Kogilu, located in North Bangalore, is one of the top upcoming locations in the city and started witnessing rapid development after the airport shifted nearby, around 20 kilometres away. Due to this development, major IT hubs spurred demand for more jobs in the region. Kogilu is a preferred location for investments since it is located in close proximity to major business parks like the Manyata Tech Park and is located strategically between the Hennur Road and Bellary Road.
The area also offers impressive social infrastructure in the form of reputed health and entertainment centres, educational institutions and the like and this is also responsible for the spike in demand for residential properties in the location, which has also witnessed tremendous growth over the last 5 years. In terms of connectivity, the Majestic Railway Station is also located nearby.
The livability aspect of the location is also enhanced by the development of tarred, wide and well-lit roads connecting to Yelahanka, Hebbal and Hennur Road. As per reports, major locations in north Bangalore will be linked with the southern parts of the city through the metro network. A new metro network is also planned between Kogilu Cross and Carmelaram in south Bangalore in the third phase. Among the major real estate players offering residential properties in the area are the Brigade Group, Sobha Limited, New India Tanzanite, Mahaveer Reddy Structures, Canopy Estates and Samruddhi Realty Limited to name a few.
There are several projects offering 1, 2, 3 and 4 BHK apartments in the locality starting with 582 sq. ft. and going all the way up to 1950 sq. ft. These are priced anywhere between INR 20 lakh and INR 1.56 crore. The price per sq. ft. ranges between INR 3,500-8,000. Due to the rapidly growing infrastructure around this zone in Bangalore and proximity to the International Airport, investing in real estate in Kogilu may ensure higher returns in the near future.
