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Flats Under 60 Lakh for sale in Off Old Madras Road Hoskote, Bangalore
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About Properties In Off Old Madras Road, Hoskote, Bangalore for Sale
Overview of Hoskote
- Hoskote is a prime budget range locality and is a fast-developing and growing region within the Bengaluru Urban District, which falls in the Bengaluru Metropolitan Region.
- Hoskote lies in East Bengaluru, and it includes localities like Old Madras Road zone, Whitefield periphery areas, and the Budigere Cross zone.
- Hoskote is classified as an urban-suburban region, with quick residential expansion being witnessed due to industrial development and IT fallout effects.
- Hoskote is essentially a residential location, alongside commercial, industrial, and warehousing locations.
- This area has good property rates, coming under the category of premium and mid-high budget areas, which cost between ₹8,000 and ₹14,250 per sq. ft.
- Due to its proximity to industrial hubs, strong infrastructure growth, upcoming road expansions, and excellent connectivity, Hoskote is considered a good place to live and invest for better future appreciation.
- The PIN Code of Hoskote is 562114.
Hoskote Residential Market Insights
- The average property prices in Hoskote range from ₹ 5,500 to ₹ 9,500+ per sq.ft.
- The average property price of a 1 BHK in Hoskote is approximately ₹45 lakhs to ₹60 lakhs.
- The average property price of a 2 BHK in Hoskote is approximately ₹55 lakhs - ₹95 lakhs.
- The average property price of a 3 BHK in Hoskote is approximately ₹75 lakhs - ₹1.95 Crores.
- Average rental prices in Hoskote range from ₹12,000 to above ₹28,000.
- The location is situated near the industrial centres of Hoskote Industrial Area, Whitefield, KR Puram, and Old Madras Road, thus providing an ideal spot to buy or rent a property.
- The average cost of the land plots in Hoskote is estimated at ₹3,000 to ₹7,500 per sq. ft.
Connectivity and Transport In Hoskote
- Hoskote is internally well-connected via BMTC (Metropolitan Transport Corporation) buses and private shuttles, and regionally via the KSRTC (Karnataka State Road Transport Corporation) bus network.
- To travel through the railway network within the district, state and outside, residents can easily access the nearby Whitefield Railway Station, KR Puram Railway Station, or Bengaluru Cantonment Station.
- Metered auto rickshaws, app-based cabs like Ola and Uber, in addition to buses and BMTC services, serve the area's public transport well.
- The primary roadway connections from Hoskote include the Old Madras Road, National Highway 75, Satellite Town Ring Road (STRR), and Hoskote-Malur Road, linking to Whitefield, KR Puram, and Bengaluru city.
- Budigere Cross Road, Hoskote Main Road, and Malur Road are arterial roads that enable smooth travel in Hoskote.
- The Kempegowda International Airport is around 30 km away, and the HAL Bengaluru Airport is approximately 50 km away from Hoskote.
Social Infrastructure In Hoskote
- Hoskote has essential social infrastructure and civic facilities, which focus on catering to the needs of the residents.
- Some of the reputed educational institutes in the area are New Baldwin International School, Delhi Public School, Narayana e-Techno School, Garden City University, East Point College, MVJ College of Engineering, Ryan International School, Cambridge School, and Orchids The International School.
- Some of the famous hospitals in Hoskote are MVJ Medical College and Research Hospital, Narayana Multispeciality Hospital near the locality, Vydehi Hospital near the locality, Manipal Hospital Whitefield, and other nursing homes and hospitals in the vicinity.
- Some of the highly rated and equipped supermarkets in Hoskote are DMart, local supermarkets, Reliance Smart Bazaar, and nearby retail shops in Whitefield and KR Puram.
- Apart from the above, there are various other facilities in the location, which are quite helpful to the residents of Hoskote, including supermarkets, ATMs, banks such as HDFC and SBI, petrol pumps, hotels, dining places, coffee bars, and gyms.
Employment Opportunities In Hoskote
- Hoskote is well-connected to some of the most well-known corporate and industrial areas in East Bengaluru.
- The Hoskote corridor has multiple popular business centres that provide travel conveniences to working professionals.
- Hoskote Industrial Area, Whitefield, KR Puram, ITPL, Brigade Tech Park, and nearby warehousing and logistics parks are in and around Hoskote.
Lifestyle In Hoskote
- The lifestyle of Hoskote is basically residential in nature, with strong industrial and logistics support. Hoskote has both residential and commercial properties to offer.
- The location of Hoskote has a lively atmosphere due to the development of residential, commercial, and industrial areas.
- Some of the popular tourist spots in Hoskote are Hoskote Lake, Chikka Tirupati nearby, Nandi Hills nearby, and historical temples in and around East Bengaluru.
- The tourists can easily visit these places due to the strong road network of Hoskote.
- Hoskote is best known for its open surroundings, developing infrastructure, and access to nature on the outskirts of Bengaluru.
- The tourists prefer to visit these places during the pleasant monsoon and winter seasons.
Safety and Security In Hoskote
- The city’s Police Station takes care of the security and safety.
- The police station regularly patrols the city to prevent any crime incidents or illegal activities.
- Traffic regulation is done thoroughly through traffic officers and traffic signals.
- Fire safety equipment, such as fire extinguishers and fire alarms, is installed in crowded places.
Development and Future Prospects In Hoskot
- The Satellite Town Ring Road and widening of Old Madras Road will be developed to enhance connectivity.
- To facilitate smoother connections to tech and industrial hubs, a large elevated corridor has been planned along key east Bengaluru routes.
- The metro corridor project in East Bengaluru will make travel more convenient for people residing in Hoskote.
- There is a rise in industrial development in Hoskote due to KIADB, which has resulted in employment creation.
- The social infrastructure of Hoskote will get a major upgrade with its connectivity to Whitefield, KR Puram and other key hubs.
- The road network will have stronger connections through Hoskote, Budigere Cross, and Malur Road that will link the entire city.
Culture and Community in Hoskote
- Hoskote is a cosmopolitan region and a growing residential and industrial hub of Karnataka.
- A diverse population is settled here in peace and harmony.
- Located near lakes, temples, and industrial corridors, Hoskote is famous for its evolving residential landscape.
- Street food is very popular in Hoskote. There are plenty of eating joints and restaurants in the area offering typical Karnataka dishes, biryani, and fast food.
- There are many temples in the area that preserve the area’s cultural significance, giving a sense of spirituality. These temples are also architecturally significant.
- Chikka Tirupati Temple, local Hanuman temples, and nearby shrines, beautifully placed in the area, are some well-known religious places near Hoskote.
Environmental factors in Hoskote
- Hoskote is a residentially developing area, while preserving its open surroundings and promoting a sustainable living environment.
- The area of Hoskote has several green spaces, lakes, and open plots in the vicinity that keep the surroundings peaceful and fresh, where residents and visitors can experience a calm and serene atmosphere.
Flat Configuration in Hoskote
- Hoskote offers a range of 1 BHK, 2 BHK, 3 BHK, and 4 BHK properties.
- These properties are available in both under-construction and ready-to-move conditions.
- 1 BHK, 2 BHK, 3 BHK and 4 BHK properties are most popular in Hoskote.
- Hoskote mainly has mid-segment and premium-segment housing properties. But it also has many plotted developments and villa communities.
- The area primarily offers apartments, but other properties like plots, villas, and gated communities are also popular here.
Property Price Growth in Hoskote
- In the last 1 year, Hoskote has witnessed a steady price growth.
- Whereas in the last 3 years, Hoskote has experienced around 35% price appreciation.
- Over the past 5 years, Hoskote has experienced remarkable growth due to industrial expansion and infrastructure upgrades.
- Also, a residential rental yield of around 3% to 4% has been achieved due to an increased demand for rental properties.
- Hoskote expects rapid price growth in the near future due to rapid development, steady industrial zone growth, and aggressive urbanisation.
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Frequently Asked Questions
What are the popular residential areas in Hoskote?
Some of the top residential areas in Hoskote include Hoskote.
What types of properties are available in Hoskote?
Hoskote offers Apartment, catering to various budget segments.
What is the average property price in Hoskote?
The average property price in Hoskote ranges from ₹4,950 to ₹6,100 per sq.ft., depending on the location and amenities.
What are the metro stations in and around Hoskote?
The metro stations in and around Hoskote include key stops such as Chokkahalli, Unipick Foods Pvt Ltd, Sowparnika Purple Rose, providing convenient connectivity to major areas.
Are there affordable housing options in Hoskote?
Yes, areas like offer budget-friendly housing options in Hoskote.
What are nearby locations in Hoskote within 3KM?
Hoskote is home to a mix of vibrant residential neighborhoods and bustling commercial hubs.Residential areas near Hoskote
Commercial areas near Hoskote
Are there luxurious housing options in Hoskote?
Areas like Off Old Madras Road with price range above ₹1.77 Cr are known for luxurious residences in Hoskote
Are there housing options in Hoskote ranging from 60L to 1Cr?
Yes, Hoskote offers several housing options in the ₹60L to ₹1Cr range, providing well-designed apartments with modern amenities in prime residential areas.Top 1 properties are:
Are there luxurious housing options in Hoskote priced above ₹1 crore?
Yes, Hoskote offers several luxurious housing options priced above ₹1 crore, featuring premium amenities, spacious interiors, and prime locations.Top 2 properties are:
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