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Horamavu, situated in the northern part of Bengaluru, Karnataka, stands as an up-and-coming suburban locale strategically located along the bustling Outer Ring Road (ORR). Encompassing an area of 106 hectares, this locality houses a population of 3,675 residents, comprising 1,833 males and 1,842 females.
This locality is surrounded by Kalkere Lake, Ramamurthy Nagar, Banaswadi, Kalyan Nagar, and Hennur Gardens offering varied amenities to nearby residents. Its strategic location near the thriving Manyata Tech Park and International Tech Park has amplified the demand for residential spaces in the area.
Nestled amidst a picturesque landscape, Horamavu offers a glimpse of nature's beauty with attractions such as Kanaka Sarovara Lake and the Horamavu Agara Lake, enhancing its appeal to both residents and visitors alike.
Investing in Horamavu presents a compelling opportunity owing to its significant growth trajectory, resulting in a consistent surge in real estate demand. The average rate for flats in this area hovers around Rs. 5,600 per square foot, offering a promising rental yield of about 4.7%.
What further sets Horamavu apart is its appeal to reputable developers like DS-MAX Properties, Kolte Patil, Sattva Group, Sobha, and Adarsh Developer, among others, signifying the area's attractiveness for investment and development.
Here is the statistical data to understand the price trends in Horamavu, Bangalore:
Year | Price/Sq. ft |
---|---|
2019 | Rs. 4,750 |
2020 | Rs. 4,800 |
2021 | Rs. 4,900 |
2022 | Rs. 4,900 |
2023 | Rs. 5,600 |
Disclaimer: All the above mentioned prices are based on the data collected from different sources and do not reflect the actual price. The above-listed price may vary as per the developer, location, and amenities.
Horamavu showcases meticulously designed contemporary infrastructure, including top-tier schools, well-known healthcare facilities, effective recreational areas, and an array of amenities
Leading Schools | Renowned Health Centres | Entertainment Venues |
---|---|---|
Vibgyor High School | KH Hospital | Elements Mall |
Podar International School | AyurVAID Hospitals | Orion Avenue |
Ravindra Bharathi Global School | Chaya Super Speciality Hospital | Phoenix Marketcity |
St. Vincent Pallotti School | NMPC Hospital | Win Zone |
Chrysalis High School | Trust-In Hospital | Appu Circle |
In Horamavu, Bangalore, the current land prices range from Rs. 6,300 to Rs. 8,450 per square foot. Over the last year, these rates have shown a notable increase of 17.8%. Looking back over three years, there's been a significant 28.7% rise, and in the past decade, an impressive surge of 125% has been observed, signalling substantial capital appreciation in this area.
The PIN code of Horamavu is 560043. It is situated in the Northern part of Bengaluru, in the state of Karnataka.
Horamavu, a thriving locale in Bengaluru, Karnataka, has gained recognition for an array of attractions that celebrate art, culture, and entertainment. Renowned art galleries like Karnataka Chitrakala Parishat, Verde Canvas Art Gallery, and Mahua Art Gallery adorn this vibrant area, showcasing exquisite artworks that allure art enthusiasts and collectors alike. Additionally, Horamavu houses notable museums, including the Visvesvaraya Industrial and Technological Museum, Indian Music Experience Museum, and Karnataka Chitrakala Parishat, offering immersive experiences in science, music, and art.
Moreover, Horamavu tantalizes taste buds with its delectable culinary offerings. From the iconic Thatte Idli and Benne Masala Dosa to traditional favourites like Ragi Mudde, Puliyogare, and Bisi bele bath, the local cuisine tantalizes palates with its flavoursome delights, leaving a lasting impression on food enthusiasts.
Horamavu stands out as an ideal residential choice owing to several compelling factors. The thriving IT industry in this locale presents ample career opportunities, further enhanced by its exceptional road connectivity. Its strategic position near the renowned Manyata Tech Park and International Tech Park adds to its allure as a prime residential destination.
Moreover, Horamavu boasts proximity to esteemed educational institutions such as New Millennium School, Mohre Public School, and Don Bosco Mithra High School. Residents benefit from convenient access to nearby markets like Idhaya Complex, Paul Plaza, and Sri Srinivasa Complex, among others. Additionally, essential healthcare facilities are readily available with hospitals like Trust-In Hospital, Cure N Care Hospital, and Cloudnine Hospital situated in close proximity.
Horamavu has a bright future due to continuous infrastructure enhancements, a thriving IT industry, and increasing real estate needs. The average price for Flats in Horamavu, Bangalore is within the range of Rs. 5,600 per square foot, and Land rates in Horamavu, Bangalore are within the range of Rs. 6,300 to Rs. 8,450 per sq ft.
Additionally, Horamavu offers ready-to-move-in residential projects such as DS Max Sky Grand Kolte Mirabilis provides several physical amenities and excellent infrastructure to potential buyers and residents.
1 BHK in Horamavu costs in the range of Rs. 25 Lakh to Rs. 66 Lakh.
The average size of a 1 BHK in Horamavu is 600 sq ft.
The rent of 1 BHK in Horamavu lies in the range of Rs. 7,000 to Rs. 20,000 per month.
2 BHK in Horamavu costs in the range of Rs. 40 Lakh to Rs. 1.2 Crore.
The average size of a 2 BHK in Horamavu is 1125 sq ft.
The rent of 2 BHK in Horamavu lies in the range of Rs. 16,000 to Rs. 50,000 per month.
3 BHK flats in Horamavu cost in the range of Rs. 47 Lakh to Rs. 1.3 Crore.
The average size of a 3 BHK in Horamavu is 1500 sq ft.
The rent of 3 BHK in Horamavu lies in the range of Rs. 26,000 to Rs. 1 Lakh per month.
4 BHK flats in Horamavu cost in the range of Rs. 1.3 Crore to Rs. 5.55 Crore.
The average size of a 4 BHK in Horamavu is 2000 sq ft.
The rent of 4 BHK in Horamavu lies in the range of Rs. 65,000 to Rs. 1.5 Lakh per month.
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