Three Reasons to Invest in North Bangalore Now
In the past few years, North Bangalore has witnessed a rising demand for real estate and with good reason – the region has seen massive growth and development. With the Bangalore International Airport only a few kilometres away, the upcoming metro and rail connectivity to the city and with the area attracting a multitude of major companies, it’s set to become even more prominent.
Hence, investing in apartments in North Bengaluru now is a good idea. But that is not enough.
So here are three reasons why you should invest in North Bangalore:
- The Rising Demand
North Bangalore has been gaining increased demand by the year ever since the Kempegowda International Airport was shifted to the area. Karnataka houses nearly two-thirds of the aerospace manufacturing of the country. As a result, over 250 acres of land has been designated as a Special Economic Zone (SEZ) in Devanahalli to serve aerospace-related trade operations while eliminating duties and tariff, making it easier on companies and business.
- Burgeoning IT Sector
With more and more multinational companies entering the area, Hebbal sees an influx of people and jobs, specifically in the IT sector. This is in addition to Nagawara, which is home to the 300- acre Manyata Embassy Business Park (also known as Manyata Tech Park) that houses over a hundred thousand professionals.
- Well Maintained Roads
On account of its proximity to the airport, the roads are wide and well-maintained. NH7 allows explicitly for easier access to different areas in Bangalore, including the airport. There are plans to improve on this even further. Plans are also in place for a metro to be built in this area in the next phase. With one metro station set to be located at the tech park entrance, it would improve connectivity while also increasing the property value and investment return.
As we can see, the Karnataka Government has joined hands with many companies to develop the North Bangalore area to make it the next hot investment destination. It’s a location with significant potential demand, so it’s best to strike while it’s still growing.
Here are the projects offered by Brigade in North Bangalore.
Kino at Brigade Orchards
Brigade El Dorado
Brigade Orchards Luxury Apartments
Brigade Orchards Parkside Senior Living