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Bangalore’s dominance in the IT and technology landscape is well known and has grown from strength to strength over the past decade or so, but did you know that it is also the biggest hub for the country’s flourishing start market that attracts significant public and private initiatives along with strong ROI. The city houses several major unicorn startups that are poised to become leaders in the global business landscape, whether it is sectors like IT & technology, manufacturing, cybersecurity or AI.
Let’s now evaluate how the growth of the startup culture here in the city directly impacts residential real estate demand and supply, especially in the premium and luxury housing categories. Firstly, startup businesses increasingly focus on moving their operations to core Bangalore hubs, and what this means is that founders, top management personnel as well as other high-salaried employees seek housing in prime Bengaluru localities for their lifestyle needs. Puravankara Limited, one of the most prominent names in real estate, has taken heed of this trend and develops luxury apartments in scales and budgets that are in line with this trend.
North Bangalore Startup Landscape & Real Estate Ties
Bangalore was always a preferred destination for startups in various sectors along with several unicorns, but over the past years, it has gone from being a high-potential startup ecosystem to one of the global leaders in the space. As per Startup Genome’s 2025 report on the Global Startup Ecosystem, Bangalore is 7th on the global list of startup hubs along with the likes of New York, London, and Boston. This has been evident in the rising number of initiatives taken by the government at boosting public and social infrastructure to accommodate new businesses and associated employment growth.
North Bangalore is a clear leader in the residential real estate market over the last few years for various reasons, led by its airport proximity and location and connectivity advantages. However, a major portion of this region’s real estate growth is driven by the shift of the IT, technology, aerospace, and AI sector jobs moving towards the region, with several GCCs set to be established around the airport zone. This directly translates to millions of new jobs, a majority of which include high-paying roles which draws people from all around the country and globally. Luxury developers like Purva have capitalized on this upcoming demand and are coming up with major projects in prime North Bangalore locations like Devanahalli, Hennur and more.
Upcoming Purva Hennur Road Apartments Suited for HNIs
Since Hennur Road is located in the prime North Bangalore stretch of Hennur Main Road, which offers access to major IT parks in North Bangalore like Manyata Tech Park in Hebbal as well as office premises on NH 44 and the ORR, the upcoming Purva Codename Hennur apartments will be an ideal choice of residence for working professionals and HNIs in general, including investors. This exclusive high-rise apartment community is designed with a low-density approach to specially cater to this group of homeowners.
The project is planned over a 3.01 acre land parcel right on the Hennur-Bagalur Main Road with direct connectivity to the Outer Ring Road and in close proximity to the airport road. There will be just 192 units available here in sizable configurations like 3 BHK and 4 BHKs with additional rooms for staff/maids. There will be just a single tower here with 2 wings and 24 floors, and there will be no shared walls between any of the homes, making it a perfect choice for those who value privacy along with luxury features and specifications.
With a base price of INR 15,000 per sq. ft. and a starting price of INR 3 Crore (for the 3 BHK apartments) here, these Purva luxury apartments in Hennur Road will suit the lifestyle preferences of both employees and C-suite level personnel who are part of the city’s ecosystem. They will be able to enjoy both long-term lifestyle benefits with the versatile range of luxury amenities along with excellent ROI potential in the long run.
FAQs
- How does Bangalore’s startup ecosystem impact residential real estate?
Bangalore has emerged as one of the global leaders in the startup space attracting millions of jobs and thereby an influx of working professionals with higher-than-average salaries who prefer luxury apartments. North Bangalore areas like Hennur in particular will benefit from this trend because of the expanding IT and technology employment landscape and luxury housing options.. - What is North Bangalore’s role in the startup-driven real estate growth?
North Bangalore is the hotspot today for several Fortune 500 companies, GCCs, as well as unicorn startups focused on sectors like IT, aviation, cybersecurity and AI. This directly results in a sharp demand rise for real estate, especially luxury projects like Purva Hennur Road apartments. - Why are luxury projects gaining traction in Hennur Road?
Hennur Road enjoys a major strategic advantage in terms of location and connectivity to major IT hubs in Hebbal and other North Bangalore zones as well as the flourishing startup company presence on the ORR. This plays a huge role in driving the demand for luxury apartment communities in and around Hennur. - What makes Purva Hennur Road apartments suitable for HNIs?
This project by Puravankara Limited will be perfectly suited for HNIs and other working professionals who are part of the city’s startup ecosystem because of the luxury features, privacy-driven masterplan and value-for-money flats delivered in a prime location with easy access to major employment zones.
