When Suburban Areas Convert into a Residential Spot
Initially, Horamavu was considered as a part of Karnataka and not a part of Bengaluru. But today, this suburb area has reached different heights. It is one of the rapidly growing suburb areas where top builders are investing here in buying plots and building residential projects. Realtors have also seen a huge demand for residential properties in Horamavu.
Apartments in Horamavu are Vaastu Compliant and offer residents with a plenty of amenities, such as Air-Conditioned ClubHouse, Swimming Pool, Kids Play Area, 24*7 Water Supply, Power Backup, Security, Kids Play Area, Fitness Rooms and much more. Today more than a basic living, individuals look for a quality living. Residents residing in Horamavu have said that to have a quality living, Horamavu is one of the best choices at a great price.
With great connectivity to other parts of the city, and with well-developed roads, this area has been one of the most opted and satisfactory areas to reside in. Realtors have researched about this locality and they say that individuals who had invested in this plot see an appreciated value of 25–30% year on year. The return of investment achieved from this area is optimistic and is a boon to the investors. The apartment properties in Horamavu start at INR 3500 per square feet and go up to INR 6800 per square feet depending on the area and the amenities offered. The average rate of an apartment in Horamavu costs about ₹30 Lakhs. This locality provides you with various apartment options to pick from such as Furnished and Semi-Furnished 1BHK, 2BHK, Villas & Luxury homes. Also, each apartment is designed in a way to offer spacious living with good ventilation across the apartment.
Horamavu is one of the clean and safe places for singles, couples or families to reside. The apartments in Horamavu are well connected to the Bengaluru’s Industrial centers. This area is located between Whitefield and Manyata Tech Park, so again it’s a win for people residing in Horamavu because this area offers good connectivity to the other IT Parks such as RMZ Infinity, Bagmane Tech Park and many other renowned spots within 3–6 km’s.
Many people have opted to rent out the apartments in Horamavu. The rent for an apartment starts from INR 10,000 for 1 BHK and rises to INR 35,000 to 45,000 for 3BHK. Before planning your stay in Horamavu, one would be worried about the basic necessities of daily life, isn’t it? The builders and the retail franchises make it a boon for residents here. With grocery stores, fitness centers, multiplexes, educational institutes, shopping malls and lot more are closely spotted within a few km’s.
Realtors have said not to wait any longer to spot for better areas in Bengaluru. Horamavu is one of the most preferred locality today and has a good return on investment as the properties are booming in this locality now. Time to secure your future by investing in an apartment in Horamavu and plan a great living ahead.