Overview of NH-7, Bangalore

NH-7, also known as the Bangalore-Hyderabad Highway, is a significant locality in Bangalore for real estate. Here are some important considerations if you want to buy or rent property in this area.

Strategic Location

• NH-7's position near Kempegowda International Airport makes it perfect for both houses and businesses.

Infrastructure Development

• Major upgrades are happening. Bellary Road (NH 7) is being expanded to an 8-lane highway. The Bengaluru Metro’s Airport Line is another project that will boost connectivity.

Real Estate Market Dynamics

• Residential and commercial projects are increasing here. In zones like Devanahalli, the development is swift due to airport growth.

  • Devanahalli Micro Market:
    • Sales: Around 10,900 homes sold between Q1 2015 to Q4 2022.
    • Inventory: Roughly 2,900 homes left.
    • Size: Mostly INR 40 lakh to INR 80 lakh tickets.
    • Selling Price: About INR 5,250 per square foot.

Residential Micro Markets

• Several residential areas along NH-7 are popular with buyers and renters:
  • Devanahalli: Noted for historical roots and rapid development, it's near big IT hubs and the airport.
  • Hebbal: An evolving real estate hub. Used to be a small village, now busy, thanks to its Outer Ring Road location and the upcoming metro link.
  • Hennur Road: A suburb expanding fast in residential interest, close to IT centers and major business areas.

Amenities and Connectivity

• Transport: Connected to places like Kempegowda Bus Station, KSR Bengaluru Railway Station, and Yeshwanthapura Junction Railway Station. Airport just 12 km away.
• Facilities: Growing range of schools, clinics, entertainment options, and shopping malls.

Future Prospects

• Part of major projects, like the Bengaluru Aerospace Park and Aerotropolis initiative, bringing big job opportunities by 2030. The Atal Bihari Vajpayee Udyan (a 320-acre park in Yelahanka) will enhance life quality.

PropertyWala's Conclusion

NH-7, Bangalore, shows promise for both buyers and renters due to its prime spot, upgraded infrastructure, and rising real estate market. Near major IT hubs, airport, and upcoming projects, it's a top choice for those valuing ease, linking, and long-term gains. With ongoing growth, it's set to stay a lively, attractive place in Bangalore's real estate market.