the accentuating prospects of devenahalli

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The accentuating prospects of Devenahalli.

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http://gruhakalyan.com/blog/the-accentuating-prospects-of-devenahalli-and-north-bangalore.html



If you think Jayanagar 4th Block, Commercial street, M G Road

and Brigade road are few of the shopping centres of the city of

Bangalore you will be slightly wrong.

The reason is the prospects of North Bangalore are on a high

stride of development because of the Bangalore International

Airport and the improvement of infrastructure in the adjoining

areas.

Accentuating prospects of Devenahalli





There is another reason apart from the IT Parks and SEZs coming up in the

area and that is the growing development of Devenahalli. Devenahalli is very

high on the track of development because of the proposed ITIR (Information

Technology Investment Region) which is planned to be a space dedicated for

the IT offices and companies.

Naturally with all this development in the offing, Hebbal and the adjoining

areas like Yelahanka and others have gained an exceptional importance with

many offices and multinationals booking offices on the airport road.





This gives them the superb connectivity to the central Business districts of the city as well as the connection to the Outer Ring Road (ORR) and they are close to the airport as well.

The city has been slowly realizing the importance of the airport in the vicinity and thus today the stretch to the Airport from Hebbal flyover is dotted with offices, malls and various other social infrastructure amenities and centres.

That is not all the media also reported that there is another plan of Rs. 1000 crore financial city to be coming up in Devenahalli which is also a part of the plan.





Apart from this there are many major IT industry players who are planning to build up their offices nearby. This will inevitably force the growth of the place along the corridor of the Ring Road from Hebbal and the road to the airport.

This is enough for the investors attempting to invest in land and property in and around this area. Not only that from the perspective of building a home as well the area throws up great reasons for staying with all the infrastructure at arm’s length.

Along with this there were plans of the state government to convert the Devenahalli-Hebbal stretch in to a signal free carriage way for faster access to the international Airport.





With such monumental projects in the offing by the government to make Devenahalli an IT investment region and the construction work is already on to a great extent.

There are many major companies of the world and the nation who has agreed to set up their offices. The next is the international Airport and the next reason would be the infrastructure and connectivity improvement of the place.

All these have made the place an attractive location for the corporates not only for the IT sector alone but for all the industries who have set up or have planned to set up their offices.





The expert say that after the completion of all the proposed developments the picture of North Bangalore will change drastically and the land and property prices in and around the place will soar higher than any other areas of Bangalore.

To name one of the major IT Parks near Hebbal would be Manyata Embassy Business Park which is an IT SEZ located close to Hebbal flyover and on the Outer Ring Road.

This had been planned under National Highway Development Programme (NHDP) which is almost completed and this has also made the traffic congestion lessen to a considerable degree.





North Bangalore is an area on the East of Bangalore and all of us know that the area is famous for its concentration of IT companies in different IT parks and Special Economic Zones.

Undoubtedly North Bangalore has all types of realty products and apartments and villas catering to all the segments of the market.

The next comes the mid income segment of housing which is again driven by the IT and the ITeS sector employees.

But the west on the other hand has not been so successful in attracting high end realty apartments or villas mainly due to the infrastructure bottlenecks. This area is mainly the industrial hub of the town with of course many residential areas popping up in the last decade or so.





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the accentuating prospects of devenahalli

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