Is It Good to Buy a Flat in Whitefield?
Whitefield is a prominent tech and residential hub located in the eastern periphery of Bangalore. It has become one of the most demanded areas because of its IT boom. The area is considered a good place to live as its connectivity is good, and it offers many top housing options. Buying a flat in Whitefield is good as there are many options. These flats are offered in sizes ranging from 1 BHK to 5 BHK. The avg price of the units starts at Rs 70 Lakhs onwards. The avg property price in the area is Rs 10,800/ sq. ft. The rental rates of the flats range between Rs 30K to 70K. Whitefield is an expensive area and has housed some of the premium range housing options.
The locality has housed more than 400 IT firms and startups that offer many job opportunities. Its pin code is 560066 and can be easily traced on Google Maps with the coordinates. The area's upscale amenities, like malls, hospitals, hotels, schools, etc, have attracted people on a large scale.
The area is home to many tech parks and IT companies. This makes it a popular area for IT professionals. Being close to major employers helps reduce commute times.
There are many top schools, hospitals, malls, and hotels in the area. These features are nestled near big residential projects like Prestige Raintree Park.
The connectivity in the region is good and is served by Kadugodi Metro station. There are BMTC buses for smooth commuting at affordable fairs. The roads like ORR, NICE Rd, SH-35, etc, have made it easy for people to travel to any part.
The area offers a diverse range of houses, flats, and plots. These are located in grand townships that are crafted by top builders, including Prestige Group. The price range is also affordable and suits buyers of all budget types.
The area promises high returns on investment as property prices are increasing. This gives potential buyers and investors a chance to invest now. The rental rates are also affordable and investors can get good rents.
Whitefield has housed many premium residential apartment projects, some of these are:
Prestige Raintree Park is a marvelous mixed-use housing and commercial project in Whitefield, Bangalore. It is spread over a land area of 107 acres and is being developed in 3 phases. Phase 1 covers 21 acres and includes 18 high-rise towers featuring 1,520 flats. The flats range in 3, 3.5, and 4.5 BHK sizes, with areas ranging from 2005 sq. ft. to 3700 sq. ft. Its affordable prices start from Rs 2.59 crore onwards. 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. The venture was launched in August 2024; its possession is scheduled for 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.
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