20 km eastwards from the City Bus stand and just 2 km from Whitefield, the IT hub of Bangalore, Hoodi is on the Whitefield – ITPL Main Road and the locality’s scope for noteworthy infrastructure, residential, and commercial prospects exceed expectations. Here we present an overall look at Real Estate growth potential in Hoodi, Bangalore
Surrounded with prosperous economic hubs of Whitefield, Hoskote, K R Puram, Kundalahalli and Marathalli (Outer Ring Road), it is nicely placed for people working in technology industry and with most large developers like Brigade Group, Prestige Group, Godrej, RMV Developers, and Skylark having quality apartments it is one of the most preferred residential location in Bangalore.
Social infrastructure is well developed here, with prominent schools like Euro School, Gopalan International School, Keya Day Care, and Hoodi Day School established here. In terms of healthcare centres,this area hosts Meghana Nursing Home and Sathya Sai Baba Hospital.
Connectivity and Transit Points
Hoodi enjoys excellent road connectivity, with all four roads coming via ITPB, Indiranagar, Brookefields, and KR Puram meeting at Hoodi Junction and is at a walkable distance from the affluent ITPL, and is already experiencing the waves of development as a result of this proximity.
Surrounded by major roads such as Hoodi Main Road, ITPL Main Road, Graphite India Road, NH-4, and Hoodi-Sadaramangala Road, the locality conveniently connects to nearby localities like Whitefield, Krishnarajapura, Yelahanka, Kengeri, Hosakote, Dasarahalli, and Devanahalli.
Hoodi has a railway station recently started besides the other closest railway stations located at Whitefield and KR Puram at a distance of 7 km and 8 km respectively, and facilitates inter-city and intra-city travel. Local bus stops in the area include Hoodi, Dodda Nekkundi, Seetharampalya, Thigalarapalya, and Graphite India Limited bus stations. Bangalore International Airport is located at a distance of 43 km from Hoodi, and can be accessed via the NH-4.
- Bhoruka Tech Park
- Brigade Metropolis
- Hoodi Lake
- UTC Aerospace Systems
- Prestige Shantiniketan Residential Apartments
Factors for Growth in the Past
The presence of a multitude of land parcels led to developers creating large commercial infrastructures like ABB Global Industries Services, Bhoruka Tech Park & Brigade Metropolis. As a result of this industrial explosion, the demand for residential units within Hoodi grew by leaps and bounds.
Growth was further driven by the brilliant connectivity between Hoodi and the surrounding localities. The development of the signal-free Outer Ring Road stretch that extends all the way from Silk Board Junction to Hebbal and links Electronic City to Whitefield, enhanced the accessibility of this locality.
Social infrastructure in terms of hospitals, schools, malls also ensured that people wanting to stay in Hoodi get all amenities without having to go further distances.
Factors for Growth in the Future
The proposal made to widen NH-207 to a four-lane road, will improve the connectivity between Dabaspet to Hoskote and surely attract residential as well as commercial projects to be launched in Hoodi
The upcoming Bangalore-Chennai expressway being constructed from Hosur, and the Metro Rail corridor will eventually lead to a ravenous market appetite for investors, project developers, and potential buyers in Hoodi.
Here’s a list of some Residential Projects which are in pre launch, launch or under construction stage
- Godrej Hoodi – Godrej is coming up with a new residential apartment complex spread over 5 acres. 500 mts from Hoodi Circle, the project will be house to 480 families with 85% open area and focus on “Health & Fitness” theme. The project will have 1,2,2.5 and 3 BHK apartments and is under pre launch stage.
- Brigade Lakefront – Spread over 20 acres, the project is close to completion and is located in EPIB zone. Starting at around 75 Lacs, the project would have close access to ITPL Metro Station making connectivity to central Bangalore and other areas easy. To know more about the project click here.
- Skylark Ithaca – Aptly named as an island of happiness, is a one-of-a-kind project in the heart of bustling Whitefield, it perfects the fine balances of an international lifestyle with an irresistible price. With no other high rise apartments coming up in the radius of 2 KMs, 80% (16 Acres) Open Space it offers huge landscaping area and play grounds and parks. To know more click here