North Bengaluru: A Thriving Real Estate Hub in Bengaluru
With the relocation of the airport from HAL to Devanahalli, North Bengaluru has emerged as a booming real estate hotspot, attracting both residential and commercial investors.
Real EstateNorth BengaluruProperty DevelopmentInfrastructureCommercial InvestmentReal Estate NewsJan 11, 2025
This once overlooked area is now one of the most sought-after regions for residential and commercial investments.
The rapid transformation can be attributed to several key factors, including improved infrastructure, the presence of tech hubs, strategic connectivity, and future developments like the upcoming second airport.
A major catalyst for this boom is the strategic location of North Bengaluru.
The area is well-connected to key business districts like Hebbal, Yelahanka, and the upcoming Aerospace Park, which is rapidly becoming a prominent industrial zone.
North Bengaluru’s proximity to the Kempegowda International Airport, one of India’s busiest, has significantly driven commercial real estate demand.
The airport’s continuous expansion has fostered increased business activity in the surrounding areas.
Ravi Kumar, a real estate investor based in North Bengaluru, commented, “The development of this region is exceptional, especially with the airport expansion and the construction of the outer ring road, making it an easy commute to other parts of the city.
A few years ago, the area was not even on the radar for investors, but now it is witnessing a boom in residential and commercial property sales.
The construction of the Namma Metro’s North Extension Line, which will connect areas like Hebbal and Yelahanka to the city centre, is expected to boost connectivity and reduce travel time to other parts of Bengaluru.
This project, along with other major road upgrades and the proposed Peripheral Ring Road, is expected to enhance connectivity and further cement North Bengaluru’s place as a hub for business and residential growth.”
Another significant factor contributing to the real estate boom in North Bengaluru is the rapid growth of the IT and technology sectors in the region.
The presence of tech parks and commercial spaces, along with upcoming developments in the Aerospace Park, has created a large demand for housing and office spaces.
North Bengaluru is now home to some of the most prominent multinational companies, attracting a workforce eager to live close to their workplaces.
“North Bengaluru has evolved into a prime business location.
We are seeing a consistent demand for office spaces and high-end residential projects due to the presence of global companies in the region.
This is pushing property prices upward and driving development at an unprecedented pace.
The government’s focus on promoting infrastructure and industrial growth in the region has further spurred development,” Kumar added.
Overall, North Bengaluru’s real estate market is experiencing a surge, making it an attractive destination for property buyers, investors, and developers.
Frequently Asked Questions
What factors are driving the real estate boom in North Bengaluru?
The real estate boom in North Bengaluru is driven by improved infrastructure, the presence of tech hubs, strategic connectivity, and the proximity to the Kempegowda International Airport. The airport’s expansion and the construction of the outer ring road have made the area highly accessible.
How has the relocation of the airport affected North Bengaluru?
The relocation of the airport from HAL to Devanahalli has significantly boosted the real estate market in North Bengaluru. The area has become more attractive for residential and commercial investments due to improved connectivity and increased business activity.
What are some upcoming developments in North Bengaluru?
Upcoming developments in North Bengaluru include the construction of the Namma Metro’s North Extension Line, major road upgrades, and the proposed Peripheral Ring Road. These projects are expected to enhance connectivity and further drive the region’s growth.
Why is the Aerospace Park important for North Bengaluru?
The Aerospace Park is rapidly becoming a prominent industrial zone in North Bengaluru. Its development is creating a large demand for both residential and commercial properties as it attracts multinational companies and a skilled workforce.
How is the government supporting real estate development in North Bengaluru?
The government is focusing on promoting infrastructure and industrial growth in North Bengaluru. This includes initiatives to improve connectivity, develop tech parks, and attract global companies, all of which are driving the real estate market forward.
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