North Bangalore is fast becoming a bustling business corridor dotted with IT offices, Hardware Tech Parks, Malls, Housing and other retail spaces.
Once seen as a pre-eminent centre for research and industrial activity, it has transformed into a knowledge hub and is
home to several Fortune 500 companies.
Purva Aerocity is a huge tech park under construction at a walkable distance from Spice North Greens.
Prestige Tech Cloud is another huge tech park at a walkable distance from Spice North Greens.
Foxconn hardware manufacturing facility in a 300 acre huge land parcel in ITIR is almost ready to make Apple Products - iPhones etc. with US $2 to 3 billion investment (equal to 20k crores).
Foxconn is located at a convenient 10 minute drive from this layout.
Ever since the Bengaluru International Airport (KIA) is shifted to Devanahalli, companies have been migrating in that direction. Rentals are also then moderate compared to the traditional IT hubs in the south and east.
An Aerospace SEZ came up near Devanahalli.
A Financial City is under construction near Devanahalli.
Information Technology Investment Region (ITIR) in 12000 acres between Devanahalli and Doddaballapur are other
infrastructure initiatives expected to come up and which are expected to drive a residential boom in this region.
A lot of the movement has been towards Manyata Embassy Business Park, an IT SEZ located on the Outer Ring Road and close to Hebbal.
The business park is said to be hosting 2 Lakhs IT employees now.
IBM & Philips have had a strong presence there, along with NXP Semiconductors. Companies: IBM, Target,
Cognizant all have big presence in this location.
There is a clear movement towards Sadahalli, Chikkajala & Doddajala near Spice North Greens. The east quadrant is getting too congested. So the north is emerging as a preferred destination for IT firms. There is also now more action in the residential space in the areas like Yelahanka, Doddaballapur Road, Doddaballapur, New Airport Road.
Biggest mall in Bangalore came up in North Bangalore: Phoenix Mall of Asia.
Biggest mall in north Bangalore is under construction at Sadahalli signal - 4M mall.
Several 5 star hotels also came and and many are under construction nearby.
Prestige Tech Cloud - an IT park came up at just 4km.
Lodha Developers is developing 100 acres ITC factory into a world class integrated township. Its located just 3km from Spice North Greens.
The top builders in the country have started building new apartment complexes and integrated townships near
Bangalore International Airport located at a convenient distance of Spice North Greens.
Developers - Prestige Estates, Bharatiya City (Nikoo Garden Estate in Sadahalli), Embassy Group (Embassy Springs),
Lodha Developers (Lodha Sadahalli), Godrej Properties, Tata Housing (Tata Carnatica & Varnam), Century Real Estate (Century Traila), Birla Properties (Trimaya), Karle Infra Projects, Sobha Developers, Bearys Group, Godrej Properties, G Corp and Legacy Group are all coming up with projects.
Prices are between Rs 11,000 and Rs 20,000 per sft.
According to a Research, Bangalore North will witness a creation of 15 to 20 Lakhs IT and Hitech jobs by 2027, creating a huge demand for housing nearby.
Many IT companies are shifting nearby. There is greater scope for expansion here.
Upcoming Metro connection to Devanahalli airport with Doddajala Metro station nearby to all corners of the city, great connectivity is being provided to all corners of the city.
North Bangalore is emerging with the best infrastructure. The elevated road from Hebbal to Yelahanka, Metro Rail extension
and Suburban Rail link to the airport from the city center will foster better connectivity in addition to existing
16 Lane elevated expressway to the airport.
Read more blogs about North Bangalore
