You can find good schools and colleges in this area like CMR National Public School, SJR Public School and East Point School. Hennur is in the nascent stages when it comes to healthcare facilities. The main draw back of this locality are snarling traffic jams, unfinished stretches and noise pollution.
The ongoing rates of property spaces in Hennur are around Rs 4,000-5,000 per sq ft. The price of a 2 BHK apartment with basic amenities would cost you Rs 40 lakh and above
Hennur Road was left neglected but ever since the airport was constructed, Hennur has started gaining momentum both from builders and buyers. Hennur is now stabilized to rise exponentially in terms of growth.
Home buyers prefer Hennur because of its connectivity. Recently, an alternative road for the airport has also been planned. The area is going to see drastic change, if this parallel approach comes to life. Secondly, property rates will double in the next one and a half years if the development is happening properly.
In the coming years, the locality is going to see a new dimension because of the small distance from the city centre, planned developments and the close proximity to the airport. With this the property prices are also expected to go up by 15 to 20 percent in the next one year
Properties priced in Hennur is around Rs 3,500 to Rs 4,000 sq. ft. while enjoying a premium to Hennur, the Hennur Road properties also falls in two categories- HBR layout and HRBR layout. On one side side of Hennur Road is HBR layout commands a price Rs 6,000 to Rs 7,000 per sq. ft while HRBR layout on the other side is little higher with prices ranging from Rs 8,000-10, 000 per sq ft.
The area has witnessed a higher supply for premiun projects with price ranging from Rs 80 lakhs to Rs 1 crore. The real estate developers prefer to deliver luxury projects rather than affordable and mid-segment properties, as they are look for maximum profit on their projects.The property price in Hennur Road is higher than prices in Hennur, as more luxury properties are available in Hennur road.
Hennur is not completed developed and still need to have infrastructural developments. However the locality has bright future prospect. The government is planning to widened the Hennur Road to four lane highway along with cargo road for the International Airport.Currently, investors has taken 70 percent of the real estate market in Hennur and Hennur road.
Hennur which is located in the north side of Bangalore, is coming up as a popular residential destination. The reason why the demand for residential real estate has increased is because of the close proximity to the International Airport. There was a rise of 9, 12 and 5 percent in property price in Hennur, Hennur main Road and Hennur road respectively.