North Bangalore is not a popular destination until a few decades back. Now, it is a thriving part of the metro city. It is a bustling business and IT corridor of the city. It hosts some corporate giants and is the home of the entertainment industry. The working populations from these business wings are investing in the area.
With the launch of the new airport in Devanahalli a few years back, people have started conceding the importance of having a vital landmark in their lives and workplaces. The airport has been a growth driver for this city's north zone. The neighborhoods near the airport also grew most in the real estate market.
The other reason is the central IT sector blocks, including the Manyata Embassy Business Park, an IT SEZ, are in easy access via the OOR and close to Hebbal. Many IT and industry players are planning more social structures and facilities in the area. It will also force extreme growth in these areas. It is a crucial benefit for anyone looking for investment prospects or a great home.
Realty experts say the area around the Hebbal ORR and IVC Road will become a very lucrative option for IT firms. It will, in turn, drive the area's growth. IVC Road, Bangalore, is a well-known residential area with the pin code 562110. Ninety housing projects are now ready for sale on IVC Road. The average price of projects in this area is around Rs. 1500 per sq. ft.
If you are looking for a 3 bhk living space on IVC Road, the cost would be between Rs. 80 Lac and 2.50 Cr. The rent for a 3bhk house ranges from Rs. 25,000 to 50,000. IVC Road is a bustling area that offers many residential projects for sale.
According to recent data, 13% of the projects for sale on IVC Road fall within the price range of ₹60 to ₹80 lahks, while 11% of them fall within ₹40 to ₹60 lahks. Additionally, it's notable that the most common layout in this area is 4 bhk. And 46% of all houses are for sale. Furthermore, 55% of them are plots for sale.
The road network linking IVC Road to other parts of the city includes ORR and NH 44. The area has improved transit routes and connectivity infrastructure. It helps to reduce travel time and attracts more builders to construct residential and retail projects.
IVC Road is a thriving locale that has undergone notable infrastructure expansion in recent years. The area includes high-end social and physical structures and vital facilities. It also has excellent transit networks that connect it to other parts of Bangalore.
The real estate market in IVC Road has seen impressive growth due to increased demand for housing projects. Several real estate firms offer stunning housing projects with high-quality structures, designs, and world-class features.
It also includes the best social structures and brings the vitals to the dweller's doorstep. It has many urban features like malls, supermarkets, diners, cafes, and fun zones. It also hosts reputable schools, colleges, medical centers, and more. These features further appeal to IVC Road as a desirable place to live.
The real estate trends in IVC Road also reflect the increasing focus on viable living. Many projects in this area include smart and green home concepts. It promotes solar energy, water storage, and waste control. The idea of a self-contained township with frills like parks, pools, and lounges impacts the area's real estate market trends.
Provident Housing prelaunch apartment is Provident Deansgate.