Whitefield is an ideal location in Bangalore for buying any property. The location of the area attracts a lot of buyers from all parts of the city, so the area is expensive now. The area is home to a lot of MNCs and IT companies. So it offers jobs for employment for a large number of people.
It has also evolved into a tech cluster and is the location of various enterprises, including International Tech Park. Several known companies, including Oracle, are in the area. So, investing in flats or villas in the area makes sense.
Due to its nearness to a lot of IT centers in the city, the area attracts a lot of young people interested in the area's high quality of life. It has increased the demand for real estate in the area.
The area has seen good improvement in its social development, including the construction of new schools and hospitals. Most MNCs are in the area, and increased job openings are the main factor for the area's demand for office space and housing projects.
Another reason why the area is so expensive is the area's connectivity. The area has direct connections through air, rail, and road. It connects to the rest of the city easily through the Whitefield Main Road. Varthur Road and HAL Old Airport Road gets connected to it, and Hoodi train stations are the closest.
Also, it connects to the Airport by SH 104. The metro expansion will improve connectivity, and daily travel will get easy. The IT boom is still strong and will increase, which is the perfect time to invest in the area.
In the coming years, property values will increase as a result of advancements and increasing demand for real estate. Due to its connectivity, and collection of housing projects, the area is the best. It offers people a wide range of options, and investors can buy homes at their desired size and cost.
The area attracts a lot of working people because it provides a quality way of life, and most of them have relocated there. As a result of its rapid development, a lot of attention gets drawn to the area. The Metro services improve connectivity and act as a reason for their development with connectivity to many stations.
Some reasons why the area is so expensive now are
The area has a good quality education, and anyone can take advantage of a lot of opportunities to pursue their passions. The value of these locations gets increased by educational institutions like
Some hospitals in the area include
Some malls near the area include
It gets known that land prices have been rising steadily in the area. The technology boom is still in full force and will stay that way for the future. It suggests that in the coming years, home prices will rise as a result of advancements.
Without a doubt, the IT boom has affected the area's development, either directly or indirectly. As a real estate hub, the area is expanding at a fast rate. High appreciation rates have resulted from more improvements, such as the metro extension. With a lot of job openings and quick social development, the area is expensive now.
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