Tamil Nadu government's announcement on Hosur airport

The Tamil Nadu government's announcement on 27th Jun 2024 to establish a new Greenfield International Airport in Hosur is expected to have a positive impact on the local real estate market. The proposed airport, which will have a capacity to handle up to 30 million passengers annually, is being developed on a 2,000-acre site.

This major infrastructure project, along with the existing SIPCOT industrial park in Hosur, is likely to drive increased demand for residential and commercial properties in the area. Real estate experts predict that properties along the Bangalore - Hosur Road corridor will benefit from significant appreciation in value due to the improved connectivity and economic activity generated by the airport and SIPCOT.

Furthermore, leading real estate developer Sobha is expected to launch a new plot project in the Hosur region, capitalizing on the growing interest and investment in the area. The availability of well-planned residential plots could further boost the appeal of Hosur as a desirable destination for homebuyers and investors. Find out best new properties to invest at proppulse.ai and keep yourself updated subscribing to us.