Connectivity, Infrastructure Push Real Estate Prices In Hebbal

Hebbal is a known residential and commercial hub in Bengaluru. This is mainly because of its strategic location and good connectivity. The Hebbal flyover connects Bellary Road and the Outer Ring Road of the city. This connectivity attracts corporates to Hebbal. This further invites a large number of working population to Hebbal pushing the demand for apartments in Hebbal.

Access to good commuting facilities

Hebbal is located at a distance of around 10 kilometres from the central Bengaluru. International Airport is located at a distance of around 29.2 kilometres. The nearest railway station is on the Outer Ring Road.  Along with this, the locality is facilitated with the bus services provided by Bengaluru Metropolitan Transport Corporation (BMTC) . The Hebbal flyover strengthens the connectivity. The residents would have good access to commuting facilities once the six-lane expressway from Hebbal to International Airport becomes operational. 

Hotspot for IT giants

Hebbal is a hotspot for IT giants such as Integra Micro Software Services, IBM, Philips Software, Electronics Limited and AstraZeneca. It houses business hubs such as Manyata Business Park and Kirloskar Business Park. This attracts working professionals from different parts of the country. Thus, calling for a rise in demand for residential real estate in Hebbal. Here are top five localities in Bengaluru for IT professionals.

Real Estate in Hebbal

Hebbal has around 186 projects in total. Out of this, 165 are ready for possession, eight are soon to be launched and ten are under construction. The developers are constructing more projects in Hebbal as the area is witnessing an influx of companies that will act as job drivers. Some of the key projects in Hebbal include Prestige Group, Godrej Group, Brigade Group and Sterling Group.

Positive market sentiment

In January 2016, the property prices in Hebbal stood at Rs 8, 225 per square foot. It increased to Rs 8,720 per square foot in September 2016. In the last 41 months, there was an increase of 36.1 per cent. This rising price trend creates a positive market sentiment giving investors the courage to bank on Hebbal.

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