The real estate market in Bangalore has been witnessing remarkable growth, and one area that stands out is Devanahalli-Doddaballapur Road. This stretch, located in North Bangalore, has become a hotspot for property investment due to several compelling reasons. We’ll explore why investing in a project here is a great idea and how the value of your investment is likely to appreciate over time.
1. Strategic Location
Devanahalli-Doddaballapur Road enjoys a strategic location, with easy connectivity to key areas such as the Bangalore International Airport, the proposed Satellite Town Ring Road (STRR) and work hubs in Yelahanka, Devanahalli and Doddaballapur. The upcoming Information Technology Investment Region (ITIR) and the Devanahalli Business Park further enhance its appeal.
2. Infrastructure Development
The region has already witnessed significant infrastructure development and the proposed STRR will connect this area to other satellite towns, reducing travel time and enhancing accessibility. Additionally, the investment regions are attracting businesses, leading to job opportunities and economic growth. Real estate investors can benefit from this development by investing in properties that are likely to appreciate as the infrastructure matures.
3. Foxconn and the Bangalore IT Investment Region
Taiwanese firm Foxconn has committed to investing ₹8,000 crore in a manufacturing facility for Apple products near Doddaballapura. This investment further validates the region’s potential and underscores the attractiveness of Devanahalli-Doddaballapur Road for investors. Covering 12000 acres in total, the upcoming Bangalore ITIR will also play host to several multinationals. Besides this, you also have the Devanahalli Business Park, a multimillion-dollar project adjacent to the airport, boosting commercial activity, alongside proposed Aerospace and Science Parks, developments that will attract professionals and drive demand for quality housing infrastructure in the area.
4. Appreciation Potential
With a significant amount of investment and a government push to develop this region, real estate values in this region are set to soar. We foresee a big demand for secure communities that will offer families a great home, while also incorporating the latest in construction techniques and amenities.
In conclusion, investing in a project on Devanahalli-Doddaballapur Road is not just a financial decision; it’s an opportunity to be part of a bustling community of the future. NRIs, in particular, can benefit from the strategic location, infrastructure development, and the promise of substantial returns. Our latest villa plots project, Lagos, has been carefully situated at the heart of all this activity, where you get easy access to all the investment hubs mentioned above, while also providing a perfect home for a family, with schools, universities, malls, hospitals and entertainment options located nearby. Give us a call to book a site visit today!
