Not too long back, if people were asked to stay in the north of Bangalore, they would have scoffed at the idea. Now, they will happily lap up any of the flats or villas in north Bangalore. This is a clear indication of how things have turned around for the better in a part of town which was considered the outskirts before but has now become one of the realty hotspots of Bangalore- the topmost real estate destination in India.
North Bangalore gained a lot from the development of the nearby airport which definitely added to the popularity of this side of town. The overall infrastructure also improved immensely as compared to before and suddenly connectivity to other major parts of Bangalore was not as cumbersome as before. It soon became a place which was pushing towards getting all the correct things to become a self-sustaining neighbourhood. The localities mentioned below are some of the most popular and in demand areas of north Bangalore.
Devanahalli-This is one locality which probably benefited the most because of the construction of the Kempegowda International Airport. Given its advantageous location, it was bound to get a lot of attention from the reputed builders and developers in Bangalore who lost no time in constructing some of the best independent bungalows in Bangalore as well as other types of residential accommodation. Once the area started getting saturated, the nearby areas benefitted as well due to the spill over effect as a result of high demand for residential and commercial space. Boeing has also confirmed (by the end of 2017) that they will set up a 41.7 acre facility in the Aerospace Park in Devanahalli. The villa projects near Devanahalli Bangalore are considered to be among the finest this city has to offer.
Yelahanka- What was originally touted to be a satellite township has now become one of the best markets for real estate in north Bangalore. One of its biggest reasons for flourishing was the fact that it is located in close proximity to some of the IT parks and that triggered a real estate push in Yelahanka.It is also located very close to the airport and is one of the reasons why villas in Yelahanka are widely sought after. These are also amongst the best villas near Bangalore airport.Wide roads and abundance of greenery are amongst the other popular reasons why people choose to stay in Yelahanka.
Hebbal- It is probably the big daddy out of the real estate hotspots not just in north Bangalore but across the entire city as well. It was previously considered to be a top locality for livestock varieties and hybrid farm produce. Now, it is one of the most rock solid investment options as far as real estate is concerned and controls about 49% of the market share in the northern parts of the city. Some of the best gated villas in north Bangalore are located close to Hebbal. The overall infrastructure with it array of shops, restaurants, schools, colleges, malls and hospitals, amongst others, make it the perfect place to call home.
Hennur- One of the biggest advantages of staying in this locality is the fact that one gets to stay not too far away from both the airport as well as the key CBD. Despite such a valuable location, property prices still do not reflect the levels that it could command based on what it has on offer. The prices are not expected to remain around these levels for too long since there is a lot of infrastructural development happening. Proximity to the prestigious ManyataTech Park also elevates the status of Hennur as one of the best residential locations in north Bangalore.
Thanisandra-This locality has risen in prominence over a relatively short period of time. Currently, it is earmarked as one of the top real estate destinations across the entire city of Bangalore- whether as an investment or to reside in. While the going rates were around Rs 4800/sq ft in 2015, it is expected to touchRs7450/sqft by 2020. To add to this, there has been a massive infrastructural overhaul which has led to the formation of a well developed neighbourhood. It also serves as an alternate gateway to/from the airport and the major hubs of the city.
As can be seen, all the above mentioned localities have a huge range of advantages with price probably being the biggest out of them. For anyone looking to buy villas in north Bangalore, it is better to get one now before the price elevates further.