North Bengaluru Real Estate Soars on Airport Expansion, Plotted Projects Gain Strong Traction

Authored by Srinivasan Gopalan, CEO of ArisInfra Solutions Ltd

Bengaluru—India’s Silicon Valley—has always been on the radar for real estate investment, traditionally led by its southern and eastern corridors. Today, North Bengaluru is fast emerging as the new epicentre of growth, driven by the transformative expansion of Kempegowda International Airport (KIA).

This development is redefining the landscape, fuelling a surge in demand for plotted projects alongside both affordable and luxury housing. With infrastructure scaling up rapidly, this shift marks a pivotal moment for investors and homebuyers—a chance to tap into a region poised for exponential growth.

A Gateway to Growth

Kempegowda International Airport (KIA) has long been a strategic asset for Bengaluru, and its ongoing expansion is set to elevate its role even further. As India’s second busiest airport, KIA is a key driver of North Bengaluru’s economic and residential growth. The expansion of runways, terminals, and cargo facilities is not only strengthening international connectivity but also unlocking new economic opportunities.

The planned airport city project is set to boost KIA’s importance, making it a major hub for both international and domestic flights. This will directly benefit logistics and catalyse real estate development in nearby micromarkets such as Devanahalli, Doddaballapur, Chikkaballapur and Yelahanka—areas now seeing a surge in demand for plotted developments and a diverse range of housing options.

With large land parcels becoming scarce in other parts of the city, North Bengaluru offers a compelling proposition for custom-built plots as well as ready-to-move-in homes. Proximity to KIA is a game changer, especially for frequent flyers, aviation professionals, and businesses with global linkages.

This rising demand is reflected in the numbers. Devanahalli has seen a 15–20% rise in property values over the past two years. According to ANAROCK, prices have jumped by 49% over six years—from ₹4,982 per sq. ft. in 2019 to ₹7,400 in July 2024.

Land prices across North Bengaluru have surged 2.5 times between 2020 and 2024, from ₹1,800 to ₹4,500 per sq. ft. These gains are not incidental—they’re the result of strategic infrastructure planning.

With CREDAI Bengaluru projecting annual price appreciation of 8–12%, North Bengaluru is clearly on the cusp of a real estate boom.

Connectivity That Counts

Connectivity is the backbone of any growing region, and North Bengaluru is witnessing rapid progress. The region’s road and rail infrastructure is expanding rapidly, with key expressways like NH 44, Bellary Road, and the Outer Ring Road, along with the proposed Peripheral Ring Road, improving commuting for all.

The Namma Metro expansion (Phases 2 and 3) will soon provide direct connections to central Bengaluru and key IT hubs like Whitefield and Electronic City. These infrastructure projects have significantly enhanced accessibility, transforming North Bengaluru into a well-connected urban hub.

The recent launch of the Dobbaspet-Doddaballapura-Hoskote section of the Satellite Town Ring Road by Prime Minister Narendra Modi highlights the government’s commitment to boosting connectivity. These developments have turned previously quiet areas into vibrant centers, ideal for plotted developments and a range of real estate products suited to modern living.

North Bengaluru’s upgraded infrastructure, including wider roads and extended metro lines, has generated increased interest in land investment. Investors are now urged to capitalise on current property prices, as the region’s transformation signals a prime opportunity for growth.

With infrastructure as a key driver, North Bengaluru offers a diverse range of real estate options—from custom-built plots to apartments and villas, catering to various buyer needs.

A Hub for Work and Life

North Bengaluru’s rise isn’t limited to infrastructure—it’s fast becoming a thriving hub for business and lifestyle. With major employment zones like Manyata Tech Park and the Aerospace SEZ near Devanahalli, the region is attracting professionals and corporations alike.

High-profile developments—such as Amazon India establishing operations near the airport and Foxconn’s recent land acquisition for an iPhone manufacturing facility—highlight the area’s growing economic significance.

This surge in commercial activity is driving residential demand across the spectrum: from plotted developments for those looking to build their dream homes, to luxury residences catering to HNIs, and affordable housing tailored for young professionals.

The presence of reputed educational institutions and healthcare facilities further reinforces North Bengaluru’s reputation as a well-rounded, family-friendly destination. For homebuyers and investors, the combination of career opportunities and quality living makes this region a smart long-term investment.

A Bright Future Ahead

North Bengaluru is no longer the city’s best-kept secret—it’s a real estate destination in its own right. Fuelled by the airport’s expansion, infrastructure upgrades, and economic momentum, the region has carved out a strong identity and is fast becoming the preferred choice for discerning buyers and investors alike.

Plotted developments shine for their flexibility and long-term potential, while the broader real estate landscape offers something for everyone. With growth accelerating and opportunities multiplying, North Bengaluru stands as a beacon for future-ready investment.

For those looking to secure not just a home, but a foothold in Bengaluru’s next growth corridor—the time is now.