Bangalore is one of the fastest developing cities in India. The city is home to people from various parts of the country making it more diverse in culture. Bangalore is providing a livelihood to many people thus, people tend to choose this part of South India to settle down in as there is no lack of employment or other resources in the city. With the increase in population, many reputed educational institutions, hospitals, shopping areas, and other leisure spots have. As the city is growing bigger in terms of its infrastructure, the need for residential localities is also increasing. People invest in a locality that provides the best facilities for their lifestyle.
Devanahalli in Bangalore is one such location that you must consider if you want to invest in the city. Devanahalli has played a vital role in the growth of the real estate market in North Bangalore. It is the fastest expanding locality with huge developments happening and the price will also be increasing with that. Before investing in any locality certain parameters must be considered. Some of the factors which make Devanahalli a suitable place for investment are as follows. Prestige Park Grove in Whitefield is a good opportunity to invest in properties in Bangalore with great ROI.
Devanahalli is a rapidly developing suburb in the North of Bangalore. It is situated 40 km from urban Bangalore. Devanahalli has emerged as a satellite township that hosts excellent properties from reputed builders and is a promising location for potential investors. The locality is around 17 Km from Kempegowda International Airport and the area is surrounded by numerous IT parks. Devanahalli is a hub for several development projects as it is a commercial as well as a residential hub. The locality is well developed with various social and physical infrastructure which is easily accessible. Compared to other parts of Bangalore, the traffic in this area is comparatively low.
Situated in the North of Bangalore, Devanahalli belongs to the suburbs of the city. But this place is highly developed and offers all the social and civic amenities that are required for a family. The locality hosts a well-developed social infrastructure that includes reputed educational institutions, hospitals, banks, and retail outlets.
The major reputed educational institutions present at Devanahalli are NPS School, Delhi Public School, Akash International School, Canadian International School, Orchids the International School, Oxford English School, Sterling International School, Carmel English School, Shanthinikethan Public School, Chinmayee Public School and many more. The higher educational facility available at Devanahalli is Sri Krishna ITI College, Govt PU School, Akash Medical College, Akash Group of Institutions, and many more.
The health care facility available at Devanahalli is from Leena General Hospital, Akash Hospital, Cyte Care Cancer Hospital, New Manasa Hospital, and many more.
Many employment hubs are easily accessible from Devanahalli. Some of the larger projects are already underway here, such as IT Investment Region (ITIR) and Aerospace SEZ. The major companies established in the aerospace SEZ are BEML, Dynamic, and Centum Electronics. Popular IT companies such as TCS, Infosys, and Wipro are expected to establish a base at ITIR Devanahalli.
Devanahalli has excellent connectivity to the major prime locations in the city. It has easy accessibility to the city center through NH – 7 which has been expanded to a 6-lane highway and makes its connectivity with Hebbal easy, providing better and more efficient traffic. Whitefield which is located at the other end of the city could be reached within one hour from the location. Devanahalli is also connected by rail to the major hubs of Yeshwantpur and Bangalore City. One of the most exciting features of Devanahalli is that it is home to the Kempegowda International Airport which is the third busiest airport in the country. Living just a short drive away from the airport will benefit the usual flyers. The Namma Metro Airport link will be a game changer as it will directly connect Devanahalli to the shopping and entertainment district of MG Road which is located in the heart of the city.
Benefits of Investing in Devanahalli
One of the fastest developing areas in Bangalore, Devanahalli is rich in well-developed social infrastructure and has good connectivity. The locality also hosts various reputed schools, hospitals, and many more. Many builders and developers have their projects running throughout this place thus many residential properties are available. The land appreciation value at Devanahalli is also increasing with the excellent infrastructure developing in the city. Many properties are available in every budget across Devanahalli.