How Foxconn’s iPhone Plant Is Transforming Devanahalli into North Bangalore’s Investment Hotspot
Devanahalli, once known primarily for its proximity to Kempegowda International Airport, is now commanding national attention for another reason: the upcoming Foxconn iPhone manufacturing facility.
Slated to begin production in June 2025, this 300-acre mega project is already reshaping the region’s real estate landscape, infrastructure, and investment potential—turning Devanahalli into one of India’s most promising real estate hubs.
Demand Surge & Price Appreciation
With the announcement that a significant share of iPhones sold in the U.S. will soon be “Made in India,” property demand in Devanahalli has skyrocketed. As per real estate experts:
• Land prices have increased by 30–35% in just the last year
• Over the past 5 years, rates have surged by 150–175%
• Plots along STRR are now priced at ₹5,500–8,000 per sq. ft.
• Luxury villas on IVC Road are listed at ₹5–6 Cr and above
The Foxconn effect is real—and it’s boosting both residential and commercial demand.
Residential Boom
The residential sector is seeing explosive growth in:
• Plotted developments along STRR (Satellite Town Ring Road)
• Luxury villa projects such as Sobha Oakshire, Sobha Lifestyle, and White Lotus
• Premium apartments starting from ₹80L to ₹2 Cr
Rental demand is also surging:
• 2BHK units that once rented for ₹13,000 now command ₹25,000/month
• Villas are fetching up to ₹2.5L/month, especially in gated communities
Infrastructure & Employment Magnet
The Foxconn facility isn’t just an iPhone plant—it’s a complete ecosystem. With:
• A projected 30,000-person workforce
• Worker dormitories, SEZs, and logistics support
• Direct links to STRR, NH44, and proximity to the airport
This development is expected to unlock a massive employment corridor, attracting blue-collar workers, professionals, and global talent alike.
Key Takeaways for Investors & Homebuyers
• Inventory is limited, but demand is rising fast
• Devanahalli offers a mix of plotted land, villas, and apartments
• Projects “10 minutes from Foxconn” are now a major sales hook
• Height restrictions due to airport proximity favor low-rise, villa-type development
• Rental returns are climbing: a sign of strong end-user demand
Final Word
From iPhones to investment returns, Devanahalli is evolving into the Gurugram of South India—but with better planning, infrastructure, and scope for plotted development.
If you’re a serious investor or a homebuyer looking at long-term growth, now is the time to enter Devanahalli—before land becomes unreachable and inventory dries up.
Contact Starrbites to explore curated investment plots and luxury projects near Foxconn.
Mr. Sunil
Phone/WhatsApp: +91 96322 13131
Email: info@starrbites.com
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