Bangalore’s Whitefield: It was during the late 1880s when the neighbourhood of Whitefield in Bangalore witnessed a shift from being known as a settler’s haven due to its scenic beauty to being one of the key technology hubs in Asia. Not just this was the time when this part of city started being known as the sought-after real estate destination of Bangalore. The city has evolved over the last 200 years and is now one of the most preferred residential real estate destination in the country. This neighbourhood falls in the eastern periphery of the Greater Bengaluru region. While the city’s evolution dates 200 years back, the shoot in its real estate sector started only in the early 2000s. According to an Indian Express report, this was the time when the IT-ITeS sector began to boom.
It was during the early 2000s when the Export Promotion Industrial Park (EPIP) and the International Technology Park of Bengaluru (ITPB) were established in the city which helped shape Whitefield into a buzzing suburb. Currently, more than 4 lakh techies work in various multi-national companies located here. The demand for housing in the Whitefield region is primarily driven by the IT professionals working in nearby office complexes. It is because of the IT-ITeS sector boom in Bangalore, that the real estate sector has grown in the region. Whitefield’s residential real estate growth has also benefitted from the saturation of core areas of the city, significant rise in IT-ITeS and retail spaces in and around the locality, availability of land parcels for large-scale developments and the presence of excellent physical infrastructure, according to IE.
The region is also popular because of its strategical location. It is close to the Old Madras Road (National Highway 4) and is well connected by road, rail and air. Whitefield has easy access to the rest of Bengaluru through the Whitefield main road, further linking to Old Airport Road and Varthur road. Unsurpassed connectivity to the Outer Ring Road at Marathahalli is an added advantage. The nearest railway station is Hoodi at a distance of 3.5 km and Whitefield at a distance of 5 km. Whitefield has excellent connectivity to Kempegowda International Airport (at a distance of 49 km) via SH 104.