Why is North Bangalore Worth Investing in Real Estate
North Bangalore is the new property hub in Bangalore, topping the city's real estate chart. The zone is viewed as a focal location for home buyers and investors. The region was a quiet and peaceful precinct until early 2007. However, the relocation of Bangalore's Airport to Devanahalli quickly changed the outline of this zone.
North Bangalore swiftly found its top spot in the city's luxe club of the real estate market. Top realty firms launched many new projects. Today, the area offers latitudinal choices for investors across all housing market sectors. From luxury to affordable homes, the area features housing units with varied sizes and price choices in all realms.
The region is becoming a hotspot for residential, commercial real estate and social hotpot, with upcoming developments, strategic government initiatives, and significant connectivity projects in the pipeline.
Benefits of investing in North Bangalore
- Fastest Growing Zone: The region is undoubtedly a fast-growing city zone. It has emerged as the top haven for various business and commercial investments. The presence of the Airport here has boosted the growth of this region. The KIADB area is spread over over 12,000 acres and houses many industries, from defence research to aerospace and IT firms. It also reserves vast acreages for housing projects.
- Employment hubs: The zone already houses Manyata Tech Park, one of the largest IT and Tech parks in the city. The Devanahalli Business Park and Aerospace SEZ include multiple Tech Parks and Work hubs. These hubs have opened doors to myriad job opportunities and are drawing professionals from all over the world. Due to this zone's rising population, the housing project market is in huge demand.
- Location and Connectivity: North Bangalore is rapidly rising as a vibrant region, seamlessly linked to major commercial and residential zones through highways like Outer Ring Road, Bellary Road, New Airport Road, and Tumkur Road. This interconnectedness and proximity to the influential Bengaluru Mumbai and Chennai Bengaluru industrial corridors paints a promising picture for future development and investment opportunities. This strategic positioning has made it a sought-after destination for real estate investment.
- Pricing and Growth: North Bangalore includes prime residential and business locales like Hebbal, Yelahanka, Devanahalli, and Bagalur Road. The availability of developable land in these locales is attracting top firms to invest. Many large township projects with good pricing are coming to this zone. Given the growth rate of this zone, property rates are likely to appreciate quickly.
- Myriad Housing Choices: The region offers multiple housing options to investors. There are luxury projects, affordable ventures, and mixed-development projects that offer diversified investment choices. These projects feature flats, studio apartments, plots, villa homes, and row houses. The units are of various sizes and fall in various price ranges. The zone has homes for every buyer across various budget groups.
The surge in commercial growth has led to a considerable rise in demand for residential plots and apartments. Some emerging investment destinations in North Bangalore include Hebbal, Devanahalli, Vidhyaranyapura, Yelahanka, Thanisandra, Jakkur, HRBR Layout and Hennur. These areas offer exceptional housing projects to fulfil every homebuyer's wish, from affordable projects to luxury dwellings.
Birla Trimaya
A high-end housing enclave, Birla Trimaya, is in Devanahalli, North Bangalore, at BK Halli Road. It is an elite project by Birla Estates Private Limited. The enclave is on 53 acres and will have 3000 homes. The project's first phase will see the construction of 600 units. The other homes will be built in the following stages.
There are villas and apartments in Birla Trimaya. The floor plan includes 1, 2, and 3-BHK options. The apartments are from 650 to 1550 square feet. The enclave's villas span an area of 3000 square feet. These homes have all the facilities you anticipate from a high-end property. The villas will have their gardens and more room and privacy.
These elite homes at Birla Trimaya are available at reasonable prices based on the area's price trends. Birla Trimaya prices range between Rs. 45 lakhs and Rs. 1.2 crore, and the villas are Rs. 2.2 crore. The project is pending RERA approval and is slated to be completed by 2027.
