The world of real estate investment is brimming with opportunities, and Bangalore's burgeoning prominence as a residential real estate hotspot has not gone unnoticed. With property investment in Bangalore on the rise, one area that stands out for its promising investment opportunities is the vicinity around Bangalore Airport. This area's strategic location and rapid development make it a prime investor choice. In this blog, we are exploring the top areas near Bangalore Airport that offer excellent investment opportunities.
In the heart of the burgeoning real estate market near Bangalore Airport, Devanahalli is the ideal residential investment destination. This thriving community is adorned with numerous social amenities, making it an ideal choice for potential homebuyers and investors. Moreover, its strategic location places it within easy reach of K R Puram, Nehru Nagar, Hebbal, and the Outer Ring Road, ensuring seamless connectivity within the city.
What sets Devanahalli apart is the aspiring Devanahalli Business Park (DBP) project, one of the largest adjacent to the Bengaluru International Airport (BIA). Over the next five to seven years, it is expected to draw investments worth $2.2 billion, signifying a remarkable economic transformation in the area. Developed by the Karnataka State Industrial Investment & Development Corporation Limited (KSIIDC) on approximately 407 acres adjacent to National Highway-7 (NH-7) and the northern boundary of the Bengaluru International Airport (BIA), the DBP is poised to contribute significantly to the city's growth.
The upcoming BIAL IT Investment Region, the KIADB Aerospace Special Economic Zone (SEZ), the KIADB IT Park, and the flourishing Devanahalli region collectively contribute to its status as a burgeoning employment hub. The strategic investments in Devanahalli have garnered the attention of both government and private investors, underlining its potential for economic growth and real estate development. For example, the BIAL IT Investment Region (ITIR), a massive IT park, is already in the construction phase, further reinforcing the significance of this location in the realm of real estate and business development.
Amid this exciting backdrop, Concorde Hill Crest is a planned villa plot project near Devanahalli, offering an excellent investment opportunity. With carefully designed layouts, top-tier amenities, and tranquil surroundings, it ensures an exceptional living experience and potential returns on investment. Aligning seamlessly with the area's growth, it's a smart choice for those capitalizing on the thriving real estate opportunities in Devanahalli. Check out this project and be a part of this dynamic landscape for your next investment venture.
Located 25.3 kilometers from Kempegowda International Airport, Thanisandra is a prime investment choice with residential projects near the airport, excellent city center connectivity, and a vital main road linking it to key areas in Bangalore. It offers convenient proximity to Manyata Tech Park, making it an ideal location for residential real estate investments. In recent years, property prices in Thanisandra have surged by 13.59%, affirming its potential as a lucrative investment hub.
Jakkur, a thriving neighborhood near Bangalore International Airport, has experienced a surge in developmental activities, cementing its status as a prominent real estate destination in North Bangalore. Historically known for its aerodrome and picturesque lake, Jakkur is also home to the Government Flying Training School and the prestigious Jawaharlal Nehru Institute of Advanced Scientific Research. The serene surroundings and the development of upcoming projects near Bangalore Airport make Jakkur a perfect choice for investors. The area offers easy access to well-known shopping centers, including Elements Mall, Orion Mall, and Esteem Mall. It has an exciting addition on the horizon, the upcoming Phoenix Mall of Asia in Jakkur, making it a demand for residential properties near Bangalore Airport.
Yelahanka stands out as a prime real estate investment destination, not only due to its excellent connectivity but also its thriving infrastructure. The locality has several crucial defence facilities, including the Indian Air Force, Border Security Force, and the Central Reserve Police Force. One of the city's most awaited malls, the Phoenix Mall of Asia, spreading over 13 acres and has 1.2 million square feet of retail space, is opening soon in this area. Additionally, Yelahanka is experiencing a surge in residential and commercial developments, boasting a diverse range of offerings such as office spaces, malls, recreational facilities, and an array of ongoing residential projects. The location's proximity of about 19 km to the airport makes it highly attractive to investors.
Hebbal, known for its robust real estate market, is a top choice for investors looking for investment opportunities around Bangalore Airport. With its rapid development and upcoming projects near Bangalore Airport, Hebbal is a golden opportunity for residential property investors. The demand for plots for sale near Bangalore Airport is exceptionally high in this location.
Hennur, a rapidly developing suburb, is an emerging real estate hotspot near Bangalore Airport. The region boasts excellent connectivity and proximity to the airport. Hennur enjoys strong rail connectivity, with the nearby Banaswadi railway station providing access to the railway network. The area offers exceptional connectivity to prominent IT hubs and features a wealth of shopping centers, malls, and recreational facilities. The demand for residential properties near Bangalore Airport in Hennur has increased, making it an attractive investment destination.
Vidyaranyapura is another location worth considering for those interested in investing in real estate near Bangalore Airport. This peaceful area offers a range of residential projects and is witnessing increasing property demand. Vidyaranyapura is transforming remarkably into a bustling hub, thanks to the upcoming high-speed link road, the emergence of office spaces, and the Information Technology Investment Region (ITIR) in Devanahalli.
The Karnataka state government has initiated the establishment of KHIR City near Bengaluru Airport, aiming to draw investments worth Rs 40,000 crore in knowledge, healthcare, innovation, and research sectors. This city will be developed in phases (2,000 acres) within a 60-km radius of Bengaluru, potentially close to Kempegowda International Airport. The project promises to contribute a minimum of 1 lakh crore to the state's GDP through heightened economic activities in north Bengaluru.
Nagawara, located in the northern part of Bangalore, is quickly becoming a prominent investment destination. The development of infrastructure and upcoming projects near Bangalore Airport has made Nagawara an attractive option for individuals looking to invest in real estate. Nagawara has gained popularity among homebuyers and investors due to its connectivity with other parts of Bangalore and its status as a thriving IT hub.
Investing in the Bangalore Airport vicinity can be profitable for homebuyers and investors. The city's continued growth and the demand for residential projects near Bangalore Airport make it a win-win situation for those who invest wisely. Whether you're interested in plots for sale near Bangalore Airport or are looking for residential projects, these locations offer ample opportunities to make the most of your real estate investment.
As the corridor continues to develop, it presents significant opportunities for career advancement and economic prosperity, making it an appealing choice for job seekers and businesses.
Concorde, a renowned real estate developer in the region, contributes to this growth through innovative projects. Keep a close eye on Concorde's latest updates and upcoming projects near Bangalore Airport to seize the most promising real estate investment opportunities in this thriving corridor. Happy investing!
What are the top real estate investment opportunities near Bangalore airport?
Some of the top real estate investment opportunities include locations like Devanahalli, Thanisandra, Jakkur, Yelahanka, Hebbal, Hennur, Vidyaranyapura, Chikkajala, and Nagawara. These areas have seen significant development, offered excellent connectivity, and featured a variety of residential projects, making them attractive choices for potential real estate investors.
What are the advantages of investing in properties near Bangalore airport?
The advantages of investing in properties near Bangalore Airport are convenience, excellent connectivity, and the potential for higher rental income due to the area's economic growth and rising demand.
Where can I find land or plots for sale near Bangalore airport?
Here are some places where you can find land or plots for sale near Bangalore airport:
- Bande Kodigehalli
These areas are located within a few kilometers of the airport and are rapidly developing.