Whitefield is a suburban place in Bangalore and it is one of the major IT hubs of Bangalore. The suburb is well known for a private university and other educational institutions. From the tranquil, sleepy settlement, today it has become a commercial and residential destination.
The Whitefield railway station offers the rail connectivity to the Bangalore Suburban Railway Network. Whitefield is well connected by roads, as it is situated along the National Highway connecting 45 GST Road.
The price range of 3 BHK apartments for sale in Whitefield varies from 3,280 to 7,028 INR per sq. ft. The amenities provided include, swimming pool, lift, gym, security, power backup, intercom, overhead tank, parking, garden, and kids play area.
The presence of IT companies and BPO industries is the major reason for the growth in the realty market in Bangalore. These firms have contributed towards the appreciation in the capital as well as rental values of various commercial establishments, they have also boosted the demand for numerous residential properties. Moreover, the IT corridor along the Whitefield is witnessing a facelift. It is the base for a lot of MNCs that have set up their operations in the area. Eventually, this has surged the property prices here.
Rates of residential property in Bangalore have seen an upswing owing to increased demand for not only top class housing apartments but budget flats as well. Properties in the city have seen good appreciation right from 2004. Subsequently, rental prices have shown an upswing as well. Several suburbs are enjoying increased realty development.
Reasons why you must invest in Whitefield 3 BHK apartments for sale:
1. Good Avenues of connectivity
2. Affordable properties available for middle-income group and lower income group
3. Infrastructure facilities
4. Wide range of configurations
These are the major reasons why people are flocking to buy 2 bhk flat in Whitefield Bangalore .The real estate managers are targeting the mid-income group and the upper mid-income group. With the number of software professionals increasing in number in the city, besides the usual NRI investors, an increased demand for apartments in the mid-range of Rs. 35 - 50 lakh is also seen. In spite of an increase in the land as well as construction cost, need for housing and commercial space seem to have gone up in the property market of Bangalore.
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