Q: I am planning to invest in Sarjapur Road-Hosur Road belt and I want to know that will it be a good idea to buy a property here for investment purpose.
The price range for apartments here is Rs 5,000-6,000 per sqft and Rs 8,000-10,000 per sqft for plots. Hosa Road, with access to Sarjapur ORR, has options ranging between Rs 3,500-4,000 per sqft. Apartments on Hosur Road are priced between Rs 5,000-6,000 per sqft,
Signal-free connectivity, availability of large land parcels and office space rentals assure to push demand for both residential properties and commercial spaces along this belt. Areas here also command good rental income.
According to Knight Frank India, the existing office stock on Sarjapur ORR is approximately 12 million sqft and upcoming office supply is approximately 7.60 million sqft. So you can expect good rentals in this belt