Hebbal–A Definite Hotspot for Investments

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HebbalA Definite Hotspot for Investments

• BY
• Thomas Andrew

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• Hebbal is the northern endpoint of Bengaluru
  city.
• It was initially known for its beautiful Hebbal
  Lake and is now much better known for its
  circuitous flyovers connecting the Outer Ring
  Road and the Bellary Road.
• This famous flyover built by Gammon India covers
  a length of 5.23 kilometers overall.
• On the other side though, the Hebbal Lake area is
  still acclaimed for its lovely parks, boating
  facilities and bird watching.
• With the presence of many IT companies, there has
  been an increase in the number of flats in Hebbal
  in RT Nagar and Sahakarnagar.

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• The Bengaluru International Airport (BIAL) being
  located at very close quarters with Hebbal has
  added up to its popularity all the more.
• Due to the close proximity to BIAL, many projects
  in Hebbal have seen a constant growth in the
  recent years.
• A few important technology parks and software
  companies include
• Embassy Manyata Business Park, which is one of
  the largest technology and business parks in
  Bengaluru city.
• Embassy Kirslokar Business Park
• MRO Tech
• CEFA
• AstraZeneca
• Integra Micro Software Services
• Bharat Electronics Limited (BEL)
• IBM
• Besides these primary infrastructures, the suburb
  has also attracted many social infrastructures
  like high-end hospitals and schools that again
  help the real estate development in this area.

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• Few of the well known educational institutes
• IGNOU (Indira Gandhi National Open University)
• Vidya Niketan
• Rajiv Gandhi Institute of Technology
• Dairy Science College
• Presidency College
• Air Force school etc. 
• For any kind of medical emergencies there are
  some very good hospitals namely
• Baptist Hospital
• Columbia Asia Hospital
• S M Hospital
• Cauvery Medical Centre and so on.
• Few of the top notch hotels/resorts located here
  are
• The Royal Senate

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• Taking a look at the connectivity, it has also
  proved to have decent connectivity to other parts
  of the city through the BMTC buses and small
  railway stations.
• The area is also easily accessible and is well
  connected to other commercial areas like
  Yelahanka and Devanahalli from the NH-7.
• Latest plans of the upcoming monorail and high
  speed rail networks in this locality will also
  help add to the connectivity advantages.
• Another proposal by the Karnataka Government is
  that a six-lane elevated highway between Hebbal
  and BIAL is also underway and is expected to
  improve the areas connectivity further more.
• Many custom-made projects and townships are being
  built near the flyover that includes the
  luxurious villas in Hebbal.
• With regards to Hebbal real estate, owing to BIAL
  again, the northern Bengaluru has been witnessing
  a slow and steady rise in capital values.
• The developments in this area have brought
  together many big property developers to
  construct here.

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• A few such prestigious developers include
• RMZ
• Embassy
• Century
• Brigade
• Godrej Properties.
• Apart from this, Sobha group has launched 1500
  units of huge township named Sobha City.
• The area offers a broad spectrum of affordable to
  high priced properties, of which, high end Hebbal
  properties are priced over Rs 2 crores.
• The average rates developers quote for
  residential apartments in Hebbal range from Rs
  5000 per square feet to Rs 8000 per square feet.
• According to Knight Frank (the famous global real
  estate consultant), the area is expected to see
  an average price appreciation of 94 in the next
  5 years and it is also listed among the top ten
  Indian destinations to invest in.

Ref http//dailyfinance365.com/hebbal-definite-ho
tspot-investments/