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Whitefield, Bangalore

Pin Code 560066
4.1

About Whitefield

Whitefield/ is located in the eastern periphery of Bangalore city. The growth story of this Whitefield area started in the late 1990s during the IT boom. It was an outlying area to Bangalore city back then. It is a significant part of the city as it houses innumerable residential, commercial and business complexes. 

Connecting Whitefield with Bangalore city are the two four-lane roads. One is via Mahadevapura, and the other is via . It is in the vicinity of the other significant areas of the city like Hoodi, KR Puram, Brookefield, and Marathahalli. 

Whitefield is home to research centres, hospitals, malls, schools, IT offices and many other facilities to cater to all the sections of people living in the area, meaning that your place of work and your place of stay could be nearby. 

All prominent realtors like Prestige, Shoba, Shriram Group, Godrej Properties, Divya Shree, and Brigade offer residential and commercial spaces in Whitefield. Numerable new projects are under the pipeline.

Being a notably luxurious locality, Whitefield houses about 46% of villa properties. Among apartments, 2 BHK configurations are the hot favourite. About 61% of the properties are in this configuration. About 47% of the properties lie in the price range of Rs. 40 lakhs to Rs. 60 lakhs, 11% in the price range of Rs. 60 lakhs to Rs. 80 lakhs and the other 42% cost more than Rs. 80 lakhs.

Whitefield, Bangalore - Key Highlights

  • Excellent connectivity to other parts of the city by road
  • The taxonomy of the locality includes apartments of all types of configuration, villas and independent houses.
  • Malls, hospitals, offices, educational institutions are nearby
What’s Great About Whitefield
  • All major banks like ICICI Bank, Indian Bank and HDFC Bank are nearby.
  • Well connected by suburban railway corridors to other parts of the city.
  • Nearby employment hubs
What’s Not Great About Whitefield
  • Road traffic can be a problem due to ongoing metro construction activity.
  • Water shortage is more pronounced during summers.
Watch Out For Whitefield
  • An upcoming metro station is a part of Namma Metro Phase 2. Whitefield Metro Station will get connected to Byappanahalli Metro Station.
  • Upcoming IKEA store and the integration of suburb railway stations with other modes of transport under a special project by the State Government of Karnataka

Whitefield Property Price Rising Factors

Short Term
  • Purchasing a completed project
  • Connectivity to KR Puram and Marathahalli
Mid Term
  • Need to point out the How many are new id's and how many are already live
Long Term
  • Excellent metro connectivity once metro commences in 2023 as scheduled
  • Great social infrastructure

Other Highlights of Whitefield

Social Infrastructure

The area of Whitefield has been rated high consistently on livability factors by the localities. The factors include safety, connectivity, roads, and cleanliness, amongst others. Road traffic could only be a short-term problem as the metro construction activity would end in a year.

Shopping Complex & Market

  • Ascendas Park Square Mall
  • The Forum Neighborhood Mall
  • Inorbit Mall

Health Care Centers

  • Columbia Asia hospital
  • Narayana multispeciality hospital 
  • Sri Sathya Sai Super Speciality hospital 
  • Vydehi multi-speciality hospital

Connectivity & Public Transport

Whitefield railway station is just 3km away from the Whitefield bus stop. Buses for all the major routes are available at a great frequency.  

Kempegowda International Airport is about 40km from Whitefield. It would take about 1 hr 15 minutes to reach the airport from Whitefield on an average day.

School, Bank & Fitness Centers

Schools in this area:

  • Gopalan International School 
  • Vydehi School of excellence 
  • Gopalan college of engineering and management 
  • MVJ college of engineering 

 

Banks in the area:

Multiple branches of the following banks are located on the main road of Whitefield.

  • State Bank of India
  • HDFC Bank
  • Union Bank Of India
  • ICICI Bank Branch
  • Axis Bank

Nearby ATMs for all prominent banks:

  • SBI ATM
  • IndiCash ATM
  • ICICI ATM
  • Axis Bank
  • HDFC Bank
  • UCO Bank

Fitness Centers:

  • Zero 3 fitness club
  • Rocks Gym

Popular Landmarks near Locality

  • HAL Heritage Centre and Aerospace Museum 
  • Nisarga Park
  • Kaikondrahalli Lake Walkway
  • Shivoham Shiva Temple

767 New Projects in Whitefield, Bangalore

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Most Preferred BHK

  • green-sale
    Sale
  • green-rental
    Rental

Most Preferred Unit Type

  • green-sale
    Sale
  • green-rental
    Rental

Micro Market Analysis

Capital and Rental Trends

The area of Whitefield is home to several MNCs. The average per square foot cost has gone up by 1.4% in the Jun-Sep quarter of 2020. The average per sq. ft cost is around Rs. 6268. The highest in the locality per sq. ft is around Rs. 7286, and the lowest per sq. ft price recorded is Rs. 4711. Commercial property prices are hovering around Rs. 7400 per sq. ft. Annual yields are expected to be at 6.5%.

Scope of Growth

Whitefield has been rated high consistently on numerous livability parameters. The presence of employment hubs, hospitals, and educational institutions is an added advantage for the areas growth.

Investment Opportunities

Going by the trend, both residential and office spaces can be purchased. MNCs continued buying more rental spaces to cash in the discounted prices.

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