Should You Invest in Luxury Apartments in Devanahalli?

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 elegance, complete with rooftop amenities like an infinity pool, banquet hall, gym, and more. Embrace a lifestyle of sophistication amidst Bangalore's dynamic landscape. Schedule your visit today and elevate your living experience.

 

8 Points Before Buying An Apartment In North Bangalore

Having a home is the dream of most people, and no matter where you live, it's important to know what to look for when purchasing an apartment.

North Bangalore, one of the finest suburbs in Bangalore, is a residential paradise with a lot to offer. If you think that a house for yourself and your family is the only need that you have then think again. You will also need to consider various other factors before finalizing your decision to purchase an apartment in North Bangalore.

The Bangalore real estate market is one of the boom in the country right now. With prices on the rise and interest rates at an all-time low, more and more people are looking to purchase property in the city. If you are looking for an apartment in Bangalore, there are a few things you should keep in mind. Here are a few points to consider before making your purchase:

1.Location

The location of your apartment is important. Ideally, you want to be close to public transportation, schools, and shopping. Make sure to check out the neighborhood before committing to an apartment. You want to make sure that it is close to the amenities that you need and want. Is it close to schools, hospitals, and other amenities? Or is it situated in a remote location with limited access to these facilities? Consider your needs and choose accordingly. If you work in the city, you may want to find an apartment that is close to public transportation.

2. Infrastructure

One of the most important factors to consider when purchasing property is the infrastructure of the area. Is it well-developed with good roads, water supply, and electricity? Or is it still under construction with poor connectivity? Make sure to do your research before making a decision.

3. Transportation

Think about the commute. North Bangalore is a bit further from the city center than other parts of the city, so your commute may take a bit longer. If you have to travel during rush hour, it can take even longer. Consider how long it will take you to get to work or school and whether or not you're comfortable with that commute.

4. Safety and Security

When looking for an apartment in North Bangalore, it is important to consider the safety and security of the area. There are a few things to keep in mind when searching for a safe and secure apartment:

·        The neighborhood should be well lit and have security guards or cameras visible.

·        The entrance to the apartment building should be secure with 24/7 manned security.

·        It is also important to check with the local police department to see if there have been any recent reports of crime in the area.

5. Nearby Amenities

When considering an apartment, be sure to check out the amenities that are available nearby. Some of the essential amenities that should be located nearby include:

·        Grocery Stores: For everyday essentials, it is important to have a grocery store located nearby.

·        Hospitals: In case of any medical emergency, it is important to have a hospital located nearby.

·        Police Stations: For safety reasons, it is important to have a police station located nearby in case of any unforeseen circumstance.

6. Parking

If you have a car, you’ll need to find out about parking options. Some apartments come with designated parking spots, while others have street parking only. Make sure you know what kind of parking is available before making your final decision.

7. Maintenance Cost

Be sure to inquire about the maintenance fees associated with the apartment complex before making your final decision. These fees can add up over time so you want to be sure that they are reasonable.

8. Budget

Of course, one of the main considerations when purchasing any property is your budget. North Bangalore has a wide range of options available, so be sure to set a realistic price range before beginning your search.

Conclusion

Bangalore is a rapidly growing city and North Bangalore is one of the most sought-after locations in the city. If you're planning on buying an apartment in North Bangalore, then keep these 8 points in mind before making your purchase. With a little bit of research and due diligence, you can be sure to find the perfect apartment that suits all your needs and requirements.

These are the few points which you need to keep in mind before buying flats in Bangalore. At MVN Aero One you can expect spaciously, naturally lit, and airy apartments in Bangalore. Our track record of delivering quality and comfort results is excellent.