Bangalore: Hosur Road residential market set for growth

The expansion of Bangalore city boundaries began with the peripheral areas in the southern part. The first IT establishment in Bangalore as well as the proliferation of IT/ITes and MNCs along the Hosur Road belt has led to the increasing demand in Bangalore flats and other residential catchments around. Among all the localities, the areas surrounding Electronic city and Sarjapur road that extends to Hosur have witnessed a boost in demand in the residential options.

To substantiate this, Hosur road is a long stretch connecting BTM layout, Koramangala and Jayanagar to Electronics City. Over the years, the Bangalore flats for sale and also the commercial properties on this stretch has witnessed a grip. When it comes to office space too, Hosur road has been picked up by IT companies and numerous Bangalore flats and other residential projects and retail outlets. Initial emergence in the residential arena was majorly due to the employee (of IT companies at Electronic city) settlements as they preferred staying in close proximity to their work spots.

Outlook on Bangalore residential real estate

Further development is expected in the Hosur Road belt due to better connectivity and state government’s major initiatives. With high rises and high-end layouts such as BTM and HSR, residential market has picked up well and has turned Hosur road into a mature investment destination. Bangalore flats for sale will soon witness inclination due to proposed Metro rail connection, access to the airport, proposed ‘Smart city’ announced by the government of Karnataka and the planned Peripheral ring road.

According to a research report by Cushman & Wakefield, during the last two and half years, the Hosur stretch has witnessed launch of over 14,500 Bangalore flats in which the mid segment accounts for 64 per cent and the affordable segment sums up to 34 per cent of the share. The mid-segment Bangalore flats are priced anywhere between Rs. 3,000 to Rs. 4,000 per square feet.

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Yelahanka: An Upcoming Residential Property Destination

Yelahanka is among the fastest-growing suburbs in northern Bengaluru, and comes under the Bruhath Bengaluru Mahanagara Palike. It is located near the fast-developing northern section of Greater Bengaluru, and is 14 km from the Bengaluru city centre. Yelahanka was considered as a satellite town and was among the seven CMCs of the Bengaluru city. Apart from this, the most important aspect of this locality is that Kempagowda, the founder of Bengaluru who ruled for almost 56 years, was born in Yelahanka. Yelahanka is surrounded by lakes; the most prominent among them are the Kere and the Puttenhalli Lake, which has been officially declared a bird sanctuary.


Yelahanka is well connected with the city of Bengaluru through a huge network of roads and six-lane dual-carriageway highways. This highway connects Yelahanka with the Bengaluru International Airport, which has been a major cause for rise in demand for real estate in Yelahanka. Apart from this, there are many buses belonging to the BMTC (Bengaluru Metropolitan Transport Corporation) and the KSRTC which helps connect Yelahanka with the rest of the Bengaluru city. The State Highway 9 (Bengaluru–Hindupur) passes through and bisects this locality into Old Town and New Town. NH7, which connects the North and South Corridors, also passes through Yelahanka. Many autos and taxis are also available in this locality which in turn has improved the Yelahanka properties.

Being situated near the fastest-developing northern section of Greater Bengaluru, the residential properties in Yelahanka have been witnessing high demands in recent times. It is situated at a distance of about 14 km from central Bengaluru, and is in close proximity with Bengaluru International Airport. The bus terminal is situated at a distance of about 1.5 km away and the railway station is situated within 3 km. This locality has an improved rail network and also very good road infrastructure, all of which has helped improve the real estate developments in this locality.
Yelahanka, being an upcoming area, has been witnessing many developments and is surrounded by various international schools, colleges, IT parks and so on. Some of the educational institutions found in this locality include Sai Vidya Institute of Technology, Kendriya Vidyalaya RWF, Canadian International School, BMS Institute of Technology, Ryan International School, The Karnataka College of Nursing, Vidyaniketan, and Seshadripuram College. Apart from these, the locality is famous for having many industries and other establishments which includes;

•    Largest Milk Dairy in Karnataka
•    Astra Zeneca Pharmaceuticals, Ran flex India Pvt. Ltd., Hobel Flexibles Inc. and Federal-Mogul Goetz (India) Limited
•    Special Operations Training Centre
•    The Border Security Force (BSF)Training Centre
•    CRPF (Central Reserve Police Force) Training Centre
•    E Rail Wheel Factory

Yelahanka is situated at a height of 915 metres above the sea level and the locality is known for its green heritage and pleasant climate throughout the year. The beautiful serene geographical features have attracted many leading residential property developers and other business outlets to start their set up here in its surroundings.

There are many residential and commercial projects in this locality owing to its increasing demands. Some of the upcoming projects in Yelahanka include Legacy Estilo, Vrindavan Bliss, Prestige Royale, Fortuna Viva, Max Meridian, Century Star, Shiva Homes, Golf Woods, Vani Vilas, Ramky One North, President Leon, Almond Tree, Century Arena and Century Saras, etc. The residential flats for sale in Yelahanka are in the range of Rs. 3917 to Rs. 4457 per square foot and the average price for residential plots for sale is around Rs. 23038 per square yard. Having good connectivity and excellent infrastructure and upcoming metro projects have all helped boost the real estate market of this locality.

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