Why invest in the blooming landmark of Bangalore: Whitefield

May 15, 2023 | mins read

Whitefield is a neighbourhood located in the central part of the city, covering a large area of more than 4000 acres. Situated in the eastern outskirts of Bangalore, it holds significant importance. The residents of this area are primarily inclined towards the IT sector, which grew rapidly after the liberalization, privatization, and globalization reforms of 1991-92.

It is now known as the primary technology hub in the Asian region due to its excellent connectivity with other parts of the city. Unlike other areas that experience heavy traffic congestion, Whitefield provides a peaceful and serene environment for
families seeking a comfortable and relaxed home setting. It is the perfect place for those who desire a calm and unhurried lifestyle away from the bustle of city life.

Whitefield has emerged as a bustling suburb in the eastern part of the city. With its well-developed infrastructure, excellent connectivity, and world-class amenities, it has become a preferred destination for both homebuyers and investors. The area is
home to several multinational corporations, IT parks, shopping malls, and educational institutions, making it a perfect blend of work and play. In this blog post, we will delve deeper into the reasons why Whitefield is an ideal investment destination.

Reasons to invest in Whitefield:

    • Connectivity:

One of the most significant advantages of living in Whitefield is its excellent connectivity. The area is well-connected to all parts of the city via multiple arterial roads and highways. The Outer Ring Road (ORR), which passes through Whitefield, connects it to other major IT hubs like Electronic City, Sarjapur, and Marathahalli. The area is also close to the Bangalore International Airport, which is just a 45-minute drive away. Additionally, the upcoming Namma Metro line, which is set to extend to Whitefield, will further enhance its connectivity.

    • Entertainment:

Whitefield has no shortage of entertainment options. The area has several shopping malls, multiplexes, and restaurants that cater to a diverse range of tastes and preferences. Phoenix Marketcity, VR Bengaluru, Inorbit Mall, and Forum Shantiniketan are some of the popular malls in the area. Additionally, the vicinity is home to several sports clubs and recreational centers, offering residents an array of leisure activities.

    • Education:

Whitefield is home to some of the best educational institutions in Bangalore. The area has a good mix of international schools, colleges, and universities that offer world-class education to students. Some of the popular schools in Whitefield include Vydehi School of Excellence, Gopalan International School, and Deens Academy. Additionally, the area is home to prestigious institutions like the Indian Institute of Management (IIM), Bangalore, and the International Institute of Information Technology (IIIT).

    • Health & Essentials:

Whitefield has several hospitals, clinics, and pharmacies that offer quality healthcare services to residents. Some of the popular hospitals in the area include Columbia Asia Hospital, Vydehi Hospital, and Manipal Hospital. Additionally, the area has several supermarkets, departmental stores, and local markets that cater to the daily needs of residents.

    • Serenity:

Despite being located in the heart of the city, Whitefield offers a peaceful and serene living environment. The area is surrounded by lush greenery and has several parks and gardens that provide residents with a much-needed escape from the hustle and bustle of city life. Some of the popular parks in the area include the Whitefield ITPL Park, Vibgyor Park, and Siddapura Park.

    • ROI:

One of the significant advantages of investing in real estate in Whitefield is the potential for high returns on investment. The area has witnessed significant appreciation in property prices over the past few years due to its strategic location, excellent connectivity, and rapid development. With several multinational corporations and IT companies setting up shop in the area, the demand for residential and commercial properties has skyrocketed, driving up the prices. Moreover, with the upcoming metro line and other infrastructure projects in the pipeline, the property prices are expected to surge further, making it an attractive investment destination.

In conclusion, Whitefield is one of the most promising areas in Bangalore to invest in. With its rapid development, it is truly a top choice for buyers. Goyal & Co. | Hariyana Group has significantly contributed to this growth by building residential areas that elevate the living standards. The brilliant collaboration between Goyal & Co. and Hariyana Group accommodates all new-age lifestyle needs. Their residential designs are one-of-a-kind with unique amenities like co-working spaces, WiFi garden for working professionals and a global level clubhouse.

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