Real Estate Trends in Devanahalli

Devanahalli, in the picturesque and idyllic settings of Nandi Hills, is located 40 km away from Bangalore to its north. This location was chosen for the international airport, the development of which ushered in the rapid growth of the area. Following the establishment of the airport came the development of Devanahalli Business Park and other tech parks in the locality.

Today, the locality is also seeing the development of a Science Park, an Aerospace Park, and a Financial City here. Devanahalli is the location of the 12,000-acre BIAL IT Investment Region, which will be the largest IT region in India. Several other large tech parks in the vicinity have also contributed to the locality becoming a prominent employment hub.

All these commercial projects around Devanahalli have been instrumental in bringing in large numbers of new residents to the area. There is also excellent connectivity to the city via Bellary Road, and more physical infrastructure development is in the works. All these factors have pushed up the demand for real estate in and around Devanahalli, with several projects coming up.

The residential real estate growth of Devanahalli has been fuelled by the rapidly developing social infrastructure amenities of the neighborhood. The locality has numerous educational institutions of high repute, world-class healthcare organizations, luxurious hotels and restaurants, and glitzy shopping areas. These factors lure homebuyers who flock to the area, and the trend today is toward self-sufficient residential townships.

Investors interested in buying property in the Devanahalli area are being lured by luxurious, new-age, sustainable, and holistic residential projects. These projects blend commercial and residential development, providing every facility that the resident requires within the premises. Devanahalli today is a sought-after real estate investment destination in Bangalore, one that promises to continue to grow and develop.

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