Why Devanahalli is the Best Choice for Investing in Real Estate

Devanahalli is located 40 kilometres to the north east of Bangalore city. This town, which was once a quiet and laidback municipality in Bangalore rural district is one of the fastest growing areas of the city today. The neighbourhood saw an extremely rapid commercial and residential real estate growth with the development of the Kempegowda International Airport 5 kilometres from the town. The 12,000-acre BIAL investment region falls in this area and there are also a number of IT parks coming up here, heralding the emergence of Devanahalli as one of the new IT hubs of the city. Located here are the Hardware Tech Park, International Tech Park, and the Aero SEZ. With the proposed development of a financial city and a science park in the neighbourhood, this area is only set to develop further and more rapidly. All of these factors have attracted a large influx of new residents into the area, all looking to establish their residences close to their workspaces. This has led to a rapid growth in the residential real estate of the neighbourhood. Currently one of the real estate hotspots of Bangalore city, Devanahalli is the best choice for investing in real estate owing to the sheer proximity to the upcoming work spaces. There is also excellent connectivity to the city via the well-developed Bellary road and with Devanahalli being part of the phase 2 of the metro project, this connectivity is only set to improve in leaps and bounds. Every major player of the real estate industry has set up projects here, leaving the buyer spoilt for choice. In terms of infrastructure too, this area has extremely sound social infrastructure that is growing on an almost overnight basis, making Devanahalli a much sought-after destination for real estate investors, and this trend only seems likely to grow as time passes.

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