About Devanahalli Plotted Development

Investing in a plotted development requires a lot of research and planning. One of the most critical questions that arise in everyone’s mind is, “Which property should I invest in?” There is an ample number of properties in Bangalore across various locations, out of which Devanahalli stands top among home buyers and investors.

Devanahalli is among the top fastest-growing cores of the city with Kempe Gowda International Airport, Hardware Tech Park, Aero SEZ, International Tech Park, Science Park, and Financial City. The locality is also home to many reputed Educational Institutions, Hospitals and offers brilliant connectivity to the rest of the city.

The suburb is very well connected to NH-44, famously known as Bellary Road, a six-lane signal-free road that connects to Outer Ring Road (ORR). The proposed 65-km Peripheral Ring Road will pass through Devanahalli via Bellary Road, further establish smother connectivity with eastern Bangalore.

The proposed site for Phase-2 of the Namma Metro Project, which goes through Nagawara in North Bengaluru and closures at Gottigere in South Bangalore, will reduce travel time, further enhancing the connectivity.

There are numerous plotted developments in Devanahalli from various reputed builders and developers, slated to offer the best investment experience. Purvankara is coming up with new plots by the name Purva Tivoli Hills.

Advantages of Plotted Development:

• The appreciation price is also faster and higher compared to other kinds of investments
• There is always a lot of demand for plots as the return on investment (ROI) is high
• Investors have the freedom to customize their living space giving them the flexibility to design their dream home
• Investors have the luxury to move in at their convenience as there is no deadline to construct their dream home
• Parking space is within the plots, and maintenance cost is also lower compared to that of an apartment

Disadvantages of Plotted Development:

• Plots are susceptible to encroachments. Clearance of legalities and ensuring there are no disputes is quite a task
• In some instances, plots lack the basic civic amenities such as a well-developed approach road, water, electricity, and sewage
• Availability of loans are limited as banks provide loans based on plots located within the municipal limits
• Tax complexities and taxation issues have to be strict followed to avoid penalties
• Reselling might be a complication due to the higher appreciation rate. Finding the right buyer could be a challenging task

With the proper documents in place, investing in a plot offered by a reputed builder ensures that you get a deal as per your budget and your other preferences. Because Devanahalli is a rapidly emerging residential suburb of Bangalore, one can look forward to long-term satisfaction with the land investment that they make.

By being placed in the most peaceful environment and yet having proximity to the amenities offered by the main city, Devanahalli is an ideal spot to buy plots in Bangalore.