What Is The Future Of Whitefield Bangalore

Bangalore is the "Silicon Valley of India" or "India's technology capital." Whitefield is one of the most popular places to buy a home in Bangalore because it is close to IT hubs and business areas.

This well-developed micro-market is on the eastern edge of Bangalore City. It has good road connections to other parts of the town and its train station. Varthur, Bagaluru, Krishnarajapuram, and Begur are also important micro-markets for homebuyers in this area that compete with Whitefield. For techies, Whitefield is both a dream and a fear. There are jobs here, but traffic gets backed up sometimes. There are both busy apartments and quiet houses in the area. Whitefield is the opposite of Bangalore.Its growth over time could be seen as a smaller version of Bangalore's growth. Whitefield is known to have a mix of IT companies, businesses, shops, and housing projects. This is Bangalore's biggest and best technology park. It is a 69-acre IT engine with every operating system giant you can think of.

A Brief Look at History:

On the other hand, the old Whitefield was gone almost as soon as ITPL came. Farmlands were turned into resorts, cute little English homes were turned into cafes, and wide fields were turned into new apartment buildings in Bangalore and holiday homes. Its alleys and walkways, which used to be empty, were now full of people. This was caused by a mix of public transport rushing to get kids and adults to appointments, as well as street vendors setting up shop wherever they could. People from all over India came to Whitefield looking to make a lot of money, which changed a lot of people's lives.

The Current Situation:

The IT boom has changed what the neighborhood looks like. It has a lot of high-end villa projects, high-rise condos, and gated neighborhood plots that are hard to find. There are a lot of giant companies and e-commerce behemoths in Whitefield right now. This is a hub for a lot of IT companies and businesses. It has become a place where good things happen. This creates a lot of different jobs in the area. The International Tech Park, or ITPL, has helped home building in a good way. ITPL was one of the first technology parks in Bengaluru. Companies like L&T Infotech, Xerox, Vodafone, and SAP buy homes in Bangalore and call them home. Oracle, IBM, and IGATE are well-known companies that have moved to Whitefield. Because of this, this area is a good place to put your money.

Whitefield's chances of growing in the future:

Whitefield is one of the most desirable places to live in Bangalore and one of the city's most important IT hubs. Whitefield has been having some problems lately, but big projects are in the works that will greatly improve its real estate chances in the future. The second part of the metro railway network will connect Whitefield and Byappanahalli, and the Peripheral Ring Road, or PRR, is also being built. Experts predict that these two projects will make it easier to get around in Whitefield and send real estate prices through the roof.

These two big projects will likely speed up the next level of growth in Whitefield's real estate market. Several people investing in the neighborhood already have offices in the neighborhood. This demand keeps increasing, and more people are moving to Whitefield because it has good infrastructure and business offices. There are a lot of ready-to-move-in projects in Whitefield, also driving up demand for homes there. When the Peripheral Ring Road is finished, nearby places like Sarjapur, Hoskote, Budigere Cross, and Electronic City will also benefit from a real estate point of view. Damden Vivo and other top projects in nearby areas like Sarjapur offer good amenities to their people.

If you are looking for an investment that gives good returns in the future, here are the project that you have on real estate which gives.

Prestige City Sarjapur

Prestige City Sarjapur is an exalted residential haven by Prestige Group located on Sarjapur Road, Bangalore. The project is an ongoing venture that started its construction in Nov 2021. The project spreads over massive 180 acres of land space. The site features 4000 plus apartments, villa homes, and plots. The flats are offered in size extents of 1, 2, 3, and 4 BHK units.

The flats are priced between INR 46 Lakhs and 1.45 Cr. The SBA of 1 BHK flat is 650 sq ft. The SBA of 2 BHK flats is 950 sq ft. The SBA of 3 BHK flats ranges from 1629 - 1865 sq ft. The SBA of 4 BHK flats is 2200 sq ft.

Prestige Serenity Shores

Prestige Serenity Shores is a brilliantly crafted housing venture by Prestige Groups in Whitefield, Bangalore. The site spreads over 102 acres of land extent, to host beautiful homes with plush designs and fittings. The project is set to be launched by the end of 2023. The possession of the flats will be initiated in 2027. The flats are featured in the size scope ranging from 905 sq ft to 2882 sq ft.

The flats are structured over high-rise towers in the size forms of 1, 2, and 3 BHKs. The premise is close all vital comforts needed to lead an easeful life. There are many good schools and colleges around the project site. There are good health facilities and leisure hubs close to the project premise.

Prestige Park Grove

Prestige Park Grove is a stately apartment enclave by Prestige Group coming up in Whitefield, Bangalore. The project extends over 80 acres of land cover, hosting plush urban flats in various size forms. The premise includes top comforts and upscale luxuries to provide a life of ease and bliss to the residents. The flats are featured in size scale ranging from 600 sq ft to 1800 sq ft. The project is set to be launched by the end of 2023. The construction is awaited to be available for occupancy by 2027. The residences are offered in 1, 2, and 3 BHK size scopes offered in multiple price ranges. The homes adhere to Vaastu norms with fine effusion of daylight and airflow. The premise is around 35 km from Airport.

Prestige Lavender Fields

Prestige Lavender Fields is a renowned housing enclave by Prestige Group, located in well-laid locales of Varthur, Bengaluru. The RERA board approves this venture and will commence its operation in Jun 2023. The enclave is planned to be completed in 2027. The total allotted area for this premise is 18.2 acres. The community offers 1, 2, 3, and 4 BR flats in size scopes ranging from 669 - 3656 sq ft.

The project hosts high-rise towers comprising 1473 diligently crafted homes for upscale urban living. The SBA of 1 BHK flat ranges between 669 - 784 sq ft. The SBA of 2 BHK flats ranges from 1018 - 1672 sq ft. The SBA of 3 BHK flats ranges from 1407 - 2388 sq ft. The SBA of 4 BHK flats ranges from 2226 - 3656 sq ft. The pricing of these elite homes ranges between INR 64.99 L - 3.54 Cr.

As a center for business, Whitefield is definitely growing. Because of the tube and other improvements to infrastructure, property values have gone up. Because of all of these things, it's clear that Whitefield is one of the best places to invest in the area. After discussing the above tips and the good things about investing in Whitefield.

Prestige Group new prelaunch apartment Prestige Park Grove.