Realty Growth in North Bangalore

Q: Will it be a good option to invest in North Bangalore or should I investment somewhere else?

Daksh, Bangalore

2nd February 2014

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As per the research done by Quikrhomes, in the first three quarters of 2016, North Bangalore recorded the new launch supply of about 7,160 units. Interestingly, in Q3 2016, out of the total 5,845 new unit supply in Bangalore, nearly 945 were in North Bangalore.

Arunabha Gupta, Bangalore

6th December 2016

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Can you also share the top micro markets in North Bangalore that are witnessing growth in terms of real estate?

Robin, Bangalore

6th December 2016

As per Quikrhomes data, Top three micro markets in North Bangalore are Hennur Main Road, Thanisandra Main Road and Vidyaranyapura. You can read the whole article here http://www.quikr.com/homes/blog/is-north-bangalore-stealing-the-realty-show+2479

Arunabha Gupta, Bangalore

6th December 2016

I am planning to invest ion North Bangalore and I have short listed IVC Road for invest. Please help me with some feedbacks

Kunal,

15th December 2015

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IVC Road has attracted a lot of luxury living options. In this locality the price of villas ranging from Rs 1.75 to Rs 10crores. There are lot of affordable housing coming up in and around this locality by reputed developers.There are 2 and 3 bhk apartments which are being sold with the price bracket of Rs 40 lakhs up to Rs 80 lakhs. The stretch from Yelahanka till Nandi Hills holds immense potential and is a good investment opportunity

Mriganka Sharma, Bangalore

15th December 2015

How about the land price in Doddabalapur Road and Hebbal to Devanahalli stretch?? Any possibility of property price going up...

Tej Sharma, Bangalore

28th January 2015

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Doddabalapur Road and Hebbal to Devanahalli stretch offer huge land parcels for residential and commercial development and the cost of land is comparatively less. But the land prices are expected to soar in near future.

Mriganka Sharma, Bangalore

28th January 2015

In North Bangalore, which are the localities where we can get affordable plots which will fetch me good returns.

Ankur Laal Podder, Bangalore

28th January 2015

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In North Bangalore there are many localities offering affordable plots which have potential to give significant returns in future. The localities are Doddabalapur Road, Devanahalli, Babu Sahibpalya, jakkur, Thanisandra, Nagarbhavi, Hennur etc.

Jignesh Kumar, Bangalore

28th January 2015

North Bangalore holding utmost importance and is witnessing heavy investments for both residential and commercial properties as the northern part is undergoing a fabulous infrastructure development. Soon North Bangalore will turn into a Greater Bangalore. Presence of Bangalore International Airport, proposed IT development in Devanahalli, proximity to various IT parks and MNC companies, social and physical infrastructure development has transformed north Bangalore as a bustling business corridor.

Mriganka Sharma, Bangalore

28th January 2015

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It is expected that the real estate market in the North Bangalore will grow in the coming future. With an increased demand affordable projects are expected to increase in its capital value.

Amarnath, Bangalore

8th October 2014

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I have invested in North Bangalore and I am happy so I will say that it is better to go with North Bangalore. The key benefits for residential catchments because of such infrastructure projects is improved connectivity. To add to it, investors can ensured of better price appreciation in a short span of time.

According to property consultants, capital appreciation in the region ranges between 15-18 percent annually. Rental returns will boost up when economic activity grows in terms of industries and office spaces

Himani,

9th October 2014

Which are localities mostly preferred by the home buyers in North Bangalore?

Krupa Vasavaraj, Bangalore

8th October 2014

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Areas preferred by home buyers are Devanahalli, Banaswadi, Hennur Road, Doddabalapur Road, Peenya and Thanisandra Road are witnessing a high scale real estate development in the North Zone and attracting many reputed developers to launch their new affordable projects.

Jignesh Kumar, Bangalore

8th October 2014

Unlike east Bangalore, north Bangalore targets the mixed segment of buyers that includes-affordable, middle class and luxury category.

Riding on the back of infrastructure developments and availability of large land parcels, the area has witnessed an average annual price appreciation of 11%-18%.

With more than 14000 units available as on H1 2013, the micro-market boasts of good average annual rentals of 4%-7%. Class A apartments are available within the price bracket Rs 3800-Rs 11500 per sq ft in the region.

The Yelahanka-Doddaballapur Road has witnessed a number of new launches in the last 12 months. Furthermore, Devanahalli continues to experience development of premium projects that fall in the price range Rs 2.5crore-Rs 5 crore.

Jignesh Kumar, Bangalore

2nd February 2014

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Launches of affordable housing are more compared to East Bangalore because of the development happening in the north zone suburbs due to availability of land parcels at lower acquisition costs

Hardik, Bangalore

8th October 2014

In comparison to North, the benefits of East Bangalore cannot go unnoticed. The Bangalore Metro Phase 1 and the proposed 15.5 km metro rail for phase-II will immensely aid the working professionals of the region to opt for a sprawling enclave in the lush vicinity of East Bangalore.

With a host of reputed hospitals and international schools, Bangalore east has created a niche for itself. The Peripheral Ring Road that connects all the major highways (Hosur road to Tumkur road via Bellary road, Sarjapur road and Old Madras road) will ease the congestion on the ORR, is the much talked about element of east Bangalore.

Amarnath, Bangalore

2nd February 2014

Comment

Thanks for providing me information. How are the prices of property in Yelahanka and Doddaballapur road?

Krupa Vasavaraj, Bangalore

2nd February 2014

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The price for plots, villas and apartments have been on a rise in Yelahanka and Doddaballapur road. Since 2011, the Hebbal locality has registered a 59% hike in real estate property appreciation.

Much of it can be attributed to its close proximity to the Majestic Railway Station, ISKCON, Marathahalli, Palace Grounds,International Airport and MG road.

Close proximity to the Bangalore International Airport and the proposed Hebbal to BIA road project (that will ease the traffic flow significantly) has raised the bar for North Bangalore.

The proposed-monorail connecting JP Nagar with Hebbal, the 24 km north-south metro corridor and the High Speed Rail Link connecting Cubbon road with the BIA are expected to do wonders for North Bangalore, transferring connectivity at its best.

Seshagiri Mehra, Bangalore

2nd February 2014

With the signal-free ORR that runs from Silk Board to Hebbal, connecting Electronic City to Whitefield, east Bangalore has increased its pace in the race of best micro-markets in Bangalore.

Chetan Hansraj, Bangalore

2nd February 2014

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Even I am also planning to invest in Bangalore but confused between East and North. Please suggest.

Krupa Vasavaraj, Bangalore

2nd February 2014

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North Bangalore and East Bangalore-the two present residential micro-markets in the city that are in the spotlight and have registered much real estate activity recently.

Jignesh Kumar, Bangalore

2nd February 2014

Bangalore has developed beyond imagination in the last few years, much of it can be attributed to its northern and eastern counterparts.

Where Bangalore east had a lion’s share of 45-50% out of the total net absorption of 33988 units in 2012, north Bangalore has certainly upped its ante with the establishment of the Bangalore International Airport and the proposed ITIR.

As per property consultants, with Whitefield and ORR-Sarjapur count in Bangalore east emerging as one of the potential residential destinations in the city, areas such as Yeshwantpur and Hennur have also come under the radar of major IT players and gated communities, trying to capitalize over it.

Amarnath, Bangalore

2nd February 2014

Residential catchments along Outer Ring Road (ORR) connecting to the Bellary Road, Doddaballapur Road and in Devanahalli are now paving way for mixed residential land use. :) :)

Jignesh Kumar, Bangalore

2nd February 2014

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North Bangalore is sprawling international airport, good connectivity and land earmarked for the development of IT, BT and aerospace Special Economic Zones is opening up new catchment areas for residential development.

The much-awaited signal-free corridor which is coming up over the existing airport road is almost complete only the junctions where underpasses are underway, which will reduce travel time significantly are yet to complete.

Seshagiri Mehra, Bangalore

2nd February 2014

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