Reasons To Invest In Whitefield Bangalore

2024-01-24

Real Estate Investment

From a small village to the most sought-after locality in Bangalore, Whitefield has transformed to become a lucrative investment opportunity. As one of the key tech hubs in Asia, it has encouraged the development of housing projects. It has evolved to become a preferred real estate destination.

Let us look at the top 10 reasons to invest in Whitefield Bangalore:

IT Hubs:

IT boom has reshaped the suburb. As a result, it boasts various luxury Villa projects, high-rise apartments, gated community plots are showing a surge in demand.

The major MNCs and e-commerce giants now operate in Whitefield. It is a nerve center for IT firms and several startups. It has grown into a tech hub. This generates a variety of jobs in the area. 

International Tech Park, ITPL has positively impacted the boost in residential developments. ITPL is one of the oldest tech parks in Bengaluru. It is home to L&T infotech, Xerox, Vodafone, SAP, etc. Many well-known firms like Oracle, IBM, and IGATE have also entered Whitefield. Thus making this region worthy of investment.

Job Scope:

The fact that most MNCs work from Bengaluru east areas like Whitefield is enough to show the scope of the job. An increase in employment has been the key reason for the massive demand for office spaces in Whitefield. And also the housing projects.

The presence of various IT firms has made the area popular among the working group. 

Whitefield has advanced greatly since the IT boom. ANSYS, Oracle, Uber, etc. are top hiring companies in Whitefield. This has invited a large number of the population to the city. And this has positively impacted the housing sector.

Location and Neighborhood:

The location is less crowded compared to other parts of the city. This has made Whitefield an ideal region for a living. Moreover, there are many flats and villas available for sale in Whitefield. The range of prices is also wide. 

It has a vast collection of apartments, commercial units, and luxury villas for sale. You can invest in affordable or luxury villas. Or you can go for commercial units at a prime location. There are many RERA-approved choices available from reputed developers.

Whitefield's Seamless Connectivity:

Another factor that hints at a good investment opportunity is the connectivity of the region. Whitefield is well connected by road, rail, and air. It has easy access to the rest of Bengaluru via Whitefield main road. It is further linked to HAL old airport road and Varthur road. Whitefield and Hoodi are the closest railway stations. It is also connected to Kempegowda International Airport via SH 104. The ongoing metro extension from Baiyappanahalli to Whitefield will further strengthen the connectivity. The everyday commute is also made easier. Buses connect the localities of Whitefield and nearby regions.

Such vast connectivity has boosted the value of property in this region. This seamless connectivity has made this loclaity a favorite place among investors.

Civic Utilities:

Good civic utilities are essential. Especially where people live. It includes medical care and education facilities.

Reputed Hospitals and Education centers are here at the service of Whitefield residents.

Hospitals & Schools:

• Sri Sathya Sai Super Specialty Hospital
• Ryan Int. School
• Vydehi Hospital
• Gopalan Int. School
• Sri Sathya Sai Institute of Higher Medical Sciences
• The Deen’s Academy School
• The Brigade School
• Delhi Public School

Entertainment Options:

Apart from connectivity and IT companies, this area also houses several amusement options. Right from malls to restaurants and breweries. This place offers wonderful places to eat out. And, the cuisines are delicious too. Many shopping malls surround the area. Some of them are:

• Inorbit Mall
• Park Square Mall
• Forum Mall
• Cosmos Mall
• Phoenix Market City

Whitefield has amazing social amenities. This makes the lifestyle in this region comfortable and fun.

In fact, it is a favorite spot among artists. The art theatres and museums celebrate art in all forms. Buying a villa here is not just about a home, but lots of fun activities. These factors add to the high value of residential projects in Whitefield.

Future Potential:

The tech boom is still rising and is expected to continue in the coming years too. This tech growth is an index of a future rise in property value. 

Whitefield is one of the fastest-growing zones in Bengaluru. Not only housing, but the commercial projects in Whitefield are seeing a surge in demand. Finding an office or retail shop in the IT city is a factor of pride and high resale value.

Return Of Investment:

Whitefield offers value for money. We all know the steady rise in land values in Bangalore. 

The property value in Whitefield has not yet reached the value of houses in central areas in Jaynagar and Indiranagar. The average price of properties in Whitefield is Rs, 4,976/sq ft. While, in Jayanagar and Indiranagar, the average is over Rs. 15,000 per sq ft. This is a massive difference. This can indeed pay well in the long run.

The collection of amazing properties in Whitefield invites the attention of all home buyers. The place is growing as a residential hub. The extension of the metro and other infra projects has given way to high appreciation rates.

All these factors point that Whitefield is the best locality to invest your hard-earned money. It'll be worth the purchase.

So, if you are to looking to buy property in Whitefield Bangalore, Kindly fill the contact us form or call our expert at ☎️+91-6366370375.

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Regrob is a Tech-Enabled Real Estate Brokerage Firm with more than 35 Branches in PAN India. We have our dedicated team in all branches that provide accurate and correct information about the project. We are the RERA certified real estate brokerage company to work in Bangalore under RERA ACT with RERA Number- PRM/KA/RERA/1251/310/AG/180626/000997