Why is Whitefield a perfect destination for investment?
  •  Nov 28, 2019
  •  Shweta Yadav

Bangalore has an exhaustive list for a city that garners attention for all the right reasons. Being a hub of opportunities, it houses the best spheres of Information Technology, education, outsourcing, cleanliness, cosmopolitan crowds, conglomerate projects, business people, and ex-pats. Amongst seven major office markets, this city has the lowest vacancy levels. Developers have been keeping up with the market dynamics consistently. One of the major hotspots in Bangalore in the present date happens to be Whitefield. Property in Whitefield is a dream come true for potential homebuyers and investors with its brilliant location and excellent amenities.

 

At one point in time, this area happened to be barren lands with zero inhabitants but in today date, it has an influx of almost 10,000 people regularly. It's IT presence also played an important role in its development. It boasts of corporate giants like Tata, Saint Gobain, IBM, Intel, Life Tree and many more. Given the occupancy of such impressionable companies, connectivity is one of the crucial focus points of this area. This area is well connected to all the major parts of the city via road and rail. Even the metro is under construction and will give fantastic mobility to other parts of the city making it easier for its occupants to travel.

 

This area is surrounded by Marathahalli, Mahadevapura, Ballandur and Krishnaraja Puram. Not only is there a demand of a 2 BHK flat in Whitefieldbut 3 BHK flat in Whitefield has also garnered major interest from families around the nation. Major residential projects are on its way to this area. These residential projects are not the only premium; they also offer attractive price plans, fantastic communication, and luxurious amenities. Given the fact that Whitefield happens to be a major IT hub in Bangalore, it is a perfect living opportunity for budding professionals and families alike. 

 

The nearest railway station happens to be the Whitefield Railway Station. Situated in Kadugodi, it has trains to Mysore, Chennai, and Kolar. Marathalli station is 7 km away while the Yeshwanthpur Station is an hour drive away. The Bangalore Metropolitan Transport Corporation provides both regular and Vajra intercity buses from the Whitefield bus stop. The Whitefield Road and HAL road connects Whitefield to all the major locations via Mahadevapuram and Marathalli respectively. Both of these are four-lane roads. 


The proposed Phase II of Namma Metro will connect this area to Byappanahalli and is expected to make connectivity a piece of cake. This area also houses some of the major educational institutes like the Whitefield Global, Ryan International, Sri Satya Sai and Institute of Bioinformatics; and hospitals like Columbia Asia Hospital and Sri Sathya Sai General Hospital. All these social and civic amenities make Whitefield one of the most coveted locations of Bangalore. The prices of property in the area are expected to see an increase in the future due to the rising demand, making it one of the best investment destinations in property in Bangalore.