G
Govind Menon
posted on 4 MayIs Hennur Road still a smart investment for a 2BHK?
Budget finalised, loan pre-approved — but I'm totally stuck on Hennur Road. Fed up of renting yaar, my landlord just hiked rent again. Finally taking the plunge for a 2BHK, around 1200 sqft. Everyone talks about Hennur Road for investment, but is it already too late? Has it peaked, or is there still good value? Not sure if I should be looking at specific sub-sectors or projects for better ROI right now. What's the ground reality for appreciation here? Any advice on current undervalued pockets?
#hennur-road#investment#2bhk#first-time-buyer#roi
Comments
Thanks for sharing your experiences, everyone. It's a tough market. What about undervalued pockets? Is there any specific area around Hennur Road, maybe towards Aavalahalli or Akshayanagar, that still has potential without breaking the bank for a 2BHK?
Yes, exactly! I'd say look slightly off the main Hennur Road. Areas closer to
Aavalahalli side might still offer some value compared to the main Hennur Road stretch, but connectivity is a slight issue. You'll need to factor in commute time and future infrastructure development there, which can be slow.
See, I booked a 2BHK in a Prestige project near Hennur Road a couple of years back. Prestige Group is a reputed builder, established in 1986, HQ in Bengaluru, so I trusted them blindly. But construction delays have been a nightmare! They promised possession by last year, still waiting. Has anyone else faced similar issues with projects there, or with Prestige specifically?
Oh god, this is my biggest fear! Delays are the worst, especially when you're budget-conscious like me.
My cousin also faced this with a different builder, but same area. He booked in Agrahara Layout, thinking it was a prime spot, but the project is almost two years behind schedule. It really eats into your planned ROI when you're paying EMI and rent simultaneously. I'm now super cautious about pre-launch projects after hearing his story.
Haan bhai, construction delays are common across Bangalore, not just Hennur. The current market conditions with labour shortages and material costs fluctuating have made it worse. Keep following up with the RERA complaint if you have one, that's your best bet.
Yaar, I'm also looking at Hennur, but isn't it already too expensive? Like, what's the average per sqft right now for a decent 2BHK? I'm worried about overpaying and getting stuck with something that won't appreciate further.
Totally agree. My agent showed me a place near Adigara Kallahalli, it was crazy expensive for what it offered. Felt like a trap for first-timers.
Sahi baat hai, prices have shot up. For a new project, expect upwards of ₹7500-₹8500 per sqft depending on the builder and amenities. Resale might be a bit less, around ₹6800-₹7200, but still high. It's definitely not cheap anymore, you're right.
Absolutely! Hennur Road has been booming. My friend bought a 1BHK there last year and already sees good appreciation. Seems like a solid bet for a first-time buyer.