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Major Micro market Whitefield turned as builders first choice
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Increase in floating and immigrant population has attracted the builders to launch their prestigious projects for middle and upper level income groups to offer both apartments and villas. Most of the best villa projects are sited in Whitefield suburb. Due to the constant demand for housing in this area, many esteemed builders who possessed Residential land years ago have started their projects from past 3 years. In the preceding years, the area has witnessed 20-25 percent capital value appreciation.
With the trade in work culture, many experts working in IT companies prefer to buy their homes within a range of 3-5 km radius and this is one of the reasons behind why Whitefield turned in to builders’ first choice. Individuals who are planning to grab best rental returns can fetch Rs 20,000 to Rs 25,000 easily for 2 BHK and 3 BHK units in Whitefield. Moreover, the area is well equipped with Banks, ATM’s, Shopping malls, Educational Institutions, Public transport facility through trains and buses, Hospitals, restaurants, entertainment facilities and many more.Additionally, the upcoming metro extension up to Whitefield and peripheral road will also enhance the connectivity of this locality. The locality encompasses a blend of IT professionals having an experience of 1-5 years has kept the property prices reasonable.
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