The sleepy outskirts of Bengaluru are waking up to a real property revolution. Once taken into consideration a peripheral suburb, Devanahalli is now on the heart of a improvement frenzy—thanks to the brand new iPhone manufacturing plant developing in the area.
As Apple intensifies its India manufacturing plans, the chosen place for its next large manufacturing facility has was a real estate goldmine. Land charges in Devanahalli have surged sharply, remodeling the vicinity into one of the hottest funding locations in South India.
iPhone Factory Ignites Real Estate Boom in Devanahalli
The global tech large Apple, through its key provider Tata Electronics, has devoted to putting in place a sprawling iPhone manufacturing facility close to Kempegowda International Airport, Devanahalli. This flow is part of Apple’s broader strategy to diversify its production base past China and expand its footprint in India.
The manufacturing unit, which is expected to generate over 25,000 jobs, is visible as a major milestone in India’s “Make in India” initiative. But its ripple outcomes pass past employment—it’s fueling infrastructure growth, boosting investor sentiment, and maximum considerably, redefining the actual estate landscape of Devanahalli.
Land Prices Skyrocket
The statement of the iPhone manufacturing unit has brought about land costs in Devanahalli to jump by means of nearly 30-50% in just a few months, consistent with neighborhood assets consultants.
Before the announcement, the common land rate ranged among 2,500 to four,000 in line with sq.Feet. Post-statement, the ones equal plots at the moment are commanding prices upwards of 5,000–6,500 in keeping with sq.Ft, mainly in wallet close to the airport and the imminent plant.
Residential and industrial plots are in high call for, with many buyers racing to grab a bit of this rising actual property hotspot. Real estate builders and brokers file a surge in enquiries from across the united states, inclusive of NRIs.
Residential Demand at the Rise
The rising job possibilities around the iPhone manufacturing unit are anticipated to draw heaps of experts to the area. To cater to this influx, several residential projects are already in the pipeline. Developers are launching mid-variety apartments, villas, and plotted traits concentrated on each stop-customers and buyers.
Notable actual estate gamers like Brigade Group, Prestige, Godrej Properties, and Salarpuria Sattva are eyeing new launches or increasing current initiatives in and round Devanahalli. Rental call for is also expected to upward thrust sharply inside the coming years.
There is a tremendous movement in the real estate market in Devanhalli, the northern part of Bengaluru. This is due to the iPhone construction unit being created by Foxconn, which is now on the verge of completion. It is expected that iPhone construction will start in this plant from the beginning of June.
Karnataka Industries Minister M.B. Patil said on X (East Twitter) that Apple's CEO Tim Cook has confirmed that most of the iPhone sold in the US in the June quarter will now be prepared in India. FoxConn is also making employees Deritri in its 300 -acre huge campus, where around 30,000 employees will work. This will be the largest manufacturing campus of its kind in India.
Real Estate Bounce: Increase by More Than 30%
According to real estate experts, after the entry of FoxConn, land prices in Devanhalli have increased by 30% to 35%. Bangalore City Head of Anarock Group, Ashish Sharma said that the expansion of new jobs and infrastructure in the area has increased the interest of the people.
10 minutes from Foxconn' made new marketing mantra. Real estate companies are now using jumlas such as "only 10 minutes away from Foxconn" in their advertisements. This is rapidly attracted to investors.
Land Prices Doubled in Three Years
Kempegowda International Airport, Satellite Town Ring Road (STRR) and the upcoming IT Parks such as Infrastructure Project Devanhalli are making new hotspots of North Bengaluru. According to anarock data, the land prices have increased by 30–40% in the last one year, doubled in three years and in five years they have risen by more than 150%.
Star and Ivc Road: Two Big Centers of Investment
Most of the plotted development in the STRR corridor are taking place. The land prices here have gone from 5,500 to 8,000 per sq ft, while the luxury villas dominate the IVC Road - which ranges from 5 crore to 6 crore. For example, projects such as White Lotus, Sobha Oakshire and Sobha Lifestyle are above 5 crores.
30% Increase in Fares by 30%
According to Nobroker, while the average fare has increased by 10% in Bengaluru, the figure has reached 30% in Devanhalli. The first 2BHK apartments available for 12,000 are now available for 25,000. Villa fare has also reached 1.5 lakh to 2.5 lakh per month.
Flood of New Projects
According to Nobroker co-founder Saurabh Garg, "The new projects in North Bengaluru in 2023 were 23%, which has increased to 31% in 2024. Devanhali has seen a 30% increase in apartment listings in Devanhali."
Villa and plots promoted with height limit. Due to being close to Devanhalli Airport, there is a ban on tall buildings here - only the highest seven floors are allowed. Due to this, projects of villas and plots have been encouraged here.
Lack of health services, but plans released. Currently, there is a shortage of multi-specialty hospitals here, but it is being planned to include hospitals in the upcoming grade a township projects.
Good Facilities in the Field of Education
Famous institutions like Gitam University, Haro International School, Amity University and Chanakya University are already working in Devanhalli region. Foxconn's iPhone factory has made Devanhalli a new real estate center in Bengaluru. Fast -developing infrastructure projects, growing employment opportunities and high investment possibilities are making it a 'golden opportunity' for investors.
Final Thoughts
Devanahalli is now not only a transit point for flyers heading to Bengaluru Airport—it&rquo;s rapid emerging as the epicenter of North Bengaluru’s real estate growth. The iPhone factory isn't always just manufacturing devices; it’s manufacturing opportunity.
As international generation giants and infrastructure investments converge, land in Devanahalli is turning into the brand new gold preferred for clever buyers. For the ones in search of excessive-increase, strategically placed assets in India’s tech capital, Devanahalli now deserves a severe look.
