Devanahalli Land Price in 2025
Devanahalli, a rapidly developing zone in North Bangalore, has become a key hotspot for real estate investment in 2025. With its close proximity to Kempegowda International Airport, growing infrastructure, and commercial developments, the area has witnessed significant appreciation in land prices over the last few years.
In tandem, areas such as Shettigere have gained traction as complementary investment destinations. Projects like Godrej MSR City, located close to Devanahalli, have further added value to the region by offering premium residential options.
Current Land Price Trends in Devanahalli (2025)
As of June 2025, land prices in Devanahalli reflect the following approximate ranges:
- Residential Plots (near NH-44 or airport): ₹5,000 – ₹7,500 per sq. ft.
- Interior Localities (non-highway-facing): ₹3,500 – ₹5,000 per sq. ft.
- Commercial land parcels: ₹6,500 – ₹10,000 per sq. ft. (depending on location and zoning)
- Gated plotted developments: ₹4,800 – ₹6,200 per sq. ft.
These prices show a 12%–18% increase YoY (Year-over-Year) compared to 2024, driven largely by infrastructure development and rising demand from end-users and investors.
Key Factors Behind the Price Growth
Several tangible factors contribute to the continued rise in land prices in Devanahalli and surrounding areas:
Airport Proximity
- Kempegowda International Airport is just 12–15 km from central Devanahalli.
- The airport handled over 37 million passengers in 2024, driving residential and hospitality demand.
Infrastructure Development
- Proposed Satellite Town Ring Road (STRR) will connect Devanahalli to other suburbs and reduce traffic pressure.
- The Peripheral Ring Road (PRR) and enhanced highway infrastructure improve long-term connectivity.
Upcoming Tech and Industrial Parks
- Devanahalli Business Park spans over 400 acres, expected to house IT, biotech, and aerospace firms.
- KIADB Aerospace SEZ already hosts major players like Shell and Boeing.
- Expected employment generation: >80,000 jobs in the next 5 years.
Metro Expansion Plans
- Namma Metro Phase 2B is proposed to extend connectivity toward the airport zone, benefitting Shettigere and Devanahalli.
- This will directly influence real estate valuations in North Bangalore.
Rising Appeal of Shettigere and Nearby Zones
Located adjacent to Devanahalli, Shettigere is emerging as a high-potential micro-market. With seamless access to NH-44 and proximity to the airport, Shettigere provides a quieter, residential setting while still being close to business activity.
Highlights of Shettigere:
- Presence of premium developments like Godrej MSR City
- Closer to Hebbal and Yelahanka compared to Devanahalli core
- Green surroundings and lower density, ideal for residential communities
- Ongoing infrastructure upgrades make it a strategic investment pocket
Role of Godrej MSR City in Enhancing Regional Value
Godrej MSR City, located in Shettigere, adds immense value to the area by setting high standards for integrated, green residential townships. Backed by Godrej Properties, this project attracts both homebuyers and long-term investors looking for returns through appreciation and rental income.
Project Advantages:
- Modern infrastructure and design
- Sustainability-focused planning
- Strong connectivity to the airport, NH-44, and upcoming metro routes
Investment Outlook
With infrastructure projects moving ahead and demand remaining strong, land in and around Devanahalli is positioned for continued appreciation.
Investment Snapshot:
- Average YoY appreciation (last 3 years): ~15%
- Projected growth (2025–2028): ~10–12% CAGR (as per market analysts)
- Ideal for: Long-term capital gain and residential development
Devanahalli’s land price surge in 2025 is backed by tangible infrastructure, proximity to the airport, and growing interest in North Bangalore. Locations like Shettigere, supported by premium developments such as Godrej MSR City, contribute significantly to the region's real estate momentum. For buyers and investors looking for high-growth opportunities, this part of Bangalore presents a compelling proposition.
