Once known for its historical significance, Devanahalli, located on the northern outskirts of Bengaluru, has evolved into one of the most promising real estate investment destinations in the city. Fueled by robust infrastructure development, proximity to the Kempe Gowda International Airport, and rising commercial activity, Devanahalli is becoming increasingly attractive to investors and homebuyers alike.
Let’s dive deep into 5 Quick Reasons that make Devanahalli a high-potential area for residential investment.

Figure 1. Snapshot of the top 5 reasons to invest in Devanahalli

REASON 1: STRATEGIC LOCATION

• Devanahalli’s biggest advantage is its proximity to Kempe Gowda International Airport just around 12 km away.

• Bangalore airport, one of the busiest in India, has seen massive infrastructure expansion, including the operational Terminal 2 and upcoming airport-city projects.

• This proximity makes Devanahalli a preferred residential choice for airport staff, frequent flyers, and professionals working in aviation and related industries.
The area is also witnessing increased activity from logistics companies, hospitality players, and IT parks, all driven by airport connectivity, further enhancing rental and resale value.

REASON 2: INFRASTRUCTURE AND CONNECTIVITY

The region is well-connected to central Bengaluru via NH-44 (Bellary Road), allowing for smooth travel to Hebbal, Yelahanka, and other major hubs. Key infrastructure projects that strengthen the commuting and accessibility:
• Peripheral Ring Road (PRR)
• Satellite Town Ring Road (STRR)
• Namma Metro Blue Line Phase 2B, expected to extend up to the airport
Once up and running, these projects will dramatically improve commuting times and accessibility, making Devanahalli more desirable for residents and investors

REASON 3: PRICE APPRECIATION & RENTAL YIELD

Property prices in Devanahalli have seen healthy appreciation in recent years. As of mid-2025:
• Apartments: ₹8,000 – ₹9,500 per sq. ft.
• Plotted developments: ₹7,000 – ₹8,500 per sq. ft., depending on location and developer

Figure 2. Price appreciation indexation over 5 years
Residential land and apartments in gated communities have appreciated by 12–18% annually over the past three years. Experts predict 8–12% CAGR over the next 3 to 5 years as infrastructure matures and demand continues to climb.
Rental yields are also promising. A 2 BHK apartment in a premium township can fetch ₹25,000–35,000/month, offering gross rental returns of 4–5%, which is above average for other locations of Bengaluru.

REASON 4: JOB MARKET SCENARIO

Devanahalli is at the heart of North Bangalore’s transformation into a major aero, hardware, and IT corridor. Key developments include:
• Aerospace SEZ: Spread across ~950 acres, this park hosts several aviation giants and is part of the Karnataka Industrial Areas Development Board (KIADB) initiative.
• Devanahalli Business Park: A mixed-use business zone near the airport that’s attracting investments in IT, biotech, logistics, and hospitality sectors.
• Upcoming IT Investment Region (ITIR): A proposed massive industrial cluster aimed at attracting technology firms and manufacturers.
With global companies like Boeing, Airbus, and Foxconn setting up shop, employment opportunities are expected to soar, boosting housing demand in the region

REASON 5: FUTURE POTENTIAL

• The CAGR over the next 3 to 5 years is predicted to be 8 to 12% or even higher owing to the establishment of civic and social infrastructure

• Several leading real estate developers have launched large-scale projects in Devanahalli, focusing on integrated living and community planning. These include:
1. Brigade Orchards: A 130-acre smart township with apartments, villas, and ample green space
2. Tata Carnatica: A mega township with plots, luxury apartments, and commercial amenities
3. Birla Trimaya: A premium residential project offering 1–4 BHK homes with top-class facilities
4. Godrej Royale Woods: Focused on nature-themed living with landscaped gardens and modern amenities
These developments are creating self-sufficient neighborhoods with schools, shopping, healthcare, and leisure facilities, boosting lifestyle quality and investment desirability.

Devanahalli is no longer just an airport town; it’s shaping up to be a self-sustained urban zone with immense investment potential. Backed by strategic infrastructure, commercial growth, and large-scale residential projects, the locality is poised for significant transformation.
For investors looking to get into North Bengaluru’s real estate boom early, Devanahalli offers a compelling mix of value, growth, and stability.

*Source: JLL Primary Research

Author: Sumedha Das