Plots For Sale
Malur vs Devanahalli Plots: Which is the Smarter Investment in 2024?
Posted by Admin
Bangalore's real estate market has seen explosive growth in peripheral areas, with Malur (₹1,500-2,500/sqft) and Devanahalli (₹2,500-4,000/sqft) emerging as top contenders for plot investments. While both offer strategic connectivity and future growth potential, key differences in pricing, infrastructure, and ROI make one stand out as the better choice for 2024 investors. This comprehensive 800-word analysis breaks down every critical factor to help you make an informed decision.
Location & Connectivity Face-Off
Malur: The Industrial Powerhouse
Strategic Advantage: Located 35km from Bangalore along NH75, Malur provides direct access to:
• KIADB Industrial Zone: 500-acre hub housing Toyota, Hitachi, and 200+ industries
• Bangalore-Chennai Expressway: 2026 completion (5km from Malur)
• Railway Connectivity: Malur Station (45 mins to Bangalore City)
• Whitefield Access: 35-minute drive via NH75
Devanahalli: The Airport City
Strategic Advantage: Situated 40km north with:
• Kempegowda Airport: 15-minute drive
• Aerospace SEZ: 300-acre Boeing/TATA project
• NICE Road Access: Connects to South Bangalore
• Proposed Metro: Phase 3 extension (2027-28)
Price & ROI Comparison (2019-2024)
| Parameter | Malur | Devanahalli |
|---|---|---|
| 2024 Price/sqft | ₹1,500-2,500 | ₹2,500-4,000 |
| 5-Year Appreciation | 22% CAGR | 18% CAGR |
| Rental Yield | 4.2% | 3.5% |
| Loan Approval Rate | 92% (SBI/HDFC) | 85% |
Infrastructure Development
Malur's Growth Engines
1. KIADB Phase 2 Expansion: Additional 300 acres for electronics manufacturing
2. Water Supply Project: 24/7 Cauvery water pipeline (tender awarded)
3. Multi-Specialty Hospital: 150-bed facility (Apollo in talks)
4. Metro Survey: DMRC feasibility study for Malur extension
Devanahalli's Upcoming Projects
1. Aerospace Park: ₹5,000 Cr investment by 2026
2. Airport City: 100-acre mixed-use development
3. Pharma SEZ: 200-acre dedicated zone
4. Elevated Corridor: Airport to Hebbal (2027)
Investment Potential Analysis
Best For Short-Term (3-5 Years)
Devanahalli: Airport expansion drives 15-18% annual returns, ideal for investors seeking moderate growth with lower risk.
Best For Long-Term (5-10 Years)
Malur: Industrial boom and expressway access could deliver 25%+ returns by 2030, perfect for high-risk investors.
Legal & Financing Aspects
Malur Plots
• RERA Compliance: 78% projects registered (KA-RERA/PRJ series)
• Loan Rates: SBI @6.9%, HDFC @7.2%
• Title Risks: Verify KIADB acquisition records
Devanahalli Plots
• RERA Compliance: 65% projects registered
• Loan Rates: SBI @7.1%, HDFC @7.4%
• Title Risks: Check BMRCL land acquisition notices
Resale & Rental Market
Malur
• Industrial Rental Demand: 2BHK @₹12,000-15,000/month near KIADB
• Resale Premium: 30-40% over 3 years for highway-facing plots
Devanahalli
• Airport Staff Rentals: 1BHK @₹8,000-10,000/month
• Resale Premium: 20-25% over 3 years near SEZ
Expert Recommendation
For investors with ₹30-50L budget, Malur offers better value with:
• Lower entry price (40% cheaper than Devanahalli)
• Higher industrial-driven appreciation
• Stronger rental yields (4.2% vs 3.5%)
Devanahalli suits NRI investors seeking airport proximity and stable returns.
Current Plot Availability
Malur East: 8 plots left @₹1,499/sqft (1200-2400 sqft)
Devanahalli North: 5 plots @₹2,800/sqft (1800-3000 sqft)
Ready to explore? View Malur plots inventory or check Devanahalli listings.