Brigade Oasis - Location
NH648, Lakshmipura, Devanahalli , Lakshmipura Devanahalli, Devanahalli, Karnataka 562110
- Zip Code:562110
Devanahalli, a rapidly growing suburb located to the north-east of Bangalore, Karnataka, India, has been witnessing phenomenal growth over the past decade. The area has emerged as one of the fastest-growing localities in Bangalore, owing to its strategic location and excellent connectivity. It is located around 40 kilometers from the city center of Bangalore and is known for its proximity to the Kempegowda International Airport, which is just 15 kilometers away.
One of the major factors contributing to the growth of Devanahalli is its flourishing IT industry. The area is home to several major industries and IT parks, making it an attractive location for professionals working in these sectors. The presence of several educational institutions, hospitals, and shopping malls in the area provides residents with all the essential amenities required for a comfortable living.
Apart from its commercial significance, Devanahalli also has a rich cultural and historical significance. It is the birthplace of Tipu Sultan, the former ruler of Mysore, and boasts several ancient temples, forts, and monuments that attract tourists from all over the world.
In recent years, the real estate market in Devanahalli has been witnessing a surge in demand, owing to the availability of ample land and the increasing commercial significance of the area. The locality has emerged as a popular destination for real estate investment, owing to its excellent connectivity, range of amenities, and strategic location.
When it comes to investing in real estate in Devanahalli, the price of properties is a crucial factor to consider. The price of apartments in Devanahalli ranges from around Rs. 4,000 to Rs. 7,000 per square foot, while the price of villas or independent houses can go up to Rs. 10,000 per square foot or more. However, it is important to note that property prices in Devanahalli are subject to market fluctuations and can vary depending on several factors such as demand and supply, economic conditions, and government policies.
Therefore, it is advisable to conduct thorough research and seek professional advice before making any real estate investment in Devanahalli or any other location. With its rapid development, rich cultural heritage, and excellent connectivity, Devanahalli presents a promising opportunity for those looking to invest in.
In addition to the factors mentioned above, Devanahalli also boasts of a pleasant climate and a serene environment, making it an ideal location for those seeking a peaceful and healthy lifestyle. The area is surrounded by lush greenery and offers a respite from the hustle and bustle of city life.
Furthermore, the development of Devanahalli is not limited to its commercial and residential sectors. The government has undertaken several initiatives to boost the overall infrastructure of the area. For instance, the Bangalore International Airport Limited (BIAL) has planned to expand the Kempegowda International Airport to accommodate the increasing passenger traffic. This development is expected to further increase the demand for real estate in Devanahalli, making it a hotspot for real estate investment.
Apart from this, the government has also planned to develop a satellite township in Devanahalli, which will provide world-class amenities and infrastructure to its residents. This initiative is expected to further boost the real estate market in the area, making it an attractive investment destination for buyers and investors alike.
In conclusion, Devanahalli is a rapidly growing suburb that has emerged as a hub for real estate investment in Bangalore. With its strategic location, excellent connectivity, range of amenities, and rich cultural heritage, Devanahalli presents a promising opportunity for those looking to invest in the real estate sector. However, as with any investment, it is crucial to conduct thorough research and seek professional advice before making any investment decision.