Infrastructure development has always boosted real estate which is especially apparent in North Bengaluru. Proximity to the airport and ring road, metro connectivity, flyovers, and large infrastructure projects are helping North Bengaluru attract new residential and commercial developments in big volumes.
The fast growing Devanahalli, Yelahanka, Hebbal, Banaswadi, and Thanisandra Road areas and relatively low prices, proximity to all the leading places, to the airport and ring road, metro connectivity and flyovers have transformed North Bengaluru into a luxury and most sought after destination for living. Since the area is witnessing huge commercial and infrastructure developments, owning a home in the North Bengaluru is a wise decision.
Reasons why North Bengaluru stands out from the rest:
- Wide and very good road connectivity to North Bengaluru from Hebbal/ORR: Hebbal to IVC Road and telecom layouts near the airport can be reached in 35 minutes. Traveling from Nelamangala area has become easier through the Outer Ring Road (ORR) plus NH 207, which makes the journey easier to Devanahalli. Access to the city has become easy via Bellary Road.
- Multiple options for properties: Good open space (CA area), big roads, and rainwater harvesting facility can be found in Telecom Layout phase-2. Telecom Layout phase-3 has similar facilities as phase-2. Near to the airport, Sobha Canvas and Sobha landscape are well-maintained, gated community layouts. Another similar luxurious layout, Orchid Nirvana is available for only 60% of Sobha plots. You can find many other layouts from the Airport Road to the Telecom Layout Road on IVC Road. Just after the Thindlu Junction (where IVC Road meets Telecom Layout Road), MaxWorth Layout is there on the IVC Road. This layout has a lake close by adequate water.
- SR Developers are offering residential lands of 1,200 sq. ft. area for a price range of INR 11.1 lacs to 12.41 lacs in their new project SR Gardens in the Yelahanka area of Bengaluru. Yelahanka is one of the best localities that offer affordable property options with a prime location. Fifteen kilometers north of the city and 20 kilometers away from the airport, makes Yelahanka an ideal destination for real estate investments. Amenities offered by them, such as play area, rain-water harvesting, etc., are on par with international standards. JS Group is offering 1,200 – 2,400 sq. ft. area land for a price range of INR 40.67 lacs to 79.6 lacs in their JS Lake Mist project. Their amenities, such as gym, paved compound, etc., meet the requirements of property buyers. Investors have a range of options to choose from residential apartments, independent houses, and lands. Prices vary based on locations.
- Manyata Tech Park, SEZs, such as Apparel Park, Aero Parks, and the Devanahalli IT Park hold immense potential to generate large-scale employment opportunities. These projects may not only result in an escalation of the price of properties but also may ensure significant returns in the future.
- Infrastructure Development: The Karnataka Industrial Areas Development Board (KIADB) is developing Devanahalli Industrial Area in 3,000 acres, comprising Hardware Park, an Aerospace Park, and IT Park near the airport. These projects will lead to price appreciation of properties.
- Kempegowda International Airport: Located 4 kilometer south of Devanahalli is one of the busiest airports across the nation with an annual traffic of over 18 million. The airport which has approximately 600 acres saved for landside growth has accelerated commercial, residential, physical and social infrastructure development activities, thereby helping North Bangalore re-christen itself as the New Bangalore.
North Bengaluru not only offers comfort in terms of a luxurious living but promises fair returns on your investment in coming times when the area converts into one of the poshest and prime locations of Bengaluru.
Ankita Aggrawal is a business architect in real estate industry. She has 5 years of experience and she has got knowledge about various real estate projects including commercial properties,Residential properties,bunglows, Villas near yehalanka bangalore.