How Foxconn's Iphone Factory Is Changing Devanahalli's Real Estate In 2025
Once these are ready, areas like Shettigere and even the airport corridor will be easier to reach. This is why townships like are gaining attention from homebuyers and investors.
Foxconn's new iPhone plant in Devanahalli is not just about manufacturing phones—it's changing the future of the area. This massive project is bringing thousands of jobs, better roads, and higher land prices. As a result, Devanahalli, located in North Bengaluru, is quickly becoming one of the most attractive real estate zones in India. Projects like Godrej MSR City are now in high demand as buyers look for homes near this growing business hub.
Size: 300 acres, located in the ITIR area (between Devanahalli and Doddaballapura)
Investment: ₹21,911 crore
Jobs Created: About 40,000 direct jobs, plus many more in nearby services and logistics
Start of Production: June 2025
Worker Housing: Dorms for 30,000 workers inside the campus
Source: HindustanTimes, May2025
This huge setup is bringing more people to the area, and that means more demand for homes, rentals, shops, and office spaces.
1.Land Price Growth:
Past 5years: up by 150%–175%
Since Foxconn’s entry alone: up by 30%–35%
Source: ANAROCKGroup, May2025
2.Plot Rates (STRR region):
Regular plots: ₹5,500–₹6,000/sq.ft
Premium plots: ₹7,500–₹8,000/sq.ft
Yearly growth: 20%–28%
3.Luxury Villas:
Prices doubled in one year (e.g., BrigadeOrchards villa: ₹2.5–₹3crore in2024 → ₹5crore in2025)
Current rents: ₹1.5–₹2.5lakh/month
Source: HanuReddyRealty, May2025
4.Apartments:
2BHK units start at ₹80lakh
3BHK units in premium buildings go up to ₹2crore
Devanahalli has seen a sharp rise in rent in just one year.
1.Rental Increase (2024–2025):
Devanahalli: up by 30%
Bengaluru average: around 10%
Source: NoBroker & HanuReddyRealty, May2025
2.Examples:
2BHK rent in gated societies rose from ₹12,000 → ₹25,000/month
Rental returns now range from 1% to 3% per year
Listings on rental sites up 30% in Devanahalli
This is great news for investors looking to earn regular income from rental homes.
Big projects are making travel and life in Devanahalli easier.
STRR: 21km road connecting key towns and running near Foxconn
PRR & NH‑44: Help reduce traffic to central Bengaluru and Hebbal
Shopping & Leisure: New malls, cinemas, and high‑street retail coming up
Environment: Wide roads, green spaces, less noise than city center
Source: AddressAdvisors Blog, May2025
Godrej MSR City and similar townships are also planning in-house clinics and shopping areas for added comfort.
Even with all the growth, buyers should keep these points in mind:
Limited inventory: quality plots and villas sell quickly
Metro timeline: approved, but completion could slip
Water demand: rising population may strain supply
Document checks: always buy in RERA‑approved layouts with clear land titles
Source: OneCityProperty, May2025
Foxconn's arrival has completely transformed Devanahalli. What was once a quiet airport suburb is now a fast‑growing hub with jobs, homes, and strong returns. With better roads, the upcoming metro, and smart projects like Godrej MSR City, now is the ideal time to invest in North Bengaluru's future.