KIADB Aerospace Park Investment Opportunities

Jul 17, 2024
Investment Opportunities in KIADB Aerospace Park

The KIADB Aerospace Park in Bagalur, North Bangalore, is emerging as a prime destination for investors seeking lucrative opportunities. This expansive 3,000-acre industrial hub is poised to become a major hub for aerospace, defense, and IT industries, generating an estimated 300,000-400,000 jobs in the coming years.

Key Highlights in KIADB Aerospace Park

Global Aerospace Giants Establish Operations

The KIADB Aerospace Park in Bagalur, North Bangalore has already attracted a number of major aerospace and defense companies:

  • Hindustan Aeronautics Limited (HAL): India's leading aerospace and defense company has set up operations in the park.
  • Airbus: The European aerospace giant has established a presence in the park.
  • Boeing: The American aerospace company has also chosen the KIADB Aerospace Park as a base for its India operations.
  • Rolls-Royce: The British aircraft engine manufacturer has set up a joint venture with HAL at the park.
  • Wipro: The Indian IT services company has established facilities in the aerospace park.
  • Starrag India: The Swiss machine tools manufacturer has set up operations in the park.
  • Amada, Tyco, Thyssenkrupp, and other major companies have also been allotted land and set up facilities in the KIADB Aerospace Park.

Prestigious Research Institutions Fostering Innovation

The park also houses prestigious research institutions like the Indian Institute of Science (IISc) and National Aerospace Laboratories (NAL), fostering industry-academia collaboration and driving innovation.

Residential Developments Cater to Professionals

Recognizing the potential of this thriving industrial hub, key real estate developers have launched several residential projects in the vicinity, including:

  • Prestige Finsbury Park [Sold Out]: This large township development by Prestige Group is situated adjacent to the Aerotropolis within the KIADB Aerospace Park. It comprises two projects - Prestige Finsbury Park-Hyde and Prestige Finsbury Park-Regent, offering a total of 3,050 aesthetically designed 1, 2, and 3 BHK homes.
  • Brigade EL Dorado: Brigade Eldorado is a large-scale luxury residential development spread across a sprawling 50-acre site in Bagalur, North Bangalore. Developed by the reputable Brigade Group, the project offers a total of 5,000 residential units across 12 towers, each with a basement, ground floor, and 21 upper levels. The last tower has been opened recently.
  • Ecopolitan: Provident Ecopolitan is a brand new residential Nature-first themed apartment project launched in Aerospace Park, Gummanahalli, Bagalur, North Bangalore. The massive residential enclave, Provident Ecopolitan will be spread across 4 phases and features the very best in Provident Housing's premium living segment.
  • Assets Sora & Saki: Assetz Sora and Saki is a brand new residential eco-luxury themed apartment project launched in Bagalur KIADB Aerospace Park, Gummanahalli, North Bangalore. The massive residential enclave, Assetz Sora & Saki will be spread across 2 phases and features the very best in Assetz Properties' luxury living segment.
  • Godrej Ananda: Godrej Ananda offers apartments and studio apartments with an excellent blend of modern architecture and the characteristics of the project, ensuring comfortable living surroundings. 1BHK, 2BHK, and 3BHK are the distinct apartment arrangements. The Third phase is open now.

These residential developments offer excellent investment opportunities, as the rapid growth and development of the KIADB Aerospace Park are expected to drive strong demand for housing in the area. The strategic location, world-class infrastructure, and proximity to major aerospace and IT companies make these projects attractive investment options.

Reasons to Invest in KIADB Aerospace Park

Strategic Location: Bagalur is strategically located about 9 km from National Highway 7 and 31 km from Bangalore city center, with good connectivity. It is also in close proximity to the Kempegowda International Airport, providing easy access for aerospace and aviation companies.

Infrastructure Upgrades: The area is undergoing significant infrastructure upgrades, including multi-lane access roads, a proposed metro rail, and a 220/66/11 kV substation for uninterrupted power supply. Bagalur is also being developed as a smart city, with plans for advanced technology solutions for governance, public services, and sustainable urban living.

Investment Potential: The residential projects in the vicinity of the KIADB Aerospace Park, such as Provident Ecopolitan and Godrej Ananda, offer excellent investment opportunities, as the area's rapid development and growing employment opportunities are expected to drive demand for housing.

Conclusion

The KIADB Aerospace Park in Bagalur presents a compelling investment opportunity for those seeking to capitalize on the region's burgeoning aerospace, defense, and IT industries. With its strategic location, world-class infrastructure, and thriving residential developments, the park is poised to become a hub of economic activity and growth in the years to come.

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