KIADB Phase 2 sits inside the KIADB Hi-Tech Defence & Aerospace Park Phase 2, a large-format industrial and residential corridor in Devanahalli, North Bangalore. The parent zone, KIADB Aerospace Park, is a well-planned industrial hub developed by the Karnataka Industrial Areas Development Board in North Bengaluru, spanning 3,000 acres, located in Devanahalli and close to Kempegowda International Airport, specifically designed for the aerospace, aviation, and defence industries with modern infrastructure, wide roads, a reliable power supply, and excellent connectivity.
The employment story here is real, not speculative. Boeing and Foxconn operate here, and with the iPhone assembly plant now at full capacity, rental demand in Bagalur and Devanahalli has jumped by nearly 18% this year, giving property owners rental yields of 4% to 5%, significantly higher than most other parts of Bengaluru. This job density is why residential demand around KIADB Phase 2 has picked up sharply through 2025-26.
Major developers have taken note. Prestige Group has plans for a major residential enclave at KIADB Aerospace Park Phase 2 in Devanahalli, codename Prestige Parklane, on approximately 12 acres, comprising around 1,788 premium apartments across 9 residential towers, located just 15 minutes by road from Kempegowda International Airport, following Prestige Group's acquisition of a 30+ acre land parcel at KIADB Aerospace Park Phase 2 in April 2026. Alongside Prestige, Brigade Group's pre-launch project is a premium residential development coming up in KIADB Phase 2 Aerospace Park, spread across a massive 70-acre township, in one of the fastest-growing investment zones in Bangalore, surrounded by tech parks, aerospace companies and upcoming infrastructure.
For buyers and investors, KIADB Phase 2 offers a rare combination: an established industrial employer base, an under-construction social and retail ecosystem, and pricing that is still meaningfully lower than mature North Bangalore micro-markets like Hebbal or Yelahanka.
KIADB Phase 2 is built around the Airport Corridor, giving residents direct access to highways, the upcoming metro network and North Bangalore's key employment hubs.
Social infrastructure is still developing around KIADB Phase 2, but established institutions in Devanahalli, Bagalur and Yelahanka are within reasonable driving distance.
Indavara, Chikkamagaluru
Villas / Plots (Expected) • Price on Request
85-acre land bank entry into Chikkamagaluru
Bagalur, Bangalore
1, 2, 3 BHK (expected) • Price on Request
30+ acre land parcel acquired
Padi-Korattur, Chennai
2, 3 BHK, Office & Retail • Price on Request
16.38-acre mixed-use development
Sahar, Andheri East, Mumbai
Hotel, Office & Retail • GDV Rs 4,500 Cr
1.5 million sq ft integrated hospitality-commercial project
Aram Nagar, Versova, Mumbai
Configuration TBA • On Request
6-acre JV, 1.7 mn sq ft, Rs 9,000 Cr GDV
Bengaluru Airport City, Bangalore
Convention | Hospitality | Office | Retail • ₹1,800 Cr investment
1.5 million sq ft mixed-use destination
Bengaluru Airport City, Devanahalli, Bangalore
Hotels | Convention Centre | Office | Retail • Price on Request
₹1,800 Cr integrated destination at KIA
Budigere Cross, Bangalore
1, 2, 3 BHK • Price on request
Upcoming Prestige address off Old Madras Road
Content is provided strictly for information and does not constitute an offer, solicitation, or contractual commitment. Specifications, pricing, and availability may change at any time. Independent verification of all particulars is advised. About · Projects
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