Why Invest in Whitefield Bangalore
Whitefield wasn't always the buzzing commercial center it is now. Back in 1930, the total population of the area was only 130! It was considered one of the outer areas of Bangalore and was mainly an empty land expanse. The Whitefield, however, has no resemblance to the area of just a few years ago. The primary catalyst for this transformation was the setting up of ITPL, one of the city's first tech parks, right in the crux of Whitefield. Today, it is one of the best localities in Bangalore, with tech parks, restaurants, and residential projects everywhere. If you are planning on purchasing a home, here's why Whitefield should be on your list.
Whitefield is at the crux of Bangalore's IT boom. The steady incoming investments have made it one of the fastest-developing areas in Bangalore. It is home to some of the biggest tech parks, such as ITPL, Sigma Soft Tech, and more. Many of the world's giant firms like IBM, Mphasis, and SAP Labs have opened up their headquarters in Whitefield, leading to many jobs. People from across the nation have moved here for work, and it also has one of the most significant populations in the country. These factors have made Whitefield one of the most cosmopolitan localities in Bangalore.
The Present Scenario
The IT outbreak has changed the face of the neighborhood. Consequently, it has many premium villa developments, elevated condos, and gated plots. Whitefield is currently home to giant corporations and e-commerce companies. It serves as an epicenter for IT companies and entrepreneurs. It has evolved into a center of excellence. This results in a wide range of careers in the area. International Tech Park has had a beneficial effect on a residential buildings. It is among Bengaluru's earliest technology parks. Whitefield has attracted several healthy companies, including IBM and IGATE. As a result, this part is worth investing in.
Reasons for Growth in Whitefield
Easy accessibility
Whitefield's infrastructure has been enhanced by hops and bounds to keep up with its expanding population. Despite being in the outer part of Bangalore, the locality enjoys easy connectivity to almost every critical city area. Whitefield Road from Krishnarajapuram and Varthur are two of the most significant arterial roads here. The site also has its railway station from which electric trains run to critical areas of the city. But the most significant advancement in its connectivity is the Phase 2 Namma Metro project. With the metro, people can easily travel to and from Whitefield in less time than it would otherwise take.
Less traffic and the crowd
Compared to other regions of the city, this place is less busy. As a result, Whitefield has become a desirable place to reside. Furthermore, Whitefield has many flats and mansions for purchase. The pricing range is equally comprehensive. You can buy low-cost or high-end abodes. It includes many apartments, business properties, and homes. You might also choose commercial buildings in a desirable neighborhood. Many RERA-approved options are open to talented professionals.
Ample availability of entertainment spaces
Whitefield offers a wealth of social opportunities. Given the entertainment needs of people from all age groups, the area has distinct amusement options for its inhabitants, like Inorbit mall, Forum, Cosmos, etc. many Galleries and art centers encourage art in all of their embodiments. As a result, the presence in this area is beautiful and comfortable. It is, in reality, a famous hangout spot for artists. Purchasing a home in this area entails a property and various exciting activities. These elements contribute to the high price of Whitefield residence constructions.
Affordable housing options
The number of offices opening here has led to an explosion in the number of people shifting here. This has also led to the demand for quality accommodation, which has caused residential prices in the locality to skyrocket. Several reputed builders have launched residential projects in Whitefield. As this area is still evolving, property prices here are lower than in other parts of the city. Because of this, homebuyers can find big houses that fit their budget. With affordable apartments becoming the real estate element's future, Whitefield's property will become even more appealing.
Prestige Serenity Shores
Prestige Serenity Shores is another excellence from the Prestige group. This magnificence is in the very developed east Bangalore. It brings the new concept of modern living, where the environment meets technology. Top and spacious interiors with signature and comprehensive conveniences, every element here will boost the residents' living experience. This property will house 1, 2, and 3-bedroom sets. These homes will give a modern living experience to all worthy dwellers extraordinarily refreshed.
Prestige White Meadows
Prestige Group is one of the most famous home builders. Prestige White Meadows is the best project from the Prestige Group. In Whitefield, Prestige White Meadows comprises four buildings and more than 60 villas and bungalows on one of the city's most beautiful and picturesque hills. Prestige White Meadows is one of the finest homes in Bangalore because it has many conveniences built to international standards.
Prestige Waterford
Prestige Waterford is another venture of the Prestige group. The goal of the futuristically designed Prestige Waterford project is to provide a modern home for someone who desires a high-class lifestyle. Prestige Waterford, which is located east of Bangalore Whitefield, consists of 689 roomy, well-built 3 and 4 BHK apartments spread across a massive 16 acres of land in 7 gorgeous buildings. Apartments with three bedrooms start at Rs. 1.42 crores. Numerous advantages come with this Prestige Group apartment development, including a prime location, a pleasant and comfortable lifestyle, first-rate amenities, a secure environment, and high potential. A luxurious pre-launch property called Prestige Waterford is perfectly constructed on ECC Road in the center of Whitefield in East Bangalore. The Prestige complex incorporates a tasteful and well-planned layout of superbly useful landscapes and surroundings.
