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North Bangalore lures investments

Q: What is the growth story of north Bangalore?
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Replies (10)
1
Recently I read somewhere that now East Bangalore is taking over North Bangalore. Is that true?
adil laskar


I do not think so....It seems planning is going on for a new metro route the Nagawara-Kempegowda International Airport which will be 25-km line as part of Phase-III. Another line will runs from Hebbal to Central Silk Board will provide access to all points on the ORR until Hosur Road. There are many infrastructure projects in pipeline.
Sashmita Nair,  Bangalore
18th October 2016


Yeah right Adil, East Bangalore is gaining momentum because of the presence of an established commercial and retail market, proximity to educational institutions. The entry price in this zone is comparatively less than most other zones in the city.
Sagar Prasad,  Bangalore
18th October 2016


2
Market research confirms that the residential market in Hebbal mainly comprise of apartment projects while Yelahanka boasts of both villas and apartment projects. Apartment can be found in the range of Rs 4200- Rs 10000 per sq ft in Hebbal while in Yelahanka the price varies between Rs 3000- Rs 5000 per sq ft. Villas fall in the range Rs 5000- Rs 8000 per sq ft. Both Yelahanka and Hebbal have witnessed capital appreciation of 15-18% per annum and hence fall in the wishlist of the property buyers.
Chetan Hansraj


3
According to Knight and Frank, with the subsequent progress in connectivity and commencement of the airport, the Hebbal-Devanahalli stretch have emerged to be one of the best residential hubs. Yelahanka, Kogilu Cross,Sahakaranagar, Jakkur, Bagalur Cross and Amruthahalli are some of the civic projects, which will benefit the residential localities significantly.
Rameswari


With the onset of some high-profile projects, Thanisandra and Hebbal have again come under the radar of the developers. In addition to such reasons, the Yelahanka-Doddaballapur belt and Hennur road have significantly added to improved connectivity and thus contributed to residential development.
Milind,  Bangalore
28th September 2013


4
What is the impact on the growth of housing units
Priotosh D


Highlighting the peripheral locations of north Bangalore has led to the growth of residential units in the region. In addition to housing units, better connectivity, option of large land parcels, growth potential and lower land cost along with capital appreciation have contributed significantly to the rise in number of options for investors and end-users.
Gajendra V,  Bangalore
28th September 2013


Jignesh Kumar
Though south Bangalore has encountered significant growth, north is comparatively better developed with good roads. With high rental growths, the area seems to be the perfect place for real estate investors to put their money in.

With the inception of the international airport, buyers started anticipating about the looming opportunities in the region and the focus was again shifted on north Bangalore. In addition to it, the area area experienced interest of the corporate houses, government agencies and general public in recent times
Jignesh Kumar,  Bangalore
28th September 2013


5
Turning to be the epicentre of Bangalore, North Bangalore is now one of the preferred choices for developers. Project to improve connectivity and growth of commercial belts will take the residential real estate market of the region one step closer to prosperity. With the international airport at Devanahalli and a host of upcoming infrastructure projects that promises of better accessibility and less time taken on travel is like to add to the dynamics of north Bangalore.
Vivek Kulkarni


According to industry experts, with the completion of few infrastructure projects, namely expansion of the NH-& highway and six-lane elevated expressway, connectivity from north Bangalore, from Hebbal to different parts of the city will become a cakewalk. The residential and commercial growth in the region will get a further boost because of the high-speed rail link, Peripheral Ring Road and the Metro.
Krupa Vasavaraj,  Bangalore
28th September 2013


6
Availability of land at cheaper rates is one of the main reasons behind luxury projects being launched in North Bangalore. he property rates are lower than other central areas in the city. The properties come in the range of Rs 5,000 to Rs 7,000 per sq ft
Milind


7
Rental values will also witness appreciation. The Information Technology Investment Region (ITIR) and Aerospace SEZ planned by the government will provide further impetus to north Bangalore with a growth horizon of 3-5 years
Srinivas Rao


8
The improved infrastructure, developing social infrastructure, planned commercial developments, proximity to the international airport and enhanced connectivity have resulted in north Bangalore grabbing more of the limelight.
Chetan Hansraj


9
This part of the city is slowly showing signs of emerging as the next IT hub. The elevated road over the existing road to the airport is yet to be operational, but once done, it will fast track commuting time.
Gajendra V


10
The key factor for this growth will be infrastructure. When the international airport came to Devanahalli, it brought with it the promise of realty growth for this region.
Rameswari


11

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