Bangalore International Airport was established at a distance of 5 kilometers from the town of Devanahalli in North Bangalore. The development of this air terminus brought a massive influx of new job opportunities and new residents into the area. As happens worldwide, setting up an international airport changes the character of the locality, thrusting it into the limelight.
Devanahalli also saw a change in character, and this area began to see real estate growth, both commercial and residential. Several large corporates have set up their offices here, and the locality has the presence of numerous prominent tech parks. This has given rise to more job opportunities in the area, which has attracted even larger numbers of new residents.
The steady influx of a working populace into the area has triggered a boom in the residential real estate market. Home investors view the locality favorably due to the high value of property appreciation and reasonable rental rates. The neighborhood around the international airport is currently one of the most sought-after residential real estate investment destinations in Bangalore.
The attractiveness of this locality has been recognized by real estate developers who have moved in with their residential projects. There are also vast tracts of land available for sale, which are being snapped up by the real estate developers. Residential enclaves are being developed today to suit the needs of every buyer in terms of space and budget.
These residential apartment enclaves around Bangalore International Airport are attracting potential homebuyers due to the prime location and developing infrastructure. Residing in this locality is ideal for individuals employed in the area, cutting down the stress of the daily commute. The picturesque surroundings, green areas, fresh pollution-free air, and tranquillity significantly add to the allure of residing in this neighborhood.
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