Top 10 reasons why you should invest in a property on Hosur Road
The Silicon Valley of India, Bengaluru has well-established itself as a major real estate destination for commercial and residential options at viable prices.
Every investor looks to invest in an ideal property that yields good returns. In this context, Hosur Road in Bengaluru is today the best choice when it comes to investing in real estate. It is one of the main roads in Namma Bengaluru, known for its connectivity within the city, to the well-established suburbs, and also to other cities in the neighboring state of Tamil Nadu.
Several factors make this location a highly active area for real estate development and investment. Here we’ve highlighted 10 of the many reasons; Keep reading.
Top 10 Reasons to Invest In a property on Hosur Road
Hosur Road is a part of the National Highway 7 and links Bengaluru and Hosur Town. This is a 4-8 lane highway with access control. There is also a 10 km elevated highway that runs from Madiwala to E-City. The BBMP and BDA have already planned several flyovers and underpasses, to make this road signal-free. The project is also a part of the BETL initiative. The road starts from Bommanahalli and goes till E-City. It also goes above the BMIC Flyover, which is the tallest in the city.
1. High Growth
The infrastructure initiatives have boosted the growth of the residential property market in peripheral areas of Hosur Road and Electronic City to a greater extent. After the completion of the flyover on the stretch, many IT sector employees are enjoying the comfort of living in the proximity to the working areas in Electronic City. Affordable 2 BHK apartments in Hosur Road are being constructed along with the areas in the Hosur Road stretch. 2 BHK and BHK apartments are available for sale with a built-up area varying from 95 to 1250 sq ft. for 2 BHK and 1375 to 1550 sq ft for 3 BHK units. Out of the total housing units launched here, the units in Hosur Road and Electronic City accounted for about 14%.
The average growth rate of the property price of a 2 BHK apartment in Hosur Road in the last year is in the range of 15 to 20 %. As the demand for housing is continuously rising, Hosur road properties can fetch even higher returns in the near future.
2. Connectivity Advantages
The demand for real estate in Hosur Road has surged upwards, due to the connectivity returns on offer for its investors/residents. Hosur Road intersects with all the key arterial roads and junctions and thereby, offers outstanding connectivity advantages. A few of the major boosters are:
- National Highway 7
- NICE Road
- Outer Ring Road
- Sarjapur Road
One of the biggest boosts to the area has been the Bangalore Elevated Tollway from Bomanahalli to Electronic City, which drastically reduces the travel time from Koramangala.
3. Metro Rail Connectivity
The metro rail connectivity is yet another good reason to invest in this area. The metro not only connects you to major city parts it will also give you a hassle-free commute.
4. Close VicinityTo Employment Hubs
Some of the major employment hubs in the neighborhood are:
- Electronic City.
- Infosys SEZ Tech Park
- BMIC Corridor
There are more than 300 companies including tech giants like Infosys, Wipro, TCS, HCL, Tech Mahindra, Biocon, and government companies like BHEL, etc. if you are working in IT/ ITES services, this is the right place to live in.
5. Educational Institutions
Renowned educational institutions like Symbiosis, Well Inker, Don Bosco, SFS Public School, Baldwin Boys’ High School, Bluebell Public School, GVS English school, etc. are set in the close proximity of electronic city which caters to all sections of students that includes professional studies and schools.
6. Best Social Infrastructure
Social infrastructure is another booster for Hosur Road, here’s a quick look at some shopping, entertainment, and eateries around:
- Restaurants – Punjabi By Nature, Little Italy, Tharavadu Restaurant, and many more.
- Hotels – JW Marriott Hotel Bengaluru, The Leela Palace, and Hotel Ibis.
- Shopping – UB City Mall, Total Mall, Garuda Shopping Mall, Bangalore Central, One MG, and Forum Mall.
- Entertainment And Recreation– PVR Cinemas Forum Mall, Gopalan Cinemas Innovation Mall, and Galaxy Paradise Theatre.
Being amid the best social infra makes life Hosur easy for all and that is why the property rates are continuously on a climb.
Along with entertainment and shopping, proximity to hospitals hold utmost importance. With Narayana Institute of Cardiac Sciences, Vimalalaya Hospital, Athreya Hospital, etc. in and around Hosur, you would never have to worry about the health demands of you and your loved ones.
8. Close To Prominent Areas In Bengaluru
Hosur road is very near to some of the most popular high-value residential zones including Madiwala, Whitefield, Kormangala, and Electronic City.
9. Less Polluted Area
Apart from the proximity to workplaces, this stretch also enjoys a multi-cultural populace and this is yet another reason why people are preferring to move to Hosur. Also, this location is a little cut out from the otherwise madding crowds and the dense population that Bengaluru is popular for and is subsequently less polluted and has wider roads. Yet another reason for the real estate buzz in Hosur.
The appreciation value for the properties located in Hosur road will be very high due to the location advantage, social amenities, and demand of the increasing population.
Amazing Location, vicinity to workplaces, multi-lingual demographic, excellent connectivity, and affordability are in short, the top reasons that make Hosur road an attractive area for investment. Take a note, demand for housing is growing in Hosur Road and investors are getting healthy returns. It might be a good time to invest in the area to earn good returns and enjoy a high-end lifestyle.