Infrastructure creates value. Nothing affects property prices in Indian real estate as much as connectivity by roads. The IVC Road project is creating the most buzz in the minds of property investors in North Bangalore over any other road project. The article examines the IVC Road development impact Sadahalli property prices in great detail. It covers the scope of the road upgrades, the connectivity benefits they provide, the importance of road infrastructure in property appreciation in Bangalore, and the implications for buyers looking for luxury apartments in the Sadahalli micro-market.
What Is the IVC Road Development?
IVC Road or International Airport Road Via Bagalur Cross is an important arterial road running east-west across the northern arc of Bangalore. It connects various localities like Bagalur, Sadahalli, Chikkajala and the surrounding areas. The east-west road intersects with the north-south airport highway corridor connecting central Bangalore with Kempegowda International Airport.
The in-progress road infrastructure upgrades Sadahalli and the larger IVC Road corridor include widening of existing road to multi-lane configuration, improvement of surface quality and drainage, upgrading of intersections and junctions for smooth traffic flow and improvement of street lighting and pedestrian infrastructure. The upgrades are part of a larger infrastructure investment program to decongest the North Bangalore corridor and improve last mile connectivity between the residential areas and the airport highway.
The IVC Road improvements mean that in particular, Sadahalli residents now have much better road connectivity to Yelahanka, Bagalur, Jakkur and western stretches of North Bangalore – areas that were accessible only via narrow, poorly maintained local roads. The radius of connectivity has increased and it is directly adding to the liveability quotient of the Sadahalli micro-market.
IVC Road Connectivity Improvement for North Bangalore
The IVC Road connectivity improvement North Bangalore can be seen even beyond Sadahalli. This new east-west arterial road is an upgrade of the existing north-south airport highway and effectively changes the connectivity grid of the entire northern zone.
Prior to the IVC Road upgrades, the airport highway was the only high-quality road link connecting the North Bangalore areas. This meant, of course, that any east-west travel had to occur on narrow local roads, village routes and poorly signalled intersections. With the development of the IVC Road, this equation changes fundamentally. It offers a parallel arterial road and cuts down on the use of the airport highway for local access.
The residents of Lodha Sadahalli however get twice the practical benefits. The upgraded IVC Road provides quicker and more seamless access to localities in the western North Bangalore like Jakkur, Yelahanka Air Force Station area and the fast developing commercial areas along the Bagalur corridor. At the same time, it reduces congestion on the airport highway by rerouting local traffic to the redeveloped IVC Road, thus improving the commute experience for residents who choose the highway for their southbound journey to Hebbal and central Bangalore.
To know all about the infrastructure developments that are all set to change the face of Sadahalli corridor read our article on upcoming infrastructure projects near Sadahalli.
The Relationship Between Road Infrastructure and Property Prices
The notion that infrastructure development will propel property appreciation along IVC Road is not a theory – it is a proven fact based on consistent historical trends witnessed in Bangalore and other major Indian urban centers.
When the airport highway connecting Bangalore to Kempegowda International Airport was upgraded and widened, property prices along the corridor increased by multiples in a decade. What once seemed remote and difficult to access was now the ideal place to live and do business. Better road connectivity has directly led to a dramatic spike in prices in Devanahalli, Yelahanka and Hebbal.
The development of the IVC Road is creating a similar dynamic for the localities along its path. Before the road improvements, Sadahalli’s connectivity was largely one-dimensional, depending only on the airport highway to access the outside city. Sadahalli has gained multi-directional connectivity with the IVC Road upgrades that have enhanced its effective catchment and made it accessible from an increased number of origins.
Historical data for similar infrastructure projects in Bangalore indicates that properties within 2-5 km of a major road upgrade generally see price appreciation of 20-40% during the construction phase and the three to five years post-completion. Sadahalli is another case in point where the current pricing is still based on the connectivity profile before the upgrade and there is scope for appreciation once the better road gets commissioned.
Read our article on capital appreciation trends in Sadahalli and North Bangalore to know more about the data driven analysis of capital appreciation trends happening in Sadahalli and North Bangalore.
What This Means for Lodha Sadahalli Buyers
The IVC Road project is a good value catalyst for buyers looking at Lodha Sadahalli. The project is located on Tarabanahalli Main Road which is having a direct connectivity to IVC Road corridor. The completion of road improvement and upgraded connectivity going live will greatly improve the accessibility profile of the Sadahalli micro-market and this is getting manifested in property values.
This timing is especially relevant for pre-launch buyers. In the current pre-launch phase, buyers entering the market are paying for the current connectivity profile. The IVC Road development works offer various benefits and rapid growth in connectivity will become a reality, leading to an expected increase in property values in the Sadahalli corridor. If you buy before launch, you can take advantage of this infrastructure-led appreciation as soon as the road works are done.
This is a strong dynamic in the Sadahalli micro-market along with the other infrastructure catalysts – including the airport expansion, potential metro extension, Devanahalli Business Park growth and KIADB Aerospace SEZ development. With each of these projects individually the price will go up. Combined, they form a multiplier effect that makes Sadahalli one of the strongest infrastructure-led growth stories in the current real estate scenario of Bangalore.
Beyond Appreciation — How Better Roads Improve Daily Life
The investment implications of the IVC Road development are huge but the gain in everyday life is no less. More and better roads mean less time in traffic, less fuel consumption, less wear and tear on vehicles, safer driving conditions and less stress in the daily commute.
Better road connectivity to nearby localities makes it safer and faster for families with children studying in those localities to reach the schools. The enhanced IVC Road provides alternate routes for working professionals accessing employment hubs in the larger North Bangalore region, helping to reduce reliance on any one congested corridor. Better roads mean older household members can more easily get to healthcare, social activities and daily errands.
One such factor is the quality of road infrastructure which impacts on every member of the household, daily, accumulating over time spent in residence. With Lodha Sadahalli airport connectivity advantage and the upsides on IVC Road, the connectivity profile is hard to beat for residential locations in Bangalore.
To understand how IVC Road connectivity benefits your daily commute from Lodha Sadahalli, schedule a site visit and experience the routes firsthand. For complete connectivity details, visit the location page.