Is Whitefield An Expensive Area

Whitefield is one of the posh and expensive areas of Bangalore located in the eastern periphery. This is because it is a major IT and business hub. Many people are drawn to the area, with many tech parks, MNCs, and startups located here. The high demand has raised property prices in the locale. This high demand is especially for premium residential projects. The current rate of property in the area is 10,315/sqft. The most expensive property in the area is priced at Rs. 23,326/ sqft. The rental properties are also high on demand and have rose upto 5% in the last 5 years. The locality promises high returns to property owners.

Whitefield is a good place to live and invest as it is safe and offers properties of all types. It offers top villas, apartments, and plotted projects by top builders like Prestige Group. The most demanded property type in the area is apartments. Buying a flat in the area is worth it as it yields higher ROI. The area is also famous for its excellent connectivity with main roads, the metro, and public transport. Also, it has top schools, hospitals, malls, and malls nearby. This makes it a highly valued area for real estate investment.

In the area a new project is launched by Prestige Group, Prestige Raintree Park. The venture is one of the best options for buyers to invest and live.

Here are the top properties in Whitefield, Bangalore:

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 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.