Why HSR Layout Has The Best Performing Micro Market In Bangalore

May 6th, 2015

Hosur-Sarjapur Road (HSR) Layout, a residential hub, is located to the south-east of Bangalore, between Hosur Road and Sarjapur Road. This layout is segregated into seven sectors, and is spread over 1500 acres. The sectors are interconnected via main roads that run in the north-south direction and cross roads that run in the east-west direction. A centralised BDA complex that houses the city administrative offices, is also present here.

HSR Layout Micro market In BangaloreThis neatly planned and well developed locality is attracting investors and end users; as a result, its real estate market is flourishing. Here’s why:

Infrastructure Wealth:

HSR Layout is the most rapidly developing area in Bangalore. The area is flooded with prominent commercial establishments including banks, schools, hospitals, and shopping markets. The major reason for the property demand upliftment in HSR Layout is the improvement in its infrastructure facilities, as well as its connectivity to other parts of Bangalore.

Significant Price Appreciation:

From the rental perspective, both commercial and residential, HSR Layout has shown an increment of 21 percent. Between 2010 to 2012, the area witnessed a 55 percent expansion in rental prices. The rental charges for a 2 BHK apartment (1000-1200 sq ft) costs between Rs 16,000 to 20,000 per month, while for a 3 BHK apartment (1400-2400 sq ft), the price varies between Rs 27,000 to 30,000 per month. Inevitably, many buyers are attracted to invest in this locality due to assured returns with a more than average profit.

IT Industry Expansion:

In terms of commercial office space, HSR Layout is currently the best performing micro market in Bangalore. 18.79 million sq ft space of the locality is covered by IT companies and 16 million sq ft is under construction. About 95 percent of the A-grade space in the market is occupied by IT/ITES offices and Multi National Companies.

Due to the expansion of IT departments, the absorption rate for residential projects in HSR Layout is also quite high, when compared with other micro markets in Bangalore. Recently, there has been an office space absorption of 3.70 million sq ft, which is almost 34 percent more as compared to last year.

Business Centre Proximity:

Another reason for HSR Layout’s gaining popularity is its proximity to other commercial destinations in the city, including Electronic City, Silk Board, JP Nagar, Jayanagar, Whitefield, Sarjapur Road, Marathahalli, etc. Many SEZs and IT Parks are located on the ORR stretch that runs parallel to HSR Layout. ORR accounts for about 25 percent of the IT space in Bangalore.

The infrastructural development in HSR Layout is noteworthy and appreciable. Apart from this factor, a broad range of residential houses, strategic connectivity, and high investment returns are key reasons that make HSR Layout a top locality amongst other commercial locations in the city.

Everything You Need To Know On FSI In Real Estate

March 11th, 2015

Floor Space Index (FSI) is the legal acceptable built-up ratio on a piece of land for a flat or any other residential property. FSI varies from city to city and depends on the amount of infrastructure available in a locality. For instance, if a plot has a super built-up area of 5,000 sq ft and the FSI for the area is 1, then the builder is only permitted to build a two-storied flat that has a surface area of 2,500 sq. Ft on every floor. This article will assure you with everything you need to know about FSI.

The Floor Space Index is also known as Floor Area Ratio (FAR). Generally, plots that are situated in front of wider roads, enjoy a larger FSI than the ones located on narrower roads. FSI also differs within city limits. For instance, if one of the localities in the city is well developed, then the FSI for that area would be much higher than what it is for less developed areas in the city. So, when the policymakers make any decisions on revising the FAR for an area, it becomes a debatable issue.

Major Cities Keep A Tight Lid On FSI

FSIMumbai, the financial capital of India, keeps a tight lid on the FSI because of the limited availability of land. It is because of this that the city has a higher rate per sq. Ft and sees appreciation in land prices every now and then. The FSI in Mumbai is currently at 1.33 and the news is that the Maharashtra government is going to charge builders more. This might raise the FSI to 2.5. However, if the government is going to charge the builders more, redevelopment projects in the suburbs like Mulund, Kanjur Marg, and Kandivali will be hit severely in terms of the cost. If the FSI is upped to 2.5, then this will exert downward pressure on prices as more space will be added to existing flats.

Some Cities Have No Restrictions On FSI

On the other hand, cities like Hyderabad have no restrictions on FSI and space can be added at will. This is why regions in Hyderabad are cheaper when compared to other states, and witnesses less hike in prices of land. If FSI restrictions are imposed in Hyderabad, this will result in high rates of land prices across the city.

The focus right now is on the variations in FSI/FAR ratios in different parts of the country and the impact it creates on property prices. So, keep a look out for the Floor Space Index next time you go out to invest in property to save yourself from paying extra for a lesser surface area.

“Bren” a New Identity of SJR Group

April 24th, 2013

As a part of the company’s renewal and expansion plan, SJR Group, a renowned property developer in Bangalore, has recently launched a new brand identity for the company called “Bren”. This new identity “Bren” involves diversification into new domains including education and retail. Since its inception in 1973, the SJR Group is recognized as one of the Bangalore’s leading and most progressive builders, with several prominent landmarks of developing infrastructure including roads, flyovers, bridges, airport tarmacs, and other public systems, to the most modern structures for residential, retail and commercial spaces.

According to the Bren Corporation, Managing Director, Boopesh Reddy, “We are now taking the next step in the company’s growth and evolution. To ensure our brand reflects the broader reach of the company, we are adopting this new identity. The company’s management, people, services, and products remain unchanged, while the Bren name reflects our timeless values and the brand’s modern outlook. All of which goes towards delivering greater value to our customers, associates, and partners.” He also added that the property development will always been, and always will be, a key business area for the company. They see Bren as people, values, and service.

Some of the ongoing projects of Bren in Bangalore include Bren Avalon in Marathahalli, Bren Celestia in Sarjapur Road and Bren Trillium in off Hosa-Hosur Road. Bren Paddington in Sarjapur Road is newly launched project of Bren. Some of the pre-launch projects of Bren are Bren Palms in Kudlu Gate, off Hosur Road, and Bren Lilium in off Hosa-Hosur Road. Bren Unity in Marathahalli is ready-to-move-in properties of Bren. Some of the ongoing commercial and retail projects of Bren include Bren Star Mall on Bannerghatta Road, Cyber in Koramangala, and Bren Zion in Marathahalli.

Thus, it can be said that SJRGroup is the registered brand name of Bren Corporation in Bangalore.

Aarya Orchid

April 18th, 2012

Aarya Orchid Bangalore by Aarya Shelters

Aarya orchid HSR Layout offers 1/2 and 3 BHK deluxe flats of size ranging between 800 sq ft – 1375 sq ft. The landscape is beautiful with spacious houses. It is under construction and expected to complete soon in 2012 only thereby followed by possession. Home Loans are also very easily available.

The natural ventilated apartments of this property are entirely designed according to Vaastu Principles. It is complied with all the basic and new amenities and features like Sports facility, Swimming pool, Gymnasium, Club House, Cafeteria, Multipurpose hall, Kids Play Area, Power Back-up, Security / Fire Alarm, Corner Flat, Feng Shui / Vaastu Compliant, Intercom Facility, Lift(s), Reserved Parking, Visitor Parking, Swimming Pool, Park, Security Personnel, Maintenance Staff, Water Storage, Waste Disposal, Rain Water Harvesting and many more.

This property situated at HSR Layout is just 4 kms away from nearest Railway Station while 30 kms away from nearest Airport. Major Landmark is Outer ring road Intel office. The city centre is 7 kms from the residential development. Good Schools and Hospitals can found within distance of 1 km. ATM, Shopping destinations, Restaurants and Hotels can also be found nearby.

Aarya Shelters is known to be one of the growing and prominent developers in Bangalore. They give importance to quality, excellent livelihood, environment and on time delivery. It is a team of executives, administrators and designers and engineers who are not only rich in experience but also in Knowledge. They believe that every work should be done with perfection that must satisfy your customers. Their main aim is to provide top technical excellence, impeccable quality and clear titles. Aarya Lakeview, Aarya Vasant is their completed projects and Aarya Orchid is on its way to deliver its benefits.

Splendid Royale

April 5th, 2012

Splendid Royale HSR Layout Bangalore

Splendid Group launched its luxurious residential dwelling Splendid Royale at HSR Layout Bangalore. The landscape is beautiful and spacious with just 1 Block having 72 Houses. It offers 2BHK and 3BHK deluxe apartments of size ranging between 1,104 sq. ft to 1,659 sq. ft and price starting from Rs. 2,900/- per sqft. Apartments are meticulously designed and strictly adhere to Vasstu Principles. It is under construction and expected to complete in Dec 2012 thereby possession in 2013. Home Loans are also easily available. It is known to be approved by BBMP.

Apartment are exceptionally designed and built with quality and style. It offers world class amenities like Health facilities, Club House, Library, Indoor Games, Broadband, Jogging track, Multipurpose Hall, Power Back-up, Security / Fire Alarm, Feng Shui / Vaastu Compliant, Intercom Facility, Lift(s), Reserved Parking, Visitor Parking, Swimming Pool, Security Personnel, Maintenance Staff, Water Storage Waste Disposal, Rain Water Harvesting and many more.

This lavish property is situated in HSR Layout. The key Landmark is Hsr bda complex HSR Bus Stop and HDFC is just 500 mts away. Nearest Railway Station is 4 kms far while Airport is 15 kms far. Main city is just 1 km away. Companies like WIPRO, HCL, ACCENTURE, AOL, etc are within 12 kms. Nearest Schools are Sunshine English High School, Vibgyor High – HSR Extension, Zee School, Kala Niketan High School, Sushrut Yoga Research Centre, Cambridge Public School. Nearest Colleges are Indian Institute of Management Bangalore, The Oxford College of Engineering, National Institute of Fashion Technology etc. nearest Hotels are Hotel Amulya, Keys Hotel , Blue moon Loginn,The Bouvice Villa etc. Hospitals and shopping destinations are also found in less than 1 km area.

Splendid Group is Bangalore base real estate Development Company. It was found under the leadership of Mr. Ram Mohan Vora who is both rich in experience and knowledge. Splendid Constructions is a Real Estate Development firm of Splendid Group involved in fields of Commercial, Retail, Residential and Hospitality. They have successfully completed residential projects like Splendid V.S.Cozy, Splendid Mythri Pearl and Splendid Mythri Sapphire. Their current project is Splendid Royale and upcoming projects include Splendid Skyline, Splendid Atrium and Splendid Siri Ventures.

Sai Poorna High End

February 27th, 2012

Sai poorna high end Bangalore

Sai Poorna High End by Srinivasa Developers is one the ongoing projects located at HSR layout, Bangalore. It is built on 80 feet Harlur Main Road. . It offers 85 modern 2 and 3 BHK flats in 1 block, with basement, G+4 floors. It also provides 3BHK with private garden or terrace. The sizes of these exclusively styled homes range from 1328 sft to 2450 sft. 80% of construction is done and is expected to finish in June 2012.

This project has spacious homes with high-end amenities and specifications like Garden, Indoor Swimming Pool with Toddlers’ Pool and Cascade, Party Hall with Swimming Pool View, Vaastu Compliant Homes, Spacious Corridors for better cross ventilation, Conference/Meeting room with Home Theatre, Club House, Gymnasium, Children Play Area and Parents Sit out with Landscaped Garden @ Central Place, Crèche with Parents Sit Out, 24 Power Back-up, STP, Intercom / CCTV / Wi-Fi in association with the service provider and many more.

This residential layout is on the 80 feet Harlur Main Road, which is radial road to Sarjapur Road and Hosur Road. Schools like VIBGYOR HIGH, Cambridge Public School are at short distances while close to IT Hubs of Electronics City(6kms), WIPRO Corporate Office(4.5 kms) and Intel @ Marathalli-Sarjapur Outer Ring Road(5kms).Close to all medical facilities this project is at affordable distances from Airport and Railway Station. Rail Road Junction @ Hosur Road is 3.5 kms away from it while Total Mall @ Sarjapur Road @ Sarjapur road and Koramangala Forum are 3 kms and 7 kms away from it respectively. Madiwala, Spencer’s, More, Nilgiri’s and HSR BDA Complex are also very near .ITPL and M.G Road are at distance of about 12 kms.

Srinivasa Developers was established by Mr. POLA SRINIVASULU who has a rich Experience of 25 years in the Construction Industry. They have launched highly spacious projects in Bangalore for more than 2 decades. Sai Poorna Heights and Poorna Palace are perfect examples to state their efforts. They have a habit to surprise and excite us with their every new launch. They are not just providing you homes rather a lifestyle of enhanced living. A strategic Location, An executable practical design, spacious layout and Investment appreciation are key criteria’s to decide their projects. Submitting in just one line they give Spacious Quality Homes @ Value for Money Price.

Mulberry Woods

February 20th, 2012

Mulberry Woods Bangalore by Saran Developers is a premium residential apartment complex located at off sarjapur road. The project is spread across 3.3 acres and will propose 108 Super Premium apartments in 3 blocks. Each block is 9 storyed with 4 apartments per floor. It offer only 4 BHK residential dwelling with one of the best and superlative amenities and features. The project site has an accessible teak plantation at the back. Greenery is given prominence by using just 30% of the land as building. The project is exclusive and very different because of the mulberry culture in a community of consuming less, but living a full-life. In short these houses are aesthetically designed yet simple and very new to live.

It provides spanking new amenities like Club House, Gymnasium, Steam & Sauna, Carom & TT, Library cum TV room, Pantry / Open Café, Swimming Pool (for Adults & Kids), Visitors’ Car Parking, Children’s Play area, Barbeque Cabanas, Old Folks’ Corner, 24/7 Physical Security, Demarcated Garbage Disposal Points, Demarcated Bicycle Parking Area, Rain Water Harvesting / Central Sewage System. Special features comprises of all 4 Bed Condos, All Corner Properties, Landscaped Terrace balcony in every condo, Exterior wooden deck, 70 % green cover, No Common Walls, Wooden flooring in the master bedroom, fire safety provisions, Private Garden / Terrace, Modular switches of ABB, UG and OH tank and many more.

Mulberry Woods is shrewdly located at off Sarjapur Main Road. It is approx 4 kms from the Sarjapur Outer Ring Road Junction .It is close to all essential facilities such as hospitals, schools, supermarkets, and major work locations. Total Mall and Sigma Tech Park are 3 km and 8 km away respectively. It en-route to a lot of reputed schools in town like Indus International, Gear International, TISB, DPS etc. Many IT companies like Wipro, CISCO, Accenture, IBM etc lies in close vicinity to it.

Saran Developers is a reputed Real Estate company which has delivered many quality projects. Mulberry Meadows is a very good example to state which was completed in 2010 despite of all adverse conditions during recession. And now to give much better Mulberry Woods is on its way. It is expected to offer its benefits in December 2014.They have sound reputation with highly dedicated and experienced people to deliver their best.

HSR Residents complain of police inaction

February 6th, 2012
Posted: Mon, 06 Feb 2012

Residents wanted immediate action. DCP’s promise of prompt action didn’t make a mark.

Our department will take this as a challenge, support us we will make the process more easily” says Deputy Commissioner of Police, Dr P S Harsha (south east division).

Federation of HSR Layout Residents Welfare Association on 28 Janaury, conducted an interaction session with the police officials at HSR club. The topic of discussion was mainly crime and traffic problems.

“I am ashamed about the theft that happened in the at 6th sector where many IPS officers and commissioner reside , still the cases are not solved. Why?” asked Dr. Rajesh Urs

Though every resident present wanted…

Complete news here.

Gang of six men robbed Rs 32 lakh in HSR Layout

June 1st, 2011

The employees of Shiva Trading Company were robbed by a gang of six men and took away two bags containing the money. One bag contained Rs 20 lakh and the other contained Rs 12 lakh. The robbers threw chilli powder on the employees’ faces, blinding them temporarily.

Police said the employees of Shiva Trading Company were taking the cash to be deposited in a bank when the alleged robbers intercepted their vehicle at Madivala police station limits at about 11.15 am. The machete-wielding robbers had been tailing the employees’ Maruti Eeco in a car. One of them broke the glass of the left rear window, and took away two bags containing the money.The staffers were on their way to Karnataka Bank branch near Silk Board when they were robbed.

The employees were identified as Lakshman, Shankara Reddy and Krishna Reddy, and driver Rajasekhara Reddy. Though the staffers were threatened with machetes, none of them were injured. Krishna Reddy was a relative of the firm’s proprietor, police said.

Joint commissioner of police (crime) Alok Kumar said, “A separate team has been formed to arrest the gang. All check-posts have been alerted,” the officer said.

A witness, who was heading towards Silk Board Junction, said he saw a red car speeding away towards Hosur. “I thought the occupants of the car were under the influence of alcohol. Then I heard someone screaming for help. I thought the car was involved in a hit-and-run case. I rushed to the spot and learnt of the robbery,” he added.

DNA India

Drains being cleared, respite for HRS residents

May 20th, 2011

After repeated complaints, the civic authorities have started de-silting of drains to avoid overflow of sewage.

Overflowing sewage and storm water drains are commonplace in HSR Layout, leaving the area in a mess. Drains overflow, leaving the solid contents on the streets, and sewage water enters the storm drain, making it all the more difficult for the denizens to bear the stench and water-logging.

After repeated written complaints and phone calls, the authorities are now taking some action and de-silting the drains for the smooth flow of water and to avoid overflow.

Residents and RWA members are expecting some quality work from the civic authorities so that they do not have to approach the department concerned, corporator and other officials of civic bodies again.

Speaking to Cityplus, BBMP assistant engineer S Somashekar said, “Rs 18 lakh has been allocated for de-silting of drains in HSR Layout. Work started a week back and in two or three weeks, work will be complete.In 5th Main, 9th Main, 15th Main the de-silting work is almost complete and depending on the complaints we received we will take the work on the priority basis.”
When asked which are the other mains or roads where work is taking place, Corporator Latha Narashimamurthy,

“We asked Residents’ Welfare Associations to identify the drains in their sectors and even I have inspected few places. The civic authorities will start work where the condition is worst and needs immediate action.”

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