Q: Have anyone heard about the project Artha Neo which is coming up in Hoskote? If yes please provide me all the information about the project. Any idea how is it in terms of investment and any development planned there?
Artha is one of the fastest growing real estate companies in India and synonymous with building homes and thereby creating wealth for its customers. Artha has quickly changed the face of the realty market in South India and has become a household name in Bangalore and Chennai. As a member of CREDAI Bangalore, Artha has entrenched itself deeply as a company that provides innovative concepts and value for money homes across locations and price segments. Artha has won many accolades and has been conferred the Power Brand status by the prestigious Brand Finance Institute, United Kingdom.
The property price in this area has increased because of the tremendous growth experienced in the last three years. The year-on-year increase of prices is said to be about 30%. The government of Karnataka is having great plans for the area which includes an exclusively designed Special Economic Zone, SEZ, for electronics hardware and IT at Bagur. The Aero IT SEZ is already under development.
Hoskote, an area in Bangalore, holds great promises and expectations. It is about great ambiance, good infrastructure and fantastic connectivity.Recently, the government has inaugurated a BMTC bus depot which was built for Rs 4.70 crore. A new integrated satellite township with proper infrastructure has been put in place. Good road planning has taken a precedent over here. So I think you can expect future appreciation in this area.
The 6-lane super-highway to Chennai starts at Hoskote. It is being developed all the way to Sri Perambudur and that would reduce the travelling time between the two cities considerably. The proposed Satellite Township Ring Road (STRR) covering 284 km will connect Hoskote with important satellite towns around Bangalore. The Intermediate Ring Road (IRR) covering 188 km, also connects Hoskote to the rest of Bangalore. Artha Neo offers premium luxury villas.
Artha is coming up with its new project Artha Neo in Bangalore’s newest boom-belt, Hoskote. The layouts are well developed and the project is well connected to educational institutions. It has awesome connectivity and considering the growth of the industrial sector here, you are assured of an excellent return on investment.
The project has got approved by major banks like ICICI, Indiabulls and PNB. The project has got amenities like Club house, Swimming pool, Gymnasium, Children's play area and Park & open space