India's top 5 Attractive Property Investment Hotspots In 2014

Bangalore:  In Bangalore, White field is one of the attractive Property investments Hotspot in 2014. Whitefield is the eastern suburb IT hub of Bangalore. This area is the most preferred IT and Residential suburb in Bangalore. Generally, a residential suburb - Whitefield witnessed a fast growth with the foray of IT sector. EPIP (Export Promotion Industrial Park) has changed the skyline of Whitefield over last few decades. Good connectivity and availability of social infrastructure engrossed overall improvement of Whitefield as IT companies looking for large volume of space opened their companies. In addition to that, many reputed developers launched residential projects, five star Hotels, Malls, Restaurants, Markets in this sub market. Bangalore was the most popular with 24.35 percent preferring location to invest in residential properties there in coming years.

Whitefield has property/land available for further development. Improved connectivity and other good infrastructural benefits will keep the demand stable for both commercial and Residential markets. Mainly, this will drive retail demand. The Residential new launches are expected to increase catering to the growing demand from IT/ITES/BPO?s with increase in office spaces in Whitefield. White field has witnessed a strong demand for investment due to the rising mid income and upper mid income population. The property prices are expected to increase even further with a rise in the demand from investors.

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