How Expensive Is Whitefield

Whitefield is a prominent and top tech locality of Bangalore located in the eastern suburbs of the city. The area is one of the most expensive localities in the city, offering high-end properties. These properties start at the starting price of Rs 10,315/ sq. ft. The avg rent begins at Rs 30000-35000 for a 2 BHK flat. The area boasts independent houses, flats, and plots by the best builders. The most demanded unit is flat in the region. The highest property rates in the area have gone to Rs 12,800/ sq. ft., and the avg rental yield has risen upto 5%. The area is one of the richest localities in the present date.

Whitefield is one of the best places to live and invest as it boasts strong connectivity and amenities. There are well-linked roads like ORR, SH-35, etc. It is close to the metro station and airport as well. The proximity to other tech hubs like Marathalli, Electronic City, etc, is 12-25 Km. Its top schools, malls, and hospitals have made it a nice option to live and invest. Many big builders like Pretige Group have launched their top projects like Prestige Raintree Park in the area. Buying a house in the area is worth it because of its rising property rates.

Reasons why Whitefield is expensive are:

• High real estate demand: The area's real estate demand is high, making it a top choice for buyers.
• IT Hub: Being one of the premium IT hubs the area's demand has already increased. In the last 1 decade, a mass population has settled in the locality.
• Good returns: The area promises high returns and rentals to new home buyers and investors.
• Good connectivity: The locality has good connectivity through all modes. It is close to other areas and basic amenities.

Some of the affordable housing projects in Whitefield are:

Prestige Raintree Park is a luxurious mixed residential and commercial project in Whitefield, Bangalore. Spread across 107 acres, it is being developed in three phases. Phase 1 covers 21 acres and includes 18 high-rise towers with 1,520 flats. The flats come in 3, 3.5, and 4.5 BHK sizes, with areas ranging from 2005 sq. ft. to 3700 sq. ft. Prices start from Rs 2.59 crore. 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. Launched in August 2024, it is expected to be ready for possession by December 2028.

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.

Prestige Lavender Fields is a gated community offering luxury apartments in Varthur, Bangalore. The project spans 18.2 acres and includes six tall towers with 1,473 apartments. These modern apartments come in 1, 2, 3, and 4 BHK layouts. The sizes are offered from 669 to 3656 sq. ft. Prices are flexible, starting from Rs 64 lakhs up to Rs 3.55 crore. The project was launched in June 2023, with possession expected by May 2027. It is RERA-approved, with ID PR/290423/005906.