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Hennur property market: An overview

Hennur

The Hennur real estate market has witnessed exponential growth, due to its excellent network of road connectivity to the major business centres and IT parks in Bengaluru, along with its proximity to the international airport. Hennur has witnessed a major transformation, since Bengaluru’s international airport was established, due to which, the demand for flats in Hennur has risen rapidly. Hennur is well linked to the international airport through the Link Road.

It is surrounded by Horamavu, HRBR Layout, Agara and Devanahalli, among other localities.

The Hennur Main Road is a major connectivity lifeline for residents, while Banaswadi Railway Station is also easily accessible. The Bangalore City Railway Station, lies 20 kilometres away from the locality. The area is also known as an education hub, with prominent schools and colleges located here, along with several hospitals. There are several businesses operating out of Hennur.

Restaurants located here, include the popular Café Moksh, Little Imperial Restaurant and Chungs Chinese Corner. This locality also has the Indian Institute of Music and Arts, along with the Country Club India Limited. The Amruth cinema hall is located here, as well.

Hennur is a very cosmopolitan area. Several options are available, vis-à-vis apartments in Hennur, although 2 and 3-BHK are the most preferred configurations here. There are many leading real estate builders in Hennur like Puravankara, Sobha Group, Prestige, K Raheja, Brigade and others. Some of the well-known upcoming residential projects in Hennur include Purva Palm Beach and Brigade Altamont, to name a few.

Hennur is quite an attractive location for affordable and mid-range housing, while neighbouring localities like Hebbal and Majestic cater majorly to the higher end of the spectrum, since their property rates are on the higher side.

 

Connectivity with nearby Hennur localities

 

Employment hubs near Hennur

 

Schools in Hennur and other social amenities

Hennur boasts of a strong social infrastructure. Some of the reputed schools in Hennur include BM English School, East Point School, Patel Public School and CMR National Public School. Leading hospitals in Hennur include the Good Shepherd Health Centre and Bangalore Eye Hospital. Popular shopping malls in Hennur include Elements Mall and Orion East Mall, to name a few.

 

Upcoming physical infrastructure in Hennur

 

Price trends in Hennur

  • Price appreciation – 1%-5% over the last quarter of 2016.
  • Current property rates – Rs 4,257-6,548 per sq ft.

 

Reasons to invest in Hennur

The current price trends in Hennur and its social infrastructure, hint at good future investment prospects. Hennur is near one of the biggest tech parks in Bengaluru and is also well-connected to the airport and several IT and business hubs. The only problems, include water supply and indiscriminate land filling in some areas.

 

Check properties in Hennur

 

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