PRESTIGE DEVANAHALLI: LIVE NEXT TO THE AIRPORT

North Bangalore's fastest-growing corridor, minutes from Kempegowda International Airport and Aerospace Park.

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DEVANAHALLI REAL ESTATE MARKET OVERVIEW

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Devanahalli, located about 40 km north of Bangalore's city center, has rapidly evolved from a quiet town into one of Karnataka's most sought-after real estate destinations, driven largely by its proximity to Kempegowda International Airport, only 12 km away. What was once agricultural land is now home to gated apartment communities, plotted developments, and villa townships from nearly every major national developer.

The average property price in Devanahalli from branded developers is Rs 11,350 per sqft as of Q1 2026, with prices ranging from Rs 8,500/sqft for budget projects to Rs 13,000/sqft for premium offerings. This represents a sharp climb: the corridor has appreciated 106% from Rs 5,500/sqft in 2020.

Demand is being driven by a genuine employment and infrastructure story rather than speculation alone. The KIADB Aerospace Park, the Foxconn iPhone factory, the BIAL IT Investment Region, and the Bengaluru Hardware Park are together generating thousands of jobs and diversifying the local economic base. This has pulled in end-users alongside investors, a shift visible in the mix of ready apartments, under-construction towers, and plotted communities being launched across the belt.

Looking ahead, most analysts remain constructive on the market. Devanahalli offers strong investment potential with projected 8-10% annual appreciation driven by metro connectivity, airport expansion, and 80,000+ jobs in the KIA ecosystem, making it one of the more closely watched micro-markets in North Bengaluru.

DEVANAHALLI PRICE TRENDS

Devanahalli's pricing spans a wide band because the micro-market mixes budget apartments, mid-segment high-rises, luxury towers, and plotted layouts. Flat prices in Devanahalli are in the range of Rs 9,800-12,550 per sq ft, with the average property rate for flats around Rs 9,500 per sq ft. The average transaction rate of a flat in Devanahalli is Rs 9,938 per sq ft, while independent houses have averaged Rs 2,508 per sq ft. On the plotted side, land rates in Devanahalli are around Rs 2,100-8,500 per sq ft. Year-on-year momentum has stayed strong: flat rates in Devanahalli changed by 11.8% in the last 1 year, 57.0% in the last 3 years, and 72.7% in the last 5 years.

₹9,800-12,550/sqftFlat Price Range (Overall)
₹11,350/sqftAvg Price - Branded Developers, Q1 2026
₹9,938/sqftAvg Transaction Rate
₹2,100-8,500/sqftLand Rate Range
11.8% YoY1-Year Price Appreciation
106%Appreciation Since 2020

TOP LOCALITIES IN AND AROUND DEVANAHALLI

Devanahalli itself is spread across several micro-pockets, each shaped by a different landmark - the airport, the Aerospace Park, or a specific highway. Here's how the key corridors stack up for homebuyers and investors.

Bagalur / Aerospace Park Home to KIADB Aerospace Park and Foxconn-linked employment, with several Prestige apartment and plotted projects positioned close to this industrial and defence-aviation hub.
Bellary Road (NH 44) The original growth spine of Devanahalli with the earliest gated communities; offers ready and near-ready inventory with direct highway access to the airport and Hebbal.
IVC Road A newer plotted-development belt roughly 17 km from central Bangalore, favoured for large-format villa plots and township-scale layouts.
STRR Corridor Land and apartment pockets that sit directly on the Satellite Town Ring Road, offering a bypass around the city core and rising interest from investors.
Yelahanka The established gateway locality just south of Devanahalli with schools, hospitals, and retail already in place, commanding higher per-sqft rates than Devanahalli itself.
Doddaballapur An adjoining satellite town connected via the STRR, popular for larger, more affordable plotted developments outside the immediate airport premium.

INFRASTRUCTURE DRIVING DEVANAHALLI

The Satellite Town Ring Road (STRR), officially NH-948A, is a 280.8 km access-controlled expressway developed under the Bharatmala Pariyojana that encircles Bengaluru and connects satellite towns including Devanahalli, Doddaballapur, Hoskote, Nelamangala, Ramanagara, and Sarjapur. Property prices in STRR-connected locations, including Devanahalli, have already increased by roughly 20%, as the road enables seamless movement between the airport, aerospace parks, and industrial corridors. Kempegowda International Airport handles around 50 million passengers annually and is currently expanding, with Devanahalli just 10-15 minutes away.

Metro connectivity is the next major catalyst. The Namma Metro Blue Line (Phase 2B), connecting Silk Board to Kempegowda International Airport via KR Puram and Hebbal, is progressing steadily, alongside the STRR expansion that is improving connectivity to Hoskote and Doddaballapur. The upcoming Doddajala Metro station will link Devanahalli to Bangalore's metro network, cutting commute times to Hebbal to under 25 minutes once operational.

Projects in Devanahalli

PRESTIGE BENGALURU AIRPORT CITY INTEGRATED DESTINATION
Upcoming

PRESTIGE BENGALURU AIRPORT CITY INTEGRATED DESTINATION

Bengaluru Airport City, Devanahalli, Bangalore

Hotels | Convention Centre | Office | Retail • Price on Request

₹1,800 Cr integrated destination at KIA

PRESTIGE CONVENTION & HOSPITALITY HUB
Upcoming

PRESTIGE CONVENTION & HOSPITALITY HUB

Bengaluru Airport City, Devanahalli

Convention Centre, Hotels, Office & Retail • Price on Request

1.5 million sq ft MICE & hospitality destination

PRESTIGE AUTUMN LEAVES
Pre-Launch

PRESTIGE AUTUMN LEAVES

Devanahalli, Bangalore

Residential Plots • Price on request

27-acre plotted development on IVC Road

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FAQ

How far is Devanahalli from Bangalore city centre and the airport?
Devanahalli is roughly 35-40 km from central Bangalore but only about 10-15 minutes from Kempegowda International Airport, which is the area's biggest draw for buyers and investors.
What is the average property price in Devanahalli?
Flat prices currently range between roughly Rs 9,800 and Rs 12,550 per sq ft, while branded-developer projects average around Rs 11,350 per sq ft as of early 2026. Plotted land is more affordable at Rs 2,100-8,500 per sq ft.
Is Devanahalli a good area for real estate investment?
Yes. Analysts project continued 8-10% annual appreciation on the back of metro connectivity, airport expansion, and large employment hubs like the Aerospace Park and Foxconn facility.
Which Prestige projects are available in Devanahalli?
Prestige has an established presence here with completed developments like Prestige Park Drive and Prestige Finsbury Park, and newer plotted and apartment launches such as Prestige Gardenia Estates and Prestige Park Street in the pipeline.
When will the metro reach Devanahalli?
The Namma Metro Blue Line extension toward the airport, along with the Doddajala station, is under construction and expected to significantly cut commute times once operational, with connectivity to Hebbal projected under 25 minutes.
What is the STRR and how does it benefit Devanahalli?
The Satellite Town Ring Road is a 280.8 km expressway encircling Bengaluru that connects Devanahalli to Doddaballapur, Hoskote, and other satellite towns, bypassing the congested city core and already lifting connected land prices by around 20%.
Are plots or apartments a better buy in Devanahalli?
Both have a place: plots have historically driven the bulk of appreciation and land-ownership demand, while ready and under-construction apartments now offer faster possession and immediate rental potential as the corridor matures.
What is driving job creation near Devanahalli?
The KIADB Aerospace Park, Foxconn's manufacturing facility, the BIAL IT Investment Region, and the Bengaluru Hardware Park are collectively creating a diversified employment base spanning aviation, electronics, and IT.
Is Devanahalli suitable for end-users or only investors?
It works for both. Improving schools, hospitals, and retail infrastructure alongside the airport and upcoming metro make it increasingly viable for end-users, while long-term appreciation potential continues to attract investors.
How has Devanahalli performed historically compared to other Bangalore micro-markets?
Devanahalli has outpaced many established localities in percentage growth, appreciating 106% since 2020, though its absolute per-sqft rates still trail closer-in areas like Yelahanka and Thanisandra.

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