Whitefield offers Maximum Rental Returns!

Posted by dunitzsantrino on February 16th, 2015

Bangalore has seen stupendous growth over the years owing to the boom in IT sector. Being the IT hub, Bangalore witnesses a huge for flats and apartments. In fact a small unit like a single bedroom house for rent in Bangalore has ceaseless demand here! This demand coupled with the affordability factor gives Whitefield a winning edge over other areas. Good connectivity, zero pollution, proximity to workplaces – these are the other catalyzing factors that make Whitefield area an ideal option for investment.

Why choose Whitefield?

Being a self-sustaining suburb, its strategic location facilitates Whitefield to receive a healthy demand for residential properties. Located in East Bangalore, this suburb has become a major part of Greater Bangalore which is experiencing a lot of development. Its lush greenery and beautifully lined up trees make it a good choice for residential apartments. It comes under BBMP and the surrounding areas include Brookfield, Kadugodi, Hoodi, and Varthur. Connectivity is one of the main issues that affect the demand for residential apartments and Whitefield is a clear winner in this regard as it is well connected to most parts of the city. It boasts of 2 major 4 line roads which connect the center of the city to Whitefield. Being such a strategic location, it also enjoys easy connectivity to railway station, bus stop and Bangalore International airport.

Whitefield has emerged as an ideal locality for investment because of these reasons. Besides, strategic location and connectivity, another factor that pushing the demand for residential property here is the availability of houses under every budget range. These affordable housing projects bestow a significant growth and ROI and investors can get good rental value for their property what with the demand and also the amenities in the area. The area is one of the main hubs for employment and there is a huge demand for house for rent in Whitefield. If you invest in a property in the range of Rs 45 – 50 lakh, you will earn minimum Rs, 15000 per month. This has led to the strong demand for residential apartments. So, if you are looking to invest in Bengaluru, Whitefield locality might be the ideal choice.