Hebbal as well as the surrounding areas are very good for investment. VASATHI AVANTE (tie-up with Indiabulls Distribution Services Limited), a high return-on-investment (ROI) project, strategically located just behind Manyata Embassy Business Park, near Thanisandra Main Road. Provides free automation system in all homes (first in Bangalore). Price starts from 45 Lakhs. To know more, visit http://vasathiavante.in/ Contact for good deals. Sharan Shroff : +91 8105776694 : sharan.shroff@indiabulls.com
Hebbal is an area in Bangalore which is better known for the Hebbal lake and flyovers that connect the Outer Ring Road and Bellary Road. Hebbal hosts several reputed companies because of which other residential areas around Hebbal have also grown rapidly.
Hebbal has seen large number of projects both mid-segment and upper-segment.In next five, Hebbal is expected to see an average price appreciation of 94 percent. Hebbal has seen a complete makeover in the last decade. The area has gained importance as a preferred destination with the establishment of Bengaluru International Airport at Devanahalli.
The area offers good connectivity through road and rail. The area is easily accessible and is well connected to commercial areas such as Yelahanka and Devanahalli from NH-7. The transport service like volvo buses is also available in the area. Metro is expected to come up in the area in 4-5 years.
Hebbal is the perfect location for residential purposes. The area is also interlinked with Outer Ring Road and Bellary Road. Hebbal is counted among one of the good locations in Bangalore for investment purpose as well as for end use.
As far as I know the project offers 2 and 3 bedrooms apartment with size ranging from 1100 sqft to 1600 sqft. The rate per sqft they are quoting is Rs 3000.
MJ Residency will have only 25 apartments and it is a 6 floors structure. The project is known to be approved by BBMP and banks like HDFC, LIC, SBI and ING Vysya. The project is under construction and the expected possession date of the project is by end of this year.
Some of the leading educational institutes surrounded by MJ Residency are Kendriya Vidyalaya, Presidency School, R.T.Nagar public school, Florida school and Atria College, Acharya College, Rajeevgandhi dental college, Government HKBK College and Ambedkar Medical College