The realty market of Devanahalli will see price appreciation in the near future because of the rapidly increasing demand for housing in this locality, thanks to the never-ending IT boom in the city. Proximity to a major infrastructural project is bound to make that locality grow and develop.
As far as I know the project has got approval from BIAPPA and the project will be ready for registrations within 2 months of time. A 1200 sqft plot will cost you somewhere around Rs 26 lakhs.