About Price Trends
The north zone of Bangalore has seen a great rise in value of real estate in the near past and currently features high on the list of real estate destinations of the city. Until recently a quiet and laidback municipality on the outskirts of the city, Devanahalli shot to prominence when the international airport was developed here. The establishment of several IT and business parks in the area followed closely on the heels of the airport and Devanahalli began to see rapid growth and development. There are currently a multibillion-dollar business park and two major IT parks under development adjacent to the airport. Also, located close to Devanahalli is a 12,000-acre BIAL IT investment area, which will be India’s largest IT region. In terms of physical infrastructure too, North Bangalore has rapidly progressed in the recent past and there are more and more infrastructure projects being launched. Some of these include the phase 2 of the metro project, connecting Bangalore to the international airport and the new satellite ring road that will connect Devanahalli to Doddaballapur. The social infrastructure of the locality has also developed with numerous healthcare facilities, educational institutions, restaurants, hotels, and shopping areas being developed here. All this development has led to increased interest of investors in residential real estate in this locality as more and more new residents are looking at moving here. This premier real estate destination is the location for Vaishnavi Life, a premium plotted development that is being launched by the Vaishnavi Group. Spread across a sprawling 45 acres and with plots of varying configurations, the prices of plots at this township are yet to be revealed; however, are expected to be competitive. Also adding to the value of plots at this elegant township is the quality of development of the project and the world-class amenities that will be provided here. Investing early in the prelaunch stages of the project will be of benefit as the prices after launch are set to increase significantly.
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