Article

Investing in luxury homes at Whitefield

Topic: Real EstatePublished March 22, 2017
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Whitefield is a suburb located around East of Bengaluru. The area that was once a retirement colony of Anglo-Indians is now one of the most sought after real estate hot market in Bengaluru. Whitefield also gained importance due to the proximity of Hoskote which is an upcoming industrial and automobile hub that is located at 7-10 km away. The development in the Whitefield belt of the Bangalore suburb region has also been jumping leaps and bounds after the initiative taken by the government and modern infrastructural facilities which have been continuously upgraded by the civic authorities over the last few years. The area also has modern social infrastructure like schools, hospitals and high-end malls and some of the best restaurants in the city. Whitefield is well connected to the major areas of Bangalore with a wide range of transport service like BMTC bus services and BIAL services to Bangalore International Airport. Whitefield was among the other locality to offer the city's first IT Park. Once the planned Bangalore Metro Rail project and proposed Peripheral Ring Road (PRR) Phase I gets completed, we can expect to see a face-lift to Whitefield. These projects will also ease the considerable amount of traffic congestion and cut down travel time from point to point. The Outer Ring Road is becoming a signal free corridor very soon, besides this, the eight-lane Peripheral Ring Road (PRR) will be connecting Tumkur Road, Hessargatta Road, DB Pura Road, Bellary Road, Hennur Road, Old Madras Road, Whitefield Road, Anekal Road, Sarjapur Road and Hosur Road. Experts believe that Whitefield is not going to lose its charm in the next few years, due to the strong economic growth and good social infrastructure factor that is promoting more and more real estate development in the area. Whitefield has a strong market primarily thriving on social infrastructure. Being the center of all commercial activities, the locality houses the most popular shopping malls of the city namely the Inorbit Mall, Park Square Mall, and Phoenix Market City. Super-specialty hospitals and educational institutions offering an international level of academics are also situated in Whitefield. Holding on to its history, Whitefield still hosts many retirement homes in Bangalore . Although Bangalore can no longer be considered a retirement paradise, many natives who don't wish to let go of their footing in this city take up to this option with grace. rnThis micro-market has witnessed the launch of many projects in the mid and high-end segment, meant to cater to the growing IT population. Whitefield main road, ITPL road, and Pattandur Agrahara or Nallurhalli Lake area are the expensive areas of Whitefield, offering many luxury apartments for sale in Bangalore . While Borewell road, Kadugodi Road, Channasandra road, are all near Whitefield and are comparatively cheaper. The demand for properties in and around Whitefield is increasing proportionately and this hot market is standing to the test of time amongst the heavy competition. Luxury has become a statement of style and Whitefield offers all that style.

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