Article

Hennur Road – An ideal destination for property investment

Topic: Real EstatePublished September 15, 2016
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Hennur Road is 12 km long stretch which connects Kannur, a small town located in northern part of Bangalore with Bangalore East Railway Station. The locality was once known to be the periphery of the city has now emerged as the most preferred destination for property investment. The developments in terms of infrastructure and connectivity are some of the major reasons for the realty growth in this region. Here are some of the major factors that drive the realty market in Hennur Road; Connectivity Since the existence of the international airport in Devanahalli, the micro market has been witnessing many real estate developments. Hennur Main passes via areas like Narayanapura, Chikkagubbi, HBR Layout, Banaswadi, Kalyan Nagar, Geddalahalli, and many others. Further, the stretch has close proximity to railway stations in Railway stations in Banaswadi and Bangalore East. With the expansion of this stretch into four-lanes along with a cargo road is in the pipeline, it is expected that Hennur Road will witness further boom in the realty market once this infrastructure project is completed. Good Social Infrastructure Apart from good connectivity, the locality has the presence of several reputed educational institutes as well. Some of the schools in the vicinity include Bangalore International School, CMR National Public School, United International School, and JSS Public School. Some of the colleges located nearby include NICC, Southern Asia Bible College, Teachers Academy Group of Institutions, and M.R. College of Nursing for Girls. When it comes to hospitality in this region, there are several hotels and serviced apartments located here. Some of the top hotels here include Kaitlyns Hospitality, Royal Tranquility, Maple Suites, and Shoba Inn. Apart from it, the locality has several restaurants that specialize in variety of cuisines. Some of them are MealsAtMyDoor.com, 3 Ediots, The Kings Table, and Bon Appetit. Further, the locality has several shopping places like Idhaya Complex, and Carmel Complex. Also, the locality has many healthcare facilities like hospitals, clinics and pharmacies like Medi Derma Hospital, Avhieta Hospital & Healthcare, Vasan Eye Care, and Cratis Hospital. The development of the new international airport has played a major role in pushing up the realty market in this region. The government has planned to develop another route to reach the airport, if it gets completed; the prices of the properties in Hennur Road are likely to be doubled in the following years. According to realty sources, about 70% of property demand here comes from investors. Besides, the lush greenery and peaceful atmosphere here also attracts the home buyers. Owing to this housing demand, many reputed builders are coming up with new projects in Hennur Road which include Samruddhi Rhythm, DS Max Skyscape, Nitesh Melbourne Park, Purva Palm Beach and many others. With the proposed infrastructural developments, Hennur Road is expected to witness an increase in the capital values of properties in future. So if you are looking for property investment in Bangalore then you can consider investing in Hennur Road.

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