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One more reason for the Real Estate explosion in North Bangalore is BIAL s Airport City coming near Devanahalli

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As per the sources available to www.propertykhazana.com, the BIAL is purposed its own ‘Airport City’ in the line where the rising concentration begin paid to the ‘Aerotropolises’ internationally. The Bengaluru International Airport Limited has purposed to develop an Airport City of its own in Devanahalli.
Managing Director Irshad Ahmed of Irshad’s Property Matters and President of Bengaluru Realty Association of India (BRAI) said, “BIAL is planning to build on 215 acres of land on the main entrance road to the airport fatal building. And it also widens over the distance of 2.5 km and will also consist of city center locality, business unit, technology centre and a hotel. This city centre locality will be a usual urban activity centre across about 39 acres of land and with also a shopping area with variety trade arrangements, entertainment amenities, offices and hospitality amenities. This Airport City will give much impulsion to the housing development around the airport and in North Bengaluru. The planned connectivity of the Airport City to the rapid pace rail links to the airport and the expressway from the city center area will make it rather nearby as well helping to the decongest city and appears as a dependency township.”
Sources reveal that, the aerospace SEZ which is purposed in North Bengaluru also has three industrial parks on 3000 acres of land. It has also Five Star and Seven Star hotels like Oberio, JW Marriot’s and Fortune Hotel which will be coming shortly and abundance of commercial development is also in the duct with some developers having a vast land post for the growth which is expanding from Hebbal to Devanahalli. Through so much of commercial growth even residential growth will definitely follow.
Source: NIMMA BENGALURU

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