Growth of property rates, connectivity, best residential projects, etc are the main reasons to invest in Devanahalli. Year-over-year property rate growth in Devanahalli is 15% in the last year. Check-out this article to know the top 5 reasons to invest in Devanahalli and the best residential properties available in Devanahalli.
Devanahalli is a rapidly developing suburb located in the northern part of Bangalore, India. It is known for its historical significance, as it was the birthplace of Tipu Sultan, the famous ruler of Mysore.
Devanahalli is also a popular tourist destination, known for its historical attractions and natural beauty. And this is the added advantage for Devanahalli.
Currently, Devanahalli is having a real estate boost including both residential and commercial properties.
So, here are the top 5 reasons to invest in Devanahalli in 2024 to get benefited from property price appreciation.
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Multiple Connectivity Options
Devanahalli is located just 15 km from Bangalore International Airport, making it a popular destination for frequent travelers.
Devanahalli is witnessing significant infrastructure development, including the construction of the Bangalore Metro Rail Project, which will connect Devanahalli to the rest of the city.
The area is also becoming a popular destination for real estate investments due to its strategic location, affordable property prices, and increasing demand.
With the development of the Devanahalli Business Park and the Aerospace Park, the area is attracting significant investment from IT and aerospace companies, providing employment opportunities for residents.
Future Developments In Devanahalli
Here are some of the upcoming developments planned for the overall development of Devanahalli.
- The area will be linked to Namma Metro Network helping to connect Airport to central Bangalore.
- The completion of the Peripheral ring road will maximize the connectivity options for Devanahalli to other areas of Bangalore.
- Roadways will be developed to decrease the hassles of traffic in Devanahalli city.
- More bridges will be constructed to establish connectivity to other localities.
- Devanahalli road is close to a commercial hub which is helping to boost startup opportunities.
- The 12000 acres spread Bangalore ITIR is under construction in Devanahalli.
- Well-known IT companies such as Infosys, Wipro and TCS are in the process of establishing a base in Devanahalli ITIR.
- As land purchasing prices are affordable in Devanahalli, it has generated the opportunity for infrastructure and real estate development.
Growth In Real Estate Market
Devanahalli has been experiencing significant growth in the real estate sector in recent years.
One of the primary reasons for this growth is the establishment of Kempegowda International Airport in the area, which has led to an increase in commercial activity and the growth of the local economy.
Additionally, the development of the Bangalore Aerospace SEZ in Devanahalli has also contributed to the growth of the real estate market.
According to a report by JLL India, the demand for residential and commercial properties in Devanahalli has increased significantly in recent years.
The report also suggests that the average price of residential properties in the area has appreciated by around 8-10% in the past year, indicating a healthy growth rate.
Overall, the real estate market in Devanahalli appears to be growing steadily, and with the ongoing development of infrastructure in the area. It is likely to continue to attract investors and homebuyers in the coming years.
Growth Of Property Rates In Devanahalli
The average property price per sq. ft in Devanahalli is Rs. 6750. And the price range per sq. ft is Rs. 1416 to 18571.
The year-over-year growth of property rates in Devanahalli is around 15 % in the last year.
This market trend in Devanahalli is a good sign for investors to invest in real estate properties. And understanding such trends in property prices helps to know the right time to buy a property or sell it.
At present, starting property prices in Devanahalli are around Rs. 700 sq ft. And the average property price in Devanahalli is Rs. 6121 per sq. ft.
So, buying property for future sale and selling the existing property in Devanahalli will be proven profitable as per the current scenario.
Best Residential Properties in Devanahalli
Here are the top 3 best residential properties in Devanahalli with good connectivity, and year-over-year property price appreciation.
Brigade Buena Vista
The Brigade Buena Vista residency is the 22 floors heightened structure.
The project area of this residency is 7 acres to provide an ultra-modern lifestyle for the residents.
Out of the total area of the project, most of the space is reserved for greenery and open spaces.
This spacious and luxurious 1, 2, 3, & 4 BHK apartments are designed for residents to experience a modern lifestyle.
Large clubhouse located in the middle of the campus which has a jogging track and swimming pool set.
A seating area, party pavilion, tennis, and basketball courts are the other amenities provided available.
Groceries, schools, educational institutes, hospitals, malls, hotels, tech parks, airports, CBD, etc are the easily accessible connectivity options available for homebuyers.
The Brigade Buena Vista developers are now providing ready-possession apartments.
Below mentioned are the floor plan, carpet area and property price for 1 BHK flats of 488 sq. ft, 2 BHK of 798 sq. ft, 3 BHK flats of 1120 sq. ft & 4 BHK flats of 1651 sq. ft.
Hiranandani Villas
The Hiranandani Villas is the 76 acres spread township which has open space, cottages, apartments and villas.
This residency offers classic architecture, ready-to-use amenities, and vast green spaces.
The closest proximity to the Bengaluru-Hyderabad highway and Kempegowda International Airport makes it the major connectivity option.
Swimming pool, squash court, badminton court, jacuzzi, gym, party lawn, tennis court, etc are the vast scope of amenities available for the residents.
These ready-possession villas are the right choice if you want to enjoy the modern lifestyle.
Below-mentioned is the carpet area and property price of 3 BHK and 4 BHK flats.
| Type | Carpet Area | Price |
| 3 BHK | 2850 sq. ft | Rs. 3.36 crores |
| 4 BHK | 3390 sq. ft | Rs. 4 crores |
| 4 BHK | 4055 sq. ft | Rs. 4.78 crores |
| 4 BHK | 4100 sq. ft | Rs. 4.84 crores |
You can check out Best Residential Projects In Bangalore City 2024 to know the latest property rates in Bangalore
Purva Skywood
The Purva Skywood residency is located in Sarjapur road, Devanahalli.
The residency is spread around 12.81 acres which offer wide open space.
This luxurious apartment is just 2.5 km away from Hosur Road, and 3 km from the HSR layout.
A cricket pitch, amphitheater, squash court, swimming pool, jogging track, multipurpose court, Kids’ play area, etc are the amenities presented for the residents.
Currently, limited bookings are pending for 2, 3, & 4 BHK apartments. And it is ready to move in status.
Below mentioned is the floor plan, carpet area, and property price for 3 and 4 BHK flats.
| Type | Carpet Area | Price |
| 3 BHK | 1612 to 1952 sq. ft | Rs. 1.27 crores onwards |
| 4 BHK | 2222 to 2340 sq. ft | Rs. 1.56 crores onwards |
FAQs
| Which are the top 5 reasons to invest in Devanahalli?
Connectivity, Upcoming Developments, Real Estate Growth, Growth of Property Rates & Best Residential Properties are the top 5 reasons to invest in Devanahalli. |
| Which are the best residential properties in Devanahalli?
Brigade Buena Vista, Hiranandani Villas, Purva Skywood, etc are the best residential properties available in Devanahalli. |
| What is the growth of property rates in Devanahalli?
The year-over-year property rate growth in Devanahalli is around 15% in the last year. |
| What is the average property price in Devanahalli?
The average property price per sq. ft in Devanahalli is Rs. 6750. |
