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₹19,000,000

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Plot of land
For Sale
Whitefield
India

About Whitefield

Plot for available in Bore well road
Whitefield
3990 Sq ft
1.90Cr Asking price
West-South Corner plot

Whitefield is one of the most prominent IT
hubs in the state of Karnataka for a long
time now. Several developers and builders of
Bangalore have invested in Whitefield,
boasting of big, spacious and world-class
apartments. It boasts of zero pollution,
good connectivity and efficient proximity to
workplaces, which makes it an ideal option
for investment. Presently one of the most
sought-after localities, this suburb enjoys
excellent connectivity to other parts of the
city via metro.

Located in East Bangalore, Whitefield is an
early Eurasian settlement that has always
been known for its lush greenery, perfectly
aligned trees and residential apartments. It
comes under the purview of the Bruhat
Bangalore Maha Nagara Palike (BBMP).
Surrounding areas include Brookfield, Hoodi,
Kadugodi, Varthurm.

Whitefield has got good residential and
commercial properties. Various shopping
malls like Forum Value Mall, Phoenix Market
City, Park Square Mall and In orbit Mall
reside in the Whitefield area. All kinds of
commercial properties including shopping
malls, IT parks, office buildings,
commercial complexes, private business
spaces, restaurants can be found here.

Whitefield as a micro-market has developed
into a self-sustaining area. Along with
being an IT destination, this area has good
social infrastructure and developing
physical infrastructure. Hence, the demand
for luxury residential developments remains
high.

Connectivity and Transit Points

The Whitefield Road via Mahadevapura and
Varthur road (aka HAL Old Airport Road) via
Marathahalli are the two major 4-lane roads
that connect the center of the city to
Whitefield. Intersecting at the Karnataka
State Highway 35 (SH-35), the two roads run
in the North-South direction.

Situated on the Bangalore-Chennai route, the
Whitefield Railway Station is about 3 km
north of the Whitefield bus stop. The
railway is double and electrified, and a
quadruple line project for the
Krishanrajapuram-Whitefield section of the
railway has been proposed. Providing
enhanced connectivity will be the
Whitefield-Kolar Line which is slated to
make the station a junction soon.

The major trains to Whitefield depart from
only Bangalore City Junction. Trains passing
through the area include the Mysore-Howrah
Express running from Mysore to Howrah, the
Chennai Express, the Seshadri Express, the
Tirupati Passenger and the Kanyakumari
Express. All these trains take about 30 to
40 minutes to reach Whitefield from the City
Junction.

Bangalore International Airport is the
closest airport to Whitefield, at a distance
of 50 km. There are also air-conditioned
Volvo buses available for transport, such as
the 335E, 335P and 500k, 500C, 500L etc.

Major Landmarks

● The International Techno Park
● Oracle India Pvt Ltd Whitefield Office
● Geneva Corporate Office
● TCS
● IBM
● TESCO
● The Sathya Sai Baba Hospital
● Sai Baba Ashram

Factors for Growth in the Past

Whitefield is known for its technology
parks, which houses several IT and ITES
companies, Export Promotion Industrial Park
(EPIP), and Bhoruka Tech Park. Major IT/ITES
companies are Accenture, Symbian India Ltd.,
GE (John F. Welch Technology Center), and
Wipro, iGate Global Solutions, Sapient,
Manhattan Associates, SAP Labs, Perot
Systems, Dell, IBM, Intel and Oracle. With
state-of-the-art infrastructure and
professionally managed services, Whitefield
is perfectly suitable for commercial
transactions.

Some of the world`s leading industries are
also situated in Whitefield, the most
prominent being Hindustan Lever Research
Center (Unilever) and Padmini Industries. At
a cost of Rs 339 crore on 10 hectares, the
Special Economic Zones (SEZs) was
established in Whitefield by SAN Engineering
and Locomotive Ltd.

The expatriate population of Whitefield is
considerably high, and owes to the rapid
growth of IT/ITeS offices, rapid economic
and commercial development in the area. This
has led to a strong demand for residential
developments in the micro market
specifically for the middle and upper middle
level income groups.

Residential and Commercial Markets

Residential Market Trends

The average price for apartments in
Whitefield is estimated to be Rs 4000 to
6500 per . Some of the affordable
projects in Whitefield are Mulberry Mist,
Amrutha Value and Gopalan Atlantis.

This locality will definitely see
significant growth and ROI, and investors
are likely to enjoy between 8 to 10 per cent
returns. Average apartment prices in this
locality range from Rs --(Phone number)-- per .
Average land prices are Rs --(Phone number)-- per
.

Commercial Market Trends

Ever since the early 2000s, Whitefield has
emerged as a major IT/ITeS hub, housing more
than 400 companies in the likes of Oracle,
SAP, TCS, Cap Gemini, HUL, Aviva, 24/7, HCL
Perot Systems, Intel, Wipro.

Major Challenges

Bore wells having been exploited thoroughly,
many have ceased to yield water in
Whitefield. The private water tanker
business at the end of almost every street
is a ubiquitous phenomenon, and people who
can least afford it end up having to shell
out big bucks for water. Also, the area has
no proper sewage lines and the old ones were
enough for the load that existed then.

Even as Section 72 A of the Bangalore Water
Supply and Sewerage (Amendment) Act 2011
mandates that every building on a site of
2,400 . and above, as well as the owner
who proposes to construct a building on a
site 1,200 . or above, have a RWH
facility for storage or groundwater
recharge, the ground realties are far from
what is on paper. The Whitefield area is a
classic example of unplanned revenue pockets
where the houses do not have space for any
of the basic amenities such as sanitary
lines and water supply pipelines, leave
alone RWH.

Factors for Growth in the Future

Being a self-sustaining suburb, Whitefield
has a multitude of residential projects,
modern-format retail malls, hotels and other
social infrastructure. The area can be
easily reached from any part of the city via
two stretches in KR Puram and Marathalli.

A corridor has been proposed for the Metro,
which will be 18 km long and is expected to
get completed by 2017-18. With the
increasing demand for office and retail
spaces, there is an increase in residential
settlements as well, and Whitefield has
strong economic growth overall. Significant
improvements in travel time are expected to
be seen by 2015, when the Bangalore Metro
Rail Project and proposed Peripheral Ring
Road (PRR) Phase I are completed.

Godrej Properties Limited, the real estate
arm of the Godrej Group has entered into a
Development Management Agreement with M/s
United Oxygen Company Private Limited, to
develop their property situated near Hoody,
Whitefield Main Road, Bangalore. The project
will offer approximately 1,000,000 .
saleable area and will be developed as a
residential housing project. The project
will have good connectivity to the IT and
ITes belt at Bellandur on Outer Ring Road
and will be a landmark development in the
location.

Residential Projects at Whitefield are
listed below:

Veracious Rose Dale
SJR Brooklyn
IDEB Tivoli
Ittina Akkala Apartments
Prestige Shantiniketan
Windmills of Your Mind
Janapriya Sai Darshan
Sobha Amethyst
DSR Spring Beauty
Prestige Ozone
Alpine Viva
Flushing Meadows Apartments
White Pebbles
The Empyrean
Prestige Laughing Waters
SMR Vinay Galaxy
Prestige White Meadows
Sobha Rose
Prestige Palms
Prestige Silver Oak

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