North Bangalore Witnesses Surge in Residential Demand Fueled by Commercial Growth
The burgeoning commercial activity in North Bangalore has ignited a parallel surge in residential demand, resulting in a flurry of new residential projects. These new developments cater to a wide spectrum of budgets and preferences, encompassing both apartments and luxury villas.
Diverse Housing Options Across Budget Segments
Bangalore's residential market offers a diverse range of options, spanning premium, mid-range, and luxury segments. Areas like Thanisandra, Yelahanka, and Doddaballapur, particularly locations near the airport, present attractive mid-segment housing opportunities for buyers. For those seeking opulent living experiences, Hennur Road, Kogilu, and certain pockets of Thanisandra boast an array of luxury properties.
Luxury Apartments and Villas Drive High-End Market
The Hebbal-Yelahanka stretch of Bellary Road, encompassing areas like Hebbal and RMV II Stage, features luxury apartments priced between Rs 8,000-12,000 per sqft. The region extending beyond Devanahalli to Doddaballapur is gaining significant traction, showcasing a diverse collection of high-end villa projects and plot developments. Prices in this area typically range from Rs 6,800-12,000 per sqft, with property sizes varying between 2,500-7,000 sqft.
Plot Developments Attract Investors and High-Net-Worth Individuals
Plot development projects in the same region present a more affordable option, with prices ranging from Rs 2,150 to 4,000 per sqft. Both plots and luxury flats in this area appeal strongly to high-net-worth individuals and investors, serving as desirable holiday or retirement homes. Apartments along Nandi Hills Road are also attracting keen interest, with prices ranging between Rs 7,300-10,000 per sqft. Vijayapura offers new flats for sale in the more accessible price bracket of Rs 4,500-5,050 per sqft.