Whitefield
Whitefield is a grand tech and residential hub located in the East part of Bangalore, Karnataka. It is a posh area that houses many tech parks, MNCs, and startups. It was established in 1882 by the Eurasians and Anglo Indians as a settlement. Its pin code is 560066, and it is close to other tech hubs like Varthur, Sarjapur, Marathalli, and E-city. The locality is known for hosting the best basic amenities like schools, colleges, malls, and hotels. It is the best place to reside as the area offers smooth connectivity.
- It was established in 1882 by David Emmanuel Starkenburgh White.
- It was designed as a self-sufficient agricultural settlement, covering about 4,000 acres.
- For most of the 20th century, it remained a quiet and peaceful village.
- The area’s transformation began in the late 1990s when Bangalore became an IT hub.
- In 1994, the International Tech Park Bangalore (ITPB) was established in Whitefield, marking a turning point.
- This development attracted global IT companies, leading to rapid urbanization and modernization.
- Today, it is a major suburb known for its tech parks, residential areas, and social infrastructure.
The area has seen a boom in its infrastructure since the 1990s, and it started developing rapidly after 2000. It saw a major development as it housed the 1st ever-tech park. The area was earlier a suburb of the city but now has become the prime tech hub. It has housed more than 15 tech parks and more than 454 companies from around the world. With time, its residential sector also saw a thriving change. Many new projects by the best builders like Prestige Group are launched in the locale.
From 2001 onwards, many social amenities were developed in the area, making it suitable for people to live in. Top schools, hospitals, malls, tech parks, and firms were built in the area.
Some of them are:
- Nexus Mall
- Phoenix City Mall
- Sri Sathya Sai Institute of Medical Sciences
- Manipal Hospital
- Oracle
- TCS
- Accenture
The posh locale is located on the eastern periphery and is adjacent to SH-35 or Varthur Road. Its location is one of the most sought-after places that offers smooth connectivity. Its direction is close to all parts of the city and connects with major arterial roads, National Highways, and ORR.
Its distance is proximate to major areas like other tech hubs, metro stations, airport, etc. They are:
- To Electronic City – 1 hr 17 min (28.0 km) via ORR and Electronic City Flyover/Hosur Rd.
- To HSR Layout – 42 min (15.9 km) via HAL Old Airport Rd/Marathahalli Main Rd/Varthur Main Rd and ORR
- To Sarjapur – 44 min (16.9 km) via SH 35 and Varthur - Sarjapur Rd
- To KIAB – 38 km (60 mins) via SH 104
- To Bangalore – 1 hr 5 min (19.1 km) via HAL Old Airport Rd
- To Kadugodi Metro Station – 10 min (3.2 km) via Whitefield Main Rd
Whitefield is famous for housing the 1st information technology park—International Tech Park, Bangalore (ITPB), which has offices of many IT and ITES companies. It has become a prime hub for the IT industry. It has become the best place for people to live and enjoy many benefits of investment.
Before investing in the region, the most asked question is: Is Whitefield an expensive area?
Yes, it is one of the most expensive areas in Bangalore due to several factors. Its role as an IT hub, excellent infrastructure, and availability of all basic amenities drive up property prices. While it's costly, its appeal is undeniable. The current rate of property in the area is Rs 11,300 per square foot. A 1 BHK flat costs between ₹ 40.2 lakh and ₹ 81.5 lakh. A 2 BHK flat ranges from ₹ 70 lakh to ₹ 1.41 crore. A 3 BHK flat costs between ₹ 1.29 crore and ₹ 3.2 crore. A 4 BHK flat is priced between ₹ 2.85 crore and ₹ 5.96 crore. The avg rent of the 2 BHK starts from Rs 25K and ranges upto Rs 35K.
Bangalore's vast population looks for tech hubs that reduce their traveling time and cost of tech professionals. The main tech hubs of the city are Electronic City and Whitefield. But the main thing is, Which is better, Electronic City or Whitefield? Both the areas are posh localities with each having its benefits. But when it comes to investing in property and residing, Whitefield is the better option. It offers better connectivity and basic amenities as compared to E-City. Buyers can get a range of housing options that cater to their needs. E-City is more crowded, has traffic issues, and is far from Bangalore central.
In Whitefield, a new residential project is being launched, Prestige Evergreen, by Prestige Group. It is a grand site that is being developed on 21 acres. It offers lavish 3, 3.5, 4.5 and 5 BHK units with prices starting from Rs 2.59 Cr. It is the most anticipated project in the area by buyers and investors. The township's premium amenities are important for making it the best option for living.
Some of the benefits of investing in Whitefield and Prestige Evegreen are:
1. Vibrant Location - Whitefield is a vibrant locality that is safe for families `and singles living there. It has night patrolling, emergency stations, and well-lit street lights. Residents of Prestige Raintree Park will get a safe location to reside.
2. Excellent connectivity - The area's connectivity is excellent and links to all the other prime IT locations. The area is served by the Whitefield railway station, which is 7 Km from the project. The main roads connecting the area are ORR, SH-35, Varthur Main Rd, etc. The metro station is the locale that runs on the Purple line of Namma Metro. The area's connectivity has been improved by the BMTC buses and local cabs. The airport is only 37 Km away from the site.
3. Best Essential Amenities - The area hosts basic amenities like schools, malls, hospitals, and hotels. There are many banks and petrol pumps near the project site. These features attract the buyers to live and invest.
4. High Potential on returns - Whitefield's rent on properties and ROI are known to be good. The property rates in the area are high, giving a high resale value. After Prestige Raintree Park is ready for buyers to invest, its resale value will be high. Buyers will get a good rental income on the project.
There are many more benefits to living in the area that gives a posh lifestyle. It is the best investment option and can yield high returns to the buyers and modern investors.
Whitefield serves as a prime location for living and residing. Its features have increased the rate of investment by buyers and builders. The presence of IT parks has made it an excellent choice for people to save traveling time and cost.
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