Which Should You Choose : Whitefield Or Electronic City?
Bangalore real estate on your mind? Check out this story on Whitefield and Electronic City!
Bangalore has seen a spike in real estate investment, notably in the Whitefield and Electronic City technology sectors, thanks to its image as India’s Silicon Valley. How do the two neighbourhoods stack up in terms of housing alternatives and investment potential? The pros and drawbacks of Whitefield and Electronic City for your property will be covered in this post.
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Against Whitefield versus Electronic City
Bangalore’s Electronic City and Whitefield have a reputation for being vibrant technological areas, but there are important distinctions to take into account when choosing between the two for your house.
Both capital and rent are value
The average housing value in Electronic City has increased significantly over the previous five years, growing by over 8% to around Rs 5,100 per square foot. While Whitefield’s average property value is greater, at Rs 7,100 per square foot, it has only seen a 5% gain in value since last year.
Varthur and ITPL frequently see a considerable amount of Whitefield’s housing demand, which might delay a price increase. In contrast, Electronic City has had great demand for upscale technological parks and shopping centres, resulting in optimistic residential demand and prospective expansion.
Whitefield often has higher rental costs, with a 2 BHK unit’s average monthly costing roughly Rs 20,000. In Electronic City, the average monthly rent for a comparable unit is about Rs 15,000, making it a more cost-effective choice.
There are a lot of 2 BHK and 3 BHK flats in Electronic City and Whitefield—roughly 95% in Electronic City and 90% in Whitefield. These two regions provide a variety of possibilities for people looking to buy a property in Bangalore to meet various budgets and interests.
Due to its excellent access to key metropolitan sectors through two four-lane highways, Whitefield is a sought-after area in Bangalore. While Varthur Road through Marathahalli and Whitefield Road via Mahadevapura both offer adequate connection, the latter might be subject to traffic congestion, lengthening travel times. Both the Kempegowda International Airport and the Whitefield Railway Station, which are both easily accessible by automobile, are conveniently adjacent to Whitefield. Real estate prices in the area are expected to rise as a result of Whitefield’s future inclusion in the Namma Metro network during the second phase.
The business hub of Hosur Road, which is a part of the Bangalore-Chennai Highway, is where Electronic City is located. Thanks to BMTC buses, large streets like Bannerghatta Road and NICE Road, and a six-lane highway. The neighbourhood offers good connectivity. In order to further improve connectivity to the rest of the city, Electronic City also features a dedicated metro station on the Namma Metro’s Yellow Line. These transit alternatives have helped Electronic City’s real estate prices increase and meet the city’s high demand.
Highways and other amenities
Although Whitefield has frequently experienced traffic congestion, there is now some optimism. An underpass will be constructed on the Whitefield-Hoskote Road as part of the plan to build the Peripheral Ring Road. This will help to solve the issue. Additionally, a new road connecting ITPL Main Road and Whitefield Main Road is now being constructed. Which will also help with traffic issues.
Neeladri Road in the nearby Electronic City requires upkeep, which has its own infrastructural problems. In order to alleviate this problem, the area between Bannerghatta Road and Neeladri Road is being developed. While these initiatives are under progress, Neeladri Road may cause inconvenience for local commuters.
A problem is being experience in both Whitefield and Electronic City as a result of the low groundwater levels. Private water tankers are being used to augment borewells, which are becoming less reliable sources of water delivery. These resource and infrastructural problems may discourage real estate activity in these micromarkets. However, the Whitefield and Electronic City real estate markets may continue to prosper if authorities act to alleviate these issues.
Social support systems
Bangalore’s Whitefield is a well-liked neighbourhood, especially among people in their 20s and 30s. There are many different nightclubs and breweries to pick from in the area, which boasts a vibrant nightlife scene. Along with all of these entertainment options. Whitefield is also home to a number of shopping centres, such as Inorbit Mall, Phoenix Market City, and The Forum. Which allow weekend shoppers to indulge in a little retail therapy.
Contrarily, Electronic City is renowne for its strong social infrastructure, particularly for its assortment of schools. Such as Treamis World School, Sorsfort International School, and Delhi Public School. Due to its excellent schools, Electronic City is a great place for families. In addition to educational facilities. Electronic City offers a wide range of opportunities for leisure and amusement, including the family-friendly Hebbagodi Lake Park. Whitefield and Electronic City have plenty to offer, whether you’re seeking for a fun nightlife or a family-friendly setting.
Alternatives to Whitefield and Electronic City
Bellandur and HSR Layout are great choices if you’re thinking about investing in real estate in Bangalore and want to be close to Whitefield and Electronic City. The distances between these places and each of the destinations are similar. They also have the advantage of avoiding a trip via the Silk Board crossroads. Which is notorious for its heavy traffic congestion.
Wide roads, tight green areas, small builder-floored apartments. And roomy bungalows are the primary characteristics of the Bellandur and HSR Layout neighbourhoods. They are two of the most self-sufficient neighbourhoods in Bangalore as a result of this and the numerous well-established retail options they offer.
Along with these benefits, the positioning of these micro-markets offers potential city real estate investors a balanced combination of closeness and self-sufficiency in the goods and services they require. For anyone searching for a location that is convenient to travel to and has all the facilities they want close by. Bellandur and HSR Layout are enticing possibilities.
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