Hebbal is emerging as one of the most sought-after office destinations in Bangalore. With the availability of operational office space of approximately 14.4 million sq. ft. encompassing a radius 5 – 6 kms, it is a preferred micro-market in the region.
One of the key factors promoting Hebbal as an office destination is its well-established infrastructure. With a 6-lane elevated corridor linking Hebbal to the International Airport, it has not only enhanced connectivity but also created tremendous real estate opportunities in the northern region.
Hebbal boasts of several iconic office projects featuring Grade A workspaces. Situated on the Hebbal ORR, Manyata Tech Park is said to be one of the largest operational IT parks in the city. Other notable office projects include Kirloskar Business Park, Brigade Magnum and Bhartiya City. Rentals are observed to be competitive and are quoted in the range of INR 68-78/sq. ft. per month for Grade A properties and INR 50-65/sq. ft. per month for Grade B properties.
Hebbal also enjoys good social infrastructure as it lies in proximity to some of the top schools in Bangalore, such as Vidya Niketan, Vidya Shilp, Mallya Aditi International School, Delhi Public School and Canadian International, to name a few. The presence of multi-specialty hospitals such as Columbia Asia and Aster CMI have also enhanced the location value of Hebbal considerably.
Meanwhile, the residential sector in the region is not far behind and has come into limelight post commencement of the Kempegowda International Airport. The subsequent improved connectivity led to Hebbal becoming a preferred location with both developers and buyers alike. The region today boasts of large residential condominiums launched by several prominent developers.
Thus, in essence, Hebbal holds immense potential to become a leading office micro-market in the city, ably supported by its strategic advantages. It is expected that the region, before long, would become the cynosure of all major office space occupiers, and transform into a busy hub of office transactions in the near future.