Hebbal, situated in Bengaluru's northern region, is a rapidly growing residential and commercial area known for its proximity to Kempegowda International Airport. In March, L&T Raintree Boulevard emerged as the top-selling building, with various options available for homebuyers. From luxurious apartments in Crown Aura to budget-friendly choices in Anand Nilaya, Hebbal caters to diverse budgets and preferences. The area offers a mix of housing options, including spacious homes and compact living spaces. With prices per square foot ranging from INR 930 to INR 46,932, Hebbal accommodates different budgets. Close to 52% of apartments sold fell within the INR 1 - 2 crore range, appealing to a large segment of buyers.
Hebbal is a rapidly growing residential and commercial hub located in the northern part of Bengaluru, Karnataka. Known for its proximity to the Kempegowda International Airport, this locality has garnered significant attention from homebuyers and businesses alike. Hebbal boasts a well-planned infrastructure with a mix of residential complexes, corporate offices, and retail spaces. The area offers a range of housing options, including gated communities, apartments, and independent villas, catering to diverse preferences.
Hebbal is also home to renowned educational institutions, healthcare facilities, and shopping centers, contributing to its self-sustaining nature. With its strategic location and excellent connectivity to other parts of the city, Hebbal has emerged as a coveted destination for those seeking a comfortable urban lifestyle.
In March, L&T Raintree Boulevard emerged as the top-selling buildings, closing 8 deals out of the 23 deals registered in Hebbal. This was followed by Anand Nilaya which closed 6 deals. Godrej Woodsman Estate managed to close 3 deals.The distribution of sale transactions between Developer sales and Resale were quite similar.
Hebbal caters to diverse budgets and preferences. On the high end, a luxurious apartment in Crown Aura commanded a price tag of INR 6 crores, attracting luxury homebuyers. Conversely, a budget-friendly option in Anand Nilaya was available for just INR 8.92 Lakhs, providing an excellent opportunity for value-conscious buyers.
The apartment sizes varied greatly, with the largest unit spanning 6,830 square feet in Crown Aura and the smallest being 384 square feet in L&T Raintree Boulevard. This versatility ensures that Hebbal caters to everyone, from families seeking spacious homes to individuals preferring compact living spaces.
Prices per square foot in Hebbal ranged from INR 930 to INR 46,932, with an average of around INR 18,678. Most apartments sold were in the coveted 1-1,000 square feet range. However, close to 40% were between 1,000 - 2,000 square feet. The apartment sales between 2,000 - 3,000 square feet and 3,000 - 4,000 square feet contributed a single deal each. Close to 52% of the apartments sold in March fell between INR 1 - 2 crore range, catering to a large segment of homebuyers. However, the area also caters to luxury buyers, with about 10% of apartments priced between INR 2 crore and INR 3 crores. Additionally, 35% of the flats were sold within the INR 1 crore range. There was a single deal which even closed at INR 6 crores.
Hebbal established itself as a prime real estate destination, offering a harmonious blend of affordability, luxury, and adaptability in its property market. Its appeal lies in its contemporary amenities, excellent connectivity, and varied housing choices, accommodating the needs and desires of all residents, whether they seek modest dwellings or extravagant homes, thereby nurturing an ideal living environment for everyone.
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