Is Hosur Road a good place to live?

Searching for investing in Hosur Road? Is Hosur Road a good place to live? Due to the increased demand for residential properties, Hosur Road in Bangalore has seen a real estate boom. Due to its proximity to job centers like Electronic City, Sarjapur Road, and Koramangala, the area has been on people's radars. The four percent annual rental yield has also significantly drawn many investors to Hosur Road. Every investor wants to put money into a property that will generate good returns. Hosur Road in Bangalore has recently gained popularity among real estate purchasers because of consistent Returns on Investment (ROI) and a large supply of properties ready to be moved into. The potential for real estate is increased by its proximity to the city's existing suburbs and the forthcoming Bommasandra-Bommanahalli Metro on the Yellow Line. The benefits of investing in Hosur Road are:

Location close to commercial centers

Hosur Road in South Bangalore has seen a shift in real estate development due to the diminished land supply in the Central Business District (CBD). Also contributing to the expansion of the residential and business markets along the belt was the Electronic City's development as an IT hub. Infosys, Biocon, and other IT firms. Hosur Road is a great location for rental housing because of Wipro, HP, and HCL in Electronic City and the Bommasandra Industrial Area, roughly 10 kilometers distant. The neighborhood's 2 BHK and 3 BHK apartment rents are Rs 17,000 and Rs 23,000 per month, respectively. Social infrastructure, in addition to IT companies, is a significant driver of Hosur Road's development. Numerous renowned schools, hospitals, and shopping complexes can be found in the neighborhood.

The benefit of location and connectedness

From Vellara Junction, Hosur Road runs past Silk Board, Koramangala, Attibele, and Bommanahalli. The section, around five kilometers from the Silk Board Junction, provides decent access to downtown neighborhoods. The popular business hubs of Electronic City and Koramangala are now faster to reach, thanks to the Bangalore Elevated Tollway. The Namma Metro's Trinity Station is located on the Purple Line, 15 kilometers from Hosur Road in Lakkasandra. Additionally, the proposed Peripheral Ring Road, connecting Hosur Road to the NICE Ring Road, would enhance the area's connectivity.

Options for affordable housing

Hosur Road is a developed housing area with the most mid-range priced apartments. One- and two-bedroom society apartments predominate in the region. The average property price in the area is Rs 5,900 per square foot, with a rise of over 5% over the previous five years. Ones offering affordable to mid-segment housing options include Sobha Developers, Salarpuria Sattva Group, Pioneer Group, Concorde, and DS Max Properties. Luxury housing is limited because most buyers prefer residences under Rs. 50 lakh. Hosur Road's thriving real estate market may also be due to the area's relative isolation from the city and low population density.

Why invest in Hosur Road?

Hosur Road's expansion potential supports the trend of real estate investment. Since it is a growing market close to some of Bangalore's most well-liked and expensive residential neighborhoods, including Madiwala, Whitefield, and Kormangala, the demand for real estate will likely continue to rise. In addition, the region has seen prices increase by about 5% over the past five years, including the two years of the pandemic.

Additionally, communication and access will improve once the 19 km Phase-II extension of the Nama Metro route reaches Bommasandra from the RV Road Metro Station (Phase-I). The price appreciation in Hosur Road will continue to be significant because of the favorable location, the social facilities, and the expanding population demand.

Brigade Valencia

Brigade Valencia is an opulent housing development built by Brigade in Bangalore on Hosur Road, off NH 44. The 25-acre property contains 1, 2, 2.5, 3, and 4 BHK units. The location has 1652 high-rise apartments available in four clusters. With 662 luxury apartments, Cielo, the tower, is introduced in Phase 1.

The residences in Valencia are spacious, tastefully lit, and well-ventilated. The flats' architectural designs adhere to the fundamental Vaastu principles. The one-bedroom apartments are ideal for single residents or newlyweds. The two-bedroom apartments are suitable for small families. The three-bedroom flats have enough room for large families. A maid's unit is attached to the four bedrooms.

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