Top 5 Reasons Why NRIs Prefer North Bangalore for Real Estate Investment
# **Top 5 Reasons Why NRIs Prefer North Bangalore for Real Estate Investment**
Bangalore, often referred to as the Silicon Valley of India, has consistently remained one of the most sought-after real estate destinations for both domestic and international investors. Among its many regions, **North Bangalore** stands out as a preferred choice, especially for **Non-Resident Indians (NRIs)**.
With rapid infrastructure development, excellent connectivity, and booming commercial hubs, North Bangalore is witnessing significant growth, making it a lucrative real estate investment opportunity. Whether it’s for high rental returns, capital appreciation, or a future home in India, NRIs are increasingly choosing this part of the city.
In this blog, we explore the **top 5 reasons why NRIs prefer investing in North Bangalore** and why it’s a smart decision for long-term wealth creation.
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## **1. Proximity to Kempegowda International Airport**
One of the biggest advantages of North Bangalore is its **close proximity to the Kempegowda International Airport (KIA)**. For NRIs who frequently travel to and from India, having their investment close to a well-connected airport is a major benefit.
- The **airport is just 20-30 minutes away** from major residential areas like Hebbal, Yelahanka, Devanahalli, and Thanisandra.
- NRIs who invest in properties here can either use them as **vacation homes** or **lease them out** to frequent travelers, expatriates, and corporate executives.
- With several multinational companies setting up offices in the region, **demand for rental properties** has surged, ensuring **higher rental yields** for investors.
### **Upcoming Developments Near the Airport**
- The **Satellite Town Ring Road (STRR)** and **Peripheral Ring Road (PRR)** will enhance connectivity to different parts of Bangalore.
- The **Bangalore Suburban Railway Project** will provide seamless public transport options.
- Expansion of **cargo and logistics hubs** will increase employment opportunities, attracting a growing workforce.
With such major infrastructural developments, North Bangalore will continue to witness a **rise in property prices**, making it an excellent investment choice for NRIs.
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## **2. IT and Business Hub - The Next Whitefield**
North Bangalore is rapidly transforming into the next major **Information Technology (IT) and Business Hub**, similar to Whitefield and Electronic City. The presence of **Manyata Tech Park, Kirloskar Tech Park, and Embassy Business Park** has already made the region a magnet for professionals and businesses.
### **Key Factors Driving Growth**
- **Manyata Tech Park** houses major global companies like IBM, Cognizant, Nvidia, and Microsoft, creating thousands of job opportunities.
- **Devanahalli IT Park** is an upcoming business district spanning over **400 acres**, expected to boost commercial real estate demand.
- **Aerospace SEZ** near the airport has attracted companies like Boeing, Airbus, and Rolls-Royce, leading to a demand for premium housing.
- **Upcoming Apple iPhone Manufacturing Plant** will further increase employment and residential demand in North Bangalore.
NRIs looking for **high appreciation potential** and **steady rental income** find North Bangalore an ideal investment destination.
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## **3. Infrastructure Development and Connectivity**
North Bangalore’s connectivity is undergoing a massive transformation, making it one of the best real estate hotspots.
### **Key Infrastructure Projects Driving Growth**
- **Namma Metro (Phase 2 & Phase 3)**:
- The **Blue Line of Metro** will connect **KR Puram to the Airport**, reducing travel time drastically.
- The **Green Line** will provide seamless access to the Central Business District (CBD).
- **Bangalore-Mysore Infrastructure Corridor (BMIC)**:
- This will improve traffic movement between North Bangalore and other major parts of the city.
- **Elevated Expressway & Flyovers**:
- The **Hebbal Flyover expansion** will ease congestion, making travel smoother.
- The **Elevated Expressway to the Airport** will ensure quick and hassle-free connectivity.
For NRIs, such rapid infrastructure development means **higher property appreciation** and increased demand for residential and commercial properties.
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## **4. Growth of Luxury and Gated Communities**
Many NRIs prefer investing in **luxury villas, high-end apartments, and gated communities** to ensure world-class living standards for themselves or their families in India.
### **Key Areas for Luxury Investments**
- **Hebbal & Yelahanka**: Known for premium high-rise apartments with stunning lake views.
- **Devanahalli & Nandi Hills**: Ideal for villa and plotted developments, offering scenic beauty and tranquility.
- **Thanisandra & Hennur Road**: Emerging as luxury residential hubs with top-class amenities.
### **Why NRIs Prefer Luxury Homes in North Bangalore?**
- **High Rental Demand:** Expats, corporate executives, and top professionals prefer premium properties, ensuring good rental income.
- **World-Class Amenities:** Developers offer **smart homes, clubhouses, swimming pools, co-working spaces, and 24/7 security** to match international standards.
- **Green Spaces & Serene Living:** Unlike the congestion in South Bangalore, North Bangalore offers **spacious layouts, lush greenery, and peaceful environments**.
With **leading developers like Prestige, Sobha, Brigade, and Embassy** launching **ultra-luxury projects**, NRIs have plenty of options to invest in high-value properties.
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## **5. High ROI and Future Growth Potential**
North Bangalore is witnessing a **consistent rise in property values**, making it one of the most profitable investment destinations in India.
### **Key Factors Driving High Returns on Investment (ROI)**
1. **Land Availability & Expansion:** Unlike saturated areas like Koramangala and Indiranagar, North Bangalore still has **ample land for development**, ensuring steady price appreciation.
2. **Booming Commercial Sector:** IT parks, manufacturing zones, and retail developments are driving **job creation and housing demand**.
3. **Government Initiatives:** Smart City projects, Aero SEZ, and Logistics Hubs will further enhance the **investment potential** of this region.
### **Current and Projected ROI**
- Over the past 5 years, property prices in North Bangalore have grown by **20-30% annually**.
- Experts predict a **50-70% appreciation** over the next 5-7 years, making it a **highly rewarding investment opportunity for NRIs**.
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## **Final Thoughts**
North Bangalore’s **strategic location, booming business districts, top-notch infrastructure, and high ROI** make it the **perfect choice for NRIs looking to invest in Bangalore real estate**. Whether you're buying for **self-use, rental income, or long-term capital appreciation**, this region offers everything needed for a successful investment.
If you’re an NRI interested in **investing in Bangalore real estate**, we can help you find the **best properties** that match your budget and goals.
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