What makes Hennur a Perpetual Real Estate Hotspot?

The implementation of the RERA Act has impacted real estate nationwide, including Bangalore. Encouragingly, the Act has instilled confidence in buyers, spurring interest in real estate investment. Bangalore’s real estate sector has rebounded swiftly post the RERA Act and Demonetisation, with Hennur emerging as one of the city’s enduring real estate hotspots. Among the various localities in Bangalore, Hennur or Hennur Road stands out for its resilience and continued appeal to investors. With its strategic location and promising developments, Hennur remains a favoured destination for those seeking to invest in Bangalore’s thriving real estate market.

What Makes Hennur a Perpetual Real Estate Hotspot

Now let’s see what Makes Hennur a Perpetual Real Estate Hotspot.

We admit there are quite a few compelling reasons, and here are some of the key ones:

Seamless Commuting and Connectivity Solutions

Hennur Road, traversing through Hennur and HBR Layout, links to the nearest Railway Station at Banaswadi, approximately 5.4 KM away. Situated about 15-16 KM from the Bangalore City Railway Station, Hennur boasts exceptional connectivity. Positioned on the periphery of the ORR, it offers unparalleled access to key destinations. From the Bangalore International Airport (BIAL) in the north to Yeshwanthpur Railway Station in the west and KR Puram in the east, Hennur ensures seamless connectivity to major transportation hubs, enhancing its appeal as a prime real estate destination.

Hennur is strategically positioned with convenient access to key transportation hubs. The distance to BIAL is approximately 30 KM via the ORR and 24 KM via the Hennur Road, also known as the “New Airport Road”. Yeshwantpur Railway Station, a prominent railway hub, is just 11 KM away, while KR Puram Railway Station lies a mere 9 KM to the east. Additionally, Hennur enjoys connectivity to central Bangalore areas like Indiranagar and MG Road, approximately 8-10 KM away, making it easily accessible for commuters and employees. Its favorable location enhances its appeal as a desirable real estate destination in Bangalore.

Unveiling the Locational Benefits

Transformed from a humble village, Hennur now stands tall as a premier real estate hub in Bangalore, especially in North Bangalore. Positioned strategically along the Outer Ring Road (ORR), it sits equidistant between KR Puram to the East and Hebbal further to the North, both renowned localities in Bangalore’s real estate landscape.

Surrounded by prominent neighbourhoods such as Kalyan Nagar, Hormavu, and Hormavu Agara, Hennur Road enjoys a prime location. Adding to its appeal is the presence of Kalkere Lake nearby. Additionally, the Hennur Bellary Road (HRB Layout), an extended BDA Layout, further enhances the area’s connectivity and development, positioned northwest of Hennur along the Outer Ring Road (ORR).

Nagawara, a sought-after real estate locale, is conveniently close to Hennur, just a short walk towards Hebbal. About 3.2 kilometers southwest of Hennur lies Kammanahalli, renowned for its cosmopolitan atmosphere and robust development. Furthermore, areas like Hennur Road, Banaswadi Road, and HRBR Layout, situated opposite to Hennur across the ORR, are also socially vibrant and well-established.

What truly elevates Hennur as a premier real estate hub is its strategic positioning, nestled amidst at least four thriving real estate hubs, rendering it a pivotal and central locale.

Employment Opportunities and Technological Hubs

Hennur stands out in Bangalore due to its significant employment opportunities, being in close proximity to various Business and Tech Parks. The renowned Manyata Tech Park, situated approximately 5 KM away, serves as a key driver for the development of North Bangalore, particularly Hennur and Nagawara. Covering an expansive 110 acres, this park hosts over 100 companies and employs around 250,000 professionals, making it one of the largest business hubs in the city. The presence of such a massive employment centre not only boosts the local economy but also enhances the real estate value of the surrounding areas. Hennur’s strategic location near these employment hubs makes it an attractive destination for both job seekers and real estate investors alike.

Situated approximately 6 KM away in Hebbal, the Kirloskar Tech Park stands as another prominent business hub near Hennur. Notable companies such as Tata Sky Ltd, Tata Global Beverages Ltd., Comviva Technologies Ltd., Zyme Solutions Pvt. Ltd, and Strand Life Sciences Pvt. Ltd are headquartered within this park. With its array of established firms and technological enterprises, the Kirloskar Tech Park contributes significantly to the economic vitality of the region, further enhancing Hennur’s appeal as a prime location for businesses and professionals alike.

Exploring Land Values and Prices

The demand for residential land in Hennur and its vicinity has remained stable over the past 8-10 years, prompting both landowners and developers to pursue further expansion in the area. Comparing land prices reveals a significant surge; from INR 33,000 per sq. meter in 2014 to nearly doubling at INR 66,000 per sq. meter by 2020. Presently, in 2024, prices range between INR 90,000 to INR 1,20,000 per sq. meter. This consistent increase underscores the attractiveness of Hennur as a lucrative real estate market, drawing attention from investors and buyers seeking promising returns on their investments.

Residential properties in Hennur range from INR 8,500 to INR 16,000 per square foot, catering to diverse buyer preferences. This variety contributes to Hennur’s appeal, accommodating both budget-conscious and premium segment buyers. Notably, the area attracts both Indian and international investors, reflecting its cosmopolitan character. Approximately 70% of the demand for properties in Hennur and Hennur Road stems from these investor segments. This blend of affordability, premium offerings, and investor diversity positions Hennur as a dynamic real estate hub in Bangalore. Whether seeking budget-friendly options or upscale residences, buyers find suitable choices in Hennur, ensuring a vibrant and inclusive community.

Hennur and Hennur Road have solidified their status as premier residential real estate destinations in Bangalore for 2024. The area’s robust social and physical infrastructure, seamless connectivity, and proximity to Business and Tech Parks contribute to its appeal. Both buyers and developers express sustained interest in the region, ensuring its continued prominence. With upcoming projects like Radiance Floresta, Hennur is poised to maintain its position as a top choice for real estate investment in Bangalore. As demand remains strong and new developments enhance its allure, Hennur’s reputation as a sought-after residential hub is set to endure in the foreseeable future.

Radiance Floresta

Radiance Floresta Hennur Road Bangalore with amenities view

Nestled in Chikkagubbi Village off Hennur Main Road, Bangalore, Radiance Floresta is a visionary residential enclave. Drawing inspiration from the aspirations of prospective homeowners, the project offers idyllic living spaces amidst picturesque landscapes. Spanning across expansive acres, it features a diverse range of units, including 3, 4, and 5 BHK Row Houses and Villaments, each meticulously designed to cater to varying preferences and space requirements. Residents can immerse themselves in the tranquillity of a tropical paradise, enjoying an extended stay surrounded by lush greenery and serene ambiance. Radiance Floresta epitomizes the fusion of nature and modern living, providing a sanctuary for those seeking a harmonious blend of comfort and natural beauty in their homes.