Why Hebbal is a Hot Investment Destination
Bangalore might be the centre of India’s IT boom, but Hebbal is the real force behind it. At one point, it was considered the northernmost outskirts of Bangalore, but today, this is far from true. With most of the world’s biggest MNCs opening their doors here, the locality has grown at a rate few could imagine. Recently, the area was also included within the ambit of the Bruhat Bengaluru Mahanagara Palike (BBMP), which has boosted development even further. Improved connectivity and excellent infrastructure have transformed Hebbal into one of the most significant localities in Bangalore. Here are a few reasons why Hebbal is one of the best areas you can choose to invest in.
Ease of Connectivity
Hebbal’s growth has, in part, been facilitated by its superior connectivity to the rest of the city. The Outer Ring Road and Bellary Road (NH7) pass right through this region, connecting Hebbal to other major parts of the city such as JP Nagar, Marathalli and Madiwala. Both of these roads are maintained very well and make travel hassle-free for people. One of the biggest advantages of travelling via the Outer Ring Road is that it has no traffic signals, guaranteeing a smooth and uninterrupted transit. Hosur Road is also connected to the ORR, making areas like Koramangala and HSR easy to travel to. The Metro project that is supposed to connect Hebbal with Silk Road is going to make travel even more convenient for its residents.
Close Proximity to Commercial Zones
Hebbal is close to several of the biggest IT parks in Bangalore. Manyata Tech Park is a huge tech hub located in Hebbal, which is home to companies like Microsoft, HCL Technologies, Monsanto Holdings and many more. Other companies within the neighbourhood include Wipro Fixtures, Shell and other huge corporations. The large number of companies opening in Hebbal has accelerated growth in this area. It has also been one of the biggest factors for the high price appreciation of property in Hebbal.
Comfortable Housing Options
A multitude of people moving to Hebbal for work has contributed to the demand for better accommodation in the area. To cater to this, Bangalore’s biggest real estate developers such as Sterling Developers have built luxury residential spaces in Hebbal. One of the most luxurious projects in the vicinity is Sterling Pointe, an exclusive 3-bedroom apartment complex. These apartment projects are beautifully constructed and provide the residents of Hebbal a life of unmatched luxury. Located close to Manyata Tech Park, these apartments are a perfect mix of connectivity and luxury.
Improved Infrastructure for Residents
The infrastructure of Hebbal has improved drastically over the years thanks to the IT boom. In fact, the infrastructure facilities are comparable to many other central parts of the city. With reputed educational institution, hospitals and recreation facilities, Hebbal is the best place to invest for families and working professionals.
High Property Appreciation
Investing in real estate in Hebbal is an excellent decision because this area is growing at an incredible pace. With more and more multinational companies investing and setting shop in Hebbal, the demand for housing in the neighbourhood has increased. With the locality also still undergoing development, property here is more affordable compared to other parts of the city. This is why you can buy much more spacious houses in Hebbal for a lower price than you would have to pay elsewhere. However, prices aren’t going to stay low for very long. Over the last couple of years, property prices in Hebbal have been increasing at an average of 10-11% each year. So if you buy an apartment here, it’s going to be a lot more valuable in a very short period of time.
Hebbal is one of the key emerging localities in Bangalore and is a great real estate investment option. If you’re looking to invest in Hebbal, visit Sterling Pointe, a collection of luxury three bedroom residences by Sterling Developers. These stunning apartments are distinguished by superior construction and unmatched amenities. Schedule a site visit today and make your dream of owning a home come true.