmelaram college bus station, and ambedkar nagar (sarjapur road) bus station connecting carmelaram to other parts of the city. kempegowda international airport is located at a distance of 47.4 km from this locality.schools, bank & fitness centersschools in this area:carmel convent schoolindia international schoolgovernment residential schoolescalones montessori and daycare centerseal play schoolbanks in this area:south indian bankstate bank of indiacanara bankicici bankbank of barodaatms in the area:canara bank atmsouth indian bank atmhdfc bank atmstate bank of india atmaxis bank atmfitness centers:verjis fitness academyfit dynamicsyoga sakhipopular landmarks near localitycarmelaram mount caramel churchclaret bhavansisters conventmicro market analysiscapital and rental trends2 bhk and 3 bhk are the most common room configuration in the locality for properties listed for sale. 18% of the properties listed for sale are in the price ranging from rs 60 lakhs to rs 80 lakhs, and 14% of the properties range between rs 80 lakhs and rs 1 crore, and the other 14% are priced starting from rs 1 crore to rs 1.2 crores.2 bhk is the most common room configuration in the locality for rental properties listed. 47% of the properties listed for rent are in the price ranging from rs 20k to rs 25k, and 16% of properties range between rs 15k to rs 20k, and 11% are between rs 25k and rs 30k.scope of growththe locality is developing rapidly in terms of its social infrastructural development, and new projects are lined up in the locality to boost the real estate to meet the demand. there has been an increase in the rates of the properties by 1.5% since the past year. the starting price of a multi-story apartment is rs 4,887 per square foot and can go up to rs 8,631 per square foot.investment opportunitiesthe current movement in the price trends analysis bar is a good sign for the investors to invest in the properties in this locality and the end-users to get a spacious luxury living. the average rate of a multi-story apartment is rs 6,092 per square foot.