5 Most Preferred Areas in Bangalore for Real Rstate Investment - Page 2

5 Most Preferred Areas in Bangalore for Real Rstate Investment

By siliconindia   |   Monday, July 28, 2014   |    2 Comments

White Field:

real estatePresently, Whitefield located in eastern Bangalore retained as a top spot among buyers in Bangalore city. This area is followed by Marathalli, Sarjapur Road, Mahedevapura and varthur Road with significant improvement from the last year. Enhanced connectivity and mushrooming of Educational institutions, Malls, Five star hotels, Theatres near Whitefield made this as an attractive suburb. Proximity to IT Hubs, Tech parks and MNC Companies, improved connectivity due to flyovers, Outer ring Road and broader roads have ensured that Whitefield continues to top the list of preferred vicinities in Bangalore city for Real estate investment.

This area provides better transportation links in and around Bangalore city through Airway, Bus way and the Railway. The posh locality White field retains a soft spot on the minds of future buyers. The presence of lucrative high appreciation is the main reason behind the interest of the investors in this location. White field has transpired as a micro market – apart from being an IT Hub. The Demand for mid segment and Luxurious housing is quite high in this vicinity. The Property value in Whitefield ranges around Rs 4784 to 5600 per sq ft. The metro project will shroud this area in Phase 2 stage; Connoisseurs believe that this will push capital values 40% hike.

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