Best places to invest in North Bangalore
Best Places to Invest in North Bangalore
Best Places to Invest in North Bangalore often referred to as the Silicon Valley of India, has witnessed rapid urbanization and real estate growth over the years. Among its various zones, North Bangalore has emerged as a prime investment destination due to its exceptional infrastructure, proximity to Kempegowda International Airport, and booming IT hubs. Investors and homebuyers alike are flocking to this region, recognizing its high growth potential and promising return on investment (ROI).
If you’re considering real estate investment in Bangalore, North Bangalore presents an ideal opportunity. But what makes this area so special? Let’s explore the key reasons why you should invest in North Bangalore and how it can benefit you in the long run.
1. Rapid Infrastructure Development
One of the biggest reasons to invest in North Bangalore is the ongoing and upcoming infrastructure projects that are set to transform the region. Some of the major developments include:
- Kempegowda International Airport Expansion: This project will enhance connectivity and boost the region’s real estate value.
- Bangalore Metro Phase 2 & 3: The metro expansion to North Bangalore will make commuting easier and increase property demand.
- Elevated Expressways & Peripheral Ring Road: These will reduce traffic congestion and improve connectivity to other parts of Bangalore.
With such large-scale projects underway, property appreciation in North Bangalore is expected to skyrocket in the coming years.
2. Proximity to Kempegowda International Airport
One of the biggest advantages of investing in North Bangalore is its proximity to Kempegowda International Airport. This has led to an increase in demand for residential and commercial properties, particularly from frequent travelers, NRIs, and business executives.
With the upcoming aerotropolis (airport city) development, this area will witness a further rise in real estate values, making it a great investment choice.
3. IT and Business Hubs Driving Economic Growth
Best places to invest in North Bangalore has rapidly become a tech and business hub, housing several IT parks and special economic zones (SEZs). Some of the prominent employment hubs include:
- Manyata Tech Park
- KIADB Aerospace SEZ
- Embassy Business Park
- Devanahalli IT Investment Region (ITIR)
These hubs attract thousands of professionals, driving rental demand and increasing property value in the region.
4. Best Localities for Real Estate Investment
Investing in North Bangalore is a strategic decision, but choosing the right locality is crucial. Some of the top investment hotspots include:
Hebbal
- Known for its lakes, tech parks, and premium residential projects.
- Close proximity to Manyata Tech Park.
- Well-connected to Kempegowda International Airport and central Bangalore.
Yelahanka
- A well-planned locality with a blend of modern and traditional Bangalore.
- Presence of top educational institutions and green spaces.
- Availability of flats in North Bangalore for families and professionals.
Devanahalli
- Home to Kempegowda International Airport and Bangalore Aerospace Park.
- Future smart city development with large-scale infrastructure projects.
- Excellent options for real estate investment in Bangalore.
Thanisandra
- One of the fastest-growing residential and commercial areas.
- Excellent connectivity with Bangalore Metro and Outer Ring Road.
- Increasing demand for flats in North Bangalore due to proximity to IT hubs.
5. High Return on Investment (ROI) & Property Appreciation
Due to booming infrastructure, job opportunities, and increasing demand, North Bangalore offers higher capital appreciation compared to other parts of the city. Investors can expect:
- Annual property appreciation of 10-15%.
- High rental yields due to the growing working population.
- Increased demand for commercial spaces as businesses expand in this region.
6. Excellent Connectivity & Transportation
North Bangalore enjoys seamless connectivity to other parts of the city and beyond:
- NH-44 and Bellary Road: Ensures smooth travel to key areas like MG Road and Whitefield.
- Outer Ring Road (ORR): A crucial arterial road that enhances accessibility.
- Metro Expansion: The upcoming metro lines will improve public transportation, reducing travel time significantly.
With such robust connectivity, property values in North Bangalore are set to rise steadily.
7. Presence of Reputed Educational Institutions
For families looking to settle in North Bangalore, access to top-tier schools and colleges is a major advantage. Some of the well-known institutions in the region include:
- Ryan International School
- Canadian International School
- Delhi Public School, Yelahanka
- Reva University
- Presidency College
Having quality educational institutions nearby significantly boosts the livability and investment potential of the area.
8. Upcoming Commercial & Retail Developments
North Bangalore is set to become a commercial and retail hub, with numerous shopping malls, entertainment centers, and business parks under development. Some upcoming projects include:
- Phoenix Mall of Asia
- Elements Mall Expansion
- Brigade Magnum Business Hub
Such developments increase the desirability of the region, further fueling real estate growth.
9. Government Policies & Favorable Investment Climate
The government’s focus on developing Best places to invest in North Bangalore has led to various policies and incentives that make investment more attractive:
- RERA Regulations: Ensures transparency and protects buyers.
- Bangalore Smart City Project: Enhancing urban planning and sustainable living.
- Tax Benefits: Investors can avail tax deductions on home loans and rental income benefits.
These factors make North Bangalore a secure and profitable real estate investment destination.
10. Future Development Plans: A Vision for Growth
The future of North Bangalore is incredibly promising, with several large-scale projects in the pipeline:
- Satellite Town Ring Road (STRR): Enhancing regional connectivity.
- Airport City: A self-sustained urban space around the airport.
- Multimodal Logistics Park: A game-changer for commercial real estate.
With such developments, North Bangalore is on track to becoming one of India’s most sought-after investment zones.
Conclusion: Why North Bangalore is the Best Investment Choice
Investing in North Bangalore is a smart move for anyone looking to capitalize on the city’s growth. With excellent infrastructure, booming job markets, rising property values, and strong connectivity, this region is set to offer high returns on investment in the coming years.
Whether you are an investor, homebuyer, or business owner, North Bangalore provides endless opportunities. Don’t miss out on this golden investment opportunity—now is the best time to secure your spot in this thriving real estate market!