Whitefield is a dynamic suburb that impeccably blends modernity with tradition, which makes it one of the coveted investment destinations in the Silicon Valley of India. The area boasts an excellent transport network to all areas of the city and has a developed social framework that attracts a lot of people.
These reasons attract a lot of people to Whitefield in Bangalore. Prestige Raintree Park is best to consider for investment as it is in the most sought-after area of Whitefield.
The real estate market in Whitefield is growing at a rapid rate, and prices are rising fast. Over the past 5 years, the average prices in Whitefield have increased by 52.5 percent. With the increasing real estate demand in the area the prices are also increasing at a rapid rate. People who invest here will get good returns in terms of rental value and resale value.
The area has a fast developing social framework after the IT boom. There are a lot of schools, colleges, malls, and IT hubs which makes this area to consider to settle. All needed features are at a reachable distance which makes this area very ideal for many families. People here can get access to quality education and the best colleges in the city.
The area has the best and most modern medical features with a lot of the best hospitals. There are various leisure spots to consider to have a great time on weekends like Cubbon Park, Bangalore Palace, Lalbagh Garden, etc. The area has a good climate throughout the year, which attracts a lot of people here.
There are a lot of housing options in the city to consider at all budget ranges. Budget-friendly homes start from Rs.45 Lakhs, and luxury homes to consider for investment start from Rs. 1 Crore. There are houses in all size ranges to consider, and people can select from studio flats ranging from 500 sq ft to big rowhouses that range up to 2000 sq ft. There are many ready-to-move-in homes and many upcoming projects in the area to consider for investment.
Whitefield has a better transport network to all other areas of the city through the BMTC bus and the purple line of the metro. All other cities can be reached easily from the nearest Whitefield Railway Station. There are a lot of buses, metros, and cabs at frequent intervals to enable people to reach all areas of the city easily.
The area is known for the IT companies like HP, IBM, CTS, Wipro, etc, that offer a lot of jobs for all the people. Apart from IT, there are other start-ups and other non-IT jobs that give job offers. It attracts a lot of people to settle here and invest as they can stay near their workplaces.
These top features make everyone consider Whitefield for investment. Investing here is a wise choice as the land value increases fast, and it will give good returns in the future.
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