8880003399
Posted by Introduction
Sustainable living isn’t just about following a trend; it is about making conscious choices that reduce our environmental impact and create a healthier future for ourselves and future generations.
Investing in flats in Whitefield Bangalore offers long-term appreciation and rental returns. Whitefield has a 4 – 6% rental return and has experienced a 63% price increase between 2019 and 2023. Because of this, it’s a favourable place to invest in real estate and NBR Group is coming up with multiple projects in this area.
Whitefield has many tech parks, including International Tech Park Bangalore (ITPB 3 KM), Sigma Soft Tech Park (2 KM), Gamma Block (2 KM), Prasad Tech Park (5 KM), Divyashree Technopark (6 KM), EPIP Zone (8 KM), RMZ Ecoworld (10 KM), Bagmane World Technology Centre (11 KM), Kalyani Tech Park (11 KM), Manyata Tech Park (MTP 21 KM), and many more.
High rise Apartments in Whitefield are selling like hotcakes, as the area continues to grow as a prime residential and IT hub in Bangalore.
Connectivity and Infrastructure
Before investing the chunk of your savings and taking a substantial amount through home loan, you would definitely like to know about the connectivity and infrastructure of the area.
Whitefield is well-connected via Whitefield Main Road, Outer Ring Road (ORR), Electronic City, Marathahalli, Indiranagar, and Old Airport Road.
Furthermore, on October 9, 2023, the Whitefield (Kadugodi) segment of Namma Metro’s Purple Line was opened, linking Whitefield in the east with Challaghatta in the west. One of the main components of Bangalore’s metro system is the 37-station, 43.49 KM Purple Line.
It originally opened between Baiyyappanahalli and M G Road in 2011, and the Mysore Road-Magadi Road portion was added in 2015. Prior to April 30, 2016, the opening of the underground segment connecting M G Road and City Railway Station, completed the Phase I of the line. This improved connectivity throughout the city, and gave a boost to the sale of flats in Whitefield.
Booming IT and Business Hubs
As we already saw above, this area is brimming with IT hubs and technology parks, and there is no dearth of job opportunities and entrepreneurial ventures. This thriving ecosystem is for professionals, making it an ideal location for both career growth and a vibrant urban lifestyle. In turn this has driven demand for flats in Whitefield for sale.
Real Estate Growth and Investment Potential
A passive approach to money management is not enough to navigate the universe of financial growth and stability. If you have been an avid investor from your first pay cheque as referred by Warren Buffett, the renowned American investor and philanthropist, and created multiple sources of income, today you must be ready to invest in a premium apartment in Whitefield.
Whitefield offers a mix of affordable to luxury apartments and NBR Properties has something for everyone. High rental demand makes it a preferred location for investors. Property prices have seen steady growth, ensuring strong ROI. Year-on-year the area has given a 4 – 6% rental return to the investors.
Social Infrastructure and Lifestyle
There are well-established schools like Global Indian International School (GIIS), Cambridge International School, and Bangalore International Academy in the vicinity ensuring a world-class education to your child.
There are renowned hospitals like Manipal Hospital; Varthur Road (formerly Columbia Asia Hospital), Apollo Cradle and Children’s Hospital, Cloudnine Hospital and more to ensure that your family enjoys great health.
Future Growth and Upcoming Developments
There are multiple upcoming projects in the vicinity which are expected to reduce commute time:
- The proposed 8-lane, 73.5 KM Bengaluru Peripheral Ring Road (PRR) is under construction. Rapid land acquisition is being carried out by the Bangalore Development Authority (BDA) to minimise delays in the project. The estimated completion date is in December 2027.
- Alternative road to Kempegowda International Airport (KIA) is a project in progress that would reduce travel time for residents of Whitefield and the adjacent areas by allowing vehicles to go at 80 -100 KM/H.
- Eastern Connectivity Tunnel is a planned tunnel road and is anticipated to considerably ease commuting by cutting the travel time between Whitefield and KIA by about 30 minutes.
Due to all the above-mentioned factors and evolving infrastructure, there is an increased demand for apartments in Whitefield.
Conclusion
Now since you know that Whitefield offers connectivity, job opportunities, and a vibrant lifestyle, investing in flats in Whitefield now ensures long-term benefits. With upcoming developments, it remains one of Bangalore’s top investment destinations. Visit our website or call us now to book your property visit. We at NBR Group are waiting for your call.