The area of Whitefield is in the east zone of Bangalore. The city's Eurasians and Anglo-Indians originally settled it in the 1880s. Until the city's IT boom in the late 1990s, it was a quaint and peaceful area outside the city.
Whitefield is now a hotspot for work with many tech parks and offices of large companies around the area. It is now a modern area with the best infrastructure. There is everything a city dweller needs here, from hospitals to schools/colleges to shopping and leisure areas.
The area has become a top area to invest in homes. There are many advantages of investing in Whitefield, thanks to its location, services, and thriving real estate market. Here are some reasons why it is a wise move to invest here:
- IT Hub: Whitefield is one of the main work areas in the city. It has several IT businesses and tech parks. ITPL, Brigade Tech Park, Kalyani Tech Park, Wipro, TCS, and Oracle are a few of these. The jobs here are bringing people in from across the world. There is a need for homes both for sale and for rent here. These promise buyers a good return on investments. The strong IT setup here generates a high demand for both homes and commercial buildings.
- Infrastructure and Connectivity: The area has some of the best infrastructure. Through wide roads and the Purple Line of the metro, it is well connected to other areas of the city. There are many projects that are in progress here. One of these, the Peripheral Ring Road, will add to the connectivity. There are schools, such as Delhi Public School and Ekya School, here. There are many hospitals, including Sakra World Hospital and Manipal Hospital. The area is connected to the railways and is just 36 kilometers from the airport.
- Rising Value of Property: The value of property in the area has been rising. The prices are going up because of the demand for homes and businesses here. Buying property in the area can bring great rewards. The major gains that can be made are the main advantages of investing in Whitefield.
- Future Growth Potential: The area's growth is going strong. New commercial and housing projects are being built in the area. These indicate ongoing development and investment potential. The neighborhood is growing into one of the major areas in the city.
- Quality of Life: The area has a high standard of living, and there are a wealth of lifestyle services. There are areas for shopping, restaurants, cafes, and venues for fun in the area. It is a wonderful place to live in and has every modern comfort.
The Prestige Group quickly noticed the potential of the area and set up its elite projects here. The latest project is Prestige Park Grove. It is spread over 78 acres and is based on the Petals of Life. There are four zones of connectedness, wisdom, play, and exploration here around a central core.
There are 120 elegant villas and 4016 apartments in the enclave. The enclave gives the city’s investors a wide array of homes of different sizes and layouts to choose from. The spacious villas are 3 and 4-BHK and range from 2800 to 3500 square feet. The 1, 2, 3, 3.5, and 4-BHK apartments range from 625 to 3500 square feet.
The central area and the zones around have their own amenities. There are grand clubhouses, facilities for many sports, and work pods in the project. Prestige Park Grove has all the modern comforts that give its residents an elegant lifestyle. The project is a haven of peace that is removed from the noise of the busy city.