Why is investing in North Bangalore worth?

North Bangalore is the new property hub of Bangalore that is topping the real estate chart of the city. The zone is viewed as a focal location for home buyers and investors. The region was a quiet and hushed precinct until early 2007. But the relocation of Bangalore’s Airport to Devanahalli quickly changed the outline of this zone.

North Bangalore swiftly found its top spot in the luxe club of the real estate market of the city. Many new projects were launched by top realty firms. Today, the area offers latitudinal choices for investors across all sectors of the housing market. From luxury to affordable homes, the area features housing units in all realms with varied sizes and price choices.

Now let’s understand why investing in North Bangalore is worth the investment.

Fastest Growing Zone: The region is undoubtedly a fast-growing zone of the city. 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 spreads over more than 12,000 acres and houses many industries, from Defence research to Aerospace to IT firms. It also reserves vast acreages for housing projects.

The zone already houses Manyata Tech Park, one of the biggest 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. The market for housing projects is in huge demand due to the rising populace in this zone.

As per leading Property Experts and Analysts, by the year 2027, North Bangalore is expected to take up 30% of the city's total office space. These office helms are expected to create more than 4 Lakh jobs in this zone. The expansion will increase the demand for residential sites. The rental needs too will be on the rise.

Top-class social infrastructure: The area has rapidly developed well-laid micro markets that include all essential civic and social amenities. There are good schools, colleges, leisure hubs, hospitals, and other civic comforts within the ambit of this zone.

A few of the top schools in the locality are:

• DPS
• Jain Heritage
• Rashtrothana
• NPS
• Euro Kids
• Kidzee

Few of the well-equipped hospitals in the locality include,

• Columbia Asia
• Aster CMI
• Akash

Top leisure hubs include

• Esteem Mall
• Decathlon

Sports & Recreation Spots include,

• Tiger 5
• X Arena

There are several nature spots that could be visited in this zone, like,

• Nandi Hills
• Lumbini Garden

Good Accessibility: Commuting to and from North Bangalore is quite seamless and hassle-free. The region is brilliantly connected by good roads and flyovers. BMTC buses frequently ply, aiding easy and cheap transport access. The upcoming Metro rail line will further aid in quick and swift commuting. NH 44, Bellary Road, and ORR are the main routes that link this region to various localities of the city.

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 localities is attracting top firms to invest in these locales. Many large township projects with good pricing are coming in this zone. The property rates are likely to appreciate quickly, looking at the growth rate of this zone.

Myriad Housing Choices: The region offers multiple housing options to investors. There are luxury projects, affordable ventures, and mixed development projects which offer diversified choices for investments. These projects feature flats, studio apartments, plots, villa homes, and row houses. The units are of various size forms and fall in various price scopes. The zone has homes for every buyer across various budget groups.

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 in the area 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 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 are equipped with all the facilities you would anticipate from a high-end property. The villas will have their own gardens and more room and privacy.

These elite homes at Birla Trimaya are available at reasonable prices, which are based on the area's price trends. The Birla Trimaya prices are between Rs. 45 lakhs to 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.