How expensive is Whitefield?

Any property in Bangalore should be bought in Whitefield. The area's location draws buyers from all over the city, so it has become expensive. Many multinational corporations and information technology companies are based in the area. So it provides jobs for a lot of people.

It has also grown into a tech cluster with many businesses, including International Tech Park. Several well-known companies are in the area, including Oracle. Buying apartments or villas in the area makes sense.

Because it is close to many IT centers in the city, the area attracts many young people interested in the high quality of life there. It has made people want to buy houses in the area more.

New schools and hospitals have helped the area's social development. Most multinational corporations are in the area, and more job openings are why office space and housing projects are needed.

The area's accessibility is another reason why it's so expensive. The site is connected directly by air, rail, and road. Whitefield Main Road makes getting to other parts of the city easy. It's linked to Varthur Road, HAL Old Airport Road, and Hoodi train stations, which are the closest.

SH 104 connects it to the Airport. The expansion of the metro will make it easier to get around daily because it will make connections better. The IT boom is still growing and will only grow, so now is the perfect time to invest in the field.

New technologies and a stronger desire for real estate will increase property values in the coming years. The area is the best because it is well-connected and has a lot of housing projects. It gives people a lot of choices, and investors can buy houses of any size and price.

People who live in the Kingfisher Tower have access to a fitness center with the latest workout equipment. It keeps them moving and keeps them healthy. A luxury swimming pool is a place to cool off, relax, and have fun. Spas are great places to relax and treat yourself.

Some of the reasons why the area has gotten so expensive are

• The airport road is only 30–35 km from the nearest train station.
• Many routes go through the area, making it easy for commuters to move around and quickly get where they need to go.
• Anyone looking for things to do or people to talk to has a lot of options here, and you can have fun and spend your weekends here.
• This area is home to Forum Value Mall, which has the most affordable brand stores in the city.

The location enjoys a wonderful environment all year, drawing many tourists. In the neighborhood, there are vast opportunities for people to follow their hobbies and access high-quality education. Educative locations include:

• Sathya Sai Medical Institute
• Ryan International School
• Glentree Academy, Whitefield
• MVJ College of Engineering
• Vibgyor High School

• Vydehi hospital
• Sathya Sai Medical Institute
• Columbia Asia Hospital

• The Phoenix Market City Forum Value Mall is located in Phoenix.
• Park Square Mall Forum Shantiniketan Mall
• Inorbit Mall

Some of the Expensive or Luxury Prestige Projects in Bangalore are

Prestige Elm Park

Prestige Elm Park is a prestigious residential venture by Prestige Group in Whitefield, on Atrium Road, Bengaluru. The total size of the project is 3.98 acres. The premise features 192 units of elegantly crafted 3 & 4 BHK apartments. The site began its construction process in Jan 2023 and is foreseen to be ready for occupation in 2026.

The premise includes top-class amenities and comforts. The SBA of 3 BHK flats ranges from 1790 - 2145 sq ft. The SBA of 4 BHK flats ranges from 2488 - 2575 sq ft. The pricing of these luxury homes starts at INR 1.95 Cr.

Prestige Pinewood

Prestige Pinewood is an elegantly laid residential address for luxury homes in prime locales of Koramangala, Bangalore. The project is a well-crafted housing venture by Prestige Groups launched in March 2016. The site was ready for occupation in June 2020. The premise is on 2.5 acres land plot to feature high-rise towers hosting 256 luxury apartments.

The premise features premium flats in size patterns of 2, 3, and 4 BHK units. The flats are well-lit and ventilated urban homes with adherence to Vaastu. The size of the flats offered ranges between 1249 - 2462 sq ft. The price range of the units scales between INR 1.75 Cr - 3.39 Cr.

Prestige Falcon City

Prestige Falcon City is a distinguished residential venture by Prestige located on Kanakapura Road, Bangalore. This project is an iconic city address for a grand and blissful lifestyle. The premise is built on 41 acres land plot and includes 2520 well-set high-rise apartments.

The township offers 2, 3 & 4 BHK flats in various sizes & price formats.

The project began construction in Jan 2015 and was completed for occupancy in March 2020. The flats are featured in sizes ranging from 1204 - 2726 sq ft. The cost of these ready homes starts at INR 1.27 Cr and goes up to 1.35 Cr.

Conclusion

People know that land prices in the area have been rising steadily. The technology boom is still going strong and will continue for the foreseeable future. It means that as technology improves, home prices will go up in the coming years.

Without question, the IT boom has affected the area's development, either directly or indirectly. The site is growing quickly as a center for buying and selling homes. Like the metro extension, more improvements have led to high property appreciation rates. The area is now expensive, with many job openings and fast social growth.