Located in the extremes of North Bangalore, Hennur Road is one of the most sought-after destinations for residential as well as commercial property in Bangalore. It directly connects the northern localities to the Bangalore International Airport, which has come out as the main reason for tremendous growth in its real estate sector. Over the last few years, Hennur and Hennur Main Road localities have witnessed a substantial rise in property values. Out of the total Flats for Sale in Bangalore, a major fraction lies in the North and East.
Hennur Road property demand is largely driven by the investors who contribute to more than 70%. This is because the locality is still in the development stage. The infrastructure is still not up to the mark. Projects have been launched by the government for the betterment of its physical framework and civic amenities. Hennur Road is being widened into a four-lane highway along with a cargo road to improve connectivity with the airport.
Hennur Road is surrounded by the Manyata Tech Park on the Ring Road in the East, Kariyana Palya, Kacharakanahalli, Hennur and Kothanur in the North. This stretch of around 12 km is going to be the future of Bangalore real estate. The proximity of Hennur and Hennur Road localities to the Central Business District (CBD) also assures promising returns on properties. Bangalore has an ever-expanding IT sector and the wave is gradually moving towards the North. The ample availability of space, peaceful environment and a developing infrastructure together make the locality a promising spot for property investment.
It should be noted that Hennur is a village with narrow roads and congested interiors, whereas Hennur Road lies along the highway and boasts of premium projects like villas and penthouses. Property prices in Hennur range between Rs 4,000-5,000 per sq ft which is comparatively affordable. On the other hand, since Hennur Main Road is eyed by the investors, developers prefer to launch high-end projects ranging between Rs 8,000-10,000 per sq ft.
Apart from all the other reasons, connectivity is the main factor that has made Hennur Road a promising location. A few flyovers are also under-construction which would make Electronic City easily accessible from here. Substantial funds are being pumped into the north Bangalore infrastructure development thus improving the viability of this locality as an investment hotspot. International medical and educational facilities are also coming up in the area. As of now, the locality is an investment hotspot but over the next decade it is expected to be an end-user market providing all necessary amenities for a high-class living.
So, if you are an investor, Hennur Road is an excellent locality to invest in to make huge returns in the future.
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