Apartments & Housing Options at Whitefield
Whitefield still continues to be one of the most sought after places in Bangalore today. The scene was not like what it is today, twenty-five years back. In the early 1990s, among the traditionally demarcated areas of Bangalore were Brigade Road, M.G. Road, and Commercial Street which were known for corporate offices and shopping centres. The residential areas were typically Malleshwaram, Basavanagudi, Jayanagar and few other areas.
Whitefield used to be a remote location 26 kilometers from the city at the outskirts of Bangalore with few houses here and there. The neighboring areas of Whitefield were Varthur, Hoodi, Kadugodi, and few other places which got a boost in the residential apartments and homes with the construction and operation of the Outer Ring Road.
Today, Whitefield is one of the most sought after places in Bangalore and for this, the ITPB is one of the main reasons. After almost 20 years of the establishment of ITPB and the Export Promotion Industrial Park (EPIP), it has turned into a sought after place both in terms of employment and residential population. There are other attractions of the area too like the Sai Baba Ashram and hospital which also attracts people from all over India and even abroad. All these factors have made Whitefield grow in leaps and bounds with the social infrastructure growing in tandem for which Whitefield is today one of the most sought after places in Bangalore.
Companies at Whitefield
Although today, Whitefield is overcrowded with offices and IT companies there are five major campuses that hold the majority of the IT companies in Whitefield. They are International Technology Park Bangalore, Export Promotion Industrial Park, Brigade Tech Park, RMZ, and Brook field.
There are many IT majors present at Whitefield like TCS, SAP, iGATE, Unisys, Huawei, Perot Systems, Oracle, Tesco, Shell, GM, GE and a whole load of others. Mostly, the companies present here are BPOs, LPOs, software companies, and core IT companies. Each of the parks has a plethora of different national and multi-national companies with Brook Field having more than 100 companies and RMZ having over 50 companies on the campus.
Apartment Options at Whitefield
Today, Whitefield is one of the most in-demand places due to the surge in preference by the IT workforce. Due to the employment generation in Whitefield, areas like Hoodi, Kadugodi, K R Puram and even other places near Whitefield have increased in demand and popularity in terms of housing. Whitefield has all types and forms of housing right from luxurious villas, row houses, independent houses, and gated communities to affordable apartments.
Various research studies show that out of the total properties and apartments for sale in Whitefield, 35% of the properties are ready-to-move-in. Apartments near Whitefield is available at a price that is as low as Rs. 25 lakhs to Rs. 2.5 crores. There are 1, 2, 3 & 4 BHK units available in the apartments for sale in Whitefield within an area of 450 sq. ft. to 2000 sq. ft. Those looking for more spacious living spaces can go for larger units with 2000 to 4500 sq. ft. Apart from the high-end housing, there are affordable housing options too with a lot of affordable apartments in Whitefield available for sale in and around the area.
Future Apartments of Whitefield
According to a report by, there were 28,500 new residential units that came up in the last five years in the Whitefield area. The maximum number of launches happened in the period between 2013 to 2015, which accounts for 83% of the new launches in this time period. After 2016, the new launches were witnessed to have dropped significantly owing to the huge backlog of unsold stock and the impact of demonetization, Real Estate Regulatory Authority (RERA), and GST. Out of the apartments in Whitefield, there are many in the ready-to-move-in stage and these include the affordable segment apartments too.
Although there was unsold stock piled up in Whitefield, the situation is due to improve as the Peripheral Ring Road is on the way to be operational. Although the new launches are a bit sluggish there are more launches in the affordable sector than the high-end segment as recently DS-MAX Sangam Grand was launched in the area near Sai Baba ashram near ITPL. The area is well known for its demand from IT population as it’s amidst large IT companies and major multinationals.
The analysts feel that the new launches are bound to increase once the Whitefield PRR is operational. Whitefield already has railway connectivity unlike other parts of the city. Both Metro railway and PRR is in the offing which would certainly increase the demand for housing and Flat & Apartments in Whitefield.
- After almost 20 years of the establishment of ITPB and the Export Promotion Industrial Park (EPIP), Whitefield has turned into a sought after place both in terms of employment and residential population.
- The major IT parks of Bangalore are International Technology Park Bangalore, Export Promotion Industrial Park, Brigade Tech Park, RMZ, and Brookfield.
- According to a report by Anarock Property Consultants, there were 28,500 new residential units that came up in the last five years in the Whitefield area.
- Although there was unsold stock piled up in Whitefield, the situation along with the new launches is due to improve as the Peripheral Ring Road is on the way to be operational.