Devanahalli, a suburban area in north
Bangalore, is experiencing a significant surge in real estate development due
to its proximity to international airports. This locality has become one of
Bangalore's most desirable residential and commercial areas. Devanahalli boasts
a well-established social infrastructure, including parks, schools, and
hospitals, which further enhances its appeal to potential homebuyers.
When compared to nearby Bangalore suburbs,
Devanahalli offers more affordable property and rental options. It is more
budget-friendly than localities like Yelahanka and Kogilu. Flats and apartments in Devanahalli
are available for sale within the price range of ₹38.8 Lac to ₹1.19 Cr,
offering 1-5 BHK room options.
Are you considering investing in
Devanahalli real estate? Here are a few key reasons that make it an attractive
destination for real estate investment.
1.
Superb Connectivity
When considering buying a home in a
specific area, one of the primary concerns for any buyer is its connectivity.
Devanahalli excels in this regard, situated just 15 km from Bangalore
International Airport, making it a sought-after destination for frequent
travelers and businesspersons alike.
·
The Bangalore Metro Rail
Project is underway, which will connect Devanahalli seamlessly with the rest of
the city. This project stands as a significant infrastructural development
currently unfolding in the region.
·
Devanahalli is attracting
substantial real estate investments from the IT and aerospace sectors.
Developments such as the Devanahalli Business Park and Aerospace Park are not
only enhancing the area's infrastructure but also creating numerous employment
opportunities.
·
Further bolstering its
connectivity, the ongoing Peripheral Ring Road project promises to facilitate
easier daily commuting to and from Devanahalli.
·
With its strategic proximity to
Nandi Hills, Devanahalli has emerged as a pivotal hub for real estate
investments, offering both connectivity and scenic charm.
2.
Emerging Hub of Employment
With its burgeoning corporate and IT
infrastructure, Devanahalli is fast becoming a focal point for employment
opportunities. The locality, situated just 40 kilometers from the city center,
has witnessed a surge in residential relocations owing to its proximity to
various tech parks, business hubs, and IT establishments.
Noteworthy tech parks such as TCS, Infosys,
and Wipro are slated to set up operations in Devanahalli, promising further
economic growth, employment prospects, and increased investments in real
estate. The area is also home to prominent corporate and IT hubs including
Kirloskar Business Park, Centum Electronics, Hardware Tech Park, Aerospace SEZ,
and Information Technology Investment Region.
The concentration of IT companies in
Devanahalli has spurred interest in residential properties such as houses,
flats, and villas nearby. Additionally, ongoing developments like the upcoming
financial city and science park are anticipated to attract more professionals
and investors, thereby fueling the area's growth trajectory.
3.
Social and Retail Amenities in Devanahalli, Bangalore
Devanahalli in Bangalore is undergoing
significant infrastructural growth, attracting numerous real estate developers
who recognize its potential as a prime investment destination. The area boasts
excellent educational institutions, healthcare facilities, and a variety of
upscale hotels, restaurants, cafes, and entertainment venues. These amenities
contribute significantly to the rising demand for real estate in Devanahalli,
making it an attractive location for purchasing 2 BHK apartments in
Devanahalli.
4.
Upcoming Infrastructure Development in Devanahalli, Bangalore
Devanahalli, Bangalore, is set to undergo
significant development with several upcoming projects that promise to enhance
the area's growth.
·
The Integrated Township and
Industrial Region (ITIR) in Devanahalli, covering 12,000 acres, is currently
under construction.
·
The upcoming Devanahalli metro
will integrate with the Namma Metro Network, facilitating easier travel to the
airport and central Bangalore.
·
Leading IT companies like
Infosys, Wipro, and TCS are poised to establish their presence within the
Devanahalli ITIR, further bolstering its commercial appeal.
5.
Future of Real Estate Market in Devanahalli,
Bangalore
The real estate market in Devanahalli has
experienced substantial growth in recent years, driven by a rising demand for
both residential and commercial properties. Compared to other developing areas
in Bangalore, land prices in Devanahalli remain relatively affordable,
presenting a significant opportunity for real estate developers to undertake
large-scale projects.
One of the key factors contributing to
Devanahalli's real estate boom is its proximity to Kempegowda International
Airport, which has stimulated local economic growth and commercial activities.
According to industry experts, residential property prices in Devanahalli have
appreciated by approximately 10% over the past few years, underscoring a robust
growth trajectory in the real estate sector.
Conclusion
Bangalore's Devanahalli presents a
compelling opportunity for long-term real estate investments due to its
exceptional living standards and robust connectivity infrastructure. This
locality is increasingly sought after by both investors and homebuyers, driven
by its significant potential for real estate growth. With its strategic
location and ongoing development projects, Devanahalli stands out as a
promising hub for those looking to capitalize on Bangalore's expanding real
estate market.
Are you searching for luxury apartments in
Devanahalli? Experience unparalleled luxury at MVN Aero One in
Devanahalli. Discover exquisite living spaces designed for comfort and
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