Overview of Haralur Road, Bangalore

Location and Connectivity

• Haralur Road is in Bangalore’s southeastern part, perfect for IT professionals heading to spots like Electronic City, Whitefield, and Sarjapur Road.
• The place is directly connected to the Outer Ring Road (ORR), giving easy access across Bangalore.

Types of Properties

• Lots of housing options appear here ranging from cheap flatlets to fancy villas and builder floors.
• Properties come in different styles:
  • Flatlets: A range from 1 BHK to 4 BHK.
  • Villas: High-end villas are prevalent.
  • Builder Floors: Both semi-furnished and fully-furnished options are on offer.
  • Plots: Some land for building your dream home is available.

Amenities and Infrastructure

• Schools: Nearby places include Sahodaya School Complex, Vibgyor High School, and Narayana Olympiad School.
• Hospitals: Close by hospitals are Bangalore Dental Hospital, Kvm Multi Speciality Hospital, and Sunlife Hospital.
• Shopping Centres: Multiple options like Happy Land Hypermarket, S M Grand Mart, and Freshco Hyperbazaar.
• Restaurants: Many dining options like Nivys Resto Cafe, Kapoor'S Cafe, and Mughal Treat.
• Gyms: Many fitness centers like Octopus Fitness, Cult Gym Harlur, and Tarzan Fitness.
• Temples: Temples like Shri Sridevi Bhudevi Channakeshava Devasthana and Balmuri Ganapathi Temple are in the neighborhood.

Transportation

• Public Transport: Good bus stop connections and planned metro links for quick trips within the city.
• Road Connectivity: Close to ORR and main roads, making travel easier.

Challenges

• Water Supply: Often depends on private wells and water tankers.
• Traffic and Road Quality: Peak traffic and often damaged local roads in the area.

Property Prices and Trends

• Average Flat Rates: It’s around ₹ 10,950 per sq ft, varying between ₹ 8,150 and ₹ 12,400.
• Land Rates: Roughly ₹ 14,050 to ₹15,000 per sq ft.
• Price Appreciation: Property costs have gone up a lot recently. By 48% last year, 67.9% over three years, and 104.5% over five years.

Rental Market

• Rental Prices: Rents range from ₹ 16,500 for a 1 BHK to ₹80,000 for a 4 BHK.
• Rental Yield: The usual rental return in the area is about 5%.

Top Projects

• Some of the best housing options are Prestige Ferns Residency, SNN Raj Etternia, Reliable Lake Dew Residency, and Royal Placid Phase 1.

PropertyWala's Conclusion

Haralur Road provides a balanced blend of modern living, connectivity, and amenities, making it ideal for buyers and renters. While it offers benefits such as its useful location and various housing options, people should also note challenges with water supply and roads. The property prices have risen a lot and may make living expensive. But, the area’s good rental yields and rising property prices make it a good pick for both renters and investors. Still, rising prices could affect some folks’ affordability. On the whole, Haralur Road is a highly desired area.