Hardware Park is not a residential address by origin. It is a part of the Karnataka Industrial Areas Development Board (KIADB). The KIADB cluster in Bagalur, north of Bangalore, comprises three distinct zones — the Hardware Park, an IT Park, and an Aerospace Park — covering a combined 2,600 acres. The Hardware Park itself, spanning roughly 850 acres, was purpose-built for the manufacture of computer chips, LEDs, computer components, and telecommunications hardware.
The park sits on Bagalur Main Road (SH-104), close to Kempegowda International Airport, and adjoins the Aerospace Park and the Shell Technology Centre, forming a continuous technology corridor along the northern edge of the city. Within the Hardware Park itself, a 250-acre special economic zone (SEZ) has been designated. Of the companies currently operating inside, 47 are headquartered in Taiwan, with a small number from Japan also present.
The area's residential transformation can be traced to two catalysts: the establishment of the Aerotropolis by Bangalore International Airport Limited (BIAL) alongside the KIADB's IT, Aerospace, and Hardware Parks, and the construction of the Elevated Expressway to BIAL and the Devanahalli Business Park.
Ongoing government-backed infrastructure projects — including the Peripheral Ring Road (PRR), an Airport Metro Link, and the Aerospace SEZ — are reshaping the area's physical fabric. A proposed Metro Phase 3 extension is expected to significantly improve connectivity to the city and along the airport corridor. The combination of a large, stable employment base in the KIADB cluster and improving road and transit links has turned a zone that was largely industrial a decade ago into one of Bangalore's more active residential pipelines.
Hardware Park, Bagalur is approximately 20–25 km from Bangalore's city centre, and close to Kempegowda International Airport. Residents can reach the airport in roughly 15–20 minutes.
Average apartment prices in Bagalur currently stand around Rs 9,700 per sq ft. In price-change terms, flat rates in Bagalur have moved up 13.5% over the last year, 83% over three years, and 120.5% over five years. Independent data corroborates the five-year story: Bagalur has recorded a roughly 94% increase in property prices over the last five years.
In the most recent annual measurement, Bagalur registered a 21.55% rise in property prices, placing it alongside Hebbal as one of the stronger performers in the northern belt, driven by proximity to major job hubs and the aerospace and industrial projects in progress.
A Square Yards study estimates that property prices across the key northern micro-markets of Thanisandra, Yelahanka, Devanahalli, and Bagalur have jumped between 69% and 133% since FY21, with flat prices in these belts now touching Rs 11,000–Rs 13,000 per sq ft on average.
The KIADB cluster has attracted institutional-scale developers rather than just local builders. Puravankara, Bangalore's publicly listed developer with five decades of delivery history, has established a notable presence in this corridor. Its Purva Northern Lights — a 24.59-acre integrated township in the KIADB Aerospace Park belt — is already underway, and the upcoming Purva Esplanade represents the group's next commitment to the same geography.
Purva Esplanade is a residential community by Puravankara featuring 2 and 3 BHK homes, located in the Bagalur–Hardware Park region with connectivity to key IT and business hubs. The project spans 24.8 acres and is positioned as a high-rise gated community within the KIADB zone.
Other names active in the Bagalur residential market include Brigade (El Dorado), Assetz (Sora and Saki), Kalyani (LivingTree), and Puravankara's own subsidiary Provident (Ecopolitan in adjoining Gummanahalli) — a list that reflects how far this corridor has moved from its exclusively industrial roots.
Founded in 1975, Puravankara Limited is headquartered in Bengaluru. The company has completed 86 projects across nine major cities, including Bangalore, Chennai, Hyderabad, Pune, and Mumbai. Its track record covers approximately 20 million sq ft of projects — around 12.8 million sq ft completed and 7.2 million sq ft ongoing.
Beyond Indian cities, Puravankara has extended into international markets with projects in Dubai and Colombo. Its subsidiary Provident Housing, launched in 2008, serves mid-income buyers, while Purva Land, established in 2021, addresses plotted development. As a listed company, Puravankara's compliance with RERA-mandated delivery timelines is publicly verifiable — a structural distinction buyers in this corridor factor into their decisions.
| Parameter | Data Point |
|---|---|
| KIADB cluster area | 2,600 acres (Hardware + IT + Aerospace Parks) |
| Hardware Park area | ~850 acres |
| Distance to KIA | 15–20 minutes by road |
| Distance to city centre | 20–25 km |
| Average apartment price | ~Rs 9,700 per sq ft (2025) |
| 5-year price appreciation (flats) | ~120% (99acres data) |
| SEZ within Hardware Park | 250 acres |
| Pin code | 562149 |
