Why Whitefield Is On Every Property Investor's List

There are many reasons to invest in the property of any location. Proximity to workplaces and low costs are two of the reasons. Of course, you have to take into account other factors that will differ based on the area of your investment. Read on to find out about one of Bangalore’s top real estate investment destinations.

Whitefield has taken over Electronic city’s position as the IT hub of Bangalore. The development in the area has drawn the attention of every property investor in sight. Its slow growth and immense concentration of highly-ranked MNCs provide the perfect conditions for investment. So whether you’re an amateur or a seasoned investor, check out why you should include Whitefield in your list of investments.

Presence Of MNCs

Whitefield is home to many big players in the IT field. Accenture, Dell, HP, Hindustan Unilever, and many others have set up office in Whitefield. It also houses many different tech parks. If you were an employee at any of the companies, Whitefield would be a great place to settle down in. With so many MNCs present, you’re sure to see growth in the infrastructure of the area along with the amenities available to its residents.

Infrastructure Growth

Due to the concentration of IT companies in the area, Whitefield has played host to a huge amount of infrastructure development. If you’re a resident there, you’ll have access to shops, schools, hospitals, and other amenities. The area even has malls like Phoenix Market City and Forum Value Mall for recreation and shopping. The continuous development of the area makes it a sure place to sink money into if you’re a real estate investor.

Attractive To Builders

With the multitude of MNCs and developments in infrastructure, you can see why it’s an attractive area for reputed as well as budding builders. Many realty developers have begun the construction of residential properties in Whitefield. It’s a good place to build, and even better for you to invest in, because of the high rise in prices that’s sure to follow.

Metro Extension Into Whitefield

The Namma Metro project plans to extend the metro line into Whitefield. So you can soon travel from Whitefield to Baiyappanahalli in under 20 minutes! If you’ve invested in Whitefield properties, you’re sure to get a massive return when the metro gets introduced there.

Gsv Naresh is a real estate blogger who blogs about India's realty market and also gives advice on buying residential projects and flats in India.For More Information about Real estate Visit CommonFloor.