Real-estate in Bangalore Seeing Commercial Development

The stretch with the area in the Hebbal flyover upto Devanahalli is abuzz with plans for most commercial projects. The latest Global Investors’ Meet, brought the bradenton area into focus. Many industries have evinced keen interest in the 3 industrial parks which are coming up on 3,000 acres of land in this field and you will be prepared to occupy by the end of this year.


The widening with the Bellary Road and future connectivity with the planned Peripheral Ring Road (PRR) in addition has made this area a sought-after one. The PRR is aimed to get in touch Tumkur Road, Hosur Road, Mysore Road, Magadi Road, Bellary Road, Old Madras Road, and improve use of Devanahalli. Re-decorating spurring interest in residential options around these areas.

Based on findings from real estate firms, there are certain locations like north Bangalore which are buzzing with activity. This is due to infrastructure developments just like the new airport terminal, the metro project, flyovers, underpasses and road widening activities, which can be encouraging developers who anticipate a rise sought after. “Presently, real estate in North Bangalore is undergoing rapid transformation as a result of commercialization. Also, it’s noticeable how the region has significant residential real estate activity, as well as commercial developments.

The supply of land parcels for commercial development is amongst the main factors driving development of Real-estate in North Bangalore. The demand continues to grow without corresponding supply in the pipeline, aside from the existing tech park here. Other significant factors include the proximity towards the airport, road projects and upcoming residential and hospitality developments.

Over 3,000 acres of land, hardware, IT/BT and aerospace parks is going to be coming up nearby the airport terminal. There is also provision to produce residential facility for those working in those industrial plants within 250-300 acres of land. Many of the leading developers of Bangalore and Karnataka Housing Board (KHB) have been provided land. 100 acres have been sent to the KHB and 25 acres to private developers. Many of the projects happen to be approved and some are under consideration. While Ninety percent with the space is going to be allocated for industrial and commercial activities, Ten % with the space is available to housing.

You can find land parcels well over 10 acres for sale in this micro market. The Prestige Falcon City as well as the Greater Peenya project coming up can also get a tremendous relating the development in this field, owing to the connectivity factor.

Additionally, development of infrastructure is taking high priority in this region.
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