Benefits Of Buying Property In Whitefield

Whitefield is a thriving residential and IT hub of Bangalore. located in the premium eastern periphery. It is famous for its tech industry, which is rapidly developing, and currently, it houses more than 450 companies. This industry has made the area a lavish spot for professionals to reside and invest. It has become one of the most sought-after areas in the city that boasts good connectivity and top civic amenities. It gives easy access to schools, colleges, and hotels. Residents of the area can go to the malls and parks for entertainment. The property rates in the area have also risen upto 10% from the previous year. Investing in this area will give high returns and rentals to the owners.

Top builders from all over India have reshaped the city's infrastructure; these include Prestige Group and others. It offers various-sized plots, villas and apartments. The rentals in the area are also affordable. The avg price of a 2BHK apartment begins from 65 Lakhs onwards. The rents of the units also begin from 25 K onwards. Whitefield is a nice place to live and is also one of the most expensive areas of the city. The area has a huge potential for growth and returns.

Here are some of the benefits of buying a property in Whitefield, Bangalore:

High Demand - The area is in high demand because of its growing housing demand and rising tech industry. There are several tech parks and MNCs that have made it a posh area to live. It is famous for housing the largest tech park, ITPB that hosts many companies. There are top schools, hospitals, and malls as well in the area. It is one of the safest places to live in.
Connectivity - This area has excellent connectivity through all modes of commuting. It is served by the Kadugodi metro station, which has made transit facilities cheap and cut traveling time. There are many BMTC buses and cabs available 24/7. These give access to the residents to go to any part of the city. It is 38 Km away from the airport and can be reached via Old HAL road. The Whitefield railway station connects people all over India.
Accessibility to other areas - The locality connects with other locales like Varthur, Bannerghatta, E-City, etc. Its distance to these areas lies between 4 Km to 31 Km. There are major roads, like ORR, NICE Rd, Hosur Rs, etc, that link well to other locales. Its direction to Bangalore central and other parts is also well-connected.
Various affordable housing options - The locality offers many residential options for buyers. From 1-4 BHK apartments, 4 & 5 BHK villas to 1200 sq. ft. onwards plots. It is a nice area to live with family as these houses are affordable. The area is growing in demand and can offer units for an individual to families. Best builders like Prestige Group have launched new projects in the area. Its upcoming project is Prestige Raintree Park, which offers high-end apartments starting at Rs 2.59 Cr.
High potential for growth - Whitefield's real estate market is promising steady growth. Its commercial sector rose to 12% in FY 2023. The residential sector ensures high ROI and rents. The most demanded is apartment and its rent begins from Rs 25k onwards.

There are many more advantages like its lush greenery, the presence of emergency service, etc. These factors make Whitefield a prime option for buying a property here.