Devanahalli, a rapidly developing suburb located on the outskirts of Bengaluru, has become a hub of activity in recent years. With the increasing focus on creating sustainable and integrated workspaces, several upcoming IT tech parks in Devanahalli are drawing considerable attention from investors, businesses, and professionals. One such highly anticipated development in this region is Purva Aerocity, which aims to transform Devanahalli into a significant technology and business hub.
Why Devanahalli is Emerging as a Technology Hub
Located approximately 40 kilometers from the heart of Bengaluru, Devanahalli is poised to become a major IT and business center due to its strategic location, connectivity, and infrastructure development. The Kempegowda International Airport is in close proximity, making Devanahalli an ideal choice for businesses looking for seamless access to air travel. The upcoming metro line and road network enhancements are also pivotal in positioning Devanahalli as a new business hotspot in Bengaluru.
One of the significant drivers behind this development is the establishment of Purva Aerocity, a premium mixed-use development by Puravankara Group. With the ambition of creating a world-class work and lifestyle environment, Purva Aerocity is set to provide state-of-the-art office spaces, residential options, and amenities that will attract companies and professionals alike. This blog explores the upcoming IT tech parks in Devanahalli and how Purva Aerocity stands out in contributing to the region’s growth.
Purva Aerocity: A Game Changer for Devanahalli
Purva Aerocity is one of the most talked-about projects in the Devanahalli area. Strategically located near the Kempegowda International Airport, this mixed-use development aims to create a space that caters to the needs of the IT industry, residential requirements, and recreational needs—all in one place. This unique concept of creating an integrated township is what makes Purva Aerocity a major game-changer for the region.
One of the biggest attractions of Purva Aerocity is its integrated IT tech park, designed to cater to the growing demand for high-quality office spaces. The park is expected to attract top-tier multinational companies looking to establish their presence in Bengaluru. With its modern architecture, world-class amenities, and ample green spaces, Purva Aerocity is set to offer a perfect blend of work and leisure for its occupants.
Upcoming IT Tech Parks in Devanahalli
Besides Purva Aerocity, several other IT tech parks are being planned in Devanahalli, making this area a highly sought-after destination for businesses and professionals.
1. Aerospace Park
The Aerospace Park in Devanahalli is a major initiative by the government to boost the aerospace and IT sectors in Bengaluru. Spanning over 1000 acres, this park aims to attract companies in the aerospace, IT, and electronics sectors. Its proximity to Purva Aerocity makes it a prime location for businesses looking to capitalize on the synergies between these two developments.
The Aerospace Park is designed with state-of-the-art infrastructure, including well-laid roads, power supply, and water management systems. This makes it an ideal location for IT companies that require a seamless and reliable infrastructure to run their operations.
2. IT Investment Region (ITIR)
The IT Investment Region (ITIR) in Devanahalli is another massive project that is expected to transform the landscape of the area. Spread across a sprawling 12,000 acres, this project aims to attract IT and electronics companies, creating thousands of job opportunities in the region. The ITIR is designed to be a self-sustained township with residential, commercial, and recreational facilities, making it an attractive destination for professionals and their families.
Purva Aerocity, being in close proximity to the ITIR, is expected to benefit significantly from this development. The presence of such a large IT hub nearby will increase the demand for residential and commercial spaces in Purva Aerocity, making it a lucrative investment opportunity.
3. Global Tech Park
The Global Tech Park is another upcoming project in Devanahalli that aims to cater to the growing demand for office spaces in the area. This tech park is expected to house several multinational companies, providing world-class office spaces with advanced amenities. The Global Tech Park will also feature recreational facilities, making it an ideal location for employees to maintain a work-life balance.
With the development of Purva Aerocity nearby, Global Tech Park is expected to benefit from the increased footfall of professionals and businesses in the area. The seamless connectivity between these two developments will make it easier for companies to establish their presence in Devanahalli.
Key Features of Purva Aerocity
Purva Aerocity offers a host of features that make it an attractive destination for IT companies and professionals. Some of the key features include:
- Proximity to the Airport: The location of Purva Aerocity near the Kempegowda International Airport makes it highly convenient for business travelers and companies that require frequent air travel.
- Integrated Mixed-Use Development: Purva Aerocity offers a perfect blend of residential, commercial, and recreational spaces, creating a holistic environment for professionals to work, live, and relax.
- World-Class Infrastructure: The development features modern office spaces with advanced technology and amenities, catering to the needs of IT companies and their employees.
- Green Spaces and Recreational Facilities: With ample green spaces, parks, and recreational facilities, Purva Aerocity promotes a healthy and balanced lifestyle for its residents and employees.
Connectivity and Infrastructure Development
One of the key factors driving the growth of Devanahalli as an IT hub is the ongoing and upcoming infrastructure projects aimed at improving connectivity in the area. The Namma Metro Phase 2 extension to Devanahalli is expected to provide seamless connectivity to the rest of Bengaluru, making it easier for professionals to commute to and from work. The upcoming Peripheral Ring Road and the Satellite Town Ring Road (STRR) will further enhance connectivity, making Devanahalli a well-connected suburb.
Purva Aerocity is set to benefit from these infrastructure developments, as the improved connectivity will make it an even more attractive destination for businesses and professionals. The seamless access to public transportation and road networks will make it easier for employees to commute, enhancing the overall attractiveness of Purva Aerocity as a workplace.
Investment Potential in Devanahalli
The development of Purva Aerocity and other IT tech parks in Devanahalli has led to a surge in real estate demand in the area. With the increasing presence of multinational companies and the availability of world-class office spaces, the demand for residential properties is also on the rise. Purva Aerocity offers a unique opportunity for investors to capitalize on this growth, as the integrated development provides both residential and commercial spaces that cater to the needs of the IT sector.
The strategic location of Purva Aerocity, combined with the ongoing infrastructure development and the presence of several upcoming IT tech parks in Devanahalli, makes it a promising investment destination. The potential for capital appreciation and rental yields is high, making it an ideal choice for both end-users and investors looking for long-term returns.
Share this Post: