Devanahalli

Devanahalli is a suburb in the northern part of Bangalore, and it is located in the Bangalore Rural district. Devanahalli Pin Code is 562110, and it is tucked away in the outskirts of Bangalore.

Devanahalli History

Devanahalli was once a quiet town on the outskirts, but now it has undergone a big change. The growth of the area is driven by many factors, including the transport network and a planned urban framework.

Here is how Devanahalli rose as the prime real estate spot now

2008 - Start of the Kempegowda Airport
2013 – Start of Aerospace Park
2015 – Start of Devanahalli Business Park
2018 – Start of Bangalore-Chennai Expressway
2020 - Metro Phase 2B expansion
2023 – Start of ITIR project

All these led to the quick growth of Devanahalli.

Devanahalli Connectivity

Devanahalli enjoys good access to all areas of the city through roads, metros and trains as follows:

Railways: Devanahalli railway station links this area with all other cities of India.
Airways: Kempegowda Airport is nearby and can be reached in 10 minutes, and it is the best choice for frequent travellers.
Metro: The Metro Phase 2B will enhance the transport network of the area as it will include a metro station nearby, and all areas of Bangalore can be reached easily.
Roads: Major roads are shown in the Devanahalli Map, which includes NH 44, IVC Road, NH 648, New Airport Road, NH 7, Outer Ring Road, SH 96, and SH 104, which connect the area to all other parts of the city.

Some upcoming road projects in Devanahalli include

Satellite Town Ring Road (STRR): It will reduce traffic in the core areas of the city.
Proposed Peripheral Ring Road (PRR): It will improve access between key parts of North Bangalore.
Bangalore-Chennai Expressway: A high-speed corridor that will improve trade.

Devanahalli Commercial Growth

The commercial growth that led to the quick development of the Devanahalli area due to

Aerospace Park: An aerospace cluster that brings in major global players.
Devanahalli Business Park: A commercial space that is bringing business growth to the area.
ITIR: It houses IT giants that boost job offers.
Logistics Hub: It is ideal for logistics and a good supply chain operation.

Devanahalli Social Infrastructure

Devanahalli location has the best schools, colleges, malls, IT hubs and shopping areas.

Some of the major IT hubs in the Devanahalli directions include

Ecopolis
Prestige Tech Cloud
KIADB
IFCI Financial City
Manyata Tech Park

Some of the major hospitals in the area are

Ramaiah Leena
Akash
Aster CMI
New Manasa
Sri Shirdi Sai

Some of the major shopping malls in the area include

Galleria Mall
DRV Plaza
PVR Orion Uptown Mall
Garuda Mall
Esteem Mall

Some of the major schools in the area include

Akash School
Delhi Public School
Sterling English School
Ryan School

Devanahalli real estate

Devanahalli Bangalore, has a growing real estate market that promises high ROI in the future. It has a range of properties that includes flats, villas, plots, and rowhouses in all price and size ranges.

The starting price of properties in Devanahalli is

1 BHK flat: Starts from ₹40 lakhs
2 BHK flat: Starts from ₹60 lakhs
3 BHK flats: Starts from ₹98 lakhs
Plots: Starts from ₹5,500 per square foot
Villas: Starts from ₹1.5 crore

The annual appreciation of properties in Devanahalli is 20 to 25%.

The rental returns in Devanahalli are from 4.5% to 5.5%. The rental price starts from

1 BHK flat – Rs. 12,000 per month
2 BHK flat - Rs. 18,000 per month
3 BHK flat - Rs. 20,000 per month
Villa - Rs. 35,000 per month

Why Invest in Devanahalli?

Close to the Devanahalli airport – Ideal for business.
IT growth – It will result in more jobs, and there will be a housing demand.
Good lifestyle choices – Schools, IT hubs, shops, and malls nearby.
Upcoming Phase of Metro – Better Metro Access to all areas of the city
Road networks – The upcoming road projects like STRR and PRR will result in higher property value, and the Devanahalli distance to all other major areas will decrease.

A futuristic township project called Prestige Marigold is located in Devanahalli Taluk, North Bangalore. Prestige Group is building this upcoming plotted project, and it spans over an area of 49 acres. Phase 2 of the project has been launched, with 717 plots. This project not only offers spacious villa plots but also has a high price appreciation in the future.

Conclusion

Devanahalli, which used to be known for its scenic surroundings, now serves as the biggest hub of the Indian IT industry. The area’s transformation into a vibrant real estate hub is backed by increasing demand for quality housing. Whether you are an investor searching for high returns or a buyer seeking a luxury lifestyle, this area offers the best options.

Frequently Asked Questions

What is Devanahalli famous for?

It is famous for its historic Fort, its proximity to Bangalore Airport, and it is the birthplace of Tipu Sultan.

What are the famous things to buy in the Devanahalli market?

Devanahalli Pomelo is a large citrus fruit.

Is Devanahalli the next IT hub?

Yes, it is evolving into a major IT hub, driven by proximity to the airport and the Aerospace SEZ.