The Buy property in bangalore has seen tremendous growth due the booming IT sector and more blue chip companies entering into the space. The awesome weather of the city and cosmopolitan culture has been a great bet for investors. The city has witnessed a whopping demand due to various factors such as robust connectivity, excellent infrastructure and vibrant lifestyle quotient. Whitefield and Hoskote are two such areas that has grown as investment hotspots in Bangalore.
As Whitefield has emerged as an IT hub, the professionals who live and work in the vicinity take less time to commute.
Supply of housing
Another significant factor that is fuelling demand for new projects in bangalore Whitefield is the continous supply of housing that is suitable for very budget. Property seekers looking for properties in Whitefield can opt for villas, gated communities, apartment complexes, and private layouts. Some of the prominent projects are also launched by reputed developers and builders.
Robust social infrastructure
Whitefield hosts a number of educational institutions and reputed colleges. Whitefield is also known as the gourmet hub of Bangalore due to the plethora of restaurants serving international cuisines from across the world to tickle the taste buds.
Excellent connectivity to other parts of the city
The Outer Ring Road (ORR) is one of the main road connectivity projects that has linked this suburb to all parts of the city. This connectivity is envisaged to boost the further connectivity and decongest the traffic after the completion of the Bangalore Metro Rail.All of these factors have combined together to transform Whitefield into a robust locality with excellent social infrastructure and physical infrastructure.
Hoskote boasts of close proximity to Whitefield that is a prominent IT hub of the city. With the spate of IT companies & large employment base, Whitefield has also emerged into lucrative destination for residential and retail development. To cater to the increase in demand of luxury property in bangalore units, areas located in vicinity such as Hoskote is also on the nonstop mode of development to fulfill the rising demand from Whitefield.
Hoskote has robust connectivity with Whitefield (14 KM), Outer Ring Road (ORR) and lies on the growth corridors of NH- 4 that connects Pune-Bengaluru-Chennai. The location is located in close vicinity to proposed Peripheral Ring Road that is expected cut down the travel time to nearby areas such as Whitefield, Hoodi, Marathahalli etc, once functional.
The location has ample of excellent social infrastructures that makes Hoskote an amazing place to live. It hosts a number of schools, research institutes, hospitals & shopping malls. Hoskote has demonstrated price appreciation of more than 11% in the last one year owing to the lucrative job opportunities, connectivity and a state of the art social infrastructure. The same trend is expected to continue in the near future as well.
It is known to be an enthralling destination for birdwatchers and along with the treat for photographers due to awesome climate and bountiful scenic views. Also, Hoskote boasts of the presence of a number of temples, mosques and church that have historical significance of more than 500 years.