the name “Malgudi” was formed by adding up the names of two of Bangalore’s old neighborhoods, Malleshwaram and Basavangudi.At one point of time Malleswaram was the culture bastion of "North Bangalore" and Basavangudi was quientessential "South Bangalore". Bangalore has grown far more than what was once considered as "North Bangalore" and "South Bangalore", and Malleswaram and Basavangudi have changed forever. No longer can they be considered as quiet neighbourhoods at the very ends of town. This is one of the side effects of Outsourcing and it is with a sense of loss that most of the original Bangaloreans look back at the time when Malgudi Days was first broadcast on State TV.
As this post is being typed, I'm watching a very thin, youngish Girish Karnad in one of the short stories that make up Malgudi Days.
Malgudi days is a true classic by R K Narayan. link.