North Bangalore has emerged as a hotspot for real estate investment, fueled by robust infrastructure development, proximity to Kempegowda International Airport, and the region’s status as a burgeoning commercial and industrial hub. With residential projects like Birla Trimaya, Tata Carnatica, and Brigade Orchards, North Bangalore offers significant appreciation potential for homebuyers and investors. This guide explores the factors driving real estate appreciation in North Bangalore and highlights why this region is a lucrative choice for property investment.
The real estate market in North Bangalore is heavily influenced by its ongoing and planned infrastructure projects, which include:
● Bangalore Metro Phase 2B: Connecting KR Puram to Kempegowda International Airport, this metro extension significantly reduces commute times and enhances connectivity
● Impact on Real Estate: Proximity to these infrastructure upgrades increases the appeal of residential projects like Birla Trimaya in Devanahalli and Tata Carnatica in Shettigere, driving demand and appreciation.
● Peripheral Ring Road (PRR): This upcoming project links major highways, easing traffic congestion and improving accessibility.
● Satellite Town Ring Road (STRR): Designed to connect surrounding towns to North Bangalore, STRR fosters suburban growth and mobility.
The Kempegowda International Airport (KIA) serves as a major economic and connectivity driver for North Bangalore. Its presence has spurred growth in sectors like hospitality, logistics, and commercial real estate, which, in turn, fuels demand for residential properties.
● Impact on Real Estate: Properties close to the airport, such as Brigade Orchards and Birla Trimaya, benefit from increased buyer interest and rental demand, ensuring consistent appreciation.
North Bangalore hosts several industrial zones and IT parks, including:
● ● KIADB Aerospace SEZ: A hub for aerospace and defense industries.
● ● IT Investment Region (ITIR): Expected to generate thousands of jobs, boosting demand for housing.
● Manyata Tech Park Extension: Expanding one of Bangalore’s largest IT parks.
● ● Impact on Real Estate: The demand for housing close to employment hubs has led to significant appreciation in projects like Godrej Royale Woods and Purva Aerocity, which cater to the growing professional population.
Integrated townships that combine residential, commercial, and recreational spaces are gaining popularity in North Bangalore. These developments provide a self-sufficient lifestyle, reducing the need for residents to travel long distances for work, education, or leisure.
● Impact on Real Estate: Projects like Birla Trimaya and Brigade Orchards are setting new benchmarks for integrated living, driving appreciation due to their convenience and premium offerings.
North Bangalore has consistently outperformed other regions in terms of property appreciation. Factors contributing to this growth include:
● Initial Affordability: Compared to established areas like Whitefield and Koramangala, properties in North Bangalore are more affordable, making them attractive for first-time buyers and investors.
● Ongoing Development: Infrastructure projects like the metro and PRR ensure sustained growth and rising property values.
● Example: A property in Devanahalli or Shettigere, purchased at ₹5,000 per sq. ft. a few years ago, could now be valued at ₹7,000-₹8,000 per sq. ft., with further appreciation expected as projects near completion.
Unlike the crowded and congested city center, North Bangalore offers a serene and eco-friendly environment. Developers in the region prioritize sustainability, incorporating features like rainwater harvesting, green rooftops, and landscaped gardens.
● Impact on Real Estate: Projects like Assetz Earth & Essence and Birla Trimaya emphasize green living, attracting buyers seeking a healthier and more tranquil lifestyle. This focus on sustainability also adds long-term value to properties
The proximity of North Bangalore to the airport, employment hubs, and educational institutions makes it a rental hotspot. Professionals, students, and expatriates often seek rental properties in this region, ensuring consistent demand and attractive yields.
● Impact on Real Estate: Investors in projects like Tata Carnatica and Prestige Finsbury Park can benefit from steady rental income, further enhancing the appeal of properties in North Bangalore.
North Bangalore’s growth potential is unmatched, thanks to its combination of infrastructure, employment opportunities, and lifestyle amenities. Key reasons to invest include:
● Strategic Location: Proximity to the airport, major highways, and metro lines ensures connectivity and convenience
● Future Growth: Ongoing and planned developments promise long-term appreciation.
● Diverse Options: The region offers a range of properties, from luxury apartments to plotted developments, catering to various budgets and preferences.
North Bangalore is a thriving real estate market that offers significant appreciation potential for homebuyers and investors. With landmark projects like Birla Trimaya, Tata Carnatica, and Brigade Orchards, the region is redefining urban living and investment opportunities. Whether you’re looking for a home that combines luxury and connectivity or an investment that promises high returns, North Bangalore is the place to be. As the region continues to evolve, now is the perfect time to secure your stake in its promising real estate market.