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.
Growing Infrastructure and Seamless Networking make HSR Layout an Ideal Realty Destination
1. Growing Infrastructure and Seamless Networking
make HSR Layout an Ideal Realty Destination
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.
2. 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.
http://www.indiaproperty.com/