Hosa Road is facing some much civic issues such as traffic problems during peak hours, drainage issues, pending road repair works and litter. I do not think it will be a good idea to buy a property here.
1BHK apartments in Hosa Road are in the range of Rs 14-21 lakh for anything between 350-600 sq ft. But again the price may vary depending on the construction quality, locality, amenities provided etc.
The project is located at Hosa Road, near Reliance Fresh, Electronic city main Road. They are charging Rs 3000 per sqft. The project has been approved by banks like LIC, Punjab National Bank, SBI, HDFC, DHFL and Bank of India.
The construction is going on full swing and it will get completed by end of 2014. The project has been approved by BBMP. Suvastu Serene is a 2-block apartment complex spread across 1 acre close to Bangalore's Electronic City. Each block houses a combination of aesthetically designed, functional 2 and 3 bedroom apartments
In the July-Sep quarter of 2013, the price od properties in Hosa Road appreciated to Rs 3400 per sq. ft. where as property price is Haralur Road is Rs 5700. New projects coming up in Hosa Road are MSR Dew Drops, Suvastu Serene, Janajeeva Splendor I and Janajeeva Splendor II. The price of the apartments in these project ranges from Rs 24 lakhs to Rs 70 lakhs approximately. If you have a tight budget and looking for affordable property then you can go for Hosa Road.
I agree with you Mr Bijoy that Haralur road is a better option for investment purpose but I am residing in Hosa road, the area is developing slow and steadily. It is one of the peaceful and safe location and easily connected with all important places in the city. There are many new projects coming up in this area. The only disadvantage is the narrow roads.
If you are planning for long terrm investment then you can go for Hosa Road as the area need some more time to get developed and there are not many projects and no good schools in this area. I feel Haralur is a better option and the property price is which Rs 5700 per sqft now is expected to increase more. Decision is up to you want you want to do.
If you are planning for investment purpose then I would advice you to go for Haralur Road as the area is very well connected to other parts of the city by ORR, Electronic city and Sarjapur road. Haralur Road is safe for end use purpose as well as of investment.
I am saying this because Haralur road is well connected to all shopping malls, schools, main road, hospital and offices. It is center to all major places like HSR layout, Electronic city, Sarjapur road and Silk board. Bangalore city Junction is around 18 kms from Haralur road and BIAL is around 52 kms from this area. The area is fast developing and it is also close to NH 7. Around six new project are under construction in Haralur road. So I am telling that the area is going to fetch you good returns in the future.