Bengaluru is one of the world's best cities with the best prowess when it comes to technology. It has been set to add yet another important landmark: a 60-acre sports city in Devanahalli. Announcing this feature during a National Sports Day event, G Parameshwara, Home Minister, said that the project would prove another boost to the region in terms of infrastructures conducive to sports so that in turn would add to value to real estate properties in the vicinity with projects like "Total Environment Tangled up in the Green." This blog will discuss the nitty-grittys of the development, the anticipated benefits, and how they will go towards making Devanahalli an even better investment destination in the future.
Devanahalli: Emerging as a Hub for Growth
Primarily, this area is North Bengaluru that is called Devanahalli, which has grown rapidly in the last few years with the presence of Kempegowda International Airport, apart from the establishment of IT and aerospace parks. The sports city to come up in that place will reinforce the position of Devanahalli as one of the prime growth areas of Bengaluru. Such location-advantage, with better connectivity and infrastructure, already makes Devanahalli attractive for residential and commercial investments. The creation of the sports city is symbolic of the government's commitment to that region's improvement.
The Vision for a Sports City
Envisioned for a sports city of 60 acres, this project is intended to evolve into a thoroughly modern sports facility catering for all sports. The specifics of the facilities are not yet fully announced, but the project would attempt to work on the dwindling interest among youngsters in taking up a career in sports. This effort, further, would step up India's performance in international sporting events. Constructing such a large sports complex will benefit a great number of people in the entire locality and region. This project also seeks to consider the role of sports in nation building.
Benefits of the Sports City for Real Estate
The construction of a sports city in Devanahalli will have tremendous advantages for the surrounding area in terms of real estate investment and hence the entire market. Here are the advantages:
Increased Property Values
Residential properties or real estates become very attractive by being close to sporting facilities. Families with children and sports-loving people flock to these areas for such amenities. Demand for properties increases naturally. This makes property values soar about these facilities. This is a very good plus for projects like "Total Environment Tangled up in the Green".
Improved Infrastructure
They may involve development and improvement of transportation, roads, and utilities. In addition, improvement in infrastructure will increase the quality of life of the residents and further enhance the attractiveness of the area. Improved infrastructure will also enhance accessibility.
Enhanced Quality of Life
It encourages very active and healthy lifestyles for residents, while opening the way up to a number of sports and recreational activities. This has certainly added to a better quality of life and enhanced the potential of the area's attractiveness for homebuyers. Most families are attracted to this healthy lifestyle.
Boost to Local Economy
It will create several job opportunities for the citizens, propelling the economy in local terms. This economic growth would further improve the area, bringing in even more businesses and investments. Indeed, substantial economic impacts are manifest.
Attraction of Businesses and Investments
A great sports facility having branches of associated business such as sports equipment outlets, fitness centers, sports medicine clinics, etc. The whole creates a living environment surrounding the sports city, which raises the values of the surrounding properties even more. Businesses start creating more job opportunities.
"Total Environment Tangled up in the Green" and the Sports City Advantage
As a result of the sports city development, projects like "Total Environment Tangled up in the Green" located in Devanahalli will be benefitted as under:
Enhanced Lifestyle Appeal
Bringing you nearer to a sports city, "Total Environment Tangled up in the Green," has an added lifestyle appeal. Residents would live near these world-class sporting facilities emphasizing healthy, active living. Thus it considerably enhances the value proposition of the project.
Increased Investment Potential
"Total Environment Tangled up in the Green" as an investment opportunity becomes much more attractive with the emergence of a sports city. Future projections on property value escalations and improved quality of life make this location even more attractive to end-users and investors. This forms an important determinant for prospective buyers.
Unique Selling Proposition
This offers luxurious living with the fact that it is next to a major sports facility to come up with a unique selling proposition. This makes the project different from other real estate developments in the region. It is this that makes this project unique.
Addressing Concerns and Looking Ahead
The emergence of a sports city is a great advancement or rather an improvement. However, it should keep in mind several concerns such as adequate planning, managing traffic, and infrastructure demands, as well as ensuring the facilities are accessible to all segments of the population. Addressing these concerns would probably lead to the successful long-term realization of the project. The central government adding to the intensity of developing first-class sports infrastructure in India but declaring its bid for the 2036 Olympics will resonate with most countries around the world. This desire fits perfectly with Bengaluru's idea of building a world-class sports city as well.
Conclusion
The upcoming 60-acre sports city in Devanahalli is a considerable part of the whole picture of development, and this will include developing not just the sporting infrastructure of Bengaluru but also envelopment in the local economy. The effects are not restricted only to this but have also come down relatively heavy on real estate. For example, this will be an indirect requirement for projects such as "Total Environment Tangled up in the Green." Infrastructure improves people's quality of life and the prices of property, making Devanahalli a good investment location. Thus, the sports city will spearhead much of the critical features that would define how Bengaluru shapes and continues to develop into a mega-global city. The project is indeed a showcase of the future development and progress of the city. Devanahalli's future seems promising considering that sports city will be the propeller of more to come.
Also Read: Total Environment Tangled Up in Green: Emerging Tech Hubs Transforming the Heart of North Bangalore
Contact the Total Environment Tangled Up In The Green Professional Support Team for comprehensive details about this project.
