Located in the northern part of the Bangalore city, Hennur Road today has emerged as an ideal location for residential real estate investment. Once a village, infrastructural development which took place in the last few years has made this locality a promising property market. Also, presence of educational institutions and corporate offices in the nearby regions has attracted many homebuyers to this location in recent time.
Hennur Road enjoys seamless connectivity to the International airport which is just 45 minutes away. Apart from this, the road connects this locality directly to other parts of Bangalore which makes it easy for commuters to reach the central part of the city.
The locality is also home to state-of-the-art infrastructure. Presence of many corporate offices and IT parks in the vicinity like Manyata Tech Park, Kirloskar Tech Park, Microsoft, IBM, Phillips, etc. have added feathers to the realty market of the locality. Because of this, there is a high generation of jobs in this region which is attracting leading realtors to develop their projects here for the aspiring homebuyers working nearby. Some of the major developers present in the locality are Rohan builders, Adarsh group, Purva, Bhartiya City, L and T group, etc.
One can easily find multi-storey apartments and villas in this locality. At present; the average property price here is Rs 5,591 per sqft. A 2 BHK starts Rs 52 lakhs, while a villa can be availed in a crore. Because of its proximity to educational institutions, one can also invest in apartments to earn rental income from students as well as working professionals.
With better infrastructural development, and presence of companies, needless to say, that at investing in Hennur Road will definitely prove to be a good investment option for homebuyers, suggests expert.