Devanahalli is currently the commercial and residential hub of Bangalore. The development of the international airport here sparked an exponential change in the real estate market of this once laidback town to the north-east of Bangalore. The establishment of the Devanahalli Business Park adjacent to the Kempegowda International Airport and the subsequent establishment of the more IT parks in the vicinity, the Aero SEZ, the International Tech Park, the Hardware Park, and now the upcoming BIAL investment region all heralded a new chapter in the character of Devanahalli and its surrounding areas. The movement of a new working population into this locality spurred a meteoric residential real estate growth and every major player in the real estate industry moved into this neighbourhood, setting up their projects and vying for the attention of real estate investors. So, is it worth it to invest in Devanahalli? The answer is a resounding yes. In addition to this neighbourhood being the new IT hub of Bangalore and the obvious proximity to work spaces, this locality is also ideally placed to be away from the chaos of the city and yet easily accessible and connected to the city via the six-lane Bellary road. Devanahalli also comes under the phase 2 of the Namma Metro project, which will further enhance connectivity. The proposed satellite ring road linking Devanahalli to Doddaballapur will also aid in connectivity and accessibility. Devanahalli also has several well-known educational institutions in the vicinity such as Ryan International School and the Canadian International School. There are world-class healthcare establishments like Columbia Asia Hospital not too far away and several others are in the process of being established. In terms of recreation and entertainment too, several large hotels have been established here and malls like the World Market Mall and Elements Mall can provide for all individual recreation and shopping needs. All these factors contribute to making investment in real estate in Devanahalli a good option.
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