Location Advantage

Rachenahalli

The entry of several IT companies and MNCs in the north has led to increased activity in the residential market in the localities around Rachenahalli. Key operational commercial options in the commercial real estate segment are two business parks located at the Hebbal-ORR junction. While the first is an integrated development with Special Economic Zone (SEZ) status, the second is a corporate campus comprising mixed-use development. The park has commercial office space, a concentration of biotech industries and a hospital as part of the campus. As for upcoming commercial spaces, an integrated development is under construction at Nagawara, with IT SEZ as well as commercial, retail and residential development. The office precinct will host an IT SEZ on around four million sqft and the planned commercial office space is about 1.10 million sq.ft. Another project with SEZ notification will have just over half a million sqft of commercial office space in the first phase. Over six other IT parks/commercial centers are coming up as part of integrated developments. IT and corporate houses are considering north Bangalore as a preferred destination. Most of the IT/ITeS clients evaluating the region for fresh commercial spaces are either seeking consolidation options or have long term occupancy plans. Prominent residential localities in the north are Banaswadi, HRBR Layout, Hennur Road, Thanisandra Main Road, Bellary Road, Yelahanka, Kogilu, Chokkanahalli, Bagalur Road, Doddaballapur Road, New Town Yelahanka and Jakkur. Mid segment residential property demand owing to proximity to locations such as Hebbal, the ORR and Old Madras Road, has led to the development of these areas. North Bangalore takes shape within the beautiful City of Bengaluru. In terms of Realty development, North Bangalore holds immense potential given its close proximity to the Kempegowda International Airport. Complemented by planned social and physical infrastructure, rest assured, North Bangalore is all set to be the next huge Commercio-residential hub of Bengaluru. Over the years, the city has expanded laterally.