Why Horamavu Is East Bangalore's Growing Address
Horamavu is a residential locality in the eastern part of Bangalore, pin code 560043, sitting between HBR Layout, Banaswadi, and Kalyan Nagar just off the Outer Ring Road. Horamavu is a affordable locality situated in the eastern part of Bangalore, near Nandanam Colony, Ashirvad Colony and Muniredddy Layout. The neighbourhood has moved from a quiet residential pocket to a mid-to-premium housing hub as demand from IT professionals working along the ORR-Old Madras Road belt has grown.
Horamavu offers apartments from the mid to premium budget category, easy access to Outer Ring Road & Old Madras Road benefits locals, and Embassy Manyata Business Park, a key employment hub, is at 7 km. The fact that Horamavu is easily accessible from the city's important emerging technology sector offices is a key reason behind the area's expansion, with Fewata Tech Park and International Tech Park only 9 and 15 kilometres away respectively. This proximity to major employment clusters has kept rental and resale demand steady in the locality.
On pricing, flat prices in Horamavu, Bangalore are in the range of Rs 5600-8800 per square feet, and the average flat rate in Horamavu, Bangalore is around Rs 6,200 per sq ft, with a 2 BHK flat available at a price range of Rs 6,000,000-9,500,000. Land values have also moved up, with land rates in Horamavu, Bangalore around Rs 5300-12850 per sq ft.
Prestige Group and DS Max Properties offer housing projects here, and the locality's social infrastructure - from reputed schools to multi-specialty hospitals and retail chains - has matured alongside the residential development, making it a practical choice for both end-users and long-term investors.
