Doddaballapur, located on Bengaluru’s northwestern outskirts, has been identified as one of India’s top eight emerging micro-markets for the next five years, according to a report by Colliers. This recognition stems from its strategic location, infrastructure advancements, and upcoming mega-projects.
Situated less than 40 km from Kempegowda International Airport, Doddaballapur benefits from its proximity to key hubs such as the Devanahalli Business Park, Satellite Town Ring Road, and BIAL IT Investment Region. These developments, including Aerotropolis Airport City, have attracted significant IT and residential projects, boosting the area’s potential. Land prices here are projected to grow by 1.5 times, increasing from ₹3,800 per square foot in 2024 to ₹5,726 by 2029.
Across India, other micro-markets like Khopoli near Navi Mumbai, Sanand in Gujarat, and Sonipat in Haryana are witnessing similar growth. Khopoli leads with an expected land price surge of 3.9 times due to the Navi Mumbai International Airport, set to open by mid-2025.
Infrastructure is the driving force behind these changes. In Bengaluru, projects like Kempegowda International Airport have catalyzed North Bengaluru’s expansion, causing land prices to rise significantly in areas such as Devanahalli, Chikkaballapur, Hebbal, and Yelahanka.
Elsewhere, projects like Mumbai’s Trans-Harbour Link, NCR’s Jewar Airport, and Chennai’s Peripheral Ring Road are spurring urbanization, facilitating the rise of satellite towns and contributing to notable land value appreciation.
These developments highlight the transformative impact of infrastructure on urban growth and real estate in India.
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