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Bengaluru has multiple hotspots with the most recent one being North Bengaluru, which has transformed into a bustling metropolis, fuelling opportunities and aspirations. Authored By Anjana Sastri: Bengaluru, also known as the ‘Silicon Valley of India’, continues to attract people from all over the world. It has established itself as one of the most desirable cities in India, primarily because of the rapid urbanisation, economic development, infrastructure improvements, thriving employment and the start-up culture, providing sufficient opportunities to professionals and entrepreneurs to make the city their abode.
The city has multiple hotspots with the most recent one being North Bengaluru, which has transformed into a bustling metropolis, fuelling opportunities and aspirations. The area offers a wide range of housing choices, from affordable apartments to luxury villas, catering to various budget segments. It boasts bustling IT parks and commercial hubs and new and attractive retail, entertainment and hospitality destinations.
North Bengaluru is rapidly emerging as a prime destination for growth and development, and there are compelling reasons why it is at the forefront of this transformation. Here are some key factors driving this shift: Key Micro Markets driving growth: Hotspots of Housing in North Bangalore North Bangalore, particularly, has experienced remarkable growth, with areas like Hebbal and Thanisandra being the destination for residential housing for IT professionals working in the area. Conversely, Yelahanka and Doddaballapur Road have been the hot spot for plotted and villa developments, providing comfortable living in tranquil environments.
Additionally, Hennur and Jakkur are experiencing high-speed residential development, with modern developments catering to the growing demand for well-connected, quality urban living. Excellent Connectivity Connectivity has played a crucial role in the rapid growth of North Bengaluru’s real estate sector. Its strategic location near the Kempegowda International Airport and excellent connectivity through major highways like Bellary Road, Outer Ring Road, and Tumkur Road make it an ideal choice for residents.
Additionally, rapid infrastructure development through Namma Metro and the Bengaluru Suburban Railway have been growth catalysts making it a favourable location for business, employment prospects, and housing. This convenient connectivity has made North Bangalore a highly sought-after destination for real estate investors. Infrastructure Boom: A Catalyst for Growth North Bangalore, once known as the city’s outskirts, is currently experiencing an infrastructure renaissance that promises a brighter future for the region.
The significant surge in infrastructure development is transforming this area into one of Bangalore’s most desirable destinations for real estate. The government has undertaken several infrastructure development projects in North Bangalore, including the development of the Aerospace Park and the Information Technology Investment Region (ITIR). Devanahalli Business Park: This business park is adjacent to the Bengaluru International Airport (BIA) and is expected to attract many multinational companies and start-ups to the region.
These projects have not only created job opportunities but also contributed to the growth of the real estate market in the area and is expected to push property prices higher as North Bengaluru becomes even more accessible, attracting more real estate development. Excellent Investment and Future Growth Potential The luxury real estate market in North Bangalore holds immense investment potential. With the area becoming a central node for both residential and commercial developments, property prices are expected to appreciate significantly over the coming years driven by factors like infrastructure improvements, job growth, and increased demand for premium homes.
The synergy of promising factors transforms this region into a prime destination for those eyeing sustained growth and stability in their investment portfolio. Overall, North Bengaluru’s real estate market is poised for sustained growth, making it an attractive investment option. Growth as a business hub and plethora of employment opportunities The presence of major IT parks and business hubs in the region has further elevated its appeal, making it a thriving employment zone and attracting a workforce with aspirations for luxurious living.
North Bangalore is now home to some of the most prominent multinational companies, which in turn has attracted a workforce eager to live close to their workplaces. Proximity to these workplaces significantly enhances the work-life balance, making North Bangalore a sought-after locale for professionals. Lifestyle & Social Infrastructure: The Ultimate Differentiator Bengaluru’s changing social infrastructure has ensured that high-end residential developments are accompanied by world-class amenities.
The availability of international schools, hospitals, luxury shopping malls, and high-quality dining and entertainment is making upscale micro-markets more and more desirable for families and investors alike. Overall, the physical and social infrastructure of North Bengaluru has all the right ingredients to enable a global lifestyle. People from across the country and world have moved to North Bangalore and as a result it also has one of the biggest expat populations in the country.
These factors have made North Bangalore a melting pot of cultures and one of the most cosmopolitan localities in the investor’s paradise of Bengaluru. North Bengaluru’s real estate market is poised for sustained growth, making it an attractive investment option, driven by the anticipated development of other major tech parks and industrial clusters. The region has already seen substantial development of office spaces, logistics parks, and warehouses, driving demand for both residential and commercial properties.
Together, these developments paint a promising future for the region, solidifying its status as a prime location for both real estate and business opportunities. For homebuyers and investors looking to combine comfort, convenience, luxury, exclusivity and long-term value, North Bengaluru stands out as a destination that promises unparalleled opportunities. (The author is director-marketing of Sterling Developers.
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