Real Estate in Devanahalli

Located at a distance of 40 kilometres from the city of Bangalore is Devanahalli, a municipality in the Bangalore rural district. This hitherto laidback town was catapulted into the limelight with the development of the Kempegowda International Airport at a distance of 5 kilometres from the town. The subsequent influx of personnel working in the air terminus sparked a real estate boom in the town and this was further fuelled by the development of the Devanahalli Business Park and two other IT parks in the vicinity. The IT industry was quick to recognise the potential of North Bangalore as an area of investment and these initial IT parks were followed by the development of several private IT parks and now the 12,000-acre BIAL Investment Region has been established here and the development of a financial city, a science park, and an aerospace park are currently underway. With a large number of new residents looking to moving into the neighbourhood in order to be closer to their places of work, the real estate of Devanahalli and surrounding localities has seen a meteoric rise in the recent past. Another stimulus to the development of real estate in this neighbourhood has been the excellent connectivity and accessibility via the six-lane Bellary road. The proposed new satellite ring road connecting Devanahalli to Doddaballapur has also further propelled the growth of real estate higher. Also, the civic and social infrastructure of the neighbourhood is steadily growing and progressing and there are multiple reputed educational institutions and world-class healthcare facilities in the area. Devanahalli is today high on the real estate investment destinations of the city and rightly so. The smooth and easy accessibility to workspaces, connectivity to the city as well as to the international airport, superb infrastructure and also accessibility to numerous hotels, restaurants, and shopping areas all add to the allure of Devanahalli as a real estate destination.

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