With significant commercial and residential development in the area, real estate is in high demand in the region.

Devanahalli was part of Gangawadi and later came under the rule of Rashatrakutas, Nolambas, Pallavas, Cholas, Hoysalas and the Vijayanagara rulers.

Their leader Rana Baire Gowda was apparently directed in a dream to set up a settlement in this region.

During the time of Vijayanagara rule, Malla Baire constructed the initial mud fort in 1501 with the consent of Devaraya, the headman of the village Devanadoddi that stood prior to their arrival, and named it Devanhalli or Devandhalli.

A series of rulers from the same family ruled Devanahalli, the longest being Dodda Baire Gauda, for 54 years.

Ali rebuilt the fort, using stone in the form of an oval, flanked with circular bastions and two cavaliers on the eastern face.

[7] In 2023, Foxconn bought 300 acres of land in Devanahalli and has invested ₹21,911 crore (US$2.5 billion) for creating a manufacturing facility.

There has been a growth of tourist traffic recently due to the impetus provided by the Bangalore International Airport.

Devanahalli fort, spread over an area of 20 acres that includes twelve bastions is a magnificent reminder of the power that the ruling dynasties held since the 15th century.

[14][15] There is a large pond known as Sarovara said to have been built by Deewan Purnaiah of Mysore kingdom and the Anjaneya in the Shrine near to it is called Sarovaranjaneya.

[17] The terminal 2 of KIA was designed by Skidmore, Owings & Merrill (SOM), a firm based in Chicago, United States.