The increased demand for residential buildings has resulted in a real estate boom along Bangalore's Hosur Road. The four percent annual rental income is a significant motivating element for many to invest in Hosur Road. Due to its proximity to employment hotspots like Electronic City, Koramangala, and Sarjapur Road, the location has been on people's radars.
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 additionally 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 highlighted.
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). Further contributing to expanding the residential and business markets along the belt was the Electronic City's development as an IT hub. Hosur Road is a great location for rental housing because it is close to IT businesses like Biocon, Infosys, Wipro, HP, and HCL in Electronic City and the Bommasandra Industrial Area, which is around 10 kilometers away. 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 Technology companies, is a significant driver of Hosur Road's development. Several renowned schools, hospitals, and shopping complexes can be found in the neighborhood.
Hosur Road runs from Vellara Junction past Silk Board and Koramangala to Attibele and Bommanahalli. The stretch connects to downtown neighborhoods and is roughly five kilometers from the Silk Board Junction. The famous business centers of Electronic City and Koramangala may now be reached faster, thanks to the Bangalore Elevated Tollway. The Namma Metro's Trinity Station is on the Purple Line, 15 kilometers from Hosur Road in Lakkasandra. Furthermore, the proposed Peripheral Ring Road, connecting Hosur Road to NICE Ring Road, would enhance the area's connectivity.
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. 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.
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 rise by about 5% over the past five years, including the two years of the pandemic.
Moreover, 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 is a luxurious home development built by Brigade on Hosur Road, off NH 44, Bangalore. Apartments in the 25-acre development range in size from 1, 2, 3, and 4 BHK. 1652 high-rise apartments are available on the site, which has four clusters. With 662 luxury apartments, Phase 1 introduces the Cielo tower. The design outlooks of the apartments follow the fundamental Vaastu principles. At Valencia, the houses are spacious, tastefully lit, and well-ventilated. For single tenants or newlyweds, the 1 BHK houses are ideal. Little families are ideal for the two-bedroom apartments. Large families can comfortably live in the 3 BHK flats. An attached maid's unit is part of the four BHKs.
Brigade Valencia is located in one of East Bangalore's most beautiful areas. The building is adjacent to Electronic City on Hosur Road, off NH 44. The region is known as the city's IT hub. All important civic infrastructure is located adjacent to the project. Also, it incorporates strong infrastructure, like flyovers, public parks, and large roadways. Prestigious schools, hospitals, and employment centers surround the immediate vicinity of the project site.
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