Property rates & trends in HSR Layout, Bengaluru

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Due to its strategic location, HSR Layout has witnessed a major increase in demand for houses during the past few years. Established physical infrastructure along with good social infrastructure is supporting the real estate growth of this locality. The locality, largely resided by IT professionals working in nearby hubs such as Electronic City or Whitefield, has significant real estate requirement. As a result, end-user as well as investor demand exists in HSR Layout and this locality remains a key real estate hotspot of Bangalore.

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Summary

• Located on the IT Corridor between Electronic City and Whitefield
• Key arterial roads passing through the locality
• Connectivity to further improve after completion of Namma Metro Phase II (Yellow Line)

Key Growth Drivers

• Situated on the IT Corridor between Electronic City (~ 20 min) and Whitefield (~ 35 min), a large population of residents in HSR Layout are IT professionals.
• Strategic Location – With BTM Layout and Bommanahalli in the West, Koramangala in the North West, Sarjapur Road in the East and Bellandur in the North, HSR Layout is one of the fastest developing localities in Bangalore.
• Conveniently located with key arterial roads such as Hospalya Main Road, Haranur Road, NH 7 (Hosur Road) and Sarjapur Main Road passing through the locality
• Kempegowda International Airport is at a driving distance of 60 min, via NH44 or Bellary Road.
• The proposed Phase II of the Yellow Line of the Namma Metro connecting RV Road to Bommasandra will have a metro station at HSR Layout. This is likely to further boost real estate demand in the locality.
• Good social infrastructure with presence of:
  • Educational institutes such as Lawrence School, JSS Public School, Cambridge Public School, Oxford College of Science, National Institute of Fashion Technology, JSS College, etc.
  • Hospitals such as Greenview Medical Centre, Asian Specialty Hospital, Narayana Multispecialty Hospital and Queen’s Hospital.

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Source: https://ecis2016.org/.
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Source: https://ecis2016.org
Category: Lifestyle