Why One Should Invest in the Properties in Whitefield!

Located in Eastern Bangalore, Whitefield has witnessed considerable property boom following fast IT infrastructure growth in the region. Now communication has significantly improved between Whitefield and other places in Bangalore due to creation of 4-lane roads which connect it with Bangalore. In addition to it, bus and railway routes help in keeping Whitefield well connected to other regions of this city.

In case you want to buy 2 bhk in Bangalore then Whitefield is the best place for it. It is rapidly becoming preferred residential destination for working professionals due to its closeness to Central Business District (CBD), International Airport and Outer Ring Road IT Corridor (ORR).

Capital Values

According to a recent survey performed by Cushman & Wakefield, capital values of this region are increasing at an astonishing rate of 32% each year.

If you are looking to buy 2 bhk in Bangalore then Whitefield should be the first choice since proposed metro project is supposed to move into Whitefield in Phase II of the project and is expected to increase capital values even more by around 35-40%. Therefore, if you have plans of purchasing 2 bhk apartments in Whitefield then this is most ideal time to do so.

Why buy property in Whitefield?

In addition to booming IT sector, this place is also well known for its scenic beauty and green surroundings. Apart from that Whitefield will soon have some very good hospitals as well as several international schools.

If you look at the property market here you will find that some really brilliant residential projects are being developed here by well known developers. Thus if you are really serious about investing in property then 2 bhk apartments in Whitefield should be something you should be looking at. Apart from apartments you can also invest in other options such as gated communities and villas.

Stable Annualized Appreciation (SAA)

One of the best reasons in favor of investing in Whitefield properties is its stable annualized appreciation. In one of the most recent studies it was confirmed that the place is experiencing SAA of about 11%-14% and in projects where there are better amenities, this percentage is even higher.

Apartments of 2 bhk in Whitefield are a good investment due to growth this place is expected to experience in the next few years. Thus, it will be a wise decision to take steps now and make use of this wonderful prospect before property prices move up even further. If you delay then it might become difficult for you to afford any 2 bhk in Whitefield here due to exorbitant prices houses will have within a few years.

Whitefield is drawing attention of home buyers since there is no shortage of activities you can do in your leisure time. Here Brookefield is known as central high street where you will find all of the national as well international restaurants. This is also the place where most of the malls are located like Forum Value Mall, Inorbit Mall and the Cosmos Mall.