Nestled in the southern part of India, the city of Hosur has a rich history that dates back over 800 years. Over the course of time, it has evolved from a quaint historic town into a bustling industrial city that’s now emerging as a prime investment destination and as a hub for industrial and automotive giants. This influx of development has not only fuelled regional economic growth but has also led to infrastructural development, including the recent announcement of the establishment of Hosur’s own airport and a 500-acre ‘Tech City’
In this blog, SPA Group will explore the journey of Hosur’s growth, development, modern conveniences and why it has become an attractive prospect for investors.
- Industrial growth
- Agricultural Opportunities
- Seamless Transportation
- Facilities in and Around the Locale
- The Perfect Destination for Real Estate Investment
Hosur’s rapid industrial growth has been a key catalyst in driving the demand for the region. The city’s strategic location along the Bengaluru-Chennai Industrial Corridor has attracted major players such as TVS Motors, Ashok Leyland, and Titan, who have established manufacturing units here.
In recent years, the city has witnessed a surge of interest in the electronics and electric vehicle (EV) sectors. Big names like Tata, Delta, Ola Mobility, Ather, and Simple Energy have made Hosur and Krishnagiri their home.
Additionally, Apple has collaborated with Tata to make its iPhones in India. The partnership, at present, entails making parts for the iPhone SE along with the testing of the assembly of the upcoming iPhone 15 at a facility in Hosur.
This influx of high-tech and EV-related industries has not only created numerous job opportunities but has also bolstered the demand Hosur’s real estate, making it a prosperous location for investment.
Hosur also benefits from a surge in hi-tech horticulture driven by small and marginal farmers and first-generation farmers. Over the past five years, the region has witnessed remarkable growth in modern farming practices, which coincided with the IT boom in Bengaluru.
This agricultural transformation has been made possible by generous subsidies for poly greenhouses, shade net structures, and micro-irrigation systems. These incentives, along with technical support, have fuelled the adoption of hi-tech farming. Farmers are also investing in rainwater-harvesting structures as part of this modern approach.
Subsidies, portable farming techniques, and advanced technology propel Hosur’s agriculture, sustaining a comfortable life for many.
Connectivity is vital when considering real estate investments, and Hosur excels in this regard. The city boasts excellent road connectivity, with the NH44 (formerly NH7) and the NH844 passing through, providing easy access to major cities like Bengaluru and Chennai.
Additionally, the upcoming Peripheral Ring Road (PRR) will be a 73.50 km stretch with a 100m wide road. The PRR Project aims to connect Hosur and Tumakaru Roads via Hessaraghatta Road, Doddaballapur Road, Ballari Road, Hennur Road, Old Madras Road, Hoskote Road & Sarjapur Road.
Furthermore, the news of the Bengaluru Metro’s expansion to Hosur is poised to be a catalyst for substantial growth and development in the Hosur region. This development is closely tied to the progress of the Bangalore Metro Rail Corporation Limited (BMRCL) Yellow Line, which will establish a vital link between Bommasandra and RV Road in South Bengaluru. The Yellow Line is currently projected to commence operations in December 2023.
This robust transportation network facilitates daily commutes and makes it attractive for logistics and warehousing investments, boosting the overall Hosur real estate investment.
Hosur doesn’t just offer industrial and agricultural opportunities; it also provides a range of essential facilities that add to its appeal for real estate investors.
The city brings elevated experiences in the form of exceptional healthcare facilities such as Narayana Healthcare to shopping centres like HV arcade, schools like Camel International School, and recreational spaces like the Rotary Club of Hosur. These amenities enhance the quality of life for residents and, in turn, increase the demand for residential properties. Investors recognize the value of a well-rounded locale, making Hosur a prosperous destination for real estate investments.
In summary, the immense growth in Hosur’s real estate sector can be attributed to its thriving industrial base, agricultural potential, seamless transportation networks, and the availability of essential facilities. These factors collectively support its status as a prosperous location for investment.
SPA Group offers an incredible opportunity to invest in SPA Ecocity with plots for sale Sarjapur road near Hosur. The handcrafted 50-acre environment provides a promising and lucrative investment destination and promises the benefits of connecting with pure nature and enjoying the advantages of modern, sustainable life.