Quantum City sparks real estate boom in Hesaraghatta: Land values and residential demand surge

The Quantum City Project is transforming Hesaraghatta into Bengaluru’s next real estate hotspot, attracting investors, developers, and high-skill workforce to the northwest corridor.

The Karnataka government’s Quantum City Project in Hesaraghatta is not just a technological initiative, it is poised to reshape the real estate landscape of Bengaluru’s northwest corridor. Located 25-30 km from the city center and near Kempegowda International Airport, Hesaraghatta has historically lagged in urban development compared to Bengaluru’s eastern and southern corridors. The Rs 1,000-crore Quantum City investment will feature cutting-edge labs, start-up incubators, high-performance computing centers, and collaboration platforms between academia and industry, creating a world-class quantum ecosystem.

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The project’s announcement has already led to a surge in land acquisition and prices. Gated plots are trading between Rs 3,000–4,000 per sq ft, with select premium projects reaching Rs 8,000 per sq ft. Experts forecast at least 5% annual appreciation in land value, boosted by infrastructure development and the creation of a self-sustaining technology and research hub.

Residential demand is set to soar as Quantum City is projected to create around 200,000 high-skill jobs by 2035. This will drive demand for a mix of housing options — affordable units for support staff, mid-segment apartments for professionals, and luxury villas for top-tier talent. The influx of employees is also expected to trigger a commercial boom, with office spaces, retail hubs, and entertainment venues following residential growth. Additionally, essential services including schools, hospitals, and recreational facilities will emerge, enhancing the quality of life in the corridor.

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Infrastructure and connectivity are key catalysts for this growth. Hesaraghatta’s proximity to major arterial roads and the airport, combined with planned upgrades in public transport, utilities, and academic expansions such as the International Centre for Theoretical Sciences (ICTS-TIFR), is likely to further boost both residential and commercial development.

Market sentiment remains positive, with investors seeking early entry into plots, residential projects, and commercial spaces. Developers predict that the corridor will evolve from an investment-driven market to one dominated by end-user demand as jobs, infrastructure, and urban amenities come online. While experts caution that growth will be phased, starting with land appreciation followed by residential and commercial development, the long-term outlook positions Hesaraghatta as a bustling innovation and real estate hub.

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In summary, the Quantum City Project is not only Bengaluru’s next technological frontier but also a catalyst for unprecedented real estate growth. Investors, developers, and homebuyers moving early into Hesaraghatta stand to benefit from long-term value appreciation, making this corridor a key focus for the city’s evolving urban landscape.