5 Most admired Real Estate areas in North Bangalore

5 Most admired Real Estate areas in North Bangalore

By siliconindia   |   Tuesday, August 12, 2014
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Bangalore : North Bangalore holds immense potential for Real estate development. North Bangalore has the ability to become as a greater Bangalore in the next three to five years. The arrival of the airport lifted the stakes in North Bangalore. The recent market report pointed that the North’s residential market is suspended to grow faster because of physical and social infrastructure such as Elevated Expressway to BIAL, High speed Rail Link, Devanahalli Business Park, broadening of Bellary Road and many. In North Bangalore there are Hebbal, Yelahanka, Doddabalapur Road, Hennur Road, HBR Layout, Banaswadi, etc… Mainly, improved connectivity is serving North Bangalore to crystallize into a much sought after residential destinations.

With the origination of Bengaluru International Airport, the region near Devanahalli is witnessing fast real estate developments. The other best performing areas in North Bangalore are Hebbal, Yelahanka, Hennur Road and Doddabalapur.

Hebbal:

Hebbal is one of the top residential localities in Bangalore city. Currently, this area is emerging as an IT Hub and is expected to grow further. Hebbal has good infrastructure to sustain residential growth. New monorail project and high speed rail network along with Bangalore metro will further its connectivity. The vicinity houses several companies and offers easy accessibility through flyovers connecting ORR (Outer Ring Road) and NH-7. A major benefit for Hebbal is immediacy to the airport making it an attractive area for frequent travelers to invest and shortage of space in the main hubs of Bangalore is pushing buyers to move to this vicinity. Property values here range between Rs 5814 to Rs 7000 per sq.ft.

 

 

 

 

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