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MJR North Park

Gummanahalli, Bangalore

RERA ID : ACK/KA/RERA/1251/472/PR/130124/007758, PRM/KA/RERA/1251/472/PR/050224/006611

Builder : MJR Builders Private Limited

Price Range

₹ 86.01 Lacs - 1.40 Cr

Own it @ ₹98,068/month

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Unbiased Property Search & Analysis

Price Negotiations with Builders

End-to-End Personalised Assistance

Home Loans @ 7.85% from 40+ Banks

Unbiased Property Search & Analysis

Price Negotiations with Builders

End-to-End Personalised Assistance

Home Loans @ 7.85% from 40+ Banks

Unbiased Property Search & Analysis

Price Negotiations with Builders

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AI Real Estate Advisor
By Credit Dharma

MJR North Park Highlights

Project Location
Gummanahalli, Bangalore, Karnataka
Builder Name
MJR Builders Private Limited
Possession Date
Dec 2027
Total Land Area
undefined acres
No. of Units
354 units
Configuration Variants
2 BHK, 2.5 BHK, 3 BHK
Carpet Area Range
NaN - NaN sq. ft.
Price Range
₹86,01,000 - ₹1,40,00,000
AspectsDetails
Project LocationAerospace Park, Gummanahalli, Bagaluru, Bengaluru, Karnataka 562149
Builder NameMJR Builders
Possession DateDecember 2028
RERA No.PRM/KA/RERA/1251/472/PR/050224/006611
Total Land Area2.25 Acres 
No. of Towers/ Units1 Tower2 Blocks354 Units
Configuration Variants2 BHK, 2.5 BHK, 3 BHK
Carpet Area Range1059 sq. ft. – 2075 sq. ft.
Price Range₹84.90 Lakh Onwards

MJR North Park | Overview

MJR North Park puts a fresh spin on community-centric living in North Bengaluru. Set amid wide skies and quick access to the airport corridor, the development offers high-rise homes where natural light, cross-ventilation and long city views come standard.

Each floor has been planned with “aggregation of common areas”, core walls are pulled back to create generous shared lounges, meeting nooks and green terraces that make neighbours feel like an extended circle of friends.

Sustainability runs through the blueprint: façades are angled for daylight harvesting, apartments rely on all-natural airflow to cut air-conditioning load, and energy-efficient systems keep common-area costs low.

The result is a residence that pairs everyday practicality with responsible design, positioning owners for long-term value appreciation as the northern tech belt and upcoming rail links continue to expand.


Why Should You Buy a Property in MJR North Park?

North Bangalore’s real estate market is booming, and MJR North Park is poised to ride this wave. With high rental yields (3-4% annually) and projected 10-15% appreciation in property value, your investment grows steadily. For those considering renting out their home later, this ensures a steady income stream alongside long-term wealth creation.

  • Amenities for all age groups
  • Expansive landscaped gardens with lush greenery
  • Natural and serene ecosystem promoting sustainable living

MJR North Park Configurations and Floor Plan

ConfigurationCarpet Area (sq ft)Price (Onwards)
2 BHK1,059 – 1,092₹ 84.9 Lakhs
2.5 BHK1,340₹ 1.07 Crore
3 BHK (Option 1)1,519 – 1,596₹ 1.32 Crore
3 BHK (Option 2)1,538 – 1,556₹ 1.26 Crore
4 BHK2,075₹ 1.79 Crore

MJR North Park Location Advantages

School-Run Simplicity

Ryan International, Delhi Public School (North), Jawahar Navodaya Vidyalaya and CMR University all sit within a short drive, while Brindavan College and REVA University give under-grad and post-grad options without leaving the neighbourhood.

Healthcare Close-By

From everyday check-ups to specialised care, you’re covered by Relive, Motherhood and Cratis hospitals, with Manipal and Aster CMI adding tertiary facilities just a few minutes farther out.

Shop, Dine & Unwind

Weekends practically plan themselves—catch a movie at Elements or RMZ Galleria, browse brands at Esteem or the upcoming Mall of Asia, or slip into the Royal Orchid Resort for a lazy brunch. Taj Bangalore and the new Bhartiya Mall of Bengaluru round out the choices for fine dining and retail therapy.

Business & Tech Hubs

Daily commutes stay short with Kirloskar, Shell and L&T tech parks in one direction, Manyata and Bhartiya City in the other, and the proposed IFCI Financial City set to add even more Grade-A offices nearby.

Seamless Connectivity

Kempegowda International Airport is the headline advantage, backed up by its own halt railway station; proposed stops at Bagalur Cross and Bettahalasur promise easier metro or suburban-train links once complete, keeping every corner of Bengaluru—and beyond—within easy reach.


Living at MJR North Park Lifestyle Benefits

Seniors’ Comfort & Wellness

  • Transitional garden zone eases the walk from home to courtyard with level, shaded paths.
  • Elders’ area features comfy benches and quiet corners for daily catch-ups.
  • Reading corner tucks armchairs under a pergola for peaceful page-turning.

Kids’ Adventure Zones

  • Multi-surface play courts mix soft EPDM and lawn so kids can run, jump and tumble safely.
  • Toddler sand-pit keeps the youngest explorers busy with buckets and spades.
  • Children’s lawn games area leaves plenty of green for tag, frisbee or a quick mini-soccer match.
  • Shallow kids’ pool lets little swimmers splash under watchful eyes.

Active Fitness & Sports

  • Yoga and meditation lawns spread out cool grass for sunrise stretches or evening mindfulness.
  • Yoga / chess court doubles as a calm board-game spot between sessions.
  • Reflexology walkway massages tired feet through stone-set paths.
  • Elders’ outdoor gym adds low-impact machines for safe strength training.
  • Cricket practice pitch provides nets for quick batting drills.
  • Multipurpose exercise lawn hosts weekend boot camps or badminton rallies.
  • Lap pool with deck invites serious swimmers and sun-loungers alike.

Social Seating & Lounges

  • Central lounge arranges cushioned seats around a community table for casual hangs.
  • Stepped gallery offers tiered benches perfect for open-air movie nights.
  • Pergola pavilion delivers shaded seating with climbing greens overhead.
  • Pathway benches let you pause mid-walk and watch garden life go by.
  • Planting pockets with seats weave greenery and conversation space together.

Green & Community Spaces

  • Urban farming plots let residents swap store trips for home-grown herbs.
  • Meeting/activity corner reserves a shaded square for card games or group yoga.
  • Peripheral planting belts wrap the site in privacy screens and fresh oxygen.

Property Details

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MJR North Park: Property Specifications

SpecificationPreferred Brands / Materials
Large-format vitrified tilesExxaro, Kajaria, Somany, Orient Bell, Nitco
Marble flooring & accentsImported marble or engineered marble
Ceramic tilesKajaria, Orient Bell, Exxaro, Somany
Main door lock (biometric)Yale, Samsung, Häfele
Other door hardwareYale, EuroArt, Union, Häfele
Sanitary wareToto, Kohler, Duravit, Roca, Vitra
CP fittingsGrohe, Kohler, Jaquar
Modular switchesPanasonic, Anchor, ABB, Schneider
Electrical wiresAnchor, KEI, Polycab, Lapp, RR
HT/LT cablingPolycab, KEI, Gemscab, Gloster, Universal
Distribution boards (DB)ABB, Schneider, Panasonic, Siemens, Indo-Asian
PaintsAsian Paints, Berger, Godavari, Nippon
LiftsSchindler, Otis, Kone, Thyssenkrupp
Laminated wooden flooringLumber, Tesa, Euro (or equivalent)
CementACC, Ultratech, Zuari, Dalmia, Chettinad, Ramco, Coromandel

About MJR Builders

MJR Builders, a distinguished real estate firm, is celebrated for its legacy of excellence in crafting residential and commercial spaces marked by quality and sophistication. Led by Chairman & MD Mr. Madhusudhan T and Managing Partner Dr. Hemalatha Ayirala, the company leverages over two decades of expertise in real estate and IT to deliver trusted, customer-centric projects. 

Its vision focuses on redefining industry standards through innovation, integrity, and transformative community experiences. The brand’s identity—symbolized by a logo featuring green (eco-friendliness), blue (transparency), and intertwined ovals (trust, value, cosmic balance)—reflects its commitment to sustainable, harmonious living. With adaptable yet durable branding, MJR Builders epitomizes trust, blending tradition with modernity to create spaces that delight. 


MJR North Park Pricing Breakdown

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Property Buying Costs You Should be Aware of

When buying a property, it’s important to consider more than just the purchase price. There are several additional costs that can significantly impact your budget. Understanding these expenses upfront can help you plan better and avoid any surprises during the buying process.

Stamp Duty Charges in Karnataka 2025

CategoryAbove Rs 45 LakhRs 21-45 LakhLess than Rs 20 Lakh
Male5%3%2%
Female5%3%2%
Male + Female5%3%2%
Male + Male5%3%2%
Female + Female5%3%Not specified

Note: In addition to the above rates, the Karnataka government levies a 10% cess and a 2% surcharge (or 3% in rural areas) on the stamp duty payment, which results in a total stamp duty of approximately 5.6% (or 5.65% in rural areas) for properties above Rs 45 lakh.

Property Registration Fees in Karnataka 2025

CategoryRegistration Charges
Male1% of the property value
Female1% of the property value
Male + Female1% of the property value
Male + Male1% of the property value
Female + Female1% of the property value

Property Tax in Bangalore 2025

Property TypeZone AZone BZone CZone DZone EZone F
Residential2.00%2%2%1.40%1.20%1.00%

Interior & Furnishing Cost Estimate (1,200 sq ft home)

CategoryCost per Unit (₹)Quantity/ScopeCost Notes
Flooring80–200/sq ft1,200 sq ft96,000–240,000Vitrified tiles (basic: 80–120/sq ft, premium: 150–200/sq ft).
Painting25–50/sq ft1,200 sq ft30,000–60,000Emulsion paint (mid-range: 30–40/sq ft).
Electrical Work40–80/sq ft1,200 sq ft48,000–96,000Wiring, switches, and fixtures.
Plumbing30–60/sq ft1,200 sq ft36,000–72,000Pipes, fittings, and basic labor.
Kitchen1,200–3,500/sq ft100 sq ft (modular)120,000–350,000Includes cabinets, countertops (quartz/granite), and sink.
AppliancesN/AChimney, hob, oven, etc.80,000–150,000Mid-range brands (e.g., Faber, Hindware).
Bathrooms15,000–30,000/bathroom2 bathrooms30,000–60,000Sanitaryware, faucets, and tiles.
FurnitureN/ALiving/dining/bedrooms300,000–600,000Sofas, beds, wardrobes, dining sets (particle board vs. solid wood).
Lighting1,000–10,000/fixture20–30 fixtures20,000–300,000LEDs, chandeliers, and decorative lights.
1Window Treatments800–3,000/window6–8 windows4,800–24,000Curtains, blinds, or shutters.
Decor & Soft Furnishings500–5,000/item10–20 items5,000–100,000Rugs, cushions, wall art, and plants.
MiscellaneousN/AStorage, automation20,000–100,000Shelving, smart home systems, or labor contingencies.
Total Estimated Cost789,800–1,986,000Excludes structural changes or luxury upgrades.

How to Get a Home Loan for MJR North Park?

Getting the right home loan can simplify the process, but you need to know each step: checking eligibility, gathering documents, comparing lenders, and understanding how disbursement works. Follow this roadmap to ensure you don’t miss a thing.

1. Check Your Eligibility

  • Basic Criteria: Age (21–60 for salaried, up to 65 for self-employed), steady income, and a stable job or business history.
  • Credit Score: Aim for 750+ (CIBIL) to get better interest rates.

2. Gather Key Documents

  • Identity/Address: Aadhaar, PAN, Passport, or Voter ID.
  • Income: Salary slips/Form 16/bank statements (salaried); ITR/GST returns/profit-loss statement (self-employed).
  • Property: Sale agreement, approved plans, NOCs, RERA registration (if applicable).

3. Evaluate Budget & Loan-to-Value (LTV)

  • Lenders typically offer 80–90% of the property’s value.
  • Factor in stamp duty, registration fees, and GST (for under-construction).

4. Compare Lenders & Government Schemes

  • Banks vs. NBFCs: Check interest rates, processing fees, and loan tenures.
  • PMAY (Pradhan Mantri Awas Yojana): Possible interest subsidy for first-time buyers.

5. Pre-Approval & Underwriting

  • Pre-Approval: Submit financials to get a rough loan amount estimate.
  • Underwriting: Lender evaluates your repayment capacity and the property’s valuation.

6. Sanction & Disbursement

  • Sanction Letter: Confirms loan amount, interest rate, and terms.
  • Disbursement: Often directly to the seller/builder; may be in stages for under-construction homes.

7. EMI & Insurance

  • EMI Setup: Starts soon after disbursement; opt for auto-debit to avoid missed payments.
  • Insurance (Optional): Home loan protection plans can safeguard your family from outstanding debt.

8. Tax Benefits

  • Section 80C: Principal deduction up to INR 1.5 lakh per year.
  • Section 24: Interest deduction up to INR 2 lakh per year for self-occupied property.

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  • Better Price Negotiations: We handle the bargaining so you get the most value for your money.
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  • Expert Advisors: Our friendly team walks you through the entire process—no guesswork needed.

Seamless Home Loan Offers: We connect you with competitive rates and a hassle-free loan experience.


Frequently Asked Questions

Does MJR North Park include covered parking for every apartment?

Yes, each home is allotted one covered bay in the stilt-level podium; additional or tandem slots can be purchased while inventory lasts.

Is there an EV-charging facility at MJR North Park?

Every parking row is pre-wired for electric-vehicle chargers, and dedicated fast-charge points can be installed in individual bays for a nominal cost.

How earthquake-resistant is the structure of MJR North Park?

The tower is designed as an RCC frame compliant with IS Codes for Seismic Zone II, with shear walls and raft foundations to enhance lateral stability.

Can pets be kept in MJR North Park apartments?

Yes, regular household pets are welcome; a small pet-walking patch is planned along the peripheral garden, and guidelines on leash use will be issued by the association.

Will MJR North Park be delivered in phases or all at once?

All 354 units are part of a single-phase build; amenities, landscaping and both blocks will be ready together for a December 2028 possession.

What smart-home features come standard in MJR North Park flats?

Each apartment includes a video door phone, Wi-Fi–enabled main-door lock and app-based control for lights and air-conditioner points in the living area.