How has Whitefield captivated Potential Property Investors
Bangalore has never failed to show us increased infrastructure development over the last few years. Residents are now gradually transitioning from living as tenants to real-time home owners. Realtors around the city have seized opportunities like these and are coming up with their respective projects. Certain areas never cease to amaze us as far as providing property investment opportunities is concerned. For instance, Whitefield is one such area that has witnessed tremendous growth in the past 5–10 years. The area now set high benchmarks for providing the best-in-class realty services for residents from all ethnic backgrounds and income levels. Talking about the IT/ITES industry, Whitefield houses more than 40% of Bangalore’s IT working population. This is a great opportunity for potential investors to look out for profitable tenants for long-term gains. Talking about civic and ecological benefits, Whitefield is surrounded by local water bodies and reputed landmarks like restaurants, schools, colleges and medical institutions are in close proximity. With the upcoming metro line from Byapanahalli, Whitefield is set to enjoy impeccable connectivity to the rest of the city.
One has to realize every profitable aspect before deciding on an investment decision. There are instances where residents who aspire to become first-time home owners who approach budding realtors or real estate brokers for investment options. This is a huge risk as brokers most often than not, fail on delivering set expectations. On the other hand, established realtors call residents to their site for property inspections from the conceptualization phase until completion. This as a result established key trustworthy relationships in the long run for future business prospects.
Whitefield - Connectivity and Proximity benefits for a secured future
Whitefield residential project location plays a very important role in impacting customer purchase decision. Connectivity and overall proximity to key locations is crucial for effective investment decisions. Whitefield houses some of the finest restaurants and entertainment multiplexes the city has to offer. Other than that, it has welcomed IT/ITES firms to set up key note infrastructures that makes everyday commute a lot easier. Key areas like KR Puram, Old Madras Road and Indiranagar are in close proximity which further simplifies investment decisions.
All these benefits coupled together has increased the demand for affordable residential spaces by interested residents. Realtors like Prestige, Sobha, DSR Group, Ozone and Shriram have seized to on to such opportunities and have constructed living spaces so the supply equals the demands raised by customers.
Affordable price ranges due to rising demand
With the rise in overall IT population in Whitefield, demands for residential spaces has significantly increased. Realtors are now bound to amend pricing strategies for residents seeking investment opportunities. With fabulous civic amenities along with connectivity benefits, residents are more than happy to partner with established realtors who are now introducing affordable price ranges for individual unit variants. There is a reason why it is suggested that residents opt for emerging locations as opposed to established localities for profitable property investments. Whitefield complements that fact as the rates are nominal in the initial stages which is the right time to invest for long-term gains.
Whitefield- Social infrastructure on the rise
Bangalore, as a city has seen fabulous social infrastructures on the rise. Be it locations that are located in the remotest of areas, Karnataka Government has taken measures to come up with some of the finest roads, hospitals, bridges and facilities like the Bangalore Metro rail services. Whitefield houses amazing social infrastructures like flyovers and bridges that connects residents to important localities across Bangalore. This has increased the number of residents moving to Whitefield from various parts of the city.
With realtors and residential properties in the rise Whitefield, no doubt has proven time and again to be the most ideal choice for profitable modes of investment.