Planning to buy a home in Bangalore this year, but don’t know where to go. Well, Devanahalli might just be the place for you. With a growth rate of 15% last year, Devanahalli has become a popular suburb you can consider investing in the northern part of India. The place is not just surreal and beautiful but is also known as the birthplace of Tipu Sultan, the famous ruler of Mysore. Not only that, the place is a popular tourist destination that is attracting investors from all across the country. So if the goal is to invest in 2024, the time should be now. To know why Devanahalli is so attractive and why you should invest here, keep reading the post.
What makes Devanahalli So Attractive?
Situated a mere 15 kilometers away from Bangalore International Airport, Devanahalli has emerged as a favored spot among frequent flyers because of its proximity to the airport. The region that is currently undergoing extensive infrastructure enhancements, highlighted by the ongoing construction of the Bangalore Metro Rail Project seamlessly integrates Devanahalli with the rest of Bangalore. This promises improved connectivity for both residents and visitors.
Moreover, Devanahalli’s allure is a lot more than basic transportation conveniences. It has also become an attractive hub for real estate investments owing to several factors, including its strategic location, reasonable property prices, and burgeoning demand in the market. Notably, the area is witnessing the development of key projects such as the Devanahalli Business Park and the Aerospace Park. These endeavors have piqued the interest of IT and aerospace companies, leading to substantial investments in the region. Consequently, this influx of business activity is generating employment opportunities, further bolstering Devanahalli’s appeal as a residential and commercial hotspot. If you want plots in Devanahalli Bangalore, this is the place to be.
Why Invest In Devanahalli?
Smart Connectivity
Investing in Devanahalli offers a plethora of compelling reasons, with smart connectivity standing out as a key factor. Situated a mere 15 kilometers away from Bangalore International Airport, Devanahalli has become a preferred destination for frequent travelers. Moreover, the area is undergoing significant infrastructure development, highlighted by the ongoing construction of the Bangalore Metro Rail Project. This project is poised to seamlessly connect Devanahalli to the rest of Bangalore, promising improved connectivity for residents and visitors alike.
Strategic Location
Furthermore, Devanahalli’s appeal as an investment destination is bolstered by its strategic location, affordable property prices, and increasing demand in the real estate market. The development of the Devanahalli Business Park and the Aerospace Park has further cemented its status as an attractive investment hub, drawing significant interest from IT and aerospace companies and creating employment opportunities for locals.
Upcoming Developments
Looking towards the future, Devanahalli shows promising prospects with several upcoming developments planned for its overall enhancement. These include its integration into the Namma Metro Network, the completion of the Peripheral Ring Road, and the development of roadways and bridges to improve connectivity within the city. Moreover, the burgeoning commercial activity and the establishment of IT companies in the area, coupled with the affordability of land, have fueled infrastructure and real estate development, opening doors for investment opportunities.
Real Estate Growth
In terms of real estate growth, Devanahalli has witnessed remarkable expansion in recent years, propelled by factors such as the establishment of Kempegowda International Airport and the Bangalore Aerospace SEZ. Reports indicate a surge in demand for both residential and commercial properties, with prices appreciating steadily. This indicates a healthy growth trajectory for the real estate market in Devanahalli, poised to attract investors and homebuyers alike in the foreseeable future.
Where else should you invest?
Another great place that you can invest in is Valmark Orchards. Offering you a beautiful blend of comfort, community and convenience, Valmark Orchards is located strategically to ensure that you get the best of amenities like hospitals, schools, shopping centers, etc. It also offers you amenities like fitness centers, green spaces, etc so that you can enjoy a more balanced and convenient life. Even security measures like CCTV cameras and best in class facilities like swimming pools, gyms, dining halls and cafes are within the area so that you can enjoy the best quality of life in Bangalore.
So that’s what makes Devanahalli and Valmark the best combination to invest in real estate. Which place do you want to invest in the future? Let us know in the comments. Would you be interested in checking out some more residential plots in Devanahalli and Valmark Orchards? Get in touch with us through our website now.
