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.
The fact that most multinationals work in areas east of Bangalore, such as Whitefield, is enough to show the scale of the work. An increase in employment was the main reason behind Whitefield's massive demand for office space. And also housing projects. The presence of several IT companies has popularized the area in the working group.
Whitefield has come a long way since the IT boom. ANSYS, Oracle, Uber, etc., are the leading recruitment companies in Whitefield. This has invited a large part of the population to the city. And that has had a positive effect on the housing industry.
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 main road, Whitefield. 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 connectivity. Commuting to work will also be made more accessible. Buses connect the towns of Whitefield and the surrounding regions. This excellent connectivity has boosted real estate values in this region. This seamless connectivity has made this place a favorite among investors.
In addition to connectivity and information technology companies, this area is also home to various entertainment venues, from malls to restaurants and breweries. This place offers beautiful places to eat. And the kitchen is delicious too. Many shopping malls surround the area. Some are Inorbit Mall, Park Square Mall, Forum Mall, Cosmos Mall, and Phoenix Market City.
Whitefield has excellent social services. This makes life in this region comfortable and fun. It is a popular spot among artists. Art theaters and museums celebrate art in all its forms. Buying a villa here is not just about a house, but a lot of fun activities. These factors contribute to the high value of residential projects in Whitefield.
Prestige Park Grove is an Upcoming township project in Whitefield, East Bangalore.