Property rates & trends in Whitefield, Bengaluru

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Due to presence of prominent IT companies such as Wipro, IBM, Oracle, etc., Whitefield has rapidly developed as a key locality in Bangalore. As the locality lies in proximity to established neighbourhoods, many MNCs prefer setting up their corporate offices in Whitefield. Conveniently located, presence of a vibrant employment hub and infrastructure improvements also makes Whitefield a key residential hotspot of Bangalore.

You are reading: Property rates & trends in Whitefield, Bengaluru

Summary

• IT hub of Bangalore
• Well connected via roads and rail
• Proposed Phase II of Namma Metro will further improve the locality’s connectivity

Key Growth Drivers

• Until the late 1990s, Whitefield was a small village and has rapidly become a major hub for the Indian technology industry. The Export Promotion Industrial Park (EPIP) at Whitefield is one of the country’s first information technology parks – International Tech Park, Bangalore (ITPB) which houses offices of many IT and ITeS companies.
• Surrounded by prominent areas such as Mahadevapura, Marathahalli, Bellandur and Krishnarajapuram (KR Puram).
• Well connected via roads and rail, with the Whitefield railway station only about 3 km away.
• The proposed Phase II of Namma Metro will start from Byappanahalli to Whitefield and will further improve the locality’s connectivity.
• Kempegowda International Airport is at a driving distance of 60 min, via NH44 or SH104.
• Conveniently located at a distance of 40 min from Electronic City.
• Possesses good social infrastructure with presence of:
  • Educational institutes such as Whitefield Global, Ryan International, Vydehi Institute of Medical Sciences & Research Centre, and Sri Sathya Sai Institute of Higher Medical Sciences.
  • Star rated hotels such as Vivanta by Taj, The Zuri Whitefield, MGM Mark Whitefield, Royal Orchid Suites, and Bangalore Marriott Hotel.
  • Shopping options with presence of malls such as Phoenix Marketcity, Inorbit Mall, Ascendas Park Square Mall and The Forum Value Mall.
  • Multi-specialty hospitals such as Narayana Multi-Speciality Hospital, Columbia Asia Hospital, Cloudnine Clinic and Sri Sathya Sai General Hospital.

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Source: https://ecis2016.org/.
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Source: https://ecis2016.org
Category: Lifestyle