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BM Property: North Bengaluru is thriving real estate destination

by · Bangalore Mirror

North Bengaluru has emerged as one of the most dynamic and rapidly developing regions in the city’s real estate market. In recent years, it has witnessed significant growth due to strategic infrastructural developments, excellent connectivity, proximity to key employment hubs, and the availability of vast land parcels for development. This combination has made North Bengaluru a preferred destination for homebuyers, investors, and developers alike.

Proximity to airport
“One of the biggest drivers of property growth in North Bengaluru is its proximity to Kempegowda International Airport (KIAL). Located near Devanahalli, the airport has spurred immense infrastructural development in the surrounding areas. With the airport expansion and the development of an aerotropolis, which includes an airport city with commercial and residential projects, the entire region is poised for even more significant growth. Areas like Devanahalli, Hebbal, and Yelahanka have seen substantial development of office spaces, logistics parks, and warehouses, driving demand for both residential and commercial properties,” said Bharat Purohit, a property developer.

Improved connectivity and infrastructure development
Connectivity has played a crucial role in the rapid growth of North Bengaluru’s real estate sector. The area is well-connected to the city via major arterial roads like Bellary Road (NH 44) and Outer Ring Road. The extension of the Namma Metro Phase 2 to the airport, expected to be operational soon, will further boost connectivity, making commuting more convenient for residents and professionals alike. In addition to the metro, the upcoming Peripheral Ring Road (PRR) is expected to link North Bengaluru with the eastern and western parts of the city, reducing travel time and traffic congestion. The planned Satellite Town Ring Road (STRR) is another major infrastructure project that will connect North Bengaluru to key towns like Doddaballapur and Hoskote, enhancing access to the city’s outskirts. These ongoing and upcoming infrastructure projects are expected to push property prices higher as North Bengaluru becomes even more accessible, attracting more real estate development.

Commercial and IT hubs
“North Bengaluru is fast evolving into a major commercial and IT hub, with several tech parks and business districts coming up in the area. The presence of Manyata Tech Park, one of the largest IT parks in the city, has already established Hebbal and Nagawara as thriving employment hubs. This has led to a growing demand for residential properties in the vicinity as professionals working in these tech parks seek housing options close to their workplaces. In addition, new IT and business parks are being developed in and around Devanahalli, including the upcoming Devanahalli Business Park and IT Special Economic Zones (SEZs). Moreover, North Bengaluru offers a wide range of residential options, from affordable apartments to luxury villas and gated communities. Reputed developers have launched several residential projects in the region, catering to different segments of buyers. Areas like Yelahanka, Jakkur, and Devanahalli are home to high-end villas and gated communities that provide world-class amenities such as clubhouses, swimming pools, parks, and security. These integrated townships provide residents with modern amenities and conveniences while being away from the hustle and bustle of the city center,” Purohit added.

Property developers said that the relatively affordable property prices in North Bengaluru have also attracted a growing number of first-time homebuyers and investors looking for properties with high appreciation potential. Renowned schools like Delhi Public School, Ryan International School, and Canadian International School are located in the region, providing high-quality education options for residents. “North Bengaluru is witnessing robust property growth, driven by its proximity to the international airport, enhanced connectivity, and the emergence of commercial and IT hub,” said a property developer.