The area of North Bangalore includes areas of Banaswadi, HBR Layout, Hebbal, Hennur, Jakkur, Jalahalli East & West, Peenya Industrial Ares, Sanjeevani Nagar, Yeshwant Pur. Areas around Puttanahalli is a green belt. Northern reign has a vast area under eucalyptus and bamboo plantations with horticulture and botanical gardens.
This reign in Bangalore is also marked with various engineering, agriculture, medical and fundamental research institutes and colleges. Various famous industries like BHEL(Bharat Heavy Electronics Limited), BEL(Bharat Electronics Limited), Hindustan Liver and HMT(Hindustan Machine Tools) are also located in this reign, around Jalahalli area. The famous Parsi Tower of Silence is also situated here around Sanjeevini Nagar area and is a tourist destination. Gandhi Krishi Vigyan Kendra is famous for its research in the field of agriculture.
Upcoming Development
The upcoming development of new residential projects in Bangalore North will attract more. The upcoming IT Parks in North Bangalore are Embassy Knowledge Park spreading across 205 acres and the Infosys Park spreading across 350 acres of land which will have more than 12,000 employees approximately.Even next to the Airport 3000 acre of KIADB Arospace,IT and Hardware Park has been developed next to the Airport Devenahalli. A multi-billion-dollar Devanahalli Business Park with two IT Parks are coming up on nearly 400 acres adjoining the airport. An Aerospace Park, Science Park and a 1000 crore-rupee Financial City are also coming up. A new satellite ring road will connect the city with Doddaballapur. Devanahalli is situated near the upcoming $22 Billion, 12,000-acre BIAL IT Investment Region, to be the largest IT region in India. Total infrastructure development in the area is estimated to be well over US $30 Billion over the next two years. With significant commercial and residential development in the area, real estate is in high demand in the region
Connectivity/Namma Metro
In the Phase III of the Namma Metro, a 25 kms line between Nagawara and the Kempegowda International Airport is being planned. The Metro connectivity will play an important role in the growth of real estate in North Bangalore properties tend to appreciate by about 20 to 30 % over time with this connectivity.
Neighbourhood
Hotel chains like the Marriott, Trident, Oberoi, Hyatt, Taj and Holiday Inn have all identified North Bangalore for future projects
Schools and Hospitals
The nearest educational institutions are Gitanjali International School , Oxford School & Akasha Schoo and SLS school on Vijipura road.Hospitals in the vicinity are Akasha Hospital, Columbia Asia Hospital on Doddaballapur Roa and the Baptist Hospital in Hebbal, apart from smaller hospitals and nursing homes in Devanahalli.
Demands in North Bangalore
With so many projects coming up in Devanahalli, the prices here will appreciate for both residential and commercial real estate once these projects kick off .Plots are in demand in Devanahalli as 76% of the projects here are plots, followed by villas at 12% and apartments at 11% .
Projects worth buying in North Bangalore
Prestige Golfshire
The project is spread across 275 acres, is Bangalore's most premium property - Prestige Golfshire. Dedicated to perfecting the art of luxurious living and a culture of leisure, it comes completely with ultra-luxurious mansions, a 300-bed luxury hotel, a private lake and the piece of resistance, an 18-hole championship golf course. A 45-minute drive from the heart of Bangalore and a short 10-minute drive from the new Bangalore International Airport, Prestige Golfshire is as close to Bangalore's business and commercial district as it is away from it all.
About the Builder
The Prestige Group owes its origin to Mr. Razack Sattar, who envisioned a success story waiting to take shape in the Retail Business in 1956 itself. Since its formation in 1986, Prestige Estates Projects has grown swiftly to become one of South India's leading Property Developers, helping shape the skyline across the Residential, Commercial, Retail, Leisure & Hospitality sectors. Shopping Malls and Corporate Structures, spread across all asset classes.
Price
Price of Prestige Golfshire is a valuable price as it has luxurious amenities such as Club house,Convention centre,Golf course and Luxury SPA.The villa has total floor of Ground and 2 floors with 225 total units.Prestige Golfshire is a 4 BHK Villa price is 4 crore and above and rate per square feet is Rs 10,000 and area is 7495-9905 sqft.
Conclusion
North Bangalore is in its initial stage of development with huge projects and IT parks launching in the new era.So North Bangalore will be the next choice of people’s to invest money in Northern part of Bangalore.So lets hope that developments will be done soon so that we can see a new version of Northern Bangalore with the main centre of attraction The Bangalore International Airport.
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Real Estate
Real Estate in Bangalore