Earlier known as the Garden City and Pensioner’s Paradise, Bengaluru has acquired new nomenclatures in recent years. This IT/ITES hub is now known as the Silicon Valley of India. Has this changed the real Estate market in the city? Yes, and for good!
Not long ago, people wanted to invest in Bengaluru’s real estate as it was considered to be a 'less volatile market'. But today, the city has turned out to be a high ROI offering market in India. Particularly, the outskirts of the city are providing investors with lavish properties, greenery, smooth traffic and safety.
The setting up of massive IT parks in the outskirts of Bengaluru has led to the establishment of numerous residential projects in these localities. The working class in Bengaluru will forever need residences near their office areas. This ensures that an investment in the outskirts of Bengaluru will always offer profitable returns.
For instance, the residential plots for sale in Devanahalli, Bengaluru, are one of the hottest properties in the city. For those who are looking for an upcoming investment destination, Devanahalli is certainly a rewarding choice!
Few points that make the residential plots and luxury residential apartments for sale in Devanahalli attractive for investors are listed below:
1. Close to the city
Devanahalli is approximately 35 km away from the city and is connected to the prime areas of Bengaluru through a wide network of roads.
2. Close to Bengaluru Airport
Kempegowda International Airport is located at 5 km south of Devanahalli and is connected via the NH 7.
3. Host of IT Parks
Some of the most renowned IT parks of Bengaluru such International Convention Centre, ITIR Phase-1 and others are in the vicinity of Devanahalli.
4. Comprehensive infrastructure facilities
Thanks to the efforts of KIADB, short for Karnataka Industrial Areas Development Board, the area of Devanahalli has witnessed a massive influx of industrial investment. The establishment of the KIADB Aerospace Park in this neighbourhood is one of the many progressive steps taken by the government.
Check out some interesting residential investment options in Devanahalli here!