Why Yelahanka, Bangalore is a Prime Investment Location?
Are you planning to invest in Bangalore and looking for a perfect locality that is developing and has potential growth in the future? If yes then it can be Yelahanka.
Yelahanka, in the northern part of Bangalore, is considered one of the attractive real estate destinations for investment. There are so many developing localities in Bangalore that are witnessing huge social and infrastructural development and Yelahanka is one of them. With all the developments in the IT and commercial sector, this locality has opened up several employment opportunities in and out of Yelahanka.
Yelahanka has also benefited because of its easy connectivity with the airport (Kempegowda International Airport). Also, the commercial developments on Outer Ring Road (ORR) are making this area a good destination for real estate investment. People are making investments in plots, flats, luxurious villas, lands, and also in commercial spaces.
Let’s read out why you should invest in Yelahanka, Bangalore in 2024-2025:
Reasons to invest in real estate in Yelahanka, Bangalore
Yelahanka is a developing area in Bangalore that has it all. From a modern lifestyle to excellent social infrastructure and a well-connected Yelahanka market, you will get everything making it one of Bangalore’s most alluring investment options.
Robust connectivity to the city’s other parts
Yelahanka has strategic and robust connectivity to other destinations via well-built roads and highways. Those who prefer public transportation can use BMTC buses that are available to commute affordably. However, there’s no direct Yelahanka to Whitefield metro but an individual will find several public transportation to reach Whitefield from Yelahanka.
A few major points about the Yelahanka location’s connectivity are:
KempeGowda International Airport | Just 17 km away via NH-44 |
---|---|
Yelahanka Junction Railway Station | Bangalore-Kolar Line of the South Western Zone – just around 2 km |
Major roads and highways | Major roads such as Bellary Road, Kogilu Main Road, and NH-44 are within a 15-minute distance |
Nearby Railway stations | Yeshwanthpur, Krishnaraja Puram |
Yelahanka to Whitefield distance | 33 kms via hoskote road |
Self-sufficient social infrastructure
Yelahanka is featured with multiple social amenities making it a pleasant experience for residents every single day. The social infrastructural development is helping Yelahanka to evolve into the top localities in North Bangalore.
Social infrastructural amenities in and around Yelahanka which will be within 6-7 km of Yelahanka:
Educational institutes | Healthcare facilities | Recreational centers |
---|---|---|
Delhi Public School | Omega Multispeciality Hospital | Garuda Mall |
Ryan International School | Navachethana Hospital | The Galleria Mall |
Canadian International School | Deeksha Orthopaedic Hospital | Kurlappa Shopping Complex |
Brindavan College | Phoenix Mall Of Asia | |
NITTE School of Management |
A boost in the property prices in Yelahanka
In North Bangalore, Yelahanka is a residential suburb that has several flats, villas, and apartments in affordable ranges. If we talk about the average property price in Yelahanka then it is between Rs 6,900 to Rs 7,200 per sq ft.
2 BHK and 3 BHK flats are the most popular housing options in Yelahanka that people prefer for rental as well as buying.
- A 2 BHK flat in Yelahanka can range from Rs 35 to 70 lakh
- A 3 BHK unit ranges from Rs 72.7 lakh to Rs 2.5 crore
Yelahanka locality has witnessed a huge appreciation in property prices in the last 4 to 5 years.
Let’s understand this with the given table:
Average price | Last 1 year | Last 3 years | Last 5 years |
---|---|---|---|
Rs 7,200 per sq ft | 7% | 28-30% | 40% |
High rental demand in Yelahanka
The rental demand in Yelahanka is profitable for investors as this area is situated near the Manyata Tech Park and Hebbal Tech Park. Also, it is connected to other parts of Bangalore via NH-44.
Some of the stations of the metro near Yelahanka are Jalahalli, Peenya, and Yeshwantpur Industry Metro Station. Thus, everyday commuting from work is easy for the residents living here. People working in the Yeshwanthpur Industrial Area also prefer living in rentals as it is about 18 km away via Bellary Road.
People are preferring this location because the rental rates in Yelahanka are lower compared to various top localities.
- Average rental rate of 2 BHK in Yelahanka- Rs 14,000 to Rs 40,000
- Average rental rate of 3 BHK in Yelahanka- Rs 16,000- Rs 80,000
Why does investing in Yelahanka offer better investment returns?
Easy access from Yelahanka to Bangalore airport is one of the main reasons for investing and Yelahanka’s popularity. This area in Bangalore is surely an investment hotspot in Northern Bangalore owing to its connectivity via NH-44 and SH-9. The investors also get various options for investing such as luxurious independent houses & villas and world-class amenities packed apartments.
We can see the presence of big residential projects by top developers in Yelahanka. Some of them include Godrej Properties, Sattva Group, Sobha, and Vista Spaces.
Some major highlights of this locality are:
Some major ongoing and upcoming infrastructural developments in Yelahanka are also fueling the rise in demand for residential property investment. These developments are:
- The upcoming project of the Peripheral Ring Road will connect Yelahanka to other parts of the city. This will also reduce the traffic congestion in Yelahanka and nearby areas.
- Phase 2B of Namma Metro is under construction that will connect Yelahanka to KR Puram and Airport.
- The proposed project of the Bangalore Suburban Railway Corridor will also benefit the residents of the area. It will connect Yelahanka to Devanahalli locality and KSR Bengaluru City.
- The Hyderabad-Bangalore High-Speed Rail Corridor is also a proposed project that has increased the demand for real estate in Yelahanka.
The residents of Yelahanka are giving good reviews and nearby North Bangalore hospital reviews. People who are living here in rentals or have bought homes are satisfied with the good public transport, and easy access to reputed educational institutes and hospitals.
Conclusion
The strategic location, emerging IT Parks, and infrastructural developments are making Yelahanka a good real estate investment hub. Also, so many affordable properties and plots present Yelahanka as a compelling investment locality. People working in nearby localities must grab the opportunity to invest in Yelahanka’s thriving real estate market. So, the answer is yes you should think about investing in Yelahanka in 2024 – 2025.