An Overview of the Property Market in Koramangala Bangalore
Property Management in Koramangala | Locality Info and Surroundings
Koramangala, undeniably Bangalore's most popular neighborhood, thrives and is in high demand. It occupies 2.82 square kilometers in Bangalore's south-eastern pocket. Koramangala is divided into eight blocks, with the third and seventh being major commercial hubs.
It is primarily cosmopolitan and serves as the hub for many important roads, including the Inner Ring Road (which connects the Airport Road with Hosur Road and Electronic City), Sarjapur Road (which leads to the Outer Ring Road, the IT corridor, and beyond), and 80 Feet Road (leading to Viveknagar and MG Road at the heart of Bangalore).
Koramangala was once an arid, unwanted, and unused area, with even the City Corporation showing little interest in the area. In search of some peace, senior citizens in the city decided to form an association in an attempt to revitalize the area. Koramangala now has tree-lined boulevards and well-paved avenues, making it a prime residential neighborhood with high-rise apartments, posh bungalows, and modest PG accommodations.
There are many eateries in Koramangala and pubs and bars to unwind after a day at work. There are a few malls and a plethora of cineplexes. Also, there are plenty of basic amenities such as ATMs, fitness centers, banks, and department stores.
Education institutions abound in Koramangala, the most notable of which are Jyothi Nivas College and St John's Medical College. Nearby medical facilities include St John's Hospital, The Apollo Clinic, and Beams Hospital.
Koramangala is also home to major business and software firms such as Infosys, Wipro, and Flipkart, India's e-commerce company.
Property Management in Koramangala | Connectivity and Transit Points
Koramangala's reputation as a premier residential and commercial district is influenced by its well-established connectivity to other parts of the city.
Every block has a bus depot, and BMTC (Bangalore Metropolitan Transport Corporation) buses transport commuters to all major parts of the city, from Brigade Road to Electronic City to Kempegowda International Airport.
Every other corner has an auto stand, which provides convenient intra-city transportation.
Bangalore City Junction, the city's main railway station, is 9 kilometers away from Koramangala, and Kempegowda International Airport, though 41 kilometers away, is easily accessible via KIA buses.
Property Management in Koramangala | Major Landmarks
Property Management in Koramangala | Koramangala Block 3
Koramangala Block 3, the Billionaire street of Bengaluru, is a well-known commercial and residential neighborhood in south. The surrounding areas include Koramangala 1st Block, 2nd Block, KSRO Block, and ST Bed Layout. The presence of corporate offices of companies like Toshiba and Flipkart and excellent civic amenities are key drivers of residential growth. Multi-story buildings dominate this area, showing the locality's vertical growth. Some major residential projects in this area include Embassy Tranquil, Raheja Residency, Prestige Philadelphia, and Avant Garde Confluence. The office of PropertyAngel is on Koramangala Block 3.
Bungalows at Koramangala Block 3 starting rental is 5 lakhs/month and upward. Sale prices are starting at 30,000/sft and upwards.
PropertyAngel is the leading O2O (online to offline) property management company in Bangalore, providing professional property management services for villas, individual apartments, and houses. PropertyAngel has over 7 years of experience in property management in Koramangala, and we have a proven process to get you the most promising results.
When you give PropertyAngel your keys, we become your second landlord. In other words, if you hire PropertyAngel, you will not have to deal with property management issues. Similarly, we seek tenants committed to staying in your home for at least a year. We do not consider tenants who intend to stay for a limited time.
Thus, there are no yearly or hidden fees to be concerned about. Besides, you will not be charged a monthly management fee until your property is rented. We are stubborn that we should not make any money until you do as part of our property management in Koramangala. As property management leaders, we aim to generate the most interest in your property by posting pictures and videos on our website, social media, and various real estate portals. We always ensure that your tenants abide by state regulations. When a tenant vacates the property, one of our inspectors will inspect it and provide estimates for any improvements or repairs.
Evictions are an unfortunate situation, but we can make it less painful by:
PropertyAngel is always eager to hear from you to respond to any questions or business inquiries. Our main office is open by phone and in person.
You can also contact us via email. Google Maps makes it easy to find our physical address and location.
Additional Benefits of Choosing PropertyAngel
Premium Tenants: Comprehensive screening methods ensure you shortlist only the most trustworthy tenants. Our tested methods attract tenants who pay on time, stay longer, and cause fewer issues in the unit/living community. PropertyAngel has experience deciphering the facts and warning signs for good versus bad prospective tenants as part of property management in Koramangala.
Shorter Vacancy Periods: Your PropertyAngel property manager starts three tasks to fill vacant units as part of property management in Koramangala. First and foremost, we always try to improve the property by recommending aesthetic improvements that maximize revenue. Second, we negotiate the best possible price for your properties, ensuring you never lose money. Finally, we employ our real estate knowledge to properly advertise your home to attract more applicants in a shorter period. Because of so many prospects, PropertyAngel can close deals quickly and successfully.
Less Legal Disputes: PropertyAngel stays updated on landlord-tenant laws to protect you from unfavorable lawsuits. Landlord-tenant laws include a variety of state and local rules relating to:
PropertyAngel, as part of property management in Koramangala, has the knowledge and experience to take your properties to the next level. We use modern technology to help you view accounts, billing histories, maintenance, and other information more effectively.
Fill out our Property Management Inquiry Form or call us today at (91-80-47095974) or (91-7406484455). We are excited to start working for you!