Freequently Asked Questions
Can you give a glimpse of the promising future in North Bangalore?
Is Bangalore the right place to make land property investment?
Definitely! As per the survey report Bangalore is placed as the 9th fastest growing city in the world compared to other metro cities. Mumbai stands at the 20th Place. Bangalore is the country’s fourth largest (FMCG) and third largest hub for high net worth individuals.
Bangalore the capital of Karnataka is nicknamed ‘Garden city’ due to its beautiful gardens. It’s also known as the ‘Silicon Valley’ of India because it’s the nation’s leading IT exporter. It is India’s third most populous city. And is already inducted in the list of global cities and categorized as a ‘Beta World City’. All these factors make land very precious in this ever so growing city, and now is the time to make a wise investment in Bangalore.
What about Industrial and business development?
North Bangalore is all set to be the Bangalore of the future. The infrastructural activities like - the 22km stretch of NH-7 from Hebbal flyover to the International Airport, the High Speed Rail Link project from central business district (CBD) to the International Airport, the Metro project, elevated highway, flyovers, underpass, road widening activities, etc., have encouraged everyone to anticipate growth and sharp demand for properties in North Bangalore. All these projects are expected to be completed in a time frame of 2 to 4 years (2010-2014). The widening of Bellary Road (NH-7) and connectivity through the Peripheral Ring Road (PRR), which connects Bellary road, Old Madras, Hosur Road, Mysore road, Magadi Road, Tumkur Road to improve accessibility to Devanhalli (International Airport), has also made this area the most sought after real estate destination.
When is the right time to invest in North Bangalore?
Now is the right time to invest in North Bangalore. At the moment, the property price ranges from Rs. 900 to Rs. 2000 per sqft, which is ideal for making a smart investment. Give it a year or two and the prices will jump remarkably. Another reason why this is an excellent time to invest is because a lot of projects have come up in the last few months and a whole lot more will come up in the coming months. Once the Industrial Hubs and IT Parks start rising up, level by level, so will the prices of these lands will rise exponentially, in no time. So without any further ado make an investment in North Bangalore.
Is it only infrastructure that’s in full swing in North Bangalore?
What about Industrial and business development?
Infrastructure is certainly in full swing, but along with it every other aspect that puts an area into the limelight is also in full swing. Aviation Hub (Aero SEZ), Health Care, Hospitality, Software & Hardware are the top sectors that’ll spring up alongside infrastructure, in a couple of years. Over 12,00,000 employees will be working at over 450 MNCs that will be part of 3,800 acre mega project that’ll comprise of Industrial Hub, Aero SEZ, IT / Hardware Park.
Can you provide company names, sector wise, along with the scope for employment, in North Bangalore?
|Cornerstone Shelters Pvt Ltd||20,000|
|Bagmane Tech Park||39,400|
|Etl Infrastructure Services Ltd||10000|
|Manyata Developers Pvt Ltd||100000|
|Manyata Developers Pvt Ltd||4850|
|Target Corporation India Pvt Ltd||3500|
|Goal Ganga Realty Pvt Ltd||8000|
|Gokaldas Images Infrastructure Pvt Ltd||11450|
|Bangalore International Airport Ltd||99970|
|Ozone Urbana Land Development Pvt Ltd||67790|
|Just Dial Pvt Ltd||20991|
|Prestige Estate Projects Ltd||25000|
|Tata Consulting Engineers Ltd||610|
|Brigade Estate & Projects (P) Ltd||26000|
|Tyco Electronics Corporation India (P) Ltd||5000|
|Tata Housing Development Co Ltd||2655|
|Slk Software Services Pvt Ltd||7000|
|Bose Infra Energy India Pvt Ltd||4000|
|Sun Forest City Ventures Ltd||242000|
|Hindustan Aeronautics Ltd||1631|
|Jupiter Aviation Logisitcs||9000|
|Maxwatt Energy Systems Pvt Ltd||400|
|Karnataka CNC Tech Pvt Ltd||450|
|Dynatech Tool And Devices||500|
|Aero Accessories And Systems Pvt Ltd||500|
|Starragheckert Machine Tools Pvt Ltd||750|
|Ocimum Constructions Pvt Ltd Sy.no 12 (P), Astra||400|
|Healthcare Global Enterprises||Health|
|Sagar Health Care & Diagnostic Services Pvt Ltd||Health|
|White Oaks Hospital Of Bangalore||Medical Tourism & Hospital|
|Ronald Colaco Inc||Health Club, Club House|
|Dharshita Hospitals Pvt Ltd||Hospital & Medical Tourism|
|Kidney Hospital||Kidney Hospital|
|Narayana Eye Foundation Pvt Ltd||Super Speciality Hospital & Medical Tourism|
|Sahara Medical Tourism||Hospitality Industry|
|Hygiea Informatics Pvt Ltd||Healthcare Technology Consulting And Bpo Service|
|Nandavan Education Trust||200 Bed Multi Speciality Hospital|
|Com Info Hospitality Services Pvt Ltd||5 Star Hotel|
|Shivakar Developers Pvt Ltd||Boutique Hotel|
|Sn Damini Enterprises Pvt Ltd||Hotel Industry|
|Scope Promoters||Hotel Industry|
|Kalyani Developers||5 Star Hotel|
|Vishnuchakra Realtors Pvt Ltd||Star Hotel|
|Redwood Enterprises Pvt Ltd||Hotel And Business Centre|
|Rosh Enterprises Pvt Ltd||Hotel And Resorts|
|AJVJ Hotels & INNS Pvt Ltd||Hotel|
|BR Property Developers Pvt Ltd||4 Star Hotel|
|The Grand Krishna Rooms||5 Star Hotel|
|Dharshita Hotels & Motels Pvt Ltd||4 Star Hotel And Service Apartments|
|Ar International Hotel||Hotel|
|Goel Ganga Realty Pvt Ltd||Hotel|
|JH Patel Hotels India Pvt Ltd||4 Star Budge Hotel And Service Apartments|
|Great City Club Time Ltd||3 Star Hotel|
|Primose Hospitality||5 Star Hotel With Convention And Conference Facility|
Give a brief idea about the SEZ Parks at Devanahalli?
The Government of India clears decks for 12,000 acres ITIR- Information technology Investment region projects in North Bangalore. Also, one of the biggest projects adjacent to the Bangalore International Airport (BIAL), the Devanhalli Business Park (DBP) is expected to attract an investment of $2.2 Billion. With a total area of 413.65 acres owned by Karnataka Industrial Investment & development Corporation Limited (KSIIDC) adjoining the Northern boundary of BIAL.
This DBP will include central business district, multi-specialty hospitals, financial district, retail & entertainment, 5 & 7 star hotels, aviation academy & lots of open space. The Karnataka government cleared investment worth of Rs. 28,000 crores including 1,400- acre Hardware Park promoted by ShapoorjiPallonji inDevanahalli, near Bangalore International Airport.
How big Aero SEZ is going to be?
An aviation hub in Devanahalli is expected to see major US civil and military aviation companies as well as European Aeronautics AndDefense Systems (EADS) pump in up to Rs.125, 000 crores as investment. BEML is planning anRs.316 crore facility in the designed zone to provide design and manufacturing service in aircraft components sub-assemblies & MRO activities. Starracheckart Machine tools plans to invest Rs.127crores for aerospace component unit and will accommodate more than 9 lakh employees.