The rise of information technologies has transformed the suburb. As a result, it has several projects of luxury villas, high-rise apartments, and gated community lots showing increasing demand.
Large multinationals and e-commerce giants now operate in Whitefield. It is a hub for IT companies and various startups. It has developed into a technology center. This creates a large number of jobs in the region.
International Tech Park, ITPL has positively impacted the promotion of housing developments. ITPL is one of the oldest technology parks in Bangalore. It is home to LandT Infotech, Xerox, Vodafone, SAP, etc. Many well-known companies such as Oracle, IBM, and IGATE have settled in Whitefield. This region is therefore worth investing in.
Another factor that points to a good investment opportunity is the region's connectivity. Whitefield is well served by road, rail, and air networks. The rest of Bangalore is easily accessible via the Whitefield main road. It is also connected to the old airport road HAL and Varthurstrasse. Whitefield and Hoodi are the nearest train stations.
It is also connected to Kempegowda International Airport via SH 104. The ongoing subway extension from Baiyappanahalli to Whitefield will further strengthen 's connectivity. Commuting to work will also be made more accessible. Buses connect the towns of Whitefield and the surrounding regions.
The technology boom continues to increase and is expected to continue in the coming years. This technological growth indicates a future increase in real estate value. Whitefield is one of the fastest-growing areas in Bangalore. Not only apartments but also commercial projects in Whitefield are seeing increasing demand. Finding an office or retail store in IT City is a source of pride and high resale value.
Whitefield offers good value for money. We all know the constant appreciation of land in Bangalore. The value of the real estate in Whitefield has yet to catch up with the value of houses in the central areas of Jaynagar and Indiranagar. The average property price in Whitefield is Rs 4,976/sq ft. While in Jayanagar and Indiranagar, the average exceeds Rs.15,000 per square meter. That's a big difference. It can pay off in the long run. Whitefield's collection of exceptional real estate appeals to all homebuyers. The place grows as a residential center. The expansion of the subway and other infrastructure projects have given way to high increases in value.
Godrej Properties new launch apartment is Godrej Splendour.