Devanahalli, located about 40 km north of Bangalore’s city center, has rapidly evolved from a quiet town into one of Karnataka’s most sought-after real estate destinations. Its strategic location near Kempegowda International Airport (only 12 km away) and the introduction of major infrastructure projects have been key drivers behind this transformation.
As of 2025, residential property prices in Devanahalli range between ₹4,500 and ₹7,500 per sq. ft., depending on factors like location, property type, and the builder’s reputation. Plotted developments continue to be especially popular, with land prices typically ranging from ₹50 lakh to ₹1.5 crore, depending on plot size and proximity to prime areas. With numerous new projects in Devanahalli offering luxury villas, plotted communities, and high-rise apartments, the area is seeing an exciting boom in housing options.
Over the past 5 to 7 years, Devanahalli’s property values have appreciated steadily by around 8% to 12% annually. This growth was initially driven by the development of the airport and further fueled by major projects like:
Looking ahead, upcoming infrastructure projects such as the Satellite Town Ring Road (STRR) and the extension of Namma Metro Phase 2B towards Devanahalli are set to enhance connectivity even further. These projects are expected to significantly increase demand for every new project in Devanahalli, making it a hotspot for both residential buyers and investors.
Interestingly, even during the challenging COVID-19 period (2020–2021), while most of Bangalore’s real estate market slowed down, Devanahalli remained relatively stable, especially for plotted developments and second homes. Post-pandemic, there has been a sharp resurgence in demand, driven largely by NRIs, high-net-worth individuals (HNIs), and long-term investors seeking growth corridors.
Today, Devanahalli stands out as a thriving real estate market, offering a perfect blend of plotted layouts, gated villa communities, and upcoming high-rise apartments, all surrounded by a greener, cleaner environment. With several major tech parks, employment hubs, and exciting new projects in Devanahalli in the pipeline, the area's real estate market is set for strong, sustained growth in the coming years.
| Year | Average Price Range (per sq. ft.) | Key Highlights |
|---|---|---|
| 2020 | ₹3,000 – ₹4,200 | Airport growth impact; moderate demand for plots and villas |
| 2021 | ₹3,200 – ₹4,500 | Stable market during COVID; slight demand for open spaces and second homes |
| 2022 | ₹3,800 – ₹5,200 | Strong revival post-pandemic; plotted development demand rises |
| 2023 | ₹4,200 – ₹6,000 | Infra projects like STRR boost prices; more villa launches |
| 2024 | ₹4,500 – ₹7,500 | Business parks, SEZs, and metro extension push strong appreciation |
| 2025 (Current) | ₹4,500 – ₹7,500 | Premium township launches; demand shift towards luxury living spaces |
Devanahalli is fast becoming one of Bangalore’s most promising real estate hotspots. Thanks to its excellent connectivity, upcoming infrastructure, and strong commercial growth, the area is attracting both homebuyers and smart investors. If you’re thinking about where to invest next, here’s why Devanahalli deserves serious attention:
| Pros | Cons |
|---|---|
| Close to Kempegowda Airport – great for travelers and investors. | Some areas are still developing and feel incomplete |
| Big infrastructure projects are boosting future connectivity. | Many benefits depend on future project completion. |
| Strong job hubs nearby with KIADB, Aerospace SEZ, and Business Park. | Daily commute to Bangalore city center can be long and tiring. |
| Property prices still have good appreciation potential. | Prime pockets are becoming expensive quickly. |
| Property prices still have good appreciation potential. | Prime pockets are becoming expensive quickly. |
| Cleaner, greener environment compared to city chaos. | Limited malls, cafes, and entertainment options today. |
| Great for long-term rental income, second homes, or retirement. | Not ideal if you want a buzzing, ready-to-go lifestyle right now. |