Indira Nagar and Marathahalli in Bangalore

Bangalore is the dream destination for many young college students who are studying engineering in the country. After to Silicone Valley in America, Bangalore is where most young IT professionals go to seek their fortune and to make it big.

So where do these bright, young professionals live in Bangalore? The city is quite large with many attractive localities for professionals to call home; the city is famous for its nightlife and has a large number of pubs and eateries spread all across the city.

An attractive destination to live in Bangalore is almost certainly Indira Nagar. Being only 5 kilometers from MG Road, the center of Bangalore, Indira Nagar is a picturesque locality with lush greenery and many great restaurants in its vicinity.

Buying property in Bangalore may be important to young people who know that they will work in the city their entire lives, though they may regularly travel abroad with stints in USA, Europe and other parts of India, the likelihood of spending the majority of time pursuing their career in Bangalore may be a given.

Flats in Bangalore at localities like Indira Nagar are usually far more expensive than those in other parts of the city that are further away from the cities commercial center of MG Road. However, there are a small number of 1BHK flats in Bangalore located at Indira Nagar which cost less than 50 lakhs and may suit new comers to the city who wish to own their own home.

Much of the property in Bangalore is priced higher than 1 crore, and post localities like Indira Nagar are almost certainly no exception. Aside from 1 BHK flats in this locality, larger homes and flats easily cost upwards of 2 crores.

As an example a 3 BHK 2000 square foot flat in Indira Nagar will set you back by close to 2.5 crores.  If you wish to own your own house in this locality, be prepared to shell out well over 3 crores. This is almost certainly no place for young fresh graduates to think about buying a large house, if however, you are content with a 1 BHK or 2 BHK home then Indira Nagar may suit your pocket. Keep in mind though, this is not the India it was a few decades ago, today graduates land a job paying the same as what a 40-year-old earned even 10 years ago, salaries starting at over 1 crore are not unheard of, a few may still be able to own that dream home in this posh locality. For such young guns owing real estate in Bangalore at Indira Nagar may be a cakewalk.

For many who wish to buy residential projects in Bangalore at a less upscale location, the suburb of Marathahalli may be perfect. Marathahalli is well connected with top IT parks in the city such as Whitefield, Electronic City and Sarjapur, thus if you work at any one of the above locations, owing a home at Marathahalli makes perfect sense. Property rates in Bangalore at Marathahalli have be increasing over the past 3 years and are now priced at close to 5500 rupees per square foot, this region of Bangalore, once a poor village on the outskirts of Bangalore sure has come a long way.