Bangalore, known as the Silicon Valley of India, has witnessed tremendous growth in the real estate sector over the past decade. Among its various regions, North Bangalore has emerged as a hotspot for real estate development, driven by infrastructure growth, connectivity, and affordable prices. In this blog, we’ll explore the factors contributing to North Bangalore’s real estate boom and what the future holds for this thriving region.
Key Drivers of Growth:
- Infrastructure Development: The completion of the Outer Ring Road (ORR) and the upcoming Peripheral Ring Road (PRR) have significantly improved connectivity between North Bangalore and other parts of the city.
- International Airport: The Kempegowda International Airport (KIA), located in Devanahalli, has made North Bangalore an attractive destination for business travelers and expats.
- IT/ITES Hub: The establishment of IT parks and tech companies in areas like Hebbal, Yelahanka, and Devanahalli has created a massive demand for residential and commercial spaces.
- Affordable Prices: Compared to other parts of Bangalore, North Bangalore offers relatively affordable prices for residential and commercial properties.
