Overview of Hayes Road Area, Bangalore

Location and Nearby Localities

• Hayes Road lies in the heart of Bangalore, tightly bound with upscale locales like Richmond Town and Langford Town.

Property Prices and Trends

• Hayes Road’s vicinity, specifically Richmond Town, enjoyed a big surge in property prices. Prices zoomed to ₹16,600 per square foot, seeing a year-over-year (YoY) jump of 41.3%.
• Close nearby like Wilson Garden has also risen considerably, now fetching ₹11,700 per square foot with a growth rate of 38.5% YoY.

Types of Properties Available

• For Sale:
  • The area offers luxury apartments and flats, including high-end 3 BHK options. A 3 BHK flat in Richmond Town now runs around ₹4.5 crores, for instance.
  • Property prices span from expensive new developments to more budget-friendly choices. An example is a 3 BHK property at ₹65 lakhs.
• For Rent:
  • Rental options include numerous residential properties, ranging from fully furnished to semi-furnished ones. Each aims to satisfy various budgets and preferences.

Amenities and Infrastructure

• Given its central placement, Hayes Road resides close to many amenities like schools, hospitals, shopping centers, and transit points.
• The area forms part of a well-laid urban framework that ensures efficient connectivity and easy access to critical services.

New Projects and Market Activity

• The road features a number of fresh projects and ongoing developments, showing a dynamic real estate market. Including 14 fresh projects and numerous available for purchase and lease.

PropertyWala's Conclusion

If you’re eyeing to buy or rent in the Hayes Road region in Bangalore, you’re choosing a highly coveted and appreciating area. It offers a blend of luxury and budget housing, along with tremendous long-term investment potential thanks to its central location and strong price growth. Nonetheless, considering a visit is advisable to see firsthand the available properties and amenities.