Whitefield: The Rising Star of Bangalore's Real Estate Scene
Discover why Whitefield, a rapidly growing IT and residential hub in eastern Bangalore, is emerging as a prime real estate destination, offering a perfect blend of luxury and affordability.
WhitefieldReal EstateBangaloreResidential HubIt IndustryReal EstateJun 23, 2024
In recent times, Whitefield has witnessed significant real estate activity, with developments like Carmel Heights and Prestige Palms leading the way. The area has seen a mix of luxury and budget-friendly options, catering to a wide range of buyers. From spacious homes for families to compact living spaces for individuals, Whitefield has something to offer everyone. Prices per square foot ranged from INR 1,251 to INR 32,154, with an average of around INR 8,436.
The demand for properties in Whitefield is driven by its strategic location, robust infrastructure, and thriving tech ecosystem. The area offers a unique blend of luxury and affordability, making it an attractive options for buyers. With its growing appeal, Whitefield is poised to strengthen its position as a prime real estate destination in Bangalore.
Carmel Heights, Prestige Palms, Amrutha Heights, Assetz Marq, MC Fortune, and Sumadhura Silver Ripples are some of the prominent developments in Whitefield, offering a range of residential options to buyers.
Information Whitefield is located in eastern Bangalore, and has emerged as a major employment center in recent times. The area is home to numerous IT companies, tech parks, and software firms, making it an attractive destination for professionals and families alike.
Frequently Asked Questions
What makes Whitefield a prime real estate destination?
Whitefield's strategic location, robust infrastructure, and thriving tech ecosystem make it an attractive option for buyers.
What is the average price per square foot in Whitefield?
The average price per square foot in Whitefield is around INR 8,436.
What is the range of apartment sizes available in Whitefield?
The apartment sizes in Whitefield vary widely, ranging from 213 square feet to 6,651 square feet.
What is the breakdown of resale and developer sales in Whitefield?
Resale transactions account for 53% of the total, while developer sales account for 47%.
What are some of the prominent developments in Whitefield?
Some of the prominent developments in Whitefield include Carmel Heights, Prestige Palms, Amrutha Heights, Assetz Marq, MC Fortune, and Sumadhura Silver Ripples.
Related News Articles
Property Registration Scandal: 796 Documents Under Scrutiny for Violating Real Estate Laws
The registration department is investigating 796 property registration documents for non-compliance with real estate regulations, sparking concerns among developers and buyers.
Maharashtra Weather Alert: Heavy Rainfall Expected in Mumbai, Pune, and Other Districts
IMD issues yellow alert for Mumbai, red alert for Palghar and Pune; heavy to very heavy rainfall expected in the next 24 hours
Nagpur Townships Inspected by State-Appointed Panel, Issues Persist
A state-appointed panel inspected several townships in Nagpur, Maharashtra, but issues related to water supply, irrigation clearance, and inspection delays remain unresolved.
Indore Sees 12.8% Rise in Property Revenue During Festive October
The city of Indore recorded a significant 12.8% increase in property revenue during the festive season in October. According to Balkrishna More, the Deputy Inspector General of Registration for the Indore region, the surge in real estate activity can be a
Arvind Gurumurthy: A Renowned Legal Expert in M&A, Private Equity, and Corporate Law
Arvind Gurumurthy, a distinguished legal professional, has made significant contributions in the fields of M&A, private equity, and corporate law. With a successful seven-year tenure as Partner at Kochhar & Company, Arvind has extensive experience in hand
Arthur Laffer Buys $87,156 in NexPoint Diversified Real Estate Trust Stock: A Bullish Signal?
Arthur Laffer, the director of NexPoint Diversified Real Estate Trust (NXDT), has made a significant purchase of $87,156 in company stock. This move could signal his confidence in the company's future performance. Investors should consider this as a potential indicator of a bullish market play.