Why Hebbal Is The Next Upcoming Destination in North Bangalore?
Bangalore is one of those few cities in India that can encourage people to settle down permanently. Apart from the lovely weather all round the year, it is the “Silicon Valley of India”, where jobs are in abundance. The influx of IT companies and startups have elevated the standard of living here. Owing to these factors, Bangalore’s real estate market is among India’s most promising ones. And speaking of promising real estate markets, it is hard not to notice the rise of North Bangalore.
North Bangalore has earned a reputation of being the most desired region in Bangalore. And deservedly so. Some of the biggest corporate companies of the world are located in the prime neighbourhoods of North Bangalore, like Hebbal and Devanahalli.
Hebbal, especially, has various SEZs and IT hubs, giving rise to a huge workforce. As a virtue of which, the demand for luxury housing is increasing day by day. Below are some key reasons that make Hebbal the most sought-after area in North Bangalore.
- Proximity to prime business hubs like Embassy Manyata Business Park, Manyata Tech park, Kirloskar Business Park and Vaishnavi SEZ
- Home to an SEZ at Karle Town Centre
- Proximity to Kempegowda International Airport
- Connectivity to other key areas of Bangalore via Outer Ring Road, railway, and BMTC bus network
- Connectivity to Majestic, Bangalore’s city centre
- Prospect of being part of the Namma Metro phase 2 network
In addition to the above reasons, the development plans for North Bangalore add value to Hebbal’s real estate as well.
Here’s what Hebbal will have in its vicinity in the future-
1. Bangalore Aerospace Park
A 950-acre SEZ is planned to be set up in North Bangalore, which will have a 250-acre special economic zone. It has already attracted investments from 56 large and mid-sized companies.
2. Devanahalli Business Park
Devanahalli, a prime neighbourhood in North Bangalore, is set to house a 413-acre commercial district. It expects to attract a $2.2 billion investment over the next 3-5 years.
3. BIAL ITIR
The Bengaluru International Airport Limited IT Investment Region (BIAL ITIR) is planned to be set-up over 12,000 acres. It has already generated interest from over 55 multinational IT companies including Infosys, Wipro, TCS, and Cognizant.
4. Bangalore International Convention Centre
A 35-acre commercial development is planned to be built next to the Bangalore International Airport.
5. Disney Land theme park
A development over 1000 acres of land is planned by the Department of Tourism to boost Karnataka tourism.
6. India’s first Nano Park
The Government of Karnataka is planning to set up the esteemed institution along with necessary physical infrastructure and support systems.
Once these plans go in their initial phase of development, prices of properties in Hebbal will certainly skyrocket. It would be a wise decision for investors and homebuyers to buy a property as soon as possible.
If you’re looking forward to settle down or invest in Bengaluru, then you should certainly consider Hebbal as your location. A great property to explore is Vario Homes by Karle Infra, which offers 2 & 3 BHK luxury apartments in Hebbal. It is part of Karle Town Centre, a 62-acre integrated township beside the 90-acre Nagavara lake. Explore the amazing project details here (link).