With central localities reaching saturation points, a number of peripheries and suburbs have fast developed into becoming most sought after micro markets. And one such market that is bustling with an array of construction activities in HSR Layout. Strategical situated between Sarjapur Road and Hosur Road, the vicinity is cited to be one of the most preferred realty destination of Bangalore. The 1,500 acre neighbourhood offers the perfect mix of residential and commercial spaces making the locality a hub for the cosmopolitan crowd.
Apart from the growing commercial belt- the green canopy is another factor that is enticing many property builders. The serene environment, the large green parks create the perfect background for premium homes- and builders are leaving no stone un-turned when it comes to creating extraordinary living spaces. Both local and national real estate developers are purchasing large tracts of land to build marvelous capital ventures. Apartments for sale in HSR Layout are selling like hot cakes. According to recent reports, the influx of housing demand has reached such a point that the absorption rate of housing units has crossed 60%. Depending on the amenities offered by the builder an apartment for sale here is expected to cost an average of Rs 4,700 per square feet.
Owing to the presence of land in large parcels, the area is cited to develop further. The insurgence of many residential projects along areas beyond the BDA (Bangalore Development Authority) layout are cited to be residential hotspots. Some of the active residential catchment areas include- Venkatapura, Somasandrapalya, Hosapalya and Parangipalya. Luring potential home buyers with their world class facilities, a house for sale in HSR Layout, especially in any of these sub-localities is expected to hover over a price bracket of Rs 7,900 and Rs 10,200 per square feet.
Another factor that has played a pivotal role in flourishing the area’s realty sector is its seamless connectivity. HSR Layout’s proximity to ORR (Outer Ring Road), Hosur Road and Sarjapur Road has enticed many working professionals from neighbouring SEZs (Special Economic Zones) to shift base here. The upper middle class white collared professionals are renting out various properties here. If you are finding it really difficult to zero down on a liable property worry not, check out the IP verified listing on IndiaProperty.com. Second time home buyers and investors are now tapping into the growing rental demand and are letting out their spaces only to earn fruitful returns.
With there being an inherit demand for 2 BHK homes, it doesn’t come as a surprise to see property prices soaring. According to data, rental yields in this vicinity have witnessed a 16% escalation. On an average, home here are estimated to churn a rental yield anywhere between Rs 16,000 and Rs 25,000 per month depending if the homes are semi or fully furnished.
So if you are looking to investing in properties that promise high ROI and also generate high rental yields- HSR layout is the place for you.
Apart from the growing commercial belt- the green canopy is another factor that is enticing many property builders. The serene environment, the large green parks create the perfect background for premium homes- and builders are leaving no stone un-turned when it comes to creating extraordinary living spaces. Both local and national real estate developers are purchasing large tracts of land to build marvelous capital ventures. Apartments for sale in HSR Layout are selling like hot cakes. According to recent reports, the influx of housing demand has reached such a point that the absorption rate of housing units has crossed 60%. Depending on the amenities offered by the builder an apartment for sale here is expected to cost an average of Rs 4,700 per square feet.
Owing to the presence of land in large parcels, the area is cited to develop further. The insurgence of many residential projects along areas beyond the BDA (Bangalore Development Authority) layout are cited to be residential hotspots. Some of the active residential catchment areas include- Venkatapura, Somasandrapalya, Hosapalya and Parangipalya. Luring potential home buyers with their world class facilities, a house for sale in HSR Layout, especially in any of these sub-localities is expected to hover over a price bracket of Rs 7,900 and Rs 10,200 per square feet.
Another factor that has played a pivotal role in flourishing the area’s realty sector is its seamless connectivity. HSR Layout’s proximity to ORR (Outer Ring Road), Hosur Road and Sarjapur Road has enticed many working professionals from neighbouring SEZs (Special Economic Zones) to shift base here. The upper middle class white collared professionals are renting out various properties here. If you are finding it really difficult to zero down on a liable property worry not, check out the IP verified listing on IndiaProperty.com. Second time home buyers and investors are now tapping into the growing rental demand and are letting out their spaces only to earn fruitful returns.
With there being an inherit demand for 2 BHK homes, it doesn’t come as a surprise to see property prices soaring. According to data, rental yields in this vicinity have witnessed a 16% escalation. On an average, home here are estimated to churn a rental yield anywhere between Rs 16,000 and Rs 25,000 per month depending if the homes are semi or fully furnished.
So if you are looking to investing in properties that promise high ROI and also generate high rental yields- HSR layout is the place for you.
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