An exciting destination for real estate in Bangalore today is Hoskote. This region of Bangalore is today a residential hub which is in much demand among those eager to own residential property in Bangalore and the price of properties here has also risen considerably as has the supply of new homes. A few reasons why Hoskote is in demand is the region's proximity to IT parks, the easy availability of affordable housing, and higher than average appreciation in the capital value of the properties in Hoskote.

1. Hoskote: An Attractive Mid-Segment Market
for Real Estate in Bangalore
An exciting destination for real estate in Bangalore today is Hoskote. This region of
Bangalore is today a residential hub which is in much demand among those eager to
own residential property in Bangalore and the price of properties here has also risen
considerably as has the supply of new homes. A few reasons why Hoskote is in demand
is the region's proximity to IT parks, the easy availability of affordable housing, and
higher than average appreciation in the capital value of the properties in Hoskote.

2. What Makes Hoskote an Attractive Realty Market?
This region is located 25 kilometers from Bangalore and was earlier known to be a
popular industrial hub, however with the passage of time Hoskote has shed its tag as an
industrial township and transformed itself into planned satellite township, not unlike the
suburbs of Mumbai such as Navi Mumbai. This has led property in Bangalore located as
Hoskote to be highly prized among home buyers. Top builders in Bangalore too have
flocked to Hoskote to take advantage of the positive transformation this region of
Bangalore has undertaken which has made Hoskote a desirable place to live for many
who work in Bangalore’s vibrant IT sector.

3. IT Helps Bangalore Realty
According to experts, Hoskote has gained prominence due to its proximity to IT hubs and
because of Bangalore’s software and technology industry which has over the past few
years expanded in size employing a larger share of the cities workforce. A larger number
of BPO companies in the city are also responsible for Hoskote’s good fortunes as many of
those who work in the cities BPO sector prefer to live in Hoskote.
Other factors which have led to an increase in the demand for property in Hoskote are
the planned auto hubs and manufacturing hubs in the region which together have led to
greater demand for upcoming projects in Bangalore located at Hoskote.

4. Capital Values at Hoskote
While capital values at Hoskote are as yet modest when compared to regions such as Navi
Mumbai, they are nonetheless a sign of a bustling real estate market in Hoskote. The rate
of homes at Hoskote today stand at between 2,700 and 3,200 rupees per square foot
which signify that the region is preferred by the middle-income segment of homebuyers.
When such middle-income buyers are eager to invest in new projects in Bangalore, the
neighborhood of Hoskote certainly deserves their attention. Buyers keen to own
apartments in Bangalore which are priced at 30 to 40 lakhs shall find no shortage of such
homes in Hoskote. Many such homes today are bought by middle-income households not
only for the purpose of end use but also as an investment vehicle as buyers rightly expect
their property will appreciate in value over the next few years.

5. Hoskote is a Renters Market As Well
In addition to providing households with an asset that is likely to appreciate in value, flats
for sale in Bangalore located at Hoskote also provide owners the means to earn rental
income from their property. While the rental incomes earned today are modest ranging
from between 6,000 to 13,000 rupees per month, over time such rentals are bound to
rise in value as the region serves its residents with better social and physical
infrastructure. Many of those who rent homes in Hoskote work in Whitefield and hence
the locality provides them an ideal locality at which to live due to an easy commute.
However, buyers eagerly looking for luxury apartments in Bangalore may not find many
suitable properties in Hoskote.

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