Only a few cities in India have the ability to attract and encourage people to settle down permanently. Bangalore is one such city which has inspired visitors from all over the world to relocate themselves here. Popularly recognized for its excellent weather, now it is known as the ‘Silicon Valley of India’.
The areas of Bangalore are known distinctly as Central Bangalore – the commercial and business hub; North Bangalore – the government establishment center; South Bangalore – the residential zone and Eastern Bangalore – the torch bearer of the IT revolution. But, this classification is soon changing through the rise of North Bangalore.
The establishment of the Bangalore International Airport in Devanahalli sowed the first seeds of development in the northern part of the city. Soon, growth accelerated as business, and commercial activity increased with PSUs, aerospace, defense, and IT companies setting up their offices.
Today, the region has sound social and physical infrastructure. Several large-scale projects, including Devanahalli Business Park, IT-SEZs, and Bangalore International Convention Centre, are in the pipeline. These projects are expected to further catalyse the region’s growth in the times to come.
Bangalore is now witnessing a new reformation and it has started in North Bangalore region. This region is the focus of attention ever since the operation of the Kempegowda International Airport in the year 2008. It is the fastest growing region in the city and is becoming the next residential and commercial destination.
Proximity to the Airport, Availability of Space, Upcoming Tech Parks, Improved Connectivity and Real Estate Development are the major factors of increasing demand in this region. The prominent locations of North Bangalore are Devanahalli, Hebbal, Doddaballapur Thanisandra, Hennur and Yelahanka.
Bangalore, housing more than 900 IT firms, currently employs about 35% of India’s IT professionals and fortunately, this scenario is also soon going to change. Experts have predicted that it is the right time to invest in North Bangalore for gaining maximum returns.