What Is Hosur?
Hosur is a city and a municipal corporation in Tamil Nadu located about 25 kilometers away from Bangalore and is the 45th largest city in India. In recent years, Hosur has witnessed significant transformation in the real estate sector accommodating high finishing standard developers who have luxury projects in the area. As a result, the population has increased rapidly with Hosur’s Commune averaging at about 2.70 million people.
Brief History of Hosur
The construction of these spaces began during the seventies and on 20 February 1973 Hosur’s industrial estate officially began its operations when the first batch of 80 micro and small-scale industries opened. This region has seen various economic activities over the years accelerating the growth of a multicultural city making it an attractive destination for real estate investors.
6 Reasons to Invest in Hosur
1. Economic Expansion
Speaking of infrastructure, it is quite developed in terms of Hosur which contains a number of shopping malls as well as convenience and social centers. New real estate projects have been developed in Hosur due to the rapid expansion of infrastructure that has led to the addition of more shopping centers adding more appeal to Hosur’s community.
2. India’s Largest EV Hub
A memorandum of understanding has already been signed by five companies, including Ola, regarding the establishment of their production of E-scooter facilities in Hosur, making it the largest Eclectronic Vehicle hub in India.
3. Ease of Access to Employment Centers
Hosur has awesome reach to many employment centers including the Infosys SEZ Tech Park, the BMIC Corridor, Koramangala, Wipro Corporate Head Office, Whitefield, and many other employment centers. This makes Hosur a perfect place for people who want to stay away from the hustle of a city but yet be able to take advantage of good connectivity to these IT hubs.
4. Overall Increase in Property Values
Hosur is experiencing a massive boom in real estate owing to ease of reaching Bangalore and great infrastructure developments in the recent past. With future developments around the corner, there is no doubt that Hosur will be witnessing steep appreciation rates across the spectrum.
5. Access to National Highway
Hosur borders the NH 44 which makes reaching Bangalore and Salem easy. The National Highway (NH) that passes through Hosur is part of a golden quadrilateral highway.
6. Upcoming Peripheral Ring Road
PRR has taken more than a decade to finally receive an approval from the state Cabinet. The project will comprise of a stretch of 73.50 km with a 100m wide Road. The Peripheral Ring Road Project Overview is to establish an East-West connection between Hosur and Tumakuru Roads through Hessaraghatta Road, Doddaballapur Road, Ballari Rd, Hennur Rd, Old Madras Rd, Hoskote Rd and Sarjapur Rd. With such enormous progress, it is clear that Hosur is going to fetch a great property value in future hence it is a good area to invest in.
7. Upcoming Metro & Airport
Hosur area is looking forward to having the RV Road-Bommasandra Metro Line in Phase 2, therefore increasing the potential for real estate investment within the region.
Frequently Asked Questions (FAQ)
1. What is the location advantage of investing in Hosur?
The advantage of investing in a property located at Hosur is its closeness to Bangalore to be able to access the city’s economic activities whilst also being able to enjoy the quietness of the OSD setting that sites offers.
2. Which is the best place to buy property in Hosur?
There are many good locations in Hosur which are viable for real estate investments of varying levels of taste and price range.
3. What are the investment opportunities available in Hosur?
Hosur is a city that has investable assets across a wide range of sectors such as residential, commercial and industrial assets.
4. Is Hosur a good place for holding properties for a long term? If yes, why?
Yes. Known for the developing infrastructure and closeness to Bangalore, Hosur emerges as a good location for the purpose of long term real estate investment.
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