/newsfirstprime/media/agency_attachments/2025/07/28/2025-07-28t111554609z-2025-07-23t100810984z-newsfirst_prime_640-siddesh-kumar-h-p-1-2025-07-23-15-38-10-2025-07-28-16-45-54.webp)
Follow Us
/newsfirstprime/media/post_attachments/wp-content/uploads/2024/12/Property-Rates.jpg)
- Rise of the Startup Hub: Bengaluru’s HSR Layout has transformed into a key startup hub, driving significant demand for both residential and commercial spaces. Once a quiet residential area, the neighborhood’s proximity to Electronic City, Sarjapur Road, and the Outer Ring Road has made it a prime location for tech professionals and entrepreneurs. As more startups establish their offices here, rental demand has escalated, leading to a rise in rent prices.
Also Read: BMTC introduces four new feeder bus services for Namma Metro commuters
- Increasing Demand for Prime Locations: With real estate values rising in well-established areas like Indiranagar and Koramangala, professionals and startup founders have increasingly turned to HSR Layout. The area offers a quieter, more affordable alternative with good connectivity, green spaces, and a cosmopolitan vibe. This influx of residents and businesses has pushed up rental costs, making it one of the most sought-after localities in south-eastern Bengaluru.
- Development of Commercial Spaces: The commercial real estate market in HSR Layout has flourished in recent years. As several startups moved to the area, office spaces began to crop up in clusters, particularly along the busy 27th Main. This development has made HSR Layout a key commercial hub, driving up both office and residential rental rates. The growing number of businesses and high demand for space has contributed to a sharp increase in rental prices.
- Proximity to IT Parks and SEZs: HSR Layout’s strategic location near major IT parks and Special Economic Zones (SEZs) has made it a desirable place for working professionals. The ease of access to these economic zones, combined with the locality’s modern infrastructure, has attracted tenants, further raising rent prices due to increased competition for available housing.
- Luxury and Co-living Options: The area’s diverse housing options, including luxury apartments and co-living spaces, have attracted both young professionals and families. Co-living companies like Zolo and Nestaway have set up operations here, adding to the appeal of the area. As demand for these types of accommodations increases, the overall cost of living has risen, pushing rental prices upward.
Advertisment
