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Popularity of Hoodi Circle for Residential Properties on a Rising Level
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Hoodi circle is a rapidly developing region in
the suburbs of Bangalore city in terms of residential markets. It is located 20
km from Kempegowda Bus station and approximately 2 km away from ITPL in
Whitefield. The area is a good connecting link to all the distinguished IT hubs
of Bangalore. Apartments for sale in Hoodi circle are in big demand due
to its contiguity to the commercial hubs such as Hoskote, Whitefield, K R
Puram, Marathalli, Electronic city and Kundanhalli. The prime factor
responsible for the tremendous growth of realty market in Hoodi circle is the
availability of extended land parcels for IT parks and Special Economic Zones.
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| Image Courtesy: Net |
The area comprises of many high-rise residential
buildings, gated communities and entertainment spots, planned and constructed
exclusively to cater the interests of the working professional residents.
Eminent property developers like Prestige Group, SJR Developers, Brigade Group
and Skylark Group are in the process of launching new convenient and comfortable
residential projects in and around the Hoodi circle area.
Amenities and Market Trend -
The place is equipped with renowned educational
institutions, healthcare centres, convenient stores, petrol pumps, financial
institutions and ATM’s. Hoodi circle apartments for sale are sought by
the salaried class of IT sectors in majority due to its proximity to their
workplace and affordable prices. The average selling price for apartments at
Hoodi circle is Rs 4953 per square feet. Apartments available in Hoodi circle
are of luxury and premium variety. The luxury apartments cost ranges from 50
lakhs to 1 crores while the value of premium class apartments range from 1
crore to 2.5 crore. As the number of IT establishments is expected to increase
in the forthcoming years around the Hoodi circle region, the population of the
IT professionals is also expected to rise simultaneously.
Prominent housing projects at Hoodi circle -
Developers have launched several residential
apartments and villas in the Hoodi circle area. Some of them to mention are DSR
Lotus Towers launched by DSR Infrastructure Pvt. Ltd, Purvi Meadows launched by
Sai Purvi Developers and Shree Wings launched by Metro properties.
Thus, the residential demand in Hoodi circle is
on the rise. Investing in properties in the region is sure to yield profit.
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