Why Investing in Devanahalli Makes Sense: Bengaluru's Rising Industrial and IT Hub?
Devanahalli is a prominent locality located in North Bangalore that is famous for being home to the Kempegowda Airport. The locality is one of the safest areas of Bangalore. It is home to several lavish residential projects by top builders, proximity to IT hubs, and excellent connectivity. The area is a top IT and industrial hub of the city and is expected to rise more in the future. Living and investing in the area offers a high-end living experience and makes it easy for buyers to invest.
Reasons why investing in Devanahalli makes sense as it is Bangalore's rising industrial and IT hub:
The area has excellent connectivity through all modes of transit and is served by major linking roads like NH-07. Its transit facility is improved by the availability of BMTC buses to all the areas of the city. This also reduces traveling time and cost. The blue metro line has made it easy for the commuter to reach any part of the city easily. It is famous for being home to KIAB. It is only 14 Km away from the locality. People living in top residential projects in the area can easily travel anywhere by these facilities.
The locale is home to many top schools, malls, hospitals, and hotels. As many top housing ventures are in the area, the features have also improved. The locality has old to new malls, shops, and parks for all age groups to enjpu. Housing ventures are developed near facilities to make it easy for residents to get anything.
Devanahalli Bangalore is the best place to live as it has over 100 housing options. These include plots, villas, houses, and apartments. The units are ready for sale and for rent. Buyers and tenants can find the most luxurious to basic housing options in the area. These are crafted by the best builders like Puravanakara Ltd. The townships also have premium amenities to give a new-age lifestyle. One of the upcoming projects is Purva Aerocity in the area.
The locality has a promising investment return if a buyer invests here. In the year 2024, the property prices were Rs. 7450/sq. ft., and in 2025 the rate is Rs. 8765/sq. ft. The rise in the value of property shows that in the future, the prices will increase. There will be a hike of 10-15% in the realty market of Devanahalli. The city has seen a 4% hike in the rental yield as well to suit buyers in all ways.
The area is one of the fastest-developing IT and industrial hubs, as it boasts many prime IT firms. The Aerospace SEZ is in the area of enhancing its employment range. There are many startups as well in the area to give easy job scopes. It is a vibrant area best suited for housing options and people working in the firms nestled in the Aerospace SEZ.
Purva Aerocity is a marvelous residential project coming up in Chikkajala, North Bangalore. It is spread across 7 acres and features 300 elegant apartments. It offers spacious 2, 3, and 3.5 BHK luxury homes, ranging from 1200 sq. ft. to 2100 sq. ft. The starting price for these futuristic apartments is Rs. 1.72 Cr. The venture is still in the pre-launch stage and will be launched in 2025. It will be completed and given for possession in 2029. This stylish well-reviewed project will be the best housing option. It has applied for all the necessary approvals including RERA.
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