Emerging Tech Hubs Transforming North Bangalore into a Realty Goldmine

Posted by Newlaunch Property
4
Jan 7, 2025
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North Bangalore in the past was a peaceful neighbourhood but today it has emerged as one of the most popular investment zones in India. The shift of the city’s international airport to Devanahalli signified the start of this process of transformation followed by rapid infrastructure and economic development. Today, North Bangalore has emerged as a vibrant hub for commercial and residential properties, major IT companies and mega infrastructure projects which attracts homebuyers and investors, making it an actual realty goldmine.

 

Strategic Government Policies Driving Development

 

North Bangalore has witnessed phenomenal growth due to the involvement of the Karnataka Government. Development projects including enhanced infrastructure around Aerospace and Defence Park have accelerated economic and real estate development in areas like Devanahalli. This park is strategically located near the international airport which boosts the value of the park as well as creates employment for professionals.

 

Moreover, other initiatives such as the Knowledge, Healthcare, Innovation, and Research (KHIR) City are expected to redesign the region’s future map. The KHIR City will create about 80,000 jobs once it gets operational, ensuring the region succeeds economically and socially which increases the demand for residential properties.

 

Tech Industry Expansion Shaping Realty Trends

 

Infosys, SAP Labs and Boeing are among those companies that are establishing large campuses in Devanahalli. The arrival of more MNCs such as Apple‘s manufacturing partner, Foxconn, also brings out the economic aspect of the region. The upcoming plant of Foxconn which will be set with a total investment of ₹5,700 crore is likely to create employment opportunities for 50,000 persons. Moreover, the Aero SEZ and investments from aviation and defence players are transforming Devanahalli into an industrial mega hub.

 

This growth is not limited to Devanahalli only but it has covered the nearby areas also. Other parts of the city including Bagalur, Yelahanka, Hebbal and Jakkur also experience rapid commercialization.  For example, Phillips has set up its Innovation Campus in Yelahanka and the Aerotropolis by BIAL brings investment to Bagalur. Due to its peaceful atmosphere and close proximity to companies like Shell, Hebbal continues to be a prime residential destination for the residents of Bangalore.

 

Connectivity: The Cornerstone of Growth

 

Perhaps the most significant factor for change in North Bangalore's attribute has been its connectivity. The ongoing Bengaluru Suburban Railway Project (BSRP) coupled with Namma Metro Phase 2B connects to different parts of the city. Also, there is an increase in the new arterial road connectivity and the proposed Hyderabad-Bangalore High-Speed Rail Corridor will further improve commuting efficiency. These infrastructural establishments have brought the future value of North Bangalore that homebuyers and investors would wish to tap into.

 

Premium Living in Emerging Micro-Markets

 

While North Bangalore is gradually developing into a tech and industrial hub, the demand for residential properties has fumed up. The region offers various housing options. Whether people are looking for elegant apartments in gated communities or ultra-luxurious villas, they will get everything. For instance, Kalyani Living Tree, a premium residential development of exclusively designed homes located at Bagalur, represents the growth of North Bangalore. It provides a perfect combination of luxury and eco-friendly concepts. Kalyani Living Tree consists of beautifully designed expansive apartments equipped with all necessary amenities which makes it an ideal choice for both working people and families with children.

 

A Magnet for NRI and HNI Investments

 

The thriving tech ecosystem and upcoming SEZs have also made North Bangalore a preferred destination for Non-Resident Indians (NRIs) and High Net Worth Individuals (HNIs). According to recent reports, 40% of NRI investments in Bangalore’s real estate are directed towards North Bangalore. The promise of high returns on investment, combined with the availability of premium residential projects like Kalyani Living Tree, has driven this trend.

 

A Promising Future for North Bangalore

 

The progression of North Bangalore as a technology and industrial area has led to new opportunities for real estate. Due to its well-developed infrastructure, excellent connectivity and increasing trend in the number of multinational businesses setting their base in the region, it remains a preferred destination for homebuyers and investors. As North Bangalore evolves, it remains a promising goldmine for those seeking to invest in the future of real estate.

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