Bangalore is a great city to live in. But, the traffic woes in the city are similar to other metro cities. There is a constant need for good infra projects in Bangalore. Infra projects affect the real estate market of the place as well. North Bangalore and place like Devanahalli have developed with time. Godrej is developing Godrej Devanahalli Plots Bangalore. You can invest in this project to get great returns in the future. Intercity connectivity always gives a boost to real estate prices.
Many new residential and infra projects are planned. In fact, the international airport will completely change the scene of North Bangalore in the coming years. It’s the best time to invest in real estate projects in Devanahalli. You can expect a good surge in prices after the Bangalore metro corridor project.
The metro rail corridor will connect the international airport near Devanahalli and Bangalore city. The project is expected to complete by the year 2021. The state cabinet of Bangalore has approved a budget for 30 KM line. This line will connect the international airport near Devanahalli and Nagawara on the city’s eastern road.
The connecting places under this phase would be RK Hegde Nagar, Jakkur, Kogilu Cross, Chikkajala, Trumpet Interchange. The estimated cost of this project is ₹5950 crores. The metro corridor project is an elevated one so there will not be any problem in construction. However, it can take a take an underground route near Yelahanka Air Force Station or airport. This will depend on the construction.
The state-run Bangalore metro rail corporation already operates a 43.2 KM metro service. This was started under the 1st phase of the eastern corridor of Bangalore metro city. On an average more than 3lac commuters travel by metro line. For the long-term infra projects, the corporation has also planned different phases. More than ₹3000 crore will be raised for the project for these phases.
The 30 KM Bangalore metro rail corridor will connect seven different stations. So, people who stay in Bangalore will also benefit from the project. This will also be good for people who stay in outskirts of Godrej Devanahalli Plots Bangalore. If you buy a flat in Godrej Devanahalli Plots Bangalore you will have a quick access to the metro line.
After the completion of the first phase, work on the second phase will start. The second phase will stretch about 72 KM and will include important places in Bangalore. A proper connectivity between the airport and city will also benefit potential homebuyers.
Most people are now shifting their base on outskirts of Bangalore. With such amazing projects, the demand for flats will increase. The Metrorail corridor project will benefit investors in Godrej Devanahalli Plots Bangalore as well. It will also affect the north-south corridor.
Are you planning to buy a home in Devanahalli? Then you have many options to invest here. Godrej Plots Devanahalli is a good option for investment. You can expect a steep increase in the price of the project after completion of the metro line.