Bengaluru North and South renaming boosts NRI real estate interest on outskirts

The recent renaming of Ramanagara and Bengaluru Rural districts as Bengaluru South and Bengaluru North has triggered a fresh wave of real estate activity, particularly among Non-Resident Indian (NRI) investors. Alongside the announcement of the Greater Bengaluru Authority, this administrative shift is being viewed as more than symbolic, it is re-shaping investor perception and market dynamics across the city's periphery.

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Key areas like Kanakapura Road, Mysuru Road, Harohalli, Nelamangala, Magadi Road, and Kumbalagodu, once considered semi-rural or undervalued, are now being reevaluated as viable and high-potential real estate zones. Experts observe that NRIs are no longer just looking for compact homes or apartments, they’re opting for larger residential plots, often with a long-term vision of building independent homes surrounded by better infrastructure.

What’s driving this shift is not just the name change but also the infrastructure pipeline: the Peripheral Ring Road project, Metro connectivity on Kanakapura Road, and the access-controlled Mysuru Road expressway have elevated investor confidence. There's also been a noticeable rise in landowners listing plots, many of whom previously showed little interest in selling but are now tapping into the rising demand.

Moreover, these investments are no longer speculative in nature. There’s a visible trend of lifestyle-led planning, spacious plots, future villas, and second homes, all seen as extensions of Bengaluru’s core rather than isolated farmlands.

With improving governance, civic infrastructure, and seamless connectivity to the city, these outskirts are no longer the edge, they’re becoming Bengaluru’s next big real estate frontier.