Best Areas in North Bangalore for NRI Investment
Best Areas in North Bangalore for NRI Investment
North Bangalore has become one of the most sought-after investment destinations, particularly for NRIs looking for high returns and long-term growth. With its excellent infrastructure, proximity to Kempegowda International Airport, and upcoming tech parks, North Bangalore offers lucrative real estate opportunities. If you’re an NRI considering investment in Bangalore, this guide will help you explore the best areas and why they are ideal for real estate investment.
Why North Bangalore is the Best Investment Hub for NRIs?
Before we dive into specific localities, let’s understand why North Bangalore is attracting massive real estate investments:
1. Proximity to the Airport
The presence of Kempegowda International Airport has boosted real estate demand, making it a prime location for both residential and commercial projects. Many investors prefer North Bangalore for easy international connectivity.
2. Upcoming Infrastructure Developments
The Bangalore Metro (Phase 2B), Peripheral Ring Road, and several expressways are being developed, further enhancing accessibility. These developments will significantly increase property value in the coming years.
3. Growing IT and Business Hubs
North Bangalore is home to Manyata Tech Park, KIADB Aerospace SEZ, IFCI Financial City, and Devanahalli Business Park. With MNCs and tech companies expanding their presence, real estate demand is set to rise.
4. Affordable Luxury Properties
Compared to South and Central Bangalore, North Bangalore offers premium properties at more reasonable prices, making it an ideal destination for NRIs looking to invest in high-end developments.
Best Areas in North Bangalore for NRI Investment
1. Hebbal – The IT and Commercial Hub
Why invest?
• Home to Manyata Tech Park, which houses top MNCs.
• Excellent connectivity via Outer Ring Road and Bellary Road.
• Presence of high-end residential projects with luxury amenities.
Best investment options:
• Premium apartments
• High-rise luxury condominiums
• Commercial office spaces
Price Trends:
• Property prices range between ₹12,000 - ₹18,000 per sq. ft., with appreciation expected due to ongoing commercial expansion.
2. Yelahanka – A Growing Residential Hub
Why invest?
• Well-planned locality with excellent social infrastructure.
• Proximity to Kempegowda International Airport and IT parks.
• Presence of top educational institutions like Ryan International School and Canadian International School.
Best investment options:
• Gated community villas
• Independent houses
• Affordable apartments
Price Trends:
• Current rates range between ₹7,000 - ₹12,000 per sq. ft., making it an affordable choice for long-term investors.
3. Devanahalli – The Future of Bangalore Real Estate
Why invest?
• Home to Bangalore International Airport, ensuring high rental demand.
• Major projects like KIADB Aerospace Park, Devanahalli Business Park, and BIAL IT Investment Region (ITIR).
• Presence of luxury townships and villa projects.
Best investment options:
• Plotted developments
• Luxury villas
• Premium apartments
Price Trends:
• Prices are currently around ₹5,000 - ₹9,000 per sq. ft., with a high appreciation rate due to upcoming infrastructure projects.
4. Thanisandra – The Upcoming Realty Hotspot
Why invest?
• Close to Manyata Tech Park and Outer Ring Road, making it a prime area for IT professionals.
• Well-connected to major parts of Bangalore via the upcoming Metro Phase 2B.
• Increasing demand for high-end residential projects.
Best investment options:
• High-rise apartments
• Premium gated communities
• Commercial spaces for rental income
Price Trends:
• Property prices range from ₹9,000 - ₹15,000 per sq. ft., expected to rise further with metro expansion.
5. Hennur Road – The Rising Residential Destination
Why invest?
• A well-developed area with proximity to Manyata Tech Park and other IT hubs.
• Offers a blend of affordable and luxury housing options.
• Growing rental demand due to IT professionals moving to the area.
Best investment options:
• Villas and townhouses
• Premium apartments
• Plotted developments
Price Trends:
• Prices range from ₹8,000 - ₹13,000 per sq. ft., with steady appreciation.
Types of Investment Options for NRIs in North Bangalore
As an NRI, you have multiple real estate investment options in North Bangalore, including:
1. Luxury Apartments – Ideal for rental income and long-term appreciation.
2. Villas & Independent Houses – Suitable for high-end investors looking for premium properties.
3. Commercial Spaces – Offices, retail spaces, and co-working hubs in high-demand business areas.
4. Plotted Developments – Affordable investment with potential for high resale value in the future.
Key Investment Tips for NRIs
1. Check RERA Compliance – Ensure the property is registered under RERA Karnataka for legal safety.
2. Choose a Reputable Developer – Opt for properties by trusted builders like Brigade, Prestige, Sobha, Godrej, and Embassy.
3. Plan for Rental Income – Investing in areas with high rental demand ensures steady passive income.
4. Understand Tax Implications – NRIs are subject to TDS and capital gains tax on property investments in India.
5. Opt for Loan Financing – NRIs can avail of home loans from Indian banks, making investment easier.
Why Invest Now?
• Metro connectivity expansion is increasing real estate demand.
• Government infrastructure projects are driving property appreciation.
• Growing IT hubs and job opportunities ensure steady rental demand.
• Affordable rates now compared to future price hikes in these emerging localities.
If you are an NRI looking for the best real estate investment options in Bangalore, North Bangalore offers high returns, rental income, and long-term appreciation.
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