Considering the promises the future holds for Whitefield, the problems facing this eastern part of Bengaluru today will seem insignificant. Those with a sense of the real estate market choose Whitefield as their home, considering the massive development initiatives the government is undertaking. The sheer number of upcoming Whitefield apartments coming up is remarkable. Large residential and commercial projects adorn its bright horizon. Whitefield has come a long way from a sleepy farming suburb to a bustling real estate haven. Most of the development started in the early 2000s after the IT boom.

Whitefield’s population consists primarily of IT professionals and clerks who hold clerical jobs. Whitefield has the best international multinational offices, which attracts hundreds of professionals to it. They settle here in the hope of an elevated lifestyle. Naturally, the demand for 1, 2 and 3 BHK apartments in Whitefield is high. The market favors home buyers here. Bengaluru has primarily been a stable market in terms of real estate due to its ability to create job opportunities. As long as the employment sector thrives, the demand for real estate will be high.

Despite its transportation challenges, Whitefield remains the first choice for many home buyers. This is mainly due to two factors: one, making an investment when you can and two, the promise that the future holds here. Many believe that the Peripheral Ring Road (PRR) and Metrorail Phase II connecting Baiyappanahalli to Whitefield will change Whitefield’s profile completely. The PRR project is expected to integrate state and national highways around Bengaluru. This includes Hosur Road, Old Madras Road, Bellary Road, and Tumkur Road. This will also reduce pressure on the Outer Ring Road (ORR).

Metro’s second phase will be operational in 2020. Everyone knows what this project means for Whitefield. Both projects will address Bengaluru’s traffic problems, especially for those who live in Whitefield. With this area becoming the preferred destination of thousands of people in a short time, there is a sudden increase in residential and commercial projects. Additionally, upcoming apartments in Whitefield will be subject to RERA regulations, making home buying significantly easier for home buyers. According to the main builders here, more than four people from lac work for various multinational companies in Whitefield.

Imagine the number of projects these developers are undertaking to keep up with demand. Property prices near metro stations and corporate centers are on the rise as everyone is looking to own 1, 2 and 3 BHK apartments in Whitefield, either near the stations or close to their workplace. As more and more infrastructure developments take place, demand and property prices will increase near the projects. Subway work is progressing rapidly. The work of the PRR project will soon accelerate. In the last five years or so, nearly 28,500 residential projects have emerged in the Whitefield region.

Although the number of launches peaked during the 2013-2015 period, representing 83 percent of unit launches in these five years, demonetization, GST and RERA reduced this percentage somewhat since 2016. The hiatus resulted in a large inventory of unsold units in Campo Blanco. Therefore, any home buyer looking to invest in a property should do so now. Developers are offering deep discounts, giveaways, and deals on unsold units. The next move-in ready apartments in Whitefield are a great option if you plan to move in in the near future.