Whitefield is a premium urban locality of Bangalore that is located in the eastern part of the city. In the posh area, a new project has been launched, Prestige Raintree Park, serving to be the prime investment option. It is a 21-acre venture that offers 3 to 5 BHK flats, enhancing the area's demand. The area's pin code is 560066. This shows the postal address that is in the urban region. The area was earlier a suburb of the city but now has transformed into a major tech hub. It is home to more than 400 tech firms and MNCs, making it a top choice for workers. The region is served by 2 metro stations. It also has a good network of roads. In the last 3 decades, the locality has been one of the most demanded areas of Bangalore.
Whitefield, an eastern zone area, is a posh locality that has attracted a huge population. It is also one of the top residential areas of the city, offering safety and good returns. The area offers many types of properties, from houses and flats to plotted projects. Being an expensive area, Whitefield promises good rents and returns. The property value of per sq. ft. is Rs 10,800. The highly demanded units are flats, and their avg rent is Rs 25K onwards.
The area is the 1st tech corridor to get the Namma metro line. There are many BMTC buses and local taxis to take commuters to any part of the city. The area is home to the largest IT park, ITPL, and also home to Wipro's headquarters. It has several best schools, hospitals, malls, and hotels, making it a posh area. Several top builders, like Prestige Group, have launched grand ventures in the area. These projects promise higher returns and good rental yields.
Some of the best residential options to invest in Whitefield, Bangalore are:
Prestige Raintree Park is a marvelous mixed-use housing and commercial project in Whitefield, Bangalore. It is spread over a land area of 107 acres and is being developed in 3 phases. Phase 1 covers 21 acres and includes 18 high-rise towers featuring 1,520 flats. The flats range in 3, 3.5, and 4.5 BHK sizes, with areas ranging from 2005 sq. ft. to 3700 sq. ft. Its affordable prices start from Rs 2.59 crore onwards. The project also features a 25-acre commercial space with a tech park and a mall. It is RERA-approved, with the RERA ID PR/270824/006981. The venture was launched in August 2024; its possession is scheduled for December 2028.
Prestige Park Grove is a new-age housing apartment project in Whitefield, Bangalore. Spanning 72 acres, it includes 19 grand towers with a total of 3,715 apartments. The apartments range from 1 to 4 BHK, with carpet areas between 412 sq. ft. and 3463 sq. ft. Prices start from Rs 80 lakhs. The project is RERA-approved, with the RERA ID PR/100823/006141. It was launched in August 2023 and is expected to be completed by December 2027.
Prestige Somerville is a beautiful residential apartment township on Marathahalli-Whitefield Road, Bangalore. Spread over 6.5 acres, it has two impressive towers. These towers offer 306 apartments in 2, 3, and 4 BHK sizes, with unit sizes ranging from 1203 to 3510 sq. ft. Prices start at Rs 1.7 crore. The project is RERA-certified, with RERA ID PR/290224/006660, and is scheduled for completion in Dec 2027.
Prestige Green Gables is a top-end residential project on 12 acres in Whitefield, Bangalore. It offers 657 luxurious 3 and 4 BHK apartments in 4 towers. The sizes range from 1981 to 2712 sq. ft., and prices start at INR 2.1 Cr. It is RERA-certified, with a completion date in June 2025. The RERA ID of the project is PR/140222/004706. The project was launched in 2021 and is in the development phase.
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