Why Investing in Devanahalli Makes Sense: Bengaluru's Rising Industrial and IT Hub

Renowned as the Silicon Valley of India, Bengaluru stands tall as a prime employment centre, boasting a plethora of IT companies and burgeoning startups. Its magnetic pull attracts professionals both nationally and internationally. To accommodate this influx, the city’s boundaries are gradually expanding, giving rise to new suburbs. Among these, North Bengaluru emerges as a promising growth zone.

Investing in Devanahalli Bangalore

Devanahalli, nestled in North Bengaluru, has swiftly emerged as a real estate hotspot, thanks to the presence of the Kempegowda International Airport. Formerly renowned as Tipu Sultan’s birthplace, it has transitioned into an industrial and technological hub. Now, let’s delve into the enticing factors drawing homebuyers to Devanahalli.

Locating and Connecting Facilities

Devanahalli, conveniently connected via NH-7 or Bellary Road, now widened to a 6-lane highway, ensures smooth traffic flow to major city centers. Bengaluru Metropolitan Transport Corporation (BMTC) operates regular bus services, catering to the increasing demand for public transit. Proximity to major transport hubs facilitates easy accessibility. Boasting an international-standard airport, Devanahalli ranks as the nation’s second busiest, offering flights to various domestic and international destinations. Additionally, the town enjoys robust rail links to Bengaluru City and neighbouring Yelahanka, further enhancing its connectivity.

Social Facilities

Devanahalli flourishes with a robust social infrastructure, encompassing essential amenities such as schools, hospitals, and recreational spots. Renowned educational institutions like NPS School, Delhi Public School, Akash International School, and Canadian International School cater to the educational needs of the residents. For healthcare, options include Leena Multispecialty Hospital, Akash Hospital, and Cyte care Cancer Hospital. Additionally, the locality offers convenience with a D-Mart outlet and various convenience stores. Noteworthy tourist attractions like the Devanahalli fort and numerous temples add to its charm, making it a favoured destination among visitors.

Continual Development of Infrastructure

Anticipated infrastructure enhancements will significantly enhance Devanahalli’s multi-modal transport connections. As an integral part of Phase 2 of the Namma Metro network expansion, the neighbourhood will soon enjoy direct links to both the airport and central Bengaluru. Furthermore, the proposed Peripheral Ring Road (PRR), alongside existing routes like NICE and ORR, will further bolster connectivity, seamlessly integrating Devanahalli with Bengaluru’s outer regions and vital arteries such as Bellary Road and the OMR, ensuring smoother access to the city’s core.

IT and Industrial Hub

Devanahalli stands out among Bengaluru’s suburbs for its notable affordability in land prices, sparking significant infrastructural and real estate growth. Key projects like the Aerospace SEZ and the IT Investment Region [ITIR] are already operational, attracting a wave of employment opportunities. Notable corporations such as Thyssenkrupp Aviation, BEML, Dynamatic, and Centum Electronics have established their presence within the Aerospace SEZ. This strategic positioning underscores Devanahalli’s emergence as a promising hub for both business and residential development, fostering economic prosperity and urban expansion.

Price Trends

Exploring the vibrant real estate market of Devanahalli reveals intriguing price trends. With prices ranging from Rs 5,499 to Rs 15,656 per square foot, the market showcases a dynamic range. The average price stands at Rs 10,577 per square foot, reflecting a significant spectrum of affordability. Notably, there has been a notable increase of 14.4% in prices, indicating the area’s growth and desirability among property seekers. These trends signify Devanahalli’s emergence as a lucrative real estate destination.

Leading Developers of Devanahalli

Sattva Group

Salarpuria Sattva emerges as a leading force in the ever-expanding realm of construction within the real estate sector. Upholding unwavering commitment to excellence, every Salarpuria Sattva project exemplifies the epitome of quality craftsmanship. Since its inception in 1986, the group has relentlessly pursued the goal of becoming a household name by prioritizing the delivery of top-notch living spaces. With a portfolio boasting 67 meticulously crafted projects, Salarpuria Sattva stands as a testament to unparalleled dedication. Bolstered by a seasoned team of architects and designers, they stay abreast of the latest trends, ensuring innovative and contemporary designs. Clients are not merely patrons but partners, as the company endeavours to guide them through property-related decisions, always striving for their utmost satisfaction. Aspiring to reign supreme in India’s real estate landscape, Salarpuria Sattva envisions itself as the premier developer, setting the benchmark for excellence.

Brigade Enterprises Ltd.

The developer, established in 1986, has forged strong alliances with leading architects, master planners, builders, suppliers, and consultants, ensuring a collaborative approach towards excellence. With a track record of 109 projects, Brigade Group stands out for its adeptness in integrating cutting-edge technologies into property construction. Embracing innovations like internal pre-cast technology, the company remains ahead of the curve. Adhering to strict deadlines and international standards, Brigade Group consistently delivers high-quality outcomes. Moreover, its online payment monitoring gateway and home reservation platform enhance user convenience, showcasing a commitment to superior customer experiences. This holistic approach distinguishes Brigade Group as a frontrunner in the real estate industry.

Birla Group

Birla Group Private Limited, a wholly-owned subsidiary of Century Textiles and Industries Limited, a flagship Company of the B. K. Birla Group, boasts a robust presence in various sectors such as cement, rayon yarn, textiles, pulp & paper, salt, and chemicals, among others, with a staggering revenue of over Rs. 8000 crore. With a strategic vision, Birla Estates aims to capitalize on its land parcels by developing them internally and exploring joint ventures or strategic tie-ups in prime urban centres, signalling its commitment to expansion and innovation.

Birla Group is dedicated to upholding impeccable environmental standards, prioritizing health and environmental preservation amid escalating operational levels. Acknowledging our duty to foster a greener, healthier environment, our environmental management endeavours transcend mere adherence to legal mandates. We actively strive for sustainable practices, ensuring a legacy of eco-conscious operations.

Puravankara Limited

Puravankara Limited, headquartered in Bengaluru, India, has established itself as a leading and trustworthy player in the real estate sector. With roots dating back to 1975, the company boasts an illustrious history of crafting high-quality residences, consistently delivering projects on time, and prioritizing transparency throughout its 48-year journey. In response to shifting consumer preferences, the company introduced the Purva Land brand in 2021, focusing on plotted development to meet the diverse needs of homebuyers and provide an attractive investment option. Additionally, through its wholly-owned subsidiary, Starworth Infrastructure and Construction Limited (SICL), Puravankara emphasizes technology-driven construction solutions. Furthermore, Puravankara maintains a strong presence in commercial office spaces, solidifying its position as a comprehensive real estate entity dedicated to excellence and innovation.

Purva Aerocity

Purva Aerocity, situated in Devanahalli, Bangalore, offers unit types ranging from 2 to 3 BHK. Strategically located in Chikkajala, Bengaluru, it promises convenient access to key amenities. The possession date is set for 2028 onwards*, ensuring ample time for prospective homeowners to plan and invest wisely.

Nestled in the tranquil neighbourhood of Chikkajala, Bangalore, Purva Aerocity stands tall as an epitome of luxury living crafted by the renowned Purvankara Group. This residential marvel offers a serene ambiance coupled with unparalleled access to modern amenities. Despite its strategic location, it seamlessly integrates with nature, providing residents with a peaceful retreat. With its proximity to key infrastructures like schools, colleges, and entertainment hubs, Purva Aerocity ensures a convenient and lavish lifestyle for all its inhabitants.