Renaming of B'luru North, South, Greater Authority rollout spark investor interest

WITH Bengaluru's neighboring districts, Ramanagara and Bengaluru Rural renamed Bengaluru North and Bengaluru South respectively, real estate experts say it has ignited a renewed interest, especially among Non-Resident Indians (NRIs), who are rushing to invest along Kanakapura and Mysuru roads.

- AKNISREE KARTHIK @Bengaluru

They opined that the renaming, along with the rollout of the Greater Bengaluru Authority, has dramatically shifted the investor behaviour, as investors, especially NRIs, now prefer to invest in larger plots in these locations that were once overlooked as villages. They said there is also an interest spike in rural belts beyond Nelamangala, Harohalli, Hosur border and Magadi Road, among others.