When we talk about the real estate scenario of a particular city, it is obvious that one or more localities would be there that stand out from the rest. For Bangalore real estate, Whitefield is one such locality. Being the nerve center of the city’s IT sector, Whitefield has always attracted young professionals. With good infrastructure and all civic amenities already in place, this central locality is one of the most developed areas in the city.
Out of the totals flats for sale in Bangalore, majority are in the Whitefield area. But first, let us judge various aspects of Whitefield on set parameters to know if it is actually the perfect locality to invest in:
Infrastructure and Connectivity
Whitefield is located in the eastern part of Bangalore and is connected with an active web of roads, highways and expressways. The HAL Airport Road, ITPL main road and other national highways and state highways surround the locality. The Phase 2 of Namma Metro (Bangalore Metro Rail Service) will also cater to the commuting needs of this locality. Whitefield is also connected with an extensive bus service offered by the BMTC. Since it is a highly active commercial zone of the city, it can never lack connectivity options. The Whitefield Railway Station lies in the Chennai-Bangalore Route and is a well-developed system; new lines along the route are also being laid. A Traffic and Transit Management System is also available for this area.
Civic Amenities and Social Infrastructure
Whitefield has a thriving social infrastructure. Being the center of all commercial activities, the locality houses the most popular shopping malls of the city namely the Inorbit Mall, Park Square Mall and Phoenix Market City. Super-specialty hospitals and educational institutions offering international level of academics can be found in Whitefield. Parks, recreation centers, gaming lounges and nightclubs are also in abundance.
Residential and Commercial Real Estate
Until the 2000s, Whitefield remained a quaint little suburb with meagre development. As the IT/ITeS drive started in Bangalore, it reshaped the face of this locality. It has now become one of the most sought-after residential locations of Bangalore. However, it is not easy to be afforded by the middle-class segment. It boasts of high-end apartment complex, gated communities, villas, builder floors and row house projects. Properties in Whitefield can be found in prices ranging between 20L to 2 Cr. Sobha Developers, Matri Realty, Supertech, Puravankara and Prestige Group are a few reputed builders who have come up with their projects in Whitefield.
Whitefield is already a highly sought-after destination in Bangalore and it is still rising as a hot locality to invest in. The proximity to commercial areas and a well-developed social infrastructure are the two main attractions of this location. People who invested during the initial stages of development have made tremendously high profit on their investment.
However, now the real estate market of Whitefield is brimming with a large number of residential and commercial projects. People working here want to settle down nearby thus giving a push to the demand for residential real estate. But those who cannot afford a home in the central parts of the locality are moving towards the outskirts of it. Hence, Whitefield itself is a great place to invest in along with the areas surrounding it.
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