Residential Property Appreciation Trends in North Bangalore
North Bangalore has become one of the most promising real estate zones in the city, thanks to its rapid transformation driven by infrastructure upgrades, employment corridors, and planned residential developments. Over the past few years, this region has seen significant growth in property value, particularly in locations like Shettigere, Devanahalli, Hebbal, and Yelahanka.
Projects like Godrej MSR City in Shettigere are contributing to this positive trend, offering modern, well-connected housing solutions that meet the demands of both end-users and investors.
Key Drivers of Property Appreciation in North Bangalore
Several factors have influenced the steady rise in residential property prices in this region:
Proximity to the Kempegowda International Airport
The airport has been a game-changer for North Bangalore. With an influx of business travelers, logistics services, and supporting industries, demand for residential units nearby has grown significantly.
Infrastructure Expansion
Projects like the Peripheral Ring Road (PRR), Satellite Town Ring Road (STRR), and Namma Metro Phase 2B have significantly improved connectivity across Bangalore. These developments are making suburban areas like Shettigere easily accessible to the city center.
Presence of IT and Aerospace Parks
The Aerospace SEZ, Devanahalli Business Park, and other tech-related zones are creating jobs, leading to more residential demand and higher price growth in nearby micro-markets.
Emergence of Premium Residential Projects
With developers like Godrej Properties launching large-scale projects such as Godrej MSR City, the area is witnessing planned urbanization. These developments are drawing attention for their design, amenities, and long-term appreciation potential.
Current Price Trends in North Bangalore (2025)
| Area | Avg. Price (₹/sq. ft.) | YoY Appreciation |
|---|---|---|
| Shettigere | ₹5,500 – ₹6,500 | ~12% |
| Devanahalli | ₹4,800 – ₹6,200 | ~10% |
| Hebbal | ₹9,500 – ₹12,000 | ~8% |
| Yelahanka | ₹6,800 – ₹7,500 | ~9% |
As seen in the table, Shettigere is showing strong appreciation, largely due to its balanced location advantage and availability of newer, modern residential projects like Godrej MSR City.
Godrej MSR City offers a range of thoughtfully designed homes with modern amenities, green infrastructure, and good connectivity. Located strategically in Shettigere, it benefits directly from the area's growth drivers.
Its value proposition includes:
- Close proximity to NH-44 and Kempegowda International Airport
- Metro accessibility (planned)
- Modern amenities aligned with sustainable living
- Backed by the Godrej legacy of quality and trust
These factors are enhancing investor confidence and boosting demand, which is expected to push appreciation rates further in the coming years.
Outlook for 2025–2028
North Bangalore, particularly areas around Shettigere, is projected to notice a compound annual growth rate (CAGR) of 10%–13% in property value. With planned infrastructure still under execution and increasing migration toward suburban hubs, appreciation potential remains high.
Residential property appreciation in North Bangalore reflects the region’s transition into a well-connected, investment-worthy urban zone. Locations such as Shettigere, supported by infrastructure and top-tier developments like Godrej MSR City, stand out as high-opportunity areas for long-term value growth. With strong fundamentals in place, North Bangalore continues to be one of the most attractive zones in the city's real estate market.
