Bangalore's IT boom has triggered a domino effect, with a robust real estate business spreading towards the city's outskirts. Suburban neighbourhoods such as Whitefield and Sarjapur have grown popular among first-time home purchasers due to the numerous advantages they provide. Let's look at some of them.Excellent connectivity
Whitefield is connected to the city's major hubs by the Whitefield Road and Varthur Road arterial highways. These roads run through the Mahadevapura and Marathahalli areas, offering continuous connectivity to all Whitefield inhabitants. Your everyday drive to work will be more therapeutic than taxing with such cutting-edge roads. Aside from immaculate roads, Whitefield is home to a fully operating train station on the Bangalore-Chennai highway. Furthermore, the Namma Metro Project would be extended to connect Byappanahalli and Whitefield across a stunning 13-station route. To top it all, Whitefield's proximity to Bengaluru International Airport has made it a popular business trip destination.Infrastructure socially unparalleled
A strong social infrastructure has a significant impact on the region's housing market, and Whitefield is no exception. Whitefield has it all, from prestigious educational institutions and renowned medical facilities to family entertainment zones.IT is booming.
Top IT businesses and industrial heavyweights have set up shop in Whitefield, contributing significantly to the city's IT boom. This area is dotted with a variety of tech parks, which provide a profusion of career prospects. As a result, Whitefield has attracted a steady stream of working professionals and graduates, setting the path for a robust real estate market. Rental rates have been rapidly increasing in this area, making now an excellent time to invest and reap large rewards. Apart from solid career prospects, residing close to your place of business is always a smart option. Not only will you save time on the road, but you'll also arrive home energised and ready to spend quality time with your loved ones.
Whitefield has developed into one of Bangalore's most important IT corridors. When the country's largest and first IT park, International Tech Park Ltd (ITPL), opened in this location, the IT sector exploded.
In the last 5 to 10 years, Whitefield has undergone a tremendous transformation. The key reason for this transformation was the arrival of the IT sector in the area. The expanding IT sector has converted Whitefield, which was once a peaceful neighbourhood, into Bangalore's top residential attraction. The construction of India's first and largest tech park, International Tech Park (ITPL), in Whitefield, was a game changer for the residents of Whitefield, and it acted as a precursor for a residential revolution in Bangalore's Whitefield, which was the first to benefit from this infrastructure revolution.
With more IT companies opening in Whitefield, the neighbourhood is set to become one of Bangalore's premier IT centres. Many multinational corporations are establishing offices and workspaces in the neighbourhood, which has fueled the IT revolution.
The Whitefield neighbourhood is set to become the best of Bangalore's IT corridors as more IT companies arrive.Rapid recognition
It is common knowledge that investing in real estate in a growing area is the greatest strategy, and Whitefield is at the top of the list of suburbs to consider. It examines three important investment criteria: affordability, availability, and appreciation. Property prices in Whitefield are currently low, but they are expected to rise when the proposed metro and infrastructural improvements are implemented. This means that investing in Whitefield is currently one of the greatest and most profitable possibilities.Whitefield Real Estate Development
Whitefield is one of Bangalore's oldest settlements, dating back to the late 1800s when it was formed as a settlement for the Anglo-Indian and Eurasian communities during the British rule. Whitefield area remained old world and charming until the late 1990s, when the growing expansion in the IT sector transformed this sleepy neighbourhood into one of Bangalore's most sought-after residential locations.
Bangalore's development has been linked to the city's information technology (IT) and IT enabled services (ITES) industries. Almost every section of Bangalore's suburbs has been affected by the IT sector's growth; Whitefield, to the east of Bangalore, has altered dramatically in recent years as a result of the IT revolution.
The establishment of India's first and largest IT park, International Tech Park Ltd (ITPL) in Whitefield, has helped transform this sleepy city suburb into one of Bangalore's most vibrant residential areas. With the development of more tech parks and IT businesses in the vicinity, Whitefield is poised to become Bangalore's next residential and commercial hub.
Investing in Whitefield is a wise idea because it is one of the areas that has experienced significant demand and appreciation over the last 15 years. Purchasing an apartment or a villa in Whitefield is a fantastic investment idea because the apartments and villas in this neighbourhood can easily be rented out for good rental income. Indeed, due of its proximity to Bangalore's major IT hubs, the area is a favoured choice for expats looking to rent.
With more IT businesses opening offices in the ECC Rd, Pattandur Agrahara, and Whitefield areas of Bangalore, it is expected that around 8 to 10 lakh employment will be created by 2025, particularly in the Whitefield area. Many techies are settling in this neighbourhood, which is close to their workplaces, to get away from the city's crazy traffic.
Whitefield is a sophisticated neighbourhood with a variety of dining, entertainment, and retail opportunities. A lot of good schools are located in the area, and a number of hospitals are being built. Whitefield's biggest feature is the high number of shopping businesses in the region. Brookfield is a high street that is hard to overlook, owing to the presence of national and international restaurant chains.
Prestige Builders, Sobha Developers, Provident Group, Purvankara Group, and others have developed a number of residential and commercial developments in the Whitefield region. ECC Rd, Pattandur Agrahara, and Whitefield real estate projects have benefited from the increased IT boom and connectivity.
With the impending Namma Metro station in ECC Rd, Pattandur Agrahara, Whitefield, inhabitants of ECC Rd, Pattandur Agrahara, Whitefield will be able to travel to any part of Bangalore in minutes. With all-weather broad cement roads, the ECC Rd, Pattandur Agrahara, Whitefield is well connected to nearby IT centres like as Sarjapura Road, Electronic City, Brookefield, Vartur, Marathahalli, and many others. The projected Peripheral Ring Road (PRR), which will connect Tumkur Road, Old Madras Road, Hennur Road, and Hebbal via NICE Road, will guarantee a seamless commute for the inhabitants of ECC Rd, Pattandur Agrahara, Whitefield.
All of the above aspects contribute to ECC Rd, Pattandur Agrahara, Whitefield being one of Bangalore's greatest residential destinations, with a large number of residential and commercial developments under construction, boosting real-estate trends in Whitefield.
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