When it comes to a housing most of us demark ourselves within the boundaries of the city as we ‘think’ being within this demarcation is of utmost convenience to all our needs. Few reasons for us thinking that way possibly could be, because of corporate jobs spread across, railing restaurants to feed our boredom, a night life to drink away our sorrows, etc. Though these are valid reasons do we really know the way of life and opportunities we could be having a few a few kilometres away from the hustling, crowded city?
Getting away from that hustle, crowd, traffic of the city, to finally having that peace, serene, quiet, to hear ones’ thoughts seems like the biggest reason to shift to North Bangalore, a suburb of Bangalore that has been talk of town since 2008with the opening of the new International Airport.
Along with this,Devanahalli road growth rate in realty has become impeccable. The road planning has been engineered with the highest level of sophistication making commuting easy for the population, the road is reachable by NH7, also known as Bellary Road or Bangalore Hyderabad Highway.Being expanded to six lanes with further plans of expansion to reduce the travel time to airport from current 40 minutes to less than 20 minutes.
Want to have dinner in the city no worries a newly established Metro rail has been planned to commute passengers from the International Airport into the city, this means you never need to take your car or bike and get yourself stuck in Traffic!
Catering to the commuting problems of the citizens, employment opportunities are also becoming a priority in the area.
Devanahalli has been set to see a hike in its commercial developments with ITIR, Aerospace SEZ, Devanahalli Business Park. Most MNC IT majors are planning to move their technology and R&D Centres closer to the Airport, The BIAL IT Investment region (ITIR) will house marquee names of IT industry and will create 4 million jobs.Karnataka State Electronics Development Corporation issued EOI in 2012 for development of ITIR for which it received interest from 55 MNCs. Once developed it will create total 4 million jobs. 1.2 million direct (employees working in these companies). 2.8 million indirect (people supporting these employees).
Even if 20% direct employees choose to live close by, it will result in demand of 240,000 dwelling units.
The major player moving near the airport is Shell and a few others such asBoeing, Airbus, Bombardier,StarragHeckert, Wipro, Tata Elxi, TCS, etc. Hospitals and an aviation industry all ready to be set up.
Commercial Development also brings in lifestyle development, an International Convention Centre and Hotel is also planned in 35 acres, adjacent to Devanahalli Business Park.Residential Real Estate Development is also on a rise bringing in high price for such projects. Devanahalli, has on offer many tier 2 builders focusing on plotted developments considering small ticket size. The growth data points for Devanahalli is not very skewed from any upcoming business city.
Here’s an Opportunity to invest in right sized apartments with 25 lavish and new amenities including dance studio, fight club and bowling alley at a launch price of Rs 3,699. Expected price to hit the barrier of Rs. 4999 in 12 months due to the amenities provided… Investors will reap the maximum benefits when social infrastructure grows and families start to move in.
Whether we like it or not, Devanahalli is future of Bangalore. Smart investors are ahead of time, if you haven’t already invested, it’s your time now.
We expect your investment to grow 2 – 3 times in next 5 years.
Invest buying yourself an apartment in the Rainforest Apartments. Though it’s coming to Devanahalli the apartments are of Balinese Architecture guaranteeing you to feel that you’re on a vacation in Bali. It’s going to be work out and party in. The new age of living has hit Bangalore don’t miss out on this Chance. Be Smart chose Smart Living.
4BHK Penthouse available | 3BHK Penthouse available