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Flats Under 4 Crore for sale in Lakshmipura Devanahalli, Devanahalli, Bangalore
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About Properties In Lakshmipura, Devanahalli, Bangalore for Sale
Overview of Devanahalli
- Devanahalli is a developing suburb in North Bangalore.
- It is a well-planned locality with lush greenery and pleasant open spaces.
- Devanahalli is famous for in-demand plots, villa projects, and upcoming residential areas.
- The locality is emerging as a major hub for IT, Aerospace, and Hospitality.
- With its incredible proximity to the airport, Devanahalli is a good investment location.
- Residents enjoy easy access to excellent connectivity and social infrastructure.
- Greenery is abundant in this locality and offers a serene living environment.
- The PIN Code of Devanahalli is 562110.
Devanahalli Residential Market Insights
- The average price of a flat in Devanahalli is ₹ 9,100 per sq. ft.
- Residential Market of Devanahalli is dominated by land/ plots followed by Multi-storey Apartments and Villas.
- The average price of 1 BHK flat in Devanahalli can range from ₹ 48 lakh to ₹ 95 lakh.
- The average price of 2 BHK flat in Devanahalli can range from ₹ 78 lakh to ₹ 1.30 crore.
- The average price of 3 BHK flat in Devanahalli can range from ₹ 1.5 crore to ₹ 2 crore.
- The average price of 4 BHK flat in Devanahalli can range from ₹ 2 crore to ₹ 4 crore.
- The average price of a plot in Devanahalli can range from ₹ 25 lakh to ₹ 4 crore.
- It is important to note that the price range for properties in Devanahalli can vary depending on its exact location, builder’s reputation, and the type of property.
- Upcoming integrated townships and residential projects have spurred a significant real estate growth in Devanahalli.
- Due to its proximity to employment hubs and the international airport, Devanahalli is one of the best rental places in Bangalore.
- The average monthly rental value for a property in Devanahalli is ₹ 16,000 to ₹ 40,000.
Connectivity and Transportation In Devanahalli
- Devanahalli benefits from having Kempegowda International Airport at a distance of just 6 km. It attracts major investors and boosts the real estate market here.
- The locality has a dedicated Devanahalli Railway Station. It serves as a vast rail connectivity to the locals and benefits the daily commuters.
- Major road connectivity in Devanahalli is served by Bellary Road (NH-44) and Devanahalli Main Road.
- Other important roads in Devanahalli are Srinagar-Kanyakumari Highway, Prasannahalli Main Road, Bettakote Lake Road, Brigade Orchards Spinal Road, and many others.
- Public transports like Auto Rickshaws, Buses, and Online Cabs are also available in Devanahalli. They serve as a convenient option for travel within the region.
- The locality is easily accessible from other key areas of Bangalore, offering excellent convenience to the travellers.
Social Infrastructure In Devanahalli
- Reputed hospitals in Devanahalli are Trust Aid Hospital, Akash Super Speciality Hospital, The North Bangalore Hospital, and N. R. V. Hospital.
- Some of the educational institutions in Devanahalli are Daffodil School, Akash International School, Shanthinikethan Public School, Nalanda College of Education, IIBS Bengaluru Airport Campus, M. S. Centre for Advanced Studies, etc.
- Shopping centers near Devanahalli are Shoppers Stop, Max Fashion, Narendra Silk Crafts, First Cry, A. S. Electronics, etc. They fulfill the diverse needs of the locals.
- Marketplaces near Devanahalli are Drogher's Hub Supermarket, Bazaaro hyper market, Pari Fresh Super Market, Chanakya University Mini Mart, etc. These offer residents quick access to daily necessities.
- Luxurious hotels near Devanahalli are the JW Marriott Bangalore, Shivas Gateway Hotel, Regenta Inn, The Pine Loft Villa, Bloom Hotel, and Moxy Hotel. These places offer highly comfortable accommodations.
Employment Opportunities In Devanahalli
- With the presence of KIADB Aerospace Special Economic Zone (SEZ) and KIADB IT Park, Devanahalli offers good employment opportunities within the locality.
- The upcoming BIAL IT Investment Region is expected to boost job opportunities for the locals.
- Proximity to the Airport is transforming Devanahalli into a Technology and Industrial Hub. This will result in boosted employment in the locality.
Lifestyle In Devanahalli
- Access to an excellent connectivity nexus and social infrastructure allows residents to enjoy a convenient lifestyle.
- Devanahalli Fort is a notable historic landmark and a popular tourist destination in this locality.
- Devanahalli has several recreational facilities within its vicinity. They are Devanahalli Kere, Signature Club Resort, Vasundari Resort, Happy Retreats Hotel, Avathi Lake, etc. These are known to offer quality leisure time.
- Several restaurants in Devanahalli are Tawa Tadka Restaurant, Sri Devi Bhavan Hotel, Hotel Nandini Upahar, Indian Paratha Company, Tajj Restaurant, etc. These are popular for serving delectable food in this locality.
- Along with convenient connectivity and good social infrastructure, there are several green spaces in Devanahalli, allowing residents to relax and refresh. This makes Devananhalli a good place to live in.
Safety and Security In Devanahalli
- Devanahalli is one of the safest localities in Bangalore.
- It is a family-friendly locality where proper security measures are followed.
- There are several police stations within easy reach of locals.
- Police patrolling is conducted regularly in public and residential areas to ensure safety is well-maintained within the locality.
Development and Future Prospects In Devanahalli
- Devanahalli is planned to be developed as a major IT Investment Region (ITIR).
- The upcoming Blue Metro Line will connect Devanahalli via Kempegowda International Airport Terminal.
- The planned metro line will offer access to KR Puram and HSR Layout.
- Airport proximity and increasing technology and industrial hub presence are transforming Devanahalli into a significant employment hub.
Cultural and Community In Devanahalli
- Devanahalli offers a diverse and lively community.
- Devanahalli is an attractive investment destination and hence is home to people belonging to diverse cultural backgrounds. This promotes diversity and unity here.
- Various religious places in Devanahalli are Venugopalaswamy Temple, Jain Temple, Siddhalingeshwara Temple, Kalamma Temple, and Ranganathaswamy Temple.
- Cultural centers near Devanahalli are NLD cultural hall, Bangalore International Centre, East Cultural Association, etc. These are known to host various types of cultural events, gatherings, and programs
Environmental Factors In Devanahalli
- Devanahalli offers a pleasant living environment with lush greenery in the surroundings.
- There is the presence of numerous green spaces, lakes, and forests that allow residents to enjoy peaceful living.
- Various green spaces and natural spots near Devanahalli include Tarahunise Lake, Dodajala Lake, Hennur Bamboo Forest, Avalahalli Forest, Agrahara Lake Park, etc.
- Several gardens and parks in Devanahalli are Kodimanchanahalli Tree Park, Jade Garden, Tulips Garden, Jakkur Lake Community Garden, etc. They add to the greenbelt of the locality.
Flat Configuration In Devanahalli
- Devanahalli offers flat configurations of 1 BHK, 2 BHK, 3 BHK, and 4 BHK.
- 2 BHK is the most preferred flat configuration by homebuyers in Devanahalli.
- Real estate market of Devannahalli is mainly dominated by Plots, Villas, and Residencies.
Property Price Growth In Devanahalli
- Properties in Devanahalli have witnessed YOY price growth of 22% approx.
- In the last 3 years, the property price growth in Devanahalli has been around 60%.
- Devanahalli is an excellent option for those seeking a long-term investment plan with high potential for good ROI.
- Several upcoming residential properties, including high-end integrated townships and gated communities, are expected to boost the real estate development in Devanahalli.
- Major infrastructural developments and increasing housing demand are expected to result in higher growth in property value in Devanahalli.
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