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Can someone suggest good real estate investment properties in Hosur (Close to Bangalore), TN, India ?
By Tom | April 30, 2007
sangeetha n asked:
Hi, We are planning on buying some good property in Hosur as an investment. The main reason we picked Hosur was that it is close to Bangalore, but still in Tamilnadu. Many people guess that Hosur is developing as major IT Hub. Do you think it is a good thing to invest in Hosur and do have any suggestions for properties in Hosur ? Thanks
Dolores
Topics: investment properties | 1 Comment »
May 2nd, 2007 at 7:00 pm
HI Sangeetha, I think you guys have made a perfect choice. Hosur was recently designated as a SEZ and Tamil Nadu CM recently laid foundation stone for a new IT park there. Many believe that, all software giants in Bangalore will setup offices in Hosur due to the extreme traffic and other political situations in Karnataka. So, Hosur is all set to be an IT supplement to Bangalore.
Regarding suggestions for properties, I see that most developers in Hosur are selling at very inflated prices. This is mainly due to the closeness to Bangalore. There are very few developers who sell at fair prices. After very intensive research, I have booked 2 houses. The place is called as Golden City – Hosur. This place is conveniently located close to the proposed IT Park and also close to NH-7. Prices at Golden City seem to be about 25% less than most other developers in the area. If you are interested, try visiting
I hope this information is of use to you.