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Property in Whitefield Hope Farm Junction

Whitefield Hope Farm Junction, Bangalore
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Whitefield Hope Farm Junction

Once a small village, Whitefield has now developed into a major IT hub of Bangalore. The Maharaja of Mysore, Chamaraja Wodeyar, granted acres of land for the settlement of European and Anglo-Indian communities to build homes and raise farms. It remained a small village till late 1990s when the IT boom transformed it into an integral part of . Today, Whitefield is more than just an extension to the city with leading IT giants such as Wipro, Dell and IBM finding their way to the first IT Park in I...

Once a small village, Whitefield has now developed into a major IT hub of Bangalore. The Maharaja of Mysore, Chamaraja Wodeyar, granted acres of land for the settlement of European and Anglo-Indian communities to build homes and raise farms. It remained a small village till late 1990s when the IT boom transformed it into an integral part of . Today, Whitefield is more than just an extension to the city with leading IT giants such as Wipro, Dell and IBM finding their way to the first IT Park in India, the International Tech Park, Bangalore. Whitefield is also known for Sathya Baba's Ashram popularly known as Brindavan, located in the town of Whitefield. Business growth has significantly made way for real estate in Whitefield. Demand of residential spaces both for renting and buying is increasing in Whitefield due to its proximity to industries and IT hubs. Several builders are constructing world-class housing options which have led to escalation of property prices in the area.

Connectivity

Whitefield is excellently connected with several key parts of Bangalore through the Old Madras Road and Outer Ring Road. The new International Airport is situated at a distance of 44.8 kilometres from Whitefield. Namma Metro has proposed extension of Line covering 13 stations between Byappanahalli and Whitefield and many more route extensions are currently under construction. The proposed metro line is sure to benefit both residential and IT belts in Whitefield. Metro rail network will reinforce good connectivity to Whitefield, pushing demand for residential property in the area.

Schools

There are several well-known educational institutions in Whitefield. A few of these include School, Apple Kids International Preschool, The Deens Academy School, Euro School, VIBGYOR International School and International School of gement Excellence. Other international schools closer to Whitefield on the Varthur-a road include the Oakridge International School, Indian International School and Chrysalis High School.

Hospitals

Some of the finest hospitals in Whitefield are Eye Hospital at Layout, Sathya General Hospital, Mayo Heart Hospital, a Hrudayalaya -Specialty Hospital and Vydehi Hospital.

Malls

There are several shopping malls in Whitefield like Forum Value, Market City and Inorbit. Apart from lifestyle stores, food outlets, retail stores and eateries, these malls also have gaming zones and cineplexes.

Real Estate in Whitefield

Whitefield is known for its vibrant realty market which is a result of the IT boom in the area. The consistently rising demand for residential spaces is well-catered by reputed builders. Some of the new projects being constructed in Whitefield are Skylark Ithaca, heights, Brigade Cosmopolis and Prestige Silver Oak. Investors get a host of options to choose from available property in Whitefield like high-end apartments, villas and plots. Standard built up areas of apartments in Whitefield range from 695 sq. ft. to 3,500 sq. ft. with some apartment projects such as Prestige White Meadows offering sizes above 5,000 sq. ft. as well. Average apartment price in Whitefield is Rs. 3,848 per sq. ft. Presently, 126 projects are under construction in Whitefield out of which 69 projects are due to be delivered in 2014.

Property rates in Whitefield Hope Farm Junction have risen by upto 45.1% in last 6 months.

Some of the recently launched projects in Whitefield Hope Farm Junction, that you might be interested in, are Greenford Villa, Rainbow, Aakruti.

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