Until the 1990s, Whitefield was a quiet settlement on Bangalore’s outskirts. It is today one of the trendiest areas in the city. The housing market in the locality is booming. More and more people are choosing to live and work in Whitefield.
There are many housing projects in the area. Home investors have a wide range of choices. Many of these projects are in the pre-launch phase. These projects have only been announced but are not under development. The master plan and floor plan of the projects are underway. The process of getting approvals has begun.
Many homebuyers in Whitefield are now choosing pre-launch projects. There are many advantages to investing in pre launch projects in Whitefield. Some of these are:
• The availability of many projects. Homebuyers can choose between plots, apartments, and villas.
• This property is available at lower prices. Builders usually have plenty of pre-launch offers and early-bird discounts.
• There are flexible schemes for payment, and investors can avail of these.
• Pre-launch properties can be designed to suit the buyer’s needs before construction. Owners can easily customize these homes.
• The prices of property in Whitefield are increasing. Smart buyers can invest in a pre-launch property at a lower price, then sell it for a profit.
• Investing in a home in a pre-launch project means buying it at a lower price. The rental market in Whitefield is growing. Homeowners can earn a good income from their properties.
All builders have projects in Whitefield. Godrej Properties is a well-known builder in the country. This reputed group has two pre-launch projects in Whitefield.
Godrej Splendour – The housing project covers 17.76 acres. This project will have 9 high-rise towers with 1, 2, and 3-bedroom apartments.
Godrej Air Nxt – This elite project spans 1.9 acres. The enclave has 2.5 and 3-bedroom apartments and penthouses.