The demand for residential apartments in Bengaluru is on the hike, particularly in the peripheral areas of the city, where the utmost growth is taking place. Hosur Road is one of the major thoroughfares of Bengaluru which is witnessing a massive boom in the real estate sector with a swift rising demand for residential properties here. Because of this reason, Bengaluru is one of the most prominent localities of the city that establishes a connection between the rapidly-developing areas such as Electronic City, Koramangala, Sarjapur Road, and others. Hosur Road is majorly renowned for being a part of the National Highway 7 that establishes a connection between Bengaluru and Hosur Town. It is a four-eight lane highway that is well-versed with access control. There is also a 10-kilometer elevated highway that runs from Madiwala to Electronic City. The BDA and BBMP have already planned a plethora of underpasses and flyovers for making this road signal-free. This residential project is also a part of the BETL initiative. The Hosur Road starts from Bommanahalli and goes till Electronic City. This road also goes above the BMIC Flyover which is known as the tallest flyover in the entire city. There has been a massive hike in demand for residential apartments in Bengaluru due to the development of new growth corridors such as Hosur Road which is now one of the most-preferred residential backdrops in Bengaluru and that connects several other important areas of the city such as Sarjapur Road and Madiwala.
There is also a seamless connection between Hosur Road and the International Airport of Bengaluru. This entire vicinity facilitates myriad property options that are diverse and that are catered to several budgets. The rates of the property here are highly competitive and it is another major reason behind the hike in demand for residential spaces in the area.
Leading real estate developers such as Brigade Group, Brigade Group, Sobha Limited, Salarpuria Group, Sekhar Constructions, Puravankara, etc. are predominantly active here among others.
Hosur Road has witnessed high growth, with the building of the Global Tech Village in the city of Bengaluru along with the set up of the BMIC corridor. The entire region of Hosur Road has also benefited immensely from the widening of roads and from the announcement of the extension of the Namma Metro which has also attracted more citizens to this backdrop of the city. Capital values in Hosur Road have also seen a rapid hike and presently these are highly competitive. Those executives and employees who are belonging to the government sector are the predominant residents and home buyers in this region along with the employees of small-scale industries. Apart from this, those working professionals in the developing IT sectors are also creating major inroads into this region. Therefore, the resident profile is getting changed with a more cosmopolitan and contemporary flavor being manifested in this part of the city. Given below are some of the well-known residential zones in proximity to Hosur Road:
Madiwala vicinity is mostly facing a major demand for highly affordable and mid-range residential apartments. It has also witnessed a massive growth in the budget housing sector that leads to the spectacular connectivity with the Hosur Road, Outer Ring Road, and the presence of a plethora of retail and commercial establishments.
The Whitefield part of Bengaluru has seen a significant enhancement in property prices along with several infrastructural developments that cater mostly to the mid-range category. However, here you can also find premium homes.
Koramangala region is very well-equipped with both mid-range and affordable housing options for home buyers and along with this, it is also witnessing swift developments because of being one of the busiest backdrops of the city.
Electronic City is considered the most prominent locality in South Bangalore that has served with huge gains because of seamless connectivity benefits along with well-planned phases. Electronic City is also home to several housing properties of a plethora of ranges.
Connectivity with Nearby Hosur Road Localities
The demand for residential apartments in Hosur Road has witnessed a massive hike because of the connectivity benefits offered by residents. Hosur Road is also known for intersecting with all the major junctions arterial roads and thereby it serves with spectacular connectivity.
Given below are some of the major connectivity boosters: Hosur Road is a part of the National Highway 7 and it establishes better connectivity between Bengaluru to Hosur Road district in Tamil Nadu. It is also very well connected to the Sarjapur Road and Outer Ring Road. You can also very easily find accessibility to NICE Road and other crucial areas such as BTM Layout. HSR Layout is also very well linked to this area. Close to Employment Hubs in Hosur Road Given below are some of the major employment hubs in this vicinity: Infosys SEZ Tech Park Wipro Corporate Head Office is also situated in Sarjapur you can also access it very easily BMIC Corridor Electronic City Koramangala which is known as a major startup hub Whitefield is another major IT hub There are uncountable companies that are situated in the stretch from TVS Motors Co. to Vodafone Corporate Office to Pearson Education and many others Schools in Hosur Road & Other Social Amenities Social infrastructure is considered a major booster for the development of Hosur Road along with the IT corporate offices. Here, you can take a look at the same: Educational Institutions: Baldwin Boys' High School, GVS English School, Bluebell Public School, and SFS Public School ICSE Shopping: Forum Mall, Total Mall, UB City Mall, Bangalore Central Mall, and One MG Road Mall Hospitality: The Leela Palace, Hotel Ibis, and JW Marriott Hotel Bengaluru Hospitals: Live 100 Hospital, Narayana Institute of Cardiac Sciences, Health City, and Sparsh Hospital Entertainment and Recreation: Gopalan Cinemas Innovation Mall, Galaxy Paradise Theatre, and PVR Cinemas Forum Mall Restaurants: Punjabi By Nature, Little Italy, Tharavadu Restaurant, and many others. Physical Infrastructure in Hosur Road
The real estate market of Hosur Road will develop even much more with myriad planned infrastructural developments. Here, you can take a look at the upcoming physical infrastructure for the area: Peripheral Ring Road Proposed elevated expressway RV Road-Bommasandra Metro Line in Phase 2 Price Trends in Hosur Road The average rates of property in Hosur Road remain appropriate for budget housing, around Rs.5,000 per sq. ft. On the lower and higher side of this average price, you can also find residential apartments. The average annual hike is approximately around 4.3%. Why Invest in Hosur Road When it comes to the future growth potential of the city of Bangalore, investing in a home in this vicinity might be fruitful for you. There are an ample number of housing alternatives here and once the metro line will get completed these are also likely to witness a healthier appreciation of property rates. While access to social infrastructure and connectivity with competitive rates are the key USPs, prospective home buyers might be a bit saddened by the slow pace of infrastructural development. During peak hours, traffic congestion is also a perennial issue, but it will gradually get improved with the upcoming developments. Brigade Group Launching pre launch Apartment Brigade Valencia