Introduction
The Indian real estate market
as of today stands relatively flat at the macro-level. However, there is
considerable action available at the micro-level. The real estate in several
pockets of the country are reasonably and priced, and if tapped, can provide
considerable returns to investors.
One of the leading cities
with real estate action, Bangalore has several residential projects by builders
such as the hiranandani
developers. In this light, there are various apartments in Bangalore to look
at.
About Bangalore
Known as the Silicon Valley
of India, Bangalore houses a large number of tech companies and start-ups and
is also one of the leading employment hubs in the country.
In light of these aspects,
the city has seen a considerable influx of professionals from all over India
and overseas, due to which there is an increasing demand for apartments in
Bangalore, especially Northern Bangalore. In order to
accommodate this influx, the city’s borders are gradually expanding and newer
suburbs are emerging. One of these emerging suburbs, Devanahalli is currently a
hot destination for real estate, industrial and technology.
About Devanahalli
Till about a decade ago, the
township was dominated by empty parcels of land. The tables turned for the
township when Kempegowda International Airport was formed. As a result, the
barren land of yesterday is witnessing a massive transformation into a
residential and industrial hub.
In addition, the township of
Devanahalli also provides seamless connectivity options:
·
The Kempegowda International Airport stands at 5 km
south of township on the NH7 highway
·
NH7, having a 6-lane road, is well-planned provides
robust connectivity to the Hebbal region
· The locality can also be well-accessed through
public transport as it connects various pockets of the city.
Not only physical
infrastructure, Devanahalli also has a strong social infrastructure in terms of
various employment hubs and schools, shopping malls and hospitals.
Projects
The region surrounding
Devanahalli has bagged multiple residential complexes in its kitty, which is
expected to bring in a total investment of INR 1500 crores. Hiranandani developers,
among others, have brought numerous new projects in Devanahalli.
The Hiranandani builders, under the banner “House of
Hiranandani”, bring to the table various apartments, cottages and villas.
These projects have added
considerable charm to the city, by providing not only breath-taking
architectures, designs, enticing amenties and a mixture of luxury and beauty,
but also through its strategic location. The residents are in “great hands”, as
they are in close proximity to the Airport, various schools, malls, restaurants
and hospitals.
Take Away
The city’s emerging
industrial, IT and investment hub, along with its close proximity to the
airport, robust connectivity and social infrastructure, the region of
Devanahalli is worth looking at.
