HRBR Layout vs Banaswadi

Q: Which area will be a good option for end use Banaswadi or HRBR layout? Please help

Lewin G,

6th December 2013

Locality Review in HRBR Layout, Bangalore

bangalore real estate

apartments in bangalore

projects in bangalore

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Replies (5)

Which are the developers that have invested in HRBR Layout?

Ananya,

6th December 2013

Comment

Premium developers such as Scion Builders, Elegent Properties, Ajmer Realty, VDB Infra and Realty have launched several projects in the area.

Vivek Kulkarni,

6th December 2013

Kindly mention about completed projects and on going projects with their price structure.

Ananya,

6th December 2013

Completed projects in HRBR Layout: Ajmera Arista, Anya Spring Villas Gold Hosto, Apurva Maples, Scion Luxor, Elegant Heights, Elegant Privilege, Pampa Reliance, Sims Riviera and Arafa Opel.

Ongoing projects in HRBR Layout: Elegant Splendour, NCN Gold and Living Walls Athena

Vivek Kulkarni,

6th December 2013

Which group of people rent out apartments in this area?

Ananya,

6th December 2013

Comment

People who are working in the near by IT hubs are searching for rent in this area; as a result, investors get regular rental returns. The area also witnesses a demand for business and retail segment since lot of shopping complexes, malls, restaurants and cinema halls are coming up in HRBR Layout.

Diwakar Shetty,

6th December 2013

What is the rate per sqft going on in this locality? How is the rental value in HRBR Layout?

Lewin G,

6th December 2013

Comment

In the July-Sep quarter of 2013, the locality price appreciated to Rs 5485 per sq. ft. Rental values range from Rs 200 to Rs 300 per sq. ft per month, whereas capital price for multi-storey apartments are in between Rs 6,000 to Rs 8,000 per sq. ft. In the last quarter October to December 2012 the area sees a rise by 15-20 percent.

Saran,

6th December 2013

Hey Lewin, I use to stay in HRBR Layout when my office was in Manyata Techpark. HRBR Layout is one of the finest Layouts in Bangalore. Properly planned layout with wide roads, calm and peaceful area. If you are looking for end use and you are okay with travelling, you can go for HRBR Layout.

Diwakar Shetty,

6th December 2013

Comment

Hello Diwakar, Can idea about how is the locality for investment purpose?

Lewin G,

6th December 2013

The area is located between Bagmane Tech Park, ITPL and the Manyata Tech Park is just 4 kms away. HRBR layout is easily accessible to other established IT locations like Whitefield, Old Madras Road and it is 32 kms from the BIAL Airport. HRBR is one of the posh localities of Bangalore so if you are investing in this area you can expect good real estate appreciate.

Vivek Kulkarni,

6th December 2013

If you are looking for a property that will bring you high rental values, then HRBR layout is the best option. Sources say that in January-March 2013 quarter, HRBR layout has seen an increase of 113 percent in rental values.

Diwakar Shetty,

6th December 2013

HRBR Layout is one of the fastest growing areas of Bangalore with very good infrastructure facilities & excellent locality to stay. Being close to Manyata Tech Park. This area has all the facilities and luxuries of a well-developed area. I have seen that roads of Banaswadi are not so good and you can see grabage heap on the sides of the road.

Saran,

6th December 2013

Comment