{"id":4675,"date":"2026-02-08T22:13:02","date_gmt":"2026-02-08T16:43:02","guid":{"rendered":"https:\/\/tradebrains.in\/money\/?p=4675"},"modified":"2026-02-08T22:13:05","modified_gmt":"2026-02-08T16:43:05","slug":"devanahalli-real-estate-is-it-the-new-gurugram-of-bengaluru","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/money\/devanahalli-real-estate-is-it-the-new-gurugram-of-bengaluru\/","title":{"rendered":"Devanahalli Real Estate: Is It the New Gurugram of Bengaluru?"},"content":{"rendered":"\n
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Synopsis<\/strong>: Driven by its airport and infrastructure development, Devanahalli has a good potential to become the best satellite city of Bengaluru, although it is important to make it happen proactively to avoid the traps of the latter city.<\/em><\/p>\n<\/blockquote>\n\n\n\n

Bengaluru is the Silicon Valley of India that struggles with the issue of overcrowding, traffic and out-of-capacity infrastructure since the population has reached more than 13 million people. Similar to the 1970s and 1980s in Delhi, the city requires satellite centers in order to decongest the center and promote balanced development. A prime example of this model is Gurgaon (now Gurugram) only 30 km away, as once rural villages it went booming in 1991 after liberalisation, multinationals such as Google and Microsoft now engage in it, due to its development by the private sector, lax land policies and its close location to the capital. Devanahalli, the location of Kempegowda International Airport (KIA) in the north of Bengaluru is today emerging as a competitor in the north, with the same drivers: global connectivity, industrialization and real estate rush. This report looks at whether Devanahalli can follow the path of Gurgaon balancing the opportunities against risks.<\/p>

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Transformative Journey in Gurgaon<\/strong><\/h2>\n\n\n\n

Gurgaon is the satellite city of Delhi which started as farmland in the 1970s during the housing boom in the capital. The government of Haryana allowed the city to be taken over by the privatized giants such as DLF where one was able to bypass all the regulations and the government was allowing the townships to be built with office towers and luxury enclaves attracting fortune 500 companies by the 2000s. IT parks in Cyber city and Udyog Vihar have propelled urban population to increase to more than 2.4 million in 2012 compared to 100,000 in 1991. Among the success factors were access to Delhi (through highways and metro), policy facilitation such as the Haryana Urban Development Authority Act and talent pool of the nearby institutions. Housing prices also shot up and the Golf Course Road became the most expensive part in India.<\/p>\n\n\n\n

Rising Foundations by Devanahalli<\/strong><\/h2>\n\n\n\n

Devanahalli, 40 km to the north of the core of Bengaluru, replicates the airport-edge position of Gurgaon KIA accommodates 50 million passengers each year and is the driver behind an Aerotropolis vision. The major boosters are the KIADB Aerospace Park (where Boeing, Airbus have their plants), the iPhone factory by Foxconn and the BIAL IT Investment Region, which is expected to generate lakhs of jobs. The infrastructure is nearly matching: NH-44 highway takes 30 minutes to reach Hebbal, Satellite Town Ring Road (STRR, 280+ km) serves 12 satellite towns, \u20b94100 crore airport rail spur and Namma Metro extension to Devanahalli in progress. One business park adjacent to KIA worth 400 acres is projected to invest in IT, hospitals and retail to the tune of 2.2 billion dollars.<\/p>