Overview :
Situated adjacent to Banaswadi and Ramamurthy Nagar, Horamavu is one of the rapidly developing realty markets in Bangalore. Though still in the early stages of development, this area in the north part of the city boasts of several mains and crosses dividing the roads into neat layouts and colonies. Proximity to the IT hub of Manyata Tech Park has significantly aided realty growth in the area. When compared to its neighborhoods, Horamavu has a huge scope for real estate expansion due to availability of land parcels.
Connectivity :
Horamavu boasts of excellent connectivity and transit systems, aiding its development.
Horamavu Bus Station houses a few bus stops with local BMTC buses taking commuters to major localities within the city such as Majestic, KR Market, Shivaji Nagar, Shanthi Nagar, Koramangala, Whitefield, Electronic City and Bangalore International Airport.
It is located mere 2 km away from the Outer Ring Road (ORR), connecting it to most parts of the city.
While the road network and public transport make Horamavu a conveniently approachable location, what makes it an ideal residential destination is its proximity to the IT hubs of Bangalore, which are hardly 5-10 km away.
For those travelling by train to neighboring towns and cities, the Krishnarajapuram Railway Junction is hardly 3 km away. Most trains make a halt at this station. Bangalore’s main railway station, Bangalore City Junction, is 12 km away, and can be easily reached through auto-rickshaws.
Kempegowda International Airport, albeit 33 km away, is easily accessible via KIA buses which frequent the local bus stops periodically.
Factors for Growth :
The IT boom in the city over the last few decades has led to the resurgence and development of several areas encircling the main city. Horamavu, being no exception, has witnessed an increase in residential projects and civic and social infrastructure, attracting hordes of investors, realtors, developers, retailers, and consumers alike.
Horamavu has already been tapped by several city-based developers. Further, with land parcels available in North Bangalore as compared to the South and East corners, renowned developers are expected to reach out to Horamavu sooner or later, bringing with them better social and civic infrastructure and amenities. This will propel the real estate of this area and will be an impetus to its growth.
In the times to come, the area will also garner significant spill-over demand from neighboring Kalyani Nagar, which has already become unaffordable for denizens.
Infrastructure Developments - Social & Physical :
Being in its early stages of development, Horamavu does not boast of the state-of-art infrastructure. However, there are several options to meet the daily requirements of the residents. Further, its excellent connectivity to other parts of Bangalore adds another feather to its cap.
Major Challenges :
Due to the huge undeveloped land parcels, many residents have spotted snakes slithering about. This poses as a danger to the residents and threatens their safety and peace of mind. Other problems faced in this locale include choked drains and congested roads.
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