The current capital values of apartments available in North Bangalore vary from Rs 3,000-7,000 per sq ft depending upon location and facilities they provide. It is expected that the values will increase in near future owing to its proximity to the IT growth corridor and other upcoming SEZ projects.
Improving infrastructure such as construction of metro and mono rail has played a major role in uplifting localities of North Bangalore. The proposed high-speed rail link, the Hebbal-Yelahanka expressway and the elevated expressway to airport are the other attributes which is going to impact the realty sector.
Areas seeing maximum demand-supply in North Bangalore are Benson Town, HBR Layout, Hebbal, Hennur Road, Banasvadi, Frazer Town, Sahakar Nagar and RT Nagar. These locations were among the highest transacted localities of Bangalore and henceforth recorded significant appreciation in values during the year 2012
From past couple of years North Bangalore has emerged as a key residential hub of the city. Housing maximum number of residential units, it is one of the favourite residential options for end-users, investors and non-resident Indians.
Bangalore North is where you can see real growth in future as South is already filled. With Manyata Tech Park and Inernational Airport in vicinity the area should appreciate