North Bangalore is gaining a hasty real estate development due to the rapid enhancement of social and physical infrastructure such as Bellary Road (Elevated expressway), Monorail, high-speed rail link and Metro rail, commencement of Bangalore International Airport and excellent connectivity to prime locations and central business district. The proposed Aerospace near the airport and Information technology investment region near Devanahalli are the major growth drivers for residential development in North Bangalore. The proximity to IT growth corridor adds an advantageous to Northern suburbs for residential development.
Demand for affordable housing mostly comes from experts working in North Bangalore, mainly professionals working at Manyatha Tech Park, Kirloskar Business Park, and many other Multi National companies. The real estate market in the North Bangalore is expected to grow in the future. With an increased demand affordable projects are expected to increase in its capital value.
The Bellary Road from Hebbal to Yelahanka is one of the prominent areas in north Bangalore. The stretch has witnessed a significant growth in residential development over the last few years. The enhancement of six ways lane in this road has given much importance to this locality; it provides easy access to Bangalore International Airport. Many reputed developers in Bangalore have started their successful residential projects; this appearance of residential projects in and around the stretch has created a great impact on the development of North Bangalore. Due to the emergence of many real estate complexes, the locality is looking for the brighter prospect. The prominent areas like Ananda Nagar, Hebbal, Sahakar Nagar, Jakkur, Kempapapura, Hebbal, Ganga Nagar and Byatarayanapura will come under this stretch. This belt is witnessing commercial development as well.