Devanahalli: Home to Bengaluru Airport City
Devanahalli is the North Bangalore town that hosts Kempegowda International Airport (BLR), a famous airport in India and one of India's largest aviation hubs, located in Devanahalli, playing a key role as the city's central air travel hub for both domestic and international flights. Around this airport, Bangalore International Airport Limited is building a dedicated mixed-use district called Bengaluru Airport City. Bengaluru Airport City is being built on 463 acres of land at Kempegowda International Airport by Bengaluru Airport City Ltd. (BACL), a subsidiary of Bangalore International Airport Ltd. (BIAL). This futuristic smart city's Phase 1 is expected to be completed and opened in 2026 with close to 2 million sq ft of developments, including a concert area, Retail, Dining and Entertainment village, business park, and a combo hotel.
Prestige Group has anchored itself firmly in this precinct. Bengaluru Airport City Limited has announced a strategic collaboration with Prestige Group to develop a next-generation Convention & Exhibition Centre within the upcoming Bengaluru Airport City precinct, anchoring a marquee mixed-use district with an 8,000-seat Convention and Exhibition Centre, a performing arts theatre, a luxury hotel, and Grade A office spaces. This landmark development features the iconic St. Regis Hotel, a Marriott marquee, a state-of-the-art Convention and Exhibition Centre, and a dedicated Performing Arts theatre.
Beyond the Airport City precinct, Devanahalli itself is transforming into a major residential and commercial hub. A multibillion-dollar Devanahalli Business Park with two IT Parks is coming up on nearly 400 acres adjoining the airport, along with an Aerospace Park, Science Park and a Financial City. Devanahalli is situated near the upcoming 12,000-acre BIAL IT Investment Region, planned to be the largest IT region in India. This scale of planned employment generation is why land and apartment values in the corridor have climbed steadily over the past decade.
For homebuyers, the appeal is a mix of open, low-density living today and a metro-linked, airport-adjacent skyline tomorrow. Residents describe the peaceful and semi-urban environment of Devanahalli, which is not very densely populated, with open lands and free spaces. Land in the area appreciated by 86.1% in the last decade, and the overall North Bangalore realty market grew at an annual rate of about 15-20 percent after KIA became operational, reflecting sustained demand driven by the airport economy.
