Hennur – A destination for high growth

Hennur Road in Bengaluru is generally considered a promising area for real estate investment due to its consistent growth and appreciation. Property prices have seen significant increases, and the area offers both capital appreciation and rental income potential.

Here's a more detailed look at Hennur Road's investment potential:

1. Growth and Appreciation:

Hennur Road has experienced substantial property price appreciation. For example, prices have risen from INR 4,800 per sqft in 2019 to INR 10,400 per sqft in 2024, representing a 116% growth

Rental yields in the area are also attractive, with an average of 5% in the last year.

The high demand for properties in Hennur Road is a key driver of price appreciation.

Ongoing and planned infrastructure developments, such as potential metro connectivity extensions and road widening, further enhance the area's investment potential.
2. Investment Potential:

Hennur Road's location in North Bangalore offers excellent connectivity to major employment hubs like Manyata Tech Park and the airport, fueling strong rental demand.

The area caters to a wide range of preferences and budgets, offering both residential apartments and plotted developments/villas.

A growing preference for gated communities with modern amenities and sustainable features is also contributing to the area's attractiveness.

Hennur Road is seen as a strong investment destination for long-term capital appreciation.
3. Factors to Consider:

While Hennur Road has shown consistent growth, it's important to be aware that real estate markets can be subject to fluctuations.

Within Hennur Road, there may be specific micro-locations with even higher potential for ROI.

Consider the specific type of property that aligns with your investment goals (e.g., apartments, plotted developments).
4. Examples of Recent Developments:

Hennur Road's residential market has seen consistent growth since 2018, with property prices appreciating by 48% by the end of Q3 2024.
5. Potential Drawbacks:

As a growing area, Hennur Road may experience traffic congestion, especially during peak hours.

While infrastructure is improving, some areas may still face challenges related to water supply or garbage disposal.
In Conclusion:

Hennur Road presents a compelling investment opportunity in Bengaluru's real estate market. Its consistent growth, high demand, and strategic location make it a desirable area for both capital appreciation and rental income. However, it's crucial to conduct thorough research and consider the specific micro-locations and property types that best align with your investment goals.