Overview of Hennur, Bangalore

Hennur, found in North Bangalore, is a rapidly growing and popular neighborhood that has captured the interest of homebuyers and investors in the real estate sector.

Connectivity and Infrastructure

• Hennur has a prime location, so it has great connections. Routes link it to the Outer Ring Road, the Bangalore International Airport, and leading tech parks including Manyata Tech Park and Karle Group.
• The area features wide highways and new roads under construction, serving as a crucial connection to important parts of Bangalore.

Property Types and Rates

• Flats and Apartments:
  • On Hennur Road, prices range from Rs 7900-12400 per square foot, with an average of around Rs 10400 per foot.
  • In Hennur Gardens, flat prices run from Rs 6100-8350 per square foot, averaging out to Rs 7550 per foot.
• Land:
  • Land on Hennur Road is valued from Rs 4550-10850 per square foot.
  • In Hennur Gardens, land rates approximate Rs 7350-9100 per square foot.
• Builder Floors:
  • Builder floors cost in Hennur Road range from Rs 9050-13250 per square foot.

Price Trends and Appreciation

• Hennur Road:
  • Flat prices have risen 28.4% in the past year, 61.2% over the last three years, 71.9% over the last five years, and 184.9% over the last ten years.
  • Builder floor rates have gone up 4.6% in the year ending now and 66.1% over the last three years.
• Hennur Gardens:
  • Flat rates have climbed 12.7% in the past year, 23.8% over three years, 31.3% over five years, and 73.6% over ten years.
  • Land values shot up 15.9% in the last year, surged 77.8% over three years, and rocketed 180.7% over ten years.

Amenities and Lifestyle

• Hennur offers a quieter and greener environment compared to many Bangalore neighborhoods, making it perfect for those wanting peace.
• The neighborhood houses several well-known IT companies and tech parks, attracting young professionals and families.
• Many residential areas boast modern amenities such as well-equipped kitchens, lifts, UPS, and backup generators.

Rental Options

• On Hennur Main Road, renters can find plenty of choices: 1/2/3 BHK flats, and options that are either furnished or semi-furnished, as well as commercial spaces. Prices can differ, but a fully furnished 2 BHK flat might be rented for around ₹50,000 monthly, covering maintenance.

PropertyWala's Summary

Hennur, Bangalore, serves as an appealing choice for both buyers and tenants in the real estate world. It offers fantastic connections, growing property values, and a mix of residential and commercial real estate. Its green and less crowded environment along with its proximity to major IT sectors makes it attractive for young professionals and families alike. If you're planning to invest, buy, or rent, Hennur shows promise and stability in the real estate market with lots of growth potential down the line.