Bangalore East
Whitefield – The jewel of Bangalore’s east, A vibrant community where every square foot of real estate offers a fascinating tale.
The average price of an apartment in this bustling IT cluster is an enticing Rs 7709 per square foot, while builder floors go for Rs 8100 per square foot. Independent homes, on the other hand, offer a rich tapestry of alternatives with an average price of Rs 7116 per square foot. With over 1553 transactions in the previous year, Prestige Lavender Fields and Park Grove emerge as the most sought-after properties in Whitefield. π‘π
π The lowest locale experiences a bold spike to Rs 7,100 per square foot with an 8% increasing tendency, while the average location price rises by 6% to Rs 9,689 per square foot. Buyers and sellers, pay note: these price changes provide an intriguing window into Bangalore’s real estate market’s future. In this dynamic market, where the average price of a home in Whitefield is βΉ1.28 crore, with a starting point of 95 lacs, timing is crucial. Over the last six months, Whitefield has grown significantly, likely due to the impending expansion of the city. πβ³
π‘ CIRCLED ADVISORY can help you navigate the complexities of the Whitefield real estate market by providing insightful analysis of pricing patterns. Whitefield sellers must comprehend these patterns in order to accurately value their properties, and prospective homebuyers gain from knowing pricing trends. ππΌ
π Whitefield’s listings are a veritable gold mine, with over 300 projects listed at prices ranging from βΉ95 lacs to an average of βΉ1.28 crore. The rising trend in eight Whitefield regions is noteworthy since it indicates that the community is growing. Beyond the numbers, Whitefield entices with its roomy and luxurious flats, which perfectly combine a great location, strong connectivity, and minimal pollution. It is a sought-after area with easy access to the metro system as an IT hub. π³π
Whitefield, governed by the Bruhat Bangalore Mahanagara Palike (BBMP), captivates with its harmoniously arranged trees and verdant surroundings. Its allure is further enhanced by the neighboring areas of Hoodi, Varthur, Kadugodi, and Brookfield. Whitefield’s allure transcends residential bounds as it offers first-rate business and commercial real estate. π’π Whitefield saw the highest number of launches and sales, followed closely by Bellary Road and Hosur Road. Notably, locations like Varthur and Old Madras Road in the eastern suburbs, as well as Airport Road in the northern suburbs, have seen significant progress in terms of both, launches and sales. πποΈ
Shopping centres includes
>Forum Value Mall >Nexus whitefield
>Phoenix Market City >Virginia Mall
>Park Square Mall >Nexus Shantiniketan Mall
>Inorbit Mall >Arya Hub Mall
Whitefield Price Index
PRICE RANGE PER SQFT | AVG PRICE PER SQFT | PRICE RISE |
βΉ6,960 – βΉ16,419 / sqft | βΉ12,929.82 / sqft | 485.5% |
π Whitefield’s closeness to the city center is evidenced by the two primary four-lane roads linking it, with forthcoming extensions set to enhance accessibility even further. The closest transportation centre is Bangalore International Airport, even as Whitefield Railway Station prepares for renovations. Whitefield’s reputation is enhanced by notable locations such as the International Tech Park, TCS, IBM, Oracle India Pvt Ltd Whitefield Office, and more. ποΈπ
π However, Whitefield is more than simply a centre for IT; it’s a thriving community that draws excellent talent. Two-bedroom flat rentals range from βΉ16,000 to βΉ70,000 per month, illustrating the variety of living possibilities that are accessible. Whitefield’s real estate narrative is being sculpted by thrilling developments, including the eagerly awaited metro line and the proposed Peripheral Ring Road, anticipated to elevate property values.ππ
πΌ Attention investors: Whitefield’s attractiveness is highlighted by its remarkable 12% annual rental yield over the previous 12 months. Apart from standalone homes and residential plots, ready-to-move-in flats make up the majority of the housing inventory. Three-bedroom apartments offer a more diversified palette than two-bedroom apartments, which tend to take the stage. At roughly βΉ7,200 per square foot on average, Whitefield offers you the chance to invest in a vibrant community. πΈπ
π To sum up, Whitefield is a much-desired gem that provides easy access to IT parks, first-rate connectivity, and exceptional social infrastructure. Speak with a real estate professional and research past trends before making your investment. Whitefield invites you to join its vibrant story, where each square foot is a blank canvas for a rich life! π‘π