Future Real Estate Outlook For Shettigere And North Bangalore
Shettigere is a fast-growing area in North Bangalore. It's becoming one of the best places to buy a home or invest in real estate in 2025. This is because it is close to the Kempegowda International Airport and has many new roads and metro lines coming up. Also, lots of companies and tech parks are opening nearby, making it popular with people who work there.
There are a few main reasons why Shettigere is growing quickly:
Close to the Airport: Shettigere is just a short drive from the airport. This makes it a great place for people working in aviation, logistics, and hospitality to live.
Better Roads and Metro: Big projects like the new metro line connecting Outer Ring Road to the airport, the Peripheral Ring Road, and the Satellite Town Ring Road are being built. These will make it easier to travel around Bangalore.
More Jobs: The Aerospace Special Economic Zone and many new tech parks and business hubs near the airport are creating many jobs. This means more people want to live close by.
Government Support: The government is working on smart city plans and improving services in the area, helping it grow in an organized way.
In 2025, Shettigere's property prices have been rising steadily.
Plots of Land: Prices for land vary between ₹4,500 and ₹12,000 per square foot. The average price is about ₹6,500 to ₹8,000 per square foot.
Apartments and Villas: New apartments cost between ₹7,000 and ₹10,000 per square foot. Villas and bigger homes cost more.
Nearby Areas: Places like Yelahanka and Devanahalli have apartment prices around ₹8,900 to ₹10,500 per square foot.
Price Growth: Shettigere has seen a 35% increase in plot prices in just one quarter early in 2025. This shows strong demand.
Rental Income: Rental yields in the area range from 3.5% to 5%. This is good for people who want to rent out their homes.
Big infrastructure projects will soon make Shettigere even more connected:
Metro Line: The metro line from Outer Ring Road to the airport is under construction. It is expected to start running by 2027. This line will have a station near Shettigere, making travel to other parts of Bangalore much easier.
Peripheral Ring Road: This new 8-lane highway will connect major highways around Bangalore. It will reduce traffic and make Shettigere easier to reach.
Satellite Town Ring Road: This road connects 12 towns around Bangalore, including Shettigere. Parts of it are already open, and the rest should finish by 2027.
Shettigere benefits from many companies nearby:
The Aerospace SEZ has big companies like Rolls-Royce and Airbus suppliers.
The IT Investment Region in Devanahalli plans to become one of India's largest IT hubs.
Devanahalli Business Park and Airport City are growing, bringing more jobs in tech, logistics, retail, and hotels.
This means many workers want to live in Shettigere, boosting home demand.
Shettigere has good facilities nearby:
Schools: International schools like Canadian International and Stonehill International are close.
Hospitals: Big hospitals such as Aster CMI and Columbia Asia serve the area.
Shopping: Malls like RMZ Galleria in Yelahanka are nearby, and new shopping centers will open with the Airport City.
Top builders are active here:
Godrej Properties launched Godrej MSR City in April 2025, offering 2 and 3 bedroom homes with delivery expected by 2030.
Other big developers include Birla, Tata, Prestige, and Sattva.
Resale homes and plots are selling at higher prices than at launch, showing good returns.
Experts say property prices in Shettigere could grow 8% to 12% every year until 2030. By then, prices might reach ₹7,500 to ₹9,000 per square foot for regular homes. The new metro and roads will make commuting easier and improve the quality of life.
There are still some challenges, like construction noise and the need for more local schools and hospitals, but the area is growing steadily.
Shettigere offers a great chance to buy property before prices rise even more. With the airport nearby, strong infrastructure projects, and growing job hubs, it is a good place for both homebuyers and investors.
Q1: How will the new metro line affect Shettigere?
A1: The metro will connect Shettigere directly to the airport and IT corridors, reducing commute times and boosting property demand.
Q2: Are property prices in Shettigere affordable compared to nearby areas?
A2: Yes. Prices are more competitive than in Yelahanka or Devanahalli and are expected to rise steadily.
Q3: Which builders have projects in Shettigere?
A3: Leading developers like Godrej, Birla, Tata, Prestige, and Sattva are all active here.
Q4: What lifestyle facilities are available in Shettigere?
A4: Reputed schools, hospitals, and shopping centers are easily accessible, making it suitable for families.
Q5: Is Shettigere a good option for NRIs?
A5: Yes, its proximity to the airport and consistent price appreciation makes it a preferred NRI investment zone.