Hennur Road - Growing Investment Real Estate Area

Hennur Road - Growing Investment Real Estate Area

By siliconindia   |   Thursday, September 25, 2014


Bangalore being as a hub of Information technology has developed beyond expectations in recent years. Hennur Main Road, which directly connects the Bangalore International Airport in the northern extremes of the city, is growing as a real estate investment destination. This area is witnessing high investment property returns from the past few months as it has expanded a very fast pace.

The area, which was the outskirt of Bangalore city is planned to be extended to a four lane highway for cargo road to the International Airport. The proposed infrastructure development, proximity to the International Airport and vicinity to Bangalore city centre adds an advantage to Hennur Road to be a prominent locality for property buyers and is expected to give better returns in the coming years.

The areas which surround Hennur Road are Kalyan Nagar, Hebbal, Banaswadi, Nagawara, HBR Layout, Richards Road, Lingarajapuram and many others. Now a day, Hennur Road is largely driven by investors that account 70 percent of demand. The capital value of residential houses in this locality is from rs 4535 per sq ft to rs 5000 per sq ft. Furthermore, the area witnesses a higher supply of premium segment properties than mid segment affordable properties. The CBD Central Business District is near to Hennur Road and is in close proximity to Manyatha Tech Park, Embassy and many other famous Tech parks.

Its peacefulness and greenery is attracting many property buyers for investments, this is an advantage over developed localities. When compared to property prices Hennur Road commands higher prices than Hennur. The Hennur Road property prices fall under two categories, namely HBR layout and HRBR Layout. The HBR layout commands a price of rs 3827-4057 per sq ft where HRBR Layout ranging from rs 5489 – 6500 per sq ft.

see more : possible location to get flat under 15 lakhs

Follow SiliconIndia :