Metro Expansion to Devanahalli | A Game Changer for North Bengaluru

The much-anticipated Namma Metro extension to Devanahalli, announced in the Karnataka Budget 2025, is set to reshape North Bengaluru's real estate landscape. With improved connectivity and last-mile accessibility, the region is expected to witness a surge in property demand, making it a preferred destination for both homebuyers and investors.

Rising Demand in North Bengaluru

Once considered a distant suburb, North Bengaluru has evolved into a thriving hub for real estate and commercial growth. Its proximity to Kempegowda International Airport, expanding IT corridors, and upcoming infrastructure projects have fueled its transformation. However, traffic congestion and limited metro connectivity have remained significant challenges.

According to real estate experts, the metro expansion will make the area more accessible and drive up property values.

"Currently, affordable 2BHK apartments in North Bengaluru are priced around ₹60 lakh, while premium homes can go up to ₹1.5 crore. With enhanced connectivity, demand is expected to surge," says Kiran Kumar of Hanu Reddy Realty.

Infrastructure Challenges and Growth Potential

While North Bengaluru has seen rapid real estate expansion, infrastructure constraints still persist. Traffic congestion, limited public transport options, and last-mile connectivity issues have impacted daily commutes.

The Purple Line of Namma Metro currently runs from Challaghatta to Whitefield, spanning 43 km with 37 stations. The Green Line, extending from Nagasandra to Silk Institute, covers 30.5 km across 30 stations. With the proposed Devanahalli metro link, these lines will offer seamless connectivity to the city's northern outskirts.

Surging Real Estate Investments

As per NoBroker data, North Bengaluru accounted for 33% of new property launches in 2024, a significant rise from 23% in 2023. Key areas like Devanahalli, Yelahanka, KIADB Aerospace Park, Hennur Road, and Thanisandra are witnessing a boom in demand.

Notable corporate investments are also driving real estate momentum. Amazon India recently moved its office operations closer to the airport, boosting real estate activity. Meanwhile, Foxconn’s recent land acquisition near Devanahalli for an iPhone manufacturing facility is further attracting investors.

Future Outlook: A Booming Investment Hub

Experts believe North Bengaluru is on the verge of a real estate revolution. Locations such as Devanahalli, Bagalur (near the airport), and Nelamangala are becoming hotspots for rental appreciation.

"We anticipate a 20-25% rental growth in 2025 as demand continues to rise," says Sunil Singh, Director of Realty Corps.

Currently, land prices range from ₹6,000 to ₹8,000 per sq ft, while apartments are priced between ₹10,850 and ₹17,870 per sq ft, depending on location and property type.

With corporate relocations, metro expansion, and rising rental demand, North Bengaluru is set to become one of the most sought-after real estate destinations in the city.