Infosys, which had abandoned its plans to set up a sprawling campus near the airport, has now found a place in Hebbal.
It will move into a 1.77 lakh sq ft facility at Karle Town Centre.
Infosys is India's second largest IT services company, with its headquarters in Bengaluru.
The new centre will accommodate 1,600 engineers, sources familiar with the development told DH. Construction is in progress.
In 2014, Infosys had announced it would expand and set up a campus in north Bengaluru. It began buying land directly from sellers for its campus.
After acquiring a major portion of the 300 acres on which it had planned its campus, the company had second thoughts.
It then cancelled its plans, citing poor road connectivity and inadequate water supply.
Emerging IT hub
Ramadas Kamath, Infosys executive vice-president, declined to comment on the development.
Hebbal is emerging as a new IT hub, with the presence of Manyata Tech Park, and several companies setting up business in adjoining Sahakarnagar.
The state government is planning a transport hub at Hebbal. The area boasts good housing and healthcare. It is easy to access by road, and is well connected both to the city and the Kempegowda International Airport.
Infosys works from a huge campus at Electronics City. It also has offices at Manipal Centre on Dickenson Road, Equinox on Hosur Road, Mohan Chambers in JP Nagar, and Gold Hill Supreme Software Park in Begur.
The company has said it would fulfill its hiring commitment for the current fiscal.
Though headquartered in Bengaluru, the largest Infosys campus is in Pune, with a sitting capacity of 33,000 employees.
If executed, the project near the airport would have given Infosys its largest campus in Bengaluru.
Karle Group is setting up Karle Town Centre with an investment of about Rs 10,000 crore. It is spread over 96 acres, and provides amenities for a special economic zone.
The Karle Group is catering to companies shifting to north Bengaluru, its director Sudarshan Karle told DH.
"Karle Infra is developing Karle Town Centre for mixed use in the future capital of Bengaluru. It will help innovators and new-age entrepreneurs," he said.