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meenakunte hosur bangalore

Pincode: 562157

Situated in: channapatna

Meenakunte Hosur Bangalore Location Map

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State: Karnataka

District: bangalore

Total Area: 1.9 km²

Population: 14525

Population Density: 7598

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About Meenakunte Hosur, bangalore

Meenakunte Hosur is a promising locality situated in North Bangalore, Karnataka. Meenakunte Hosur PIN code is 562157. This rapidly developing area is strategically located near popular neighborhoods like Chikkajala (4.02 km), Hunasamaranahalli (7.63 km), and Bagalur (11.13 km). Its proximity to these established areas makes Meenakunte Hosur an attractive option for those seeking a balance between suburban tranquility and urban convenience. The Meenakunte Hosur, Bangalore real estate market is gaining traction due to its potential for growth and development.

The locality attracts a diverse mix of residents, including young professionals, families, and retirees. The lifestyle in Meenakunte Hosur is characterized by a blend of modern amenities and a peaceful environment. Residents enjoy a slower pace of life compared to the bustling city center, with ample green spaces and a strong sense of community. The culture in the area is a vibrant mix of traditional values and contemporary outlook, reflecting the progressive nature of Bangalore while maintaining its roots.

Physical Infrastructure of Meenakunte Hosur 

The Meenakunte Hosur map reveals excellent connectivity to major parts of Bangalore. The area benefits from its proximity to Bellary Road, a key arterial route that connects it to the city center and beyond. While there is no metro station directly in Meenakunte Hosur, the expanding Bangalore Metro network is gradually reaching nearby areas. The nearest railway station is Devanahalli Station, located 10.9 km away, providing convenient access to rail transportation. A significant advantage is the closeness to Kempegowda International Airport Halt, just 6.9 km away, making it an ideal location for frequent flyers and those working in airport-related industries.

Social and Retail Infrastructure of Meenakunte Hosur 

Meenakunte Hosur infrastructure is developing rapidly to cater to the growing population. In terms of education, the area boasts quality institutions like New Bengaluru Public School and Oxford English School. For higher education, Akash Global College of Management & Science and M. S. Engineering College are notable options nearby. Healthcare needs are well-addressed with Trust Aid Hospital & Pharmacy and Mother Theresa Hospital in the vicinity. While major malls are still developing in the immediate area, residents can enjoy shopping at The Galleria Mall, which is accessible from Meenakunte Hosur. As the locality continues to grow, more social and retail infrastructure is expected to emerge, further enhancing the quality of life for its residents.

Real Estate Market Trends and Rental Demand in Meenakunte Hosur 

The real estate market in Meenakunte Hosur has been growing steadily over the past few years. Property rates for residential units have increased by over 15-20% in the last year due to rising demand. It is attributed to the continued infrastructure development, like the upcoming Metro line and proposed Outer Ring Road, which has significantly improved connectivity. Average Meenakunte Hosur Property rates are ₹4500 sq. ft. On the rental side, the demand for leased apartments and villas has also risen by 10-12% annually, owing to the proximity to I.T./business hubs and social infrastructure like schools, hospitals, and malls. Current rentals are between 6000- 10500 per month. Both investors and end-users are looking at this location favorably in anticipation of further infrastructure projects. Brokers expect the market to remain bullish with stable capital appreciation and rentals in the short to medium term.

Top Employment Hubs near Meenakunte Hosur 

As one of the significant real estate hotspots of Bengaluru, Meenakunte Hosur is located close to some of the top employment hubs of the city. Some of the top employment hubs near Meenakunte Hosur are-

  • Aarnav business park- 2.2 Km
  • KIADB Hardware Park- 8.7 Km
  • Bhartiya Centre of Information Technology- 15.8 Km

Famous Sub-Localities / Colonies / Areas near Meenakunte Hosur 

Being an expansive locality, Meenakunte Hosur encompasses several growing sub-areas and colonies within its limits. These sub-localities have established their own identity while benefiting from overall Meenakunte Hosur development. Some of the famous areas near Meenakunte Hosur are-

  • Chikkajala
  • Hunasamaranahalli
  • Bagalur
  • Kattigenahalli

Things to Do in Meenakunte Hosur 

  • Lumbini Gardens is a must-visit. Spread across 50 lush acres, its sprawling lawns and woodland trails make for the perfect respite from city life. Take peaceful walks and feel closer to nature.
  • Nearby Nandi Hills guarantees magnificent views - the vibrant sunset will not be missed. Frame that picture-perfect moment from its highest point.
  • Animal lovers can soak in the sights of exotic wildlife any day at Bannerghatta National Park. You may spot playful elephant calves or stealthy big cats in their natural habitat. The park is truly a one-of-a-kind retreat.
  • Thrill-seekers will be thrilled by Wonderla water rides and rollercoasters. Let loose with friends at this exciting amusement park.
  • Forum Mall and Mantri Square have it all for leisurely shopping under one roof. Browse top brands, savor international cuisines, and catch the latest movie releases.
  • Sports fanatics should catch live matches at renowned stadiums like Karnataka State Cricket Association - the atmosphere is electrifying!

What is Good about Meenakunte Hosur?

  • Several housing and commercial projects have come up recently along the peripheral roads.
  • Connected via Hosur Road and the upcoming metro rail corridor.
  • Proximity to vital I.T./industrial hubs like Electronics City and Hosur.
  • Social infrastructure like schools, hospitals, and malls are becoming more accessible.
  • It is a pleasant locale with abundant green cover and fresh air.

What is not Good about Meenakunte Hosur?

  • Traffic congestion during peak hours on main roads requires resolution.
  • Internal roads and street lights in newly added areas need upgrading.
  • Public transportation options can be expanded for better connectivity.
  • More recreational parks and open spaces are desirable.
  • The availability of quality supermarkets and convenience stores is limited.
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FAQs

What are the payment plans available for buying property?

Most developers offer 10-20% booking amount and balance payable in installments over 2-3 years for under-construction properties. For resale properties, a complete payment or a 20-30% down payment followed by a home loan is expected. Some may allow possession-linked payment plans as well. Buyers must thoroughly check the terms of the builder before booking.

How is the rental yield in Meenakunte Hosur?

The average gross rental yield ranges from 2-3% of the total property cost. Premium independent floors/villas near critical roads and amenities may fetch slightly higher rents. Localities like Kundalahalli Konasandra see good tenant demand from professionals working in nearby I.T. parks, with yearly appreciation also boosting returns for landlords.

What is the process to get home loans for buying property here?

Central banks provide home loans at around 8-9% competitive interest rates for properties in Meenakunte Hosur. One must submit documents like income proof, address proof, property papers, etc, for loan eligibility checking and approval.

Which are the top builders currently active in Meenakunte Hosur?

Some prominent developers with ongoing/upcoming projects in the area are Adarsh Group, Raheja Developers, Sobha Group, Puravankara, BSR Group, and RDB Realty. They offer configurations like 2-3 BHK apartments, villas, and plots across budget segments. Buyers must check reviews, track records, and approvals before finalizing with any builder.