Foxconn’s 300-acre Devanahalli iPhone campus is nearing completion, with production expected to begin by early June. Worker dormitories for about 30,000 people are due for completion by year-end. Karnataka Industries Minister M.B. Patil said Apple CEO Tim Cook confirmed most iPhones sold in the US during the June quarter would be made in India.

ANAROCK data shows Devanahalli land prices rose 30%–40% in the past year, doubled in three years and climbed 150%–175% in five years. STRR plots cost ₹5,500–6,000 per sq. ft.; Grade A projects reach ₹7,500–8,000, with annual appreciation of 20%–28%. IVC Road villas start at ₹5 crore for 2,400 sq. ft.; White Lotus starts at ₹6 crore, while Sobha Oakshire and Sobha Lifestyle exceed ₹5 crore. Brigade Orchards villas rose from ₹2.5–3 crore a year ago to ₹5 crore. Plots priced at ₹2,200–2,500 per sq. ft. in 2022 now exceed ₹8,000. Apartments range from ₹80 lakh for a 2BHK to ₹1–2 crore for a premium 3BHK.

Devanahalli rents rose 30% between 2024 and 2025. A gated-community 2BHK rents for about ₹25,000, up from ₹12,000–13,000; yields are 1%–3%. Villa rents start at ₹1.5 lakh monthly and reach ₹2.5 lakh at Sobha Lifestyle. North Bengaluru’s share of launches rose from 23% in 2023 to 31% in 2024; Devanahalli apartment listings increased 30% this year.

Karnataka Chief Minister Siddaramaiah announced a proposed Namma Metro extension to Devanahalli in the 2025 state Budget. It is expected to improve North Bengaluru connectivity and last-mile access, although traffic congestion, limited public transport and occasional waterlogging remain challenges. The region is 20–30 km from the city centre.

Bengaluru’s Purple Line has 37 stations across 43 km, from Challaghatta to Whitefield (Kadugodi); the Green Line has 30 stations across 30.5 km, from Nagasandra to Silk Institute.

North Bengaluru accounted for about 33% of new property launches in 2024, up from 23% in 2023. Affordable 2BHK apartments cost around ₹60 lakh; premium units start at ₹1.5 crore. In emerging rental hotspots, 2BHK rents are ₹35,000–₹38,000 monthly, with experts forecasting 20–25% rental appreciation in 2025. Land costs ₹6,000–₹8,000 per sq ft and apartments ₹10,850–₹17,870 per sq ft. Amazon India moved office operations closer to the airport; Foxconn acquired land near Devanahalli for an iPhone manufacturing facility.

The National Highways Authority of India (NHAI) has begun work on the Bengaluru–Vijayawada Expressway, which will pass through Devanahalli and Chikkaballapur, improving connectivity between Bengaluru and Andhra Pradesh and reducing travel time to Vijayawada.

The expressway adds to infrastructure planned around Kempegowda International Airport, including the Bengaluru Suburban Railway, Peripheral Ring Road and Satellite Town Ring Road (STRR). Devanahalli is also projected as an economic hub, with the Aerospace Park, IT Investment Region (ITIR) and Hardware Tech Park among major upcoming developments.

Real estate experts expect improved access and employment opportunities to drive residential and commercial expansion. Realtor Raghupathi Bhat said land prices and developer inquiries had already risen, including interest in gated communities, commercial complexes and logistics parks. Industries are expected to establish operations in and around Devanahalli.