Although the majority of Bangalore's residential and commercial roots are found in the central and southern regions, North Bangalore has recently emerged as a real estate hotspot. The area is becoming the most preferred destination because it offers what homebuyers need. North Bangalore has a plentiful supply of 2 BHK and 3 BHK flats in Bangalore that meets the needs of young, new-age homebuyers and in turn accelerating real estate growth.
Find out everything you need to know about North Bangalore, including how the area has evolved and what buyers can expect here in the future.
1. Proximity to Bangalore International Airport
Bangalore International Airport, situated in Devanahalli, is one of the busiest airports in India. The airport handles more than 20 million passengers each year and is the hub of several domestic and international airlines. With the increasing number of people travelling to and from Bangalore, the airport is undergoing expansion plans to accommodate more passengers. This is good news for real estate developers in North Bangalore as the area around the airport is set to see a boom in growth. With better connectivity and infrastructure, North Bangalore is fast becoming the preferred choice for those looking to invest in property in the city.
2. Technology Parks
Popular business parks like Manyata Tech Park and Kirloskar Tech Park are located in North Bangalore. Further, the upcoming Information Technology Investment Region (ITIR) which is spread in 10,000 acres, is situated in North Bangalore. Phase 1 of ITIR is expected to create approximately 1.2 million direct and indirect jobs once completed. The Devanahalli Business Park and Aerospace SEZ Park are two other significant projects that will boost the local real estate market.
3. Infrastructure Development
A number of significant infrastructure projects are being started in North Bangalore that, when finished, might help the region grow. Among the major infrastructure projects in the region are the extension of the Yelahanka Railway Station, the Peripheral Ring Road, and the High Speed Rail Link connecting Central Bangalore and the Bangalore International Airport. With these infrastructure improvements, north Bangalore is quickly becoming a top real estate destination for 3 BHK flats in Bangalore and is expected to experience tremendous growth in the years to come.
4. Social Infrastructure
Apart from being a convenient location for commuters, North Bangalore also offers residents a number of social infrastructure facilities. There are schools, hospitals, and shopping malls nearby, making it an ideal place for families. In addition, the area is home to a number of parks and green spaces, providing residents with ample opportunities to relax and unwind.
With its many advantages, it's no wonder that North Bangalore is fast becoming one of the most sought-after areas in the city.
North Bangalore can be the ideal location for homebuyers to find their dream home and create lifelong memories. Consequently, a 2 BHK or 3 BHK in Bangalore from a reputable real estate developer like MVN Group can give you everything you need to live a comfortable and happy life.
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