Puravankara Projects

Puravankara projects in KIADB Aerospace Park, Bangalore

What KIADB Aerospace Park Is — and Why It Matters Residentially

KIADB Aerospace Park is an industrial zone developed by the Karnataka Industrial Areas Development Board (KIADB). The park spans 980 acres under a dedicated Special Economic Zone (SEZ) designation, with an additional 2,020 acres allocated to hardware, hi-tech, and defence parks, bringing the total footprint to approximately 3,000 acres. Its purpose is to attract businesses, boost industrial growth, and create job opportunities in Karnataka, with a specific mandate for companies involved in aircraft component manufacturing, technology products, and advanced research.

The residential market here is not an organic spillover from older Bangalore suburbs. It is directly and deliberately shaped by a single fact: KIADB Aerospace Park's demand driver is the airport and the aerospace employment belt — unlike Thanisandra, whose demand is anchored to Manyata Tech Park, or Devanahalli town, which sits further from the park gates. That specificity creates a more concentrated rental base and a more predictable capital demand curve than diffuse IT corridors.

Location and Physical Context

The park is located in the northern part of Bengaluru, primarily around the Bagalur and Devanahalli region, and lies close to Kempegowda International Airport — roughly 10–15 kilometres away — along the NH-44 (Bellary Road) corridor. The industrial area is about 9 kilometres from NH-7, 31 kilometres from Bengaluru city centre, and the Dodda Jala railway station sits approximately 9 kilometres away.

Inside the park, multi-lane access roads, underground cabling for power supply, street lighting, and dual water supply pipelines for potable and tertiary treated water are already in place. The Satellite Town Ring Road (STRR), a 280.8-kilometre, four-to-six-lane expressway, connects Bagalur to twelve satellite towns, reducing travel time to Yelahanka (18 km, approximately 25 minutes) and Hebbal (25 km, approximately 35 minutes).

Established Corporate Tenants

The character of a residential micro-market is determined in large part by who is commuting out of it each morning. At KIADB Aerospace Park, that profile is unusually concentrated. Boeing India Engineering Technology Centre (BIETC), Dynamatics, Collins Aerospace, Goodrich Aerospace, Magellan, and Safran HAL have chosen the Devanahalli Airport Area aerospace park for their operations. Other established names include Wipro, Tyco, Shell, ThyssenKrupp, and Starrag India.

Over 70 industrial units have been allotted plots — ranging from 1,000 sq m to 100,000 sq m — catering to aerospace, electronics, and automotive industries, with over 30 companies already operational and employing thousands. With roughly ₹13,000 crore already invested and an estimated 300,000–400,000 jobs in the pipeline, the employment density here is unlike any other greenfield corridor currently forming in North Bangalore.

Transit Infrastructure: Road, Rail, and Metro

National Highway 44 (Bellary Road) and the Satellite Town Ring Road (STRR) provide the primary road connectivity to Hebbal, Yelahanka, Devanahalli, and Central Bangalore. The SEZ's proximity to NH-44 ensures a roughly 30-minute drive to Manyata Tech Park (17 km) and approximately 35 minutes to Hebbal (25 km).

The most consequential infrastructure change in progress is the Namma Metro Blue Line (Phase 2B). This 37-kilometre under-construction airport-link section of the Blue Line will connect Bengaluru city to Kempegowda International Airport with 17 stations. Doddajala is an upcoming elevated station on the Blue Line's north–south corridor; it will also serve as the depot station holding Blue Line trainsets for maintenance, and is slated to be operational around June 2026. Doddajala Metro Station sits directly adjacent to the KIADB Aerospace Park boundary, and when operational will provide direct connectivity from inside the SEZ to KR Puram, Whitefield, Indiranagar, and MG Road.

In January 2026, the Railways approved a ₹4,100 crore suburban rail line — an 8.5-kilometre track connecting the city to the airport — with a confirmed station planned at KIADB Aerospace Park.

Social Infrastructure in the Immediate Catchment

The Bagalur and Devanahalli catchment around the park has accumulated meaningful social infrastructure over the last decade of growth. Schools including National Public School (NPS), Delhi Public School (DPS), and Ryan International are within a 15-minute drive. REVA University is approximately 10 kilometres away, Delhi Public School (North) about 11 kilometres, and Bhartiya Mall of Bengaluru approximately 12 kilometres.

The broader park ecosystem integrates industry, research institutions such as the National Aerospace Laboratories, and residential developments, creating conditions for a more self-sustaining urban cluster.

Residential Market: Who Is Buying and at What Prices

A January 2026 market report identified KIADB Aerospace Park as the top investment location in North Bangalore by activity, with developers building over 20,000 new homes to meet demand from staff at Boeing, Airbus, and other aerospace firms. The KIADB Aerospace and Hardware Parks corridor has attracted new-launch apartment projects from multiple listed and unlisted developers, including Brigade and Prestige alongside Puravankara.

For premium gated communities in the park, pricing in 2026 ranges between ₹11,000 and ₹12,000 per square foot — elevated from prior years but still offering better value on a per-square-foot basis than established corridors such as Whitefield or Sarjapur. The rental case rests on a structural supply gap: growth here is driven by a significant jobs-versus-homes imbalance, with roughly 400,000 workers expected in the park zone while only approximately 70,000 homes are planned across all developers.

Puravankara's Position in This Corridor

Founded in 1975, Puravankara Limited is headquartered in Bengaluru. The company has delivered 86 projects covering 50 million square feet, with another 31 million square feet under development across more than 23,000 homes. Strategic moves include acquiring marquee Mumbai redevelopment projects with a combined GDV exceeding ₹9,500 crore, and partnering on the 24.59-acre North Bengaluru parcel tied to a ₹3,300 crore GDV.

In North Bangalore specifically, Puravankara has an established footprint: Purva Aerocity in Chikkajala, near Devanahalli, spans 7 acres and offers approximately 300 homes in 2, 3, and 3.5 BHK configurations. Delivered projects in Bangalore include Purva Venezia, Purva Seasons, and Purva Whitehall. The KIADB Aerospace Park entry, Purva Northern Lights, represents the developer's largest single commitment to North Bangalore to date.

Purva Northern Lights comprises 2,973 apartments across 8 towers on 24.55 acres inside the KIADB Aerospace and Hardware SEZ at Bagalur — exactly where the aerospace and defence employment corridor meets the upcoming Blue Line Metro at Doddajala station. The project received Phase 1 RERA approval on 12 March 2026 and broke ground on 15 April 2026. The master plan allocates approximately 7.89 acres to central green spaces, with dual clubhouses spanning nearly 100,000 square feet, approximately 72,500 square feet of retail space, and 80-plus lifestyle amenities.

Frequently Asked Questions

What makes KIADB Aerospace Park a well-connected location for daily commuting?+
KIADB Aerospace Park sits in Bagalur, North Bangalore, roughly 31 km from the city centre and 8–9 km from Kempegowda International Airport, reachable in 10–15 minutes. Road access runs via NH-44 (Bellary Road) and State Highway 104, with onward links to the Outer Ring Road, Hebbal (25 km, approximately 35 minutes), and Manyata Tech Park (17 km, approximately 30 minutes). The Namma Metro Blue Line Phase 2B, with the Doddajala station approximately 3 km from the park, is targeted for completion by 2027 and will connect the corridor to the rest of the city. The Satellite Town Ring Road (STRR) further draws heavy traffic away from internal residential roads.
What schools and hospitals are accessible from KIADB Aerospace Park?+
Families within KIADB Aerospace Park have Delhi Public School North and Ryan International School within a 10–15 minute drive, alongside CMR University and REVA University within roughly 10–12 km. Aster CMI Hospital is among the noted healthcare facilities accessible from the Bagalur belt, with further multi-specialty options toward Yelahanka and Hebbal, currently a 15–20 minute drive away. Bhartiya Mall of Bengaluru, approximately 12 km from the park, is the primary large-format retail destination serving residents today. New hospitals and healthcare facilities are planned for the area as the township scales.
What types of housing are available in KIADB Aerospace Park?+
The residential market in KIADB Aerospace Park is anchored by large gated apartment townships, with most projects set on 20–50 acre land parcels and rising to high-rise formats of 21–31 floors. Configurations span 1 BHK through 4 BHK apartments, with unit sizes ranging from approximately 521 sq ft to 2,400 sq ft depending on the project and developer. Developers active in the zone include Godrej Properties, Brigade Group, Puravankara, Assetz Property Group, Kalyani Developers, and Prestige Group, each delivering large-scale communities with clubhouses, green buffers, and integrated amenities. Plotted development is less common here than in the adjacent Devanahalli belt, where villa and plot formats dominate.
Who is KIADB Aerospace Park best suited for as a home buyer?+
The locality is a natural fit for aerospace, defence, IT, and manufacturing professionals who work within the park or at nearby campuses such as Boeing India, Airbus, Collins Aerospace, Foxconn, and Shell Technology Centre, all of which are operational in the zone. The walk-to-work proximity and wide, planned internal roads make it particularly appealing for nuclear families and dual-income couples who want to avoid Bengaluru's central-city traffic without sacrificing a structured township environment. Long-term investors targeting rental income from a skilled, high-earning workforce also find the location attractive, given that the park is projected to generate 300,000–400,000 jobs as it scales.
What are current property prices in KIADB Aerospace Park?+
As of 2026, apartment prices in KIADB Aerospace Park generally range from approximately Rs 7,500 to Rs 11,500 per sq ft, with the average for premium gated communities hovering around Rs 9,000 per sq ft. A standard 2 BHK unit typically falls between Rs 80 lakh and Rs 1.1 crore depending on the developer, floor, and stage of construction. Entry-level 1 BHK options start from around Rs 80 lakh, while 3 BHK and 4 BHK apartments in larger township projects are priced from approximately Rs 1.6 crore upwards.
What is the employment and commercial ecosystem driving demand in KIADB Aerospace Park?+
KIADB Aerospace Park spans 3,000 acres in Bagalur and hosts over 300 companies across aerospace, defence, hardware, and technology sectors as of 2026. Named occupants include Boeing India, Airbus, HAL, Collins Aerospace, Foxconn, SAP Labs, and Shell Technology Centre, among others. The SEZ component covers approximately 980 acres and operates under Karnataka's Aerospace Policy, which targets 65% of India's aerospace manufacturing output for the state. This concentration of high-value employers is the primary driver of residential demand and rental yield in the corridor.
How is social infrastructure around KIADB Aerospace Park expected to develop?+
The Bagalur township around KIADB Aerospace Park is still maturing, with large-format malls and comprehensive multi-specialty hospitals currently requiring a 15–20 minute drive toward Yelahanka or Hebbal. Within the zone, upcoming developments include a World Trade Center on a 74-acre site targeted for 2027 and new healthcare and educational campuses planned to serve the growing resident population. Karnataka Housing Board has announced plans to acquire 593 acres near the Foxconn site to add residential and civic infrastructure. Residents in established township projects benefit from built-in clubhouse facilities, sports courts, and retail conveniences within their gated communities while the broader neighbourhood infrastructure matures.
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