Devanahalli has become one of the most significant localities in the outskirts of Bangalore and of late the developers are grabbing up the land along the highway and beyond and the real estate market is making a brisk business as the prices for properties are shooting up far from imagination. This sudden development is due to the fact that a globally accepted international airport has emerged here. As such various developmental activities are taking place in this locality and the business has become very brisk here. Many residential and commercial complexes have been thriving here and further the Government agencies and private groups apart from the real estate groups have started various construction and development activities. The Northern part of Devanahalli is seeing the development of some industrial parks over the next few years. The BDA on their part have undertaken development of sites and construction of houses under affordable schemes and usually these sites and houses are allotted by the BDA by way of auction. The BIAPPA group has also acquired large areas of land and has started development of plots and sites. The rates of the plots varies between Rs. 40,00,000 to Rs.45,00,000 and the rate of the sites vary between Rs 650/-per sq. ft. to Rs. 700/- per sq. ft. There are also many private groups who have undertaken construction of independent houses/apartments and development of Villas and these houses/villas/apartments are of various dimensions. The rate of these houses/villas/apartments depends on the location of the area and also on the group who undertake their construction work.
Property in Devanahalli
When it comes to the property or the realty segment, Devanahalli occupies the top place in the list. the property rates in this area is appreciating enormously and almost all major Indian and Bangalore builders and developers have acquired their part for future implementation.
Property Rates in Devanahalli
Property rates in Devanahalli have risen like never before and almost all agriculture lands are now DC converted and developers have planned well designed layouts in the Devanahalli Taluk and Hobli. If the revealed sources with the www.propertykhazana.com is believed then an acre of land in the main road or close to the Airport and near to the NH 7 will cost up to 4 crores and lands near the ITC Factory and interior villages will also cost not less than 2-3 crores per acre.
For more details on the property in Devanahalli, one may log on to the website of www.propertykhazana.com.
Apartments, Flats and Property for Sale in Devanahalli
Apartments, Flats and Property for Rent in Devanahalli