Hebbal Real Estate Sector has Strong Potential: Anarock Research
Hebbal is growing into hot real estate destination in North Bengaluru. A report by real estate major ANAROCK suggests that the area can further develop and offer decent returns on real estate investments. Once a quiet village in the northern region of Bengaluru, Hebbal has now evolved into a vibrant epicenter of real estate development. The area has seen a dramatic shift in recent years, marked by an array of residential and commercial construction projects.
One of the main catalysts behind Hebbal's expansion is its strategic location. It lies along the Outer Ring Road, providing easy connectivity to the city's other key areas. Its proximity to the Kempegowda International Airport is an added advantage, especially for frequent travelers. Additionally, the Hebbal Flyover, a significant route linking the city's core business district to its northern outskirts, is part of this locale.
A pivotal element propelling Hebbal's growth is the rise of technology parks within its boundaries. The Embassy Manyata Tech Park, for instance, is situated not far from Hebbal. This tech park spans a vast 110 acres and is home to several multinational giants like IBM, Cognizant, Philips, and Nokia. These companies have generated a wealth of job opportunities, attracting a significant influx of young professionals and thereby fueling the residential real estate sector in Hebbal.
Education institutes, such as the renowned Indian Institute of Science (IISc), are also present in and around Hebbal. The area's engineering and medical colleges make it a favored spot for students and young professionals, which further amplifies the real estate growth.
BCIT (Bhartiya Centre of Information Technology) Park, Thanisandra Main Road is 9 km from Hebbal. Ecopolis IT SEZ , Bellary Road, Embassy Manyata, Business Park, Nagawara and less than 10 km. ITPB, Whitefield is just 20 kilometers. Karle Town Centre SEZ, Nagawara 4 km and Kirloskar Business Park, Nagawara 6 km. L & T Tech Park, Bellary Road is six kilometers and North Gate Office Park, Yelahanka is just 20 minutes away.
Hebbal's development has spurred the rise of numerous shopping centers, eateries, and leisure facilities. Hebbal stands as a testament to how a humble village can metamorphose into a sought-after locale for both homeowners and investors.