An Insight on Real Estate at Whitefield-bangalore

Bangalore CBD region is on the verge of saturationDevelopers, to develop world-class commercial and
and the city is facing traffic chaos, housing scarcityresidential properties.
and there is a simmering demand for more space andInfrastructure boost
better infrastructure. To meet the requirements theIn view of handling the growing pressure on city
city is now expanding to the peripheries.infrastructure and subsequent impact on city real
In view of resolving aggravating state of cityestate, the Bangalore Development Authority has
infrastructure, the Karnataka Government is investingalso planned construction of flyovers at four prime
US$ 15.73 billion to improve the infrastructure in thelocations of Bangalore, and one of these flyovers is
state which is highest among all states in the country.coming up at Whitefield-KR Puram belt.
The main thrust will be on the development of OuterTo further decongest traffic and enhance inter-state
Ring Road (ORR) region to solve the problem ofconnectivity a railway track and road network will
traffic congestion and to meet the requirements ofalso be build, which will link the place with National
industries.Highway.
Due attention is also to the peripheral areas as well,With such developments and upcoming projects in
and Whitefield is among the most talked about realWhitefield, property values in not just Whitefield but
estate markets in Bangalore currently. Whitefield isentire Bangalore are expected to be influenced,
located on the periphery near ORR where lots ofproperty dealers say. They say that with the
infrastructure and real estate development activitiesenhancement in infrastructure and connectivity, more
are taking place. The location is merely 3-km from KRnumber of foreign investors and buyers will be
Puram Railway station, 2.5 km from Ring Road andattracted to invest in the real estate projects.
bordered with international school and medicalAs far as the current scenario is concerned,
facilities.Bangalore Real Estate market is witnessing steady
A slew of residential and commercial projects aregrowth curve and property values in both capital and
coming up in the area by leading real estaterental segments are escalating with time.
developers such as Nitesh estates and Sobha