North Bengaluru holds immense potential for real estate development, both residential and commercial. The North Bengaluru property market is in high demand due to physical and social infrastructure developments including Elevated Expressway to BIAL, High-Speed Rail Link, and the emergence of innovative commercial hubs which create jobs. With proximity to Bengaluru International Airport as the primary focus, many real estate hubs are emerging in North Bengaluru.
Hebbal is one of the top residential localities in Bengaluru. Currently, this area is an established IT Hub and is expected to grow further. Hebbal has good infrastructure to sustain residential growth. The high-speed rail network along with the metro will further its connectivity. The area is home to several companies and offers easy accessibility through flyovers connecting Outer Ring Road and NH-7. A major benefit for Hebbal is proximity to the airport making it an attractive area for frequent travellers.
Manyata Tech Park
Manyata Tech Park is one of the largest IT parks in Asia and home to global companies including Microsoft, IBM, Mcafee Software, Philips, Hitachi, Cisco Rolls-Royce, Nokia Networks, Intel Tech, Samsung, KPMG, Larsen & Toubro Technology Services, and several others. Manyata Tech Park is an emerging locality in North Bengaluru, due to the presence of a number of companies, its proximity to the international airport and railway station. In addition to its prominence as a commercial hub, it is also known for several flyovers spread across the Outer Ring Road and Bellary Road on NH7.
Devanahalli is next to the international airport, which has been a game-changer for the area. Large scale infrastructure development is anticipated around this stretch that would further improve its potential as an investor’s destination. The area’s close proximity to Airport, proximity to IT parks and 4-lane state highway makes it a lucrative option for investment. Devanahalli boasts various educational institutions and healthcare centres.
Within the vast area of North Bengaluru, Hennur has made its name as a top real estate locality. Located on the Outer Ring Road, Hennur along with the Hennur-Bellary Road (HBR) Layout is among the top destinations in Bengaluru for residential real estate. This is primarily due to its proximity to major tech parks and commercial hubs. Hennur is aptly situated on the ORR and is well connected to other popular destinations of Bengaluru. Hennur also has vast green spaces and lakes giving it the uniqueness of a top residential destination with natural serene surroundings.
Yelahanka is a residential suburb of Bengaluru, originally established as a satellite town of the city. It is emerging as a residential destination for high-end luxury developments. Due to its proximity to IT parks, Yelahanka is witnessing a continued demand for housing. The locality is also home to numerous educational institutions.
Doddabalapur Road, in the northern corridor, has benefited tremendously from the infrastructure facelift given to the roads leading to International Airport. The Information Technology Investment Region, Planned Peripheral Ring Road and Aerospace Park has led to increased demand for residential areas in Doddabalapur Road. This area still has large parcels of open land which attracts many homebuyers and investors.