Synopsis: North Bengaluru is emerging as a strong performing residential corridor in Bengaluru with several localities having good property appreciation. The article features the top 5 localities in terms of price growth as well as the infrastructure, connectivity and job creation that drives investment potential.
The airport development, growing up of infrastructure and buyer demand have made North Bengaluru one of Bengaluru’s fastest growing residential corridors. The latest market data shows several localities in the region where property values have risen by double digits, which makes it a good place for homebuyers and long-term investors.
North Bengaluru market at a glance
- Capital appreciation: 16.4% YoY and 4.8% QoQ, which indicates healthy prices as a result of infrastructure investment and robust demand.
- Rental growth: 8.8% YoY and 3.2% QoQ, which would represent positive leasing activity across the micro-market.
- Housing supply: On the upside, new project launches and fresh listings drove an increase in supply of +3.4% YoY and +4.06% QoQ.
- Buyer demand: Increased 3.5% QoQ and 7.0% YoY, indicating some level of recovery in purchases.
In conclusion, North Bengaluru remains one of the hottest residential corridors in Bengaluru with its continued developments due to its proximity to the airport, metro connectivity and other factors.
North Bangalore Loaclities With Maximum Price Appreciation
The North Bengaluru localities have witnessed positive year-on-year capital appreciation as demand in the region has been on the rise, alongside infrastructure development and continued residential development, according to the latest Magicbricks North Bengaluru Market Report (June 2026).
Source: MagicBricks Reports
Yelahanka- 21.55% YoY appreciation
The capital appreciation of Yelahanka was the highest in North Bengaluru with a YoY of 21.55% and a QoQ growth of 4.52%. The high access to the airport, infrastructure development and connectivity improvements are driving a steady demand of buyers and the rise of housing supply in the locality. It also recorded rental growth of 6.10% YoY, which is also good for home buyers and investors.
Devanahalli- 19.76% YoY appreciation
The second highest annual property appreciation was seen at Devanahalli at 19.76%, and 5.55% QoQ. Its close vicinity to Kempegowda International Airport, Airport City, aerospace and logistics hub, regular influx of new residential launches, etc., is continuing to bring in strong investor and homebuyer interest.
Bagalur Main Road-appreciated by 16.24% YoY
With the highest demand growth in the quarter, of 4.53%, and supply growth of 5.51%, Bagalur Main Road posted 16.24% YoY capital appreciation. Investment appeal of the locality is further being strengthened owing to the continuous development of infrastructure like KIADB Aerospace Park, a proposed Satellite Town Ring Road (STRR) and road upgradation.
Thanisandra-8.01% YoY appreciation
Out of the five localities, Thanisandra was the only one to report positive capital growth year-over-year, with a strong 6.35% growth in supply QoQ and 3.47% rental growth. The ongoing urbanisation and significant connectivity with and from Manyata Tech Park, the upcoming Metro station at Nagawara, continue to drive strong demand and long-term growth.
Hennur Main Road: 2.49% YoY
Hennur Main Road gained 5.04% in supply and increased its capital appreciation by 2.49% YoY. Its prime connectivity with the Outer Ring Road, Manyata Tech Park and Kempegowda International Airport, and its residential launches of premium properties, still make it a choice place to purchase homes for the long run.
What’s driving Price Appreciation in North Bengaluru?
- Metro expansion: The Blue Line Metro extension is expected to boost the connectivity between KR Puram and Kempegowda International Airport.
- Road infrastructure: The Peripheral Ring Road (PRR) and Satellite Town Ring Road (STRR) are being built to shorten travel on the road and enhance regional connectivity.
- Demand in the housing segment is projected to further increase due to many hubs of employment in the area, such as the upcoming Devanahalli IT Park, Bagalur Finance City, KIADB Aerospace SEZ, and Manyata Tech Park.
- Demand for residential projects has existed around Kempegowda International Airport, which is expanding and creating a sustained demand for residential projects in the region.
Conclusion
With the recent trend of healthy appreciation in property values in the localities of Yelahanka, Devanahalli, Bagalur Main Road, Thanisandra and Hennur Main Road, North Bengaluru keeps consolidating its status as one of the fastest growing residential corridors in Bengaluru. These micro-markets will continue to be appealing for both residential and extended investment, aided by the expansion of the Metro, airport-led growth, connectivity and the emergence of employment hubs.
