Bangalore being one of the most posh metropolises of India, real estate sector in this city has always been burgeoning. Since the city is known as the Silicon Valley of India, Bangalore boasts number of IT companies and due to the boost in commercial sector, the residential market is witnessing a rapid expansion. Not only within the city limits but even the outskirts of Bangalore can see a strong upsurge in housing sector. The growing population and the increasing demand for the residential properties are the main factors that have directed the city to spread its arms. One of the corridors which is seeing a strong extension in real estate sector is Hosur Road.Hosur Road is a bordering area present on the National Highway 7 which connects the two metropolitan cities, Bangalore and Chennai. Hosur Road is gaining lot of momentum in realty as the locality contains number of IT companies and industries. One of the famous IT parks and business zone of Bangalore, Electronics City is present alongside the Hosur Road. Therefore one can observe most of the population migrating to this area. The migration of the people has lead to residential growth.Factors influencing residential sector in Hosur Road:Commercial zones: As mentioned above the presence of industries and commercial offices, city’s working population is planning to shift to this location. The Electronics City contains giant IT companies and electronic industries. The Karnataka Government has also has proactively extended SEZs on Hosur Road.Elevated Expressway: Better social infrastructure is one of the driving factors that have led to the improvement in real estate. The development of the expressway has eased the commuting activity as it has reduced the traffic congestion tremendously. You can easily travel to your workplace without getting late. The elevated expressway has cut down the travelling time from South Silk Board to Electronics city to 15 minutes which would otherwise take 45 minutes. Even the other residential areas along the Hosur Road have benefited due to the emergence of the expressway. Bommanahalli, Begur Road, Electronics City Phase I are some of the adjoining areas that are benefited with this infrastructure facility.Peaceful location: Apart from the above factors, the tranquil atmosphere and the picturesque backdrops make this place best for housing.Residential properties:Property prices are observing a steep rise in Hosur Road but as compared to prime localities of the city, the property rates in this location are quite affordable. Right from villas to apartments, the residential sector in Hosur Road comprises all. Most of the residential projects in this suburb come under budget category. The realty developers are coming up with 2 and 3 BHK apartments, villas, row houses, duplexes and township projects. People are also investing in individual houses and plots as the area is assured with good returns in future. Easy access to schools, colleges, shopping malls, hospitals and other facilities have boosted the housing sector.Dwaraka Nilayam by Venetion Group- 2, 3 BHK residential project, Garden Residency by IT Estates- bungalow and villa, Venetion Nakshatra by Venetion Group- bungalow, villa and plot lands are some of the current residential projects on Hosur road that are offering residences with finest amenities.Hosur Road has a huge potential to grow more. So if you are planning to invest or buy home in this area, do not miss the opportunity.займ на карту без отказов круглосуточновзять кредит онлайн
