East Bangalore has experienced a major transformation in Bangalore due to its super infrastructure developments and social establishments in the vicinity. The region has noticed a tremendous growth in terms of connectivity emerging out as one of the Bangalore’s most desirable residential places to live in.
Some of the prominent areas such as Bellandur, CV Raman Nagar, Hoodi, Krishnarajapuram, Mahadevpura, Marathahalli, Varthur and Whitefield comprises East Bangalore. Bangalore has witnessed a significant growth in IT/ITeS departments accommodating over more than 1 million employees annually resulting in the need for residential requirements in this region. Once upon a time Whitefield and ORR-Sarjapur were filled with vast agricultural lands but over the past few years these areas have proved to be the City’s most desirable residential gateways.
East Bangalore has seen majority of IT companies situated on Outer Ring Road (ORR), Whitefield, ITPL and Electronic City are with expansive campuses. The signal free outer ring road stretch all the way from silk board junction connects to Hebbal, Electronic City and Whitefield is a major high point in the Eastern sector. Consisting many flyovers and underpasses, this route acts as a blessing to all the working professionals surrounding this area.
The development of Namma Metro Phase 1 connecting the central city to Byappanahalli which is an extension of East Bangalore has motivated the desirability quotient for residential investments in this area. Metro Phase 2 development has already begun joining Whitefield to Byappanahalli giving a significant boost to an easier commute in this locality. Altogether there are numerous reputed International schools, renowned health care facilities, 5 star hotels, operational malls and a lot of fine dining options in this region which is progressively developing into an ideal division.
East Bangalore has witnessed an upmarket in the real estate sector with the intervene of a lot of prominent developers offering variants of residential segments which suits an end user demand with affordable homes to ultra-premium gateways of living. With a futuristic vision to be a part of the locality which is going to be the best new residential hub of Bangalore, East Bangalore is emerging out as a winner with attractive developments and extensive residential projects.
Real estate development in East Bangalore has witnessed a significant growth in the past few years due to the developments of IT parks, commercial industries, government undertaken projects and social infrastructure developments around the vicinity. Lot of potential home buyers are targeting this region for an investment owing to its rapid growth and future needs. Majority of the industries have chosen this region as their base giving a prospective purpose in uplifting the market value
Bangalore brags of having close to 67,000 registered IT companies making it one of the biggest IT networks of India. East Bangalore owns the majority portions of IT sector with huge IT parks in Whitefield, Bellandur, Marathahalli and Outer Ring road-Sarjapur road. Numerous companies are part of these IT parks giving employment opportunities to many people and thereby increasing the need for residential developments around the work locations.
Real estate development in East Bangalore has seen a noteworthy improvements in ‘ECC Road Whitefield’ for its proximity to the major IT hubs and the upcoming phase 2 developments of Namma Metro. Bellandur has witnessed a lot of residential requirements due to the number of companies emerging on the Outer ring road. Marathahalli is a prominent junction in connecting the route to Whitefield and Old Madras providing a lot of options for residents in this area to connect to all the major parts of the city. CV Raman Nagar, Krishnarajapuram, Hoodi and Mahadevpura is all situated in a close radius to Whitefield and Hebbal making it easier to travel to offices. Railway Stations, BMTC bus facilities, Cab Services and private travels are all efficiently working in this sector to provide smooth hassle free commute to the residents.
When an investor plans for any kind of an investment they always look at the resale value to be higher than the investment made. East Bangalore promises a very good appreciation on the price resulting in the ongoing demand that is created in this market for residential and commercial enclaves. Top most renowned builders in Bangalore are successfully thriving their best to make a mark in the real estate industry by providing best residential homes that fits the prerequisite and budget of home buyers. With all these factors, real estate development in East Bangalore is rapidly growing day by day creating an urge to invest and flourish as a fortunate investor.
Prestige Waterford is a prospective grandeur residential project located in Whitefield an urban hotspot of East Bangalore. The project is spread across 17 acres of land area with houses having 3 BHK and 4 BHK configurations. There are 5 buildings within the premise and 7 towers with each tower having a basement, ground floor and 24 upper floors and a total of 689 units.
Prestige Lakeside Habitat is a luxurious residential and ready to move in township with a mix of apartments and villas. This magnificent enclave is spread across 102 acres, out of which 80 acres is kept open for landscapes. It is situated on the Whitefield-Sarjapur road overlooking the scenic beauty of Varthur Lake. The property consists a total of 3,697 units out of which 271 villas and 3,428 apartments in 1 BHK, 2 BHK, 3 BHK and 4 BHK configurations.
Prestige White Meadows is a residential community with opulence that offers dedicated ready to move in luxury villas and independent bungalows. The property is spread across 28.5 acres situated at Sathya Sai Layout, Whitefield with 4 BHK and 5 BHK configurations. There are 288 sky villas in 4 different high rise towers which is of 27 floors each and 66 Independent bungalows which is set up with a beautiful scenic background.
Prestige silver Oak is a high rise residential ready to move in apartment that is situated in the suburbs of ECC road, Whitefield. This scrumptious property is spread across 17 acres with 3 BHK and 4 BHK configurations with a total of 32 apartments and 146 Villas which are elegantly designed with its own private gardens.
Prestige Mayberry is a delightful residential community which is spread across 20 acres situated at Nagondanahalli, Bangalore. The property comprises of twin and independent villas with 3 BHK and 4 BHK configurations. This residential enclave consists of a total of 166 units with an undisturbed privacy and freedom for today’s optimistic families to live life to the fullest.
Prestige Shantiniketan is a mixed use integrated residential township with commercial and retail spaces. This huge township is spread across 105 acres and is located at Hoodi, Bangalore. The residential segment comprises of 2 BHK, 3 BHK and 4 BHK configurations on 24 high rise towers with a total of 3002 apartments spread across an area of 67 acres with an 8 acre central park. The remaining area consists of 3.2 million square feet of office space which is spread across 7 towers.
Prestige Technostar is a ready to occupy commercial office space with ultra-modern and futuristic facilities. It is located at Brookefield Main road, Bangalore with a total of 1054655 sq.ft of office space and a central lounge space of 1.8 acres. Each floor is elongated with 25,000 to 30,000 sq.ft which are planned in 3 separate buildings and separate circulation core providing a parking facility to accommodate a total of 1897 cars.
Prestige Omega is a commercial office space situated on EPIP zone Whitefield, Bangalore. This official space is well equipped with all the required modern facilities with a total area of 92,000 sq.ft. The typical floor area is 23,000 sq.ft and the building comprises of a basement for parking, ground floor and 3 upper floors which are skillfully designed for commercial purpose.
Prestige Bougainvillea consists of top quality premium villas situated behind ITPL at Dodsworth Layout, Whitefield. There are a total of 22 villas which are spread across 3.5 acres of land space with 2 BHK, 3 BHK and 4 BHK units. The villas are carefully crafted keeping in mind the old beauty of Bangalore to fit with a modern lifestyle.
Prestige Glenwood is a residential ready to move in twin houses and independent villas. The property is situated at Budigere Cross, off Old Madras road, Bangalore which is sprawled across an area of 15 acres. There are a total pf 116 units with 3 BHK and 4 BHK configurations surrounded by lush gardens and open landscapes.
Prestige Tech Vista is an exclusively designed grandeur residential town houses situated in Kadubeesanahalli with a neighborhood of Marathahalli-Sarjapur Outer Ring Road. The project is sprawled across 3 acres of land area reserved specifically for 30 exclusive town houses. The unit ranges from 3,980 to 4,307 sq.ft with 4 BHK configurations.
Prestige Summer Fields is a ready to occupy residential twin houses and independent villas situated in Kadubeesanahalli, Off Sarjapur-Marathahalli Ring Road. The project is expanded across 12 acres of land space with 83 independent villas and twin houses. The unit comprises of 3 BHK and 4 BHK configurations which are meticulously designed in between tranquil landscapes to add a sophisticated simplicity to life.
IT developments in East Bangalore has reaped a lot of benefits for the real estate sector with tremendous growth in the valuation of the property. The major reason that led to this demand is the expansion of IT/ITeS companies in different parts of the city, predominantly in East Bangalore. Well known as the ‘Silicon Valley of India’, Bangalore stands top in terms of generating employment opportunities in the country attracting people from different parts of the nation.
With prominent companies like Wipro, Infosys, Cognizant, Capgemini, BOSCH, CISCO, SAP, Tata Consultancy Services and many more giants, IT and commercial industries have set their base in this part of the city owing to its demand in the resident segment. Whitefield and ITPL comprises the major portion of the IT horizon creating a lot of job offers every year which results as an urge among the employees to find an easier commute. Naturally this led in improvements of the surrounding localities with commercial developments, entertainment hubs, office spaces and residential enclaves.
IT developments in East Bangalore has impacted a lot in social developments like good connectivity roads, metro developments, increased BMTC services and of course interests of the potential home buyers in investments due to the high rise residential activity that is taking place by the top most developers of Bangalore. The price of the residential properties in this region is quiet affordable attracting the mid-segment buyers and has also seen a tremendous price appreciation in the past few years. East Bangalore proves to be the most preferred residential gateways in Bangalore with the demand created by the immense growth of IT industries.
Industries in East Bangalore have contributed significantly in the growth and the surrounding developments involved within the area. Hoskote, a taluk in Bangalore’s Rural District is developing rapidly as an industrial hub with close to 200 industrial units which includes some of the major auto manufacturer plants. Whitefield, KR Puram, Hebbal, Sarjapur road and Old Madras road is very well connected to Hoskote with the accessibility of outer ring road and proposed peripheral ring road which boosts the connectivity in future.
Old Madras road in the eastern part of Bangalore is the center of attraction for potential home buyers with its commercial expansion and numerous infrastructural projects queued up in the pipeline. The area is easily connected to the most established areas of Bangalore like Koramanagla, Whitefield and KR Puram. Along with the various IT hubs in the vicinity Karnataka Industrial Areas Development Board (KIADB) is located within a radius of 10 kms which has made the investors from all over the world to identify Karnataka as an ideal destination for startups and ventures.
Many manufacturing and supply industries are set up in Kadugodi and Hope Form junction, adding on to the improvements of social infrastructure and developments. With ample requirements in hand in terms of IT and Industrial employment opportunities, East Bangalore emerges as the ideal fast growing areas of the city by promising healthy returns on the investments made.