Invest in HSR Layout real estate, for better returns
Off late, Bangalore has been accredited with robust growth and high price trajectory patterns, when it comes to stiff comparison with other urban sprawls of India and HSR Layout has played a key role in it. Real estate in HSR Layout is signified and highlighted by steadiness in price and a positive buying behavior from customers who wish to cut out a good deal, when it comes to flats, plots and villas in and around the Silicon Valley.
HSR Layout is an acronym of the Hosur Road Sarjapur Layout, since it span out between Sarjapur Road in Bangalore South and Hosur Road, adjoining BTM Layout and Koramangala. Strategically located on the south-east counterparts of Bangalore, one of the best things about buying apartments in HSR Layout is the broad roads. Covering an area of 1500 acres, HSR Layout also boasts of a number of parks as well.
Why it is one of the top preferred localities in Bangalore
Apartments in HSR Layout has found a number of takers on account of its excellent connectivity. Along with its close proximity to ELectronic City, the locality also offers trouble-free access to hotspots like BTM Layout and Koramangala. For those employed in the Wipro corporate office or in Marathahalli, the locality offers easy commute. Reaching the bangalore International Airport (Kempegowda International Airport) is a matter of 22 minutes from the area.
In addition to its list of credentials, the Bangalore railway station is just half hour distance from the neighborhood. Along with connectivity, adequate social infrastructure that promises a peaceful living are also in the offing in the locality. With a good number of shopping malls, schools, hospitals and banks along with other facilities all within a 5-km radius, HSR Layout is definitely on a spin.
What sustains the demand
Given the last two quarters of 2013, HSR Layout has secured its market position in the list of preferred locations for properties (sale or rent) in Bangalore. As per market data, the capital value in the area runs between Rs 4000- Rs 5300 per sq ft, while the rental values vary between Rs 17- Rs 27 per sq ft. Riding on the back of affordability, strategic location and slew of upcoming projects, the locality offers good prospects in the platter of the investors and end-users.
The locality registers a pre-dominance of mid-level IT level professionals, dwelling in the area. Furthermore, the locality is in close proximity of Marathahalli, Electronic City and Sarjapur Road at a distance of 6-7 km. This, as a result, will rope in the IT population in bulk from other cities.
