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20 to 40 lakhs Apartments in Whitefield
Bangalore remains the much sought-after localities amongst many other cities in India. Climatic advantages still makes it the best destination for education, health, employment and investment. The city has been offering one of the best rates of appreciation for the land and housing sector, along with a stable 13 per cent average annual price appreciation in the residential sector for the last four years.
One of the most highlighted areas in Bangalore is Whitefield Hope Farm. Due to presence of prominent IT companies such as Wipro, IBM, Oracle, etc., Whitefield has been rapidly developing as a key locality in Bangalore. This locality lies in proximity to established neighbourhoods and so many MNCs prefer setting up their corporate offices in Whitefield. As the area is conveniently located, there is presence of a vibrant employment hub and infrastructure improvements too makes Whitefield a key residential hotspot of Bangalore.
The property rates in Whitefield Hope Farm Junction, Bangalore is never steady, therefore the investors needs to act as per the market movement if they want to maximize the profit. At present, there are more than over 2000 properties at sale in Whitefield. The prices of these properties in Whitefield Hope Farm Junction starts from Rs 20 lakhs and goes up till more than Rs 10 crores.
There are 1 BHK, 2 BHK, 3 BHK, 4 BHK and 5 BHK option available for buying an apartment in Whitefiled Bangalore. The properties between the range of Rs 20 to 40 lakhs in Whitefield are mostly 1 BHK and 2 BHK apartments. There are not many 1 BHK apartments in Whitefield, majority of units are made of 2 BHK apartments in Whitefield. The price band of these apartments in Whitefield is from Rs 4000 to Rs 8500 per square feet approximately. These apartments cost around Rs 20 to 40 lakhs project in Whitefield. The size of these apartments which ranges from Rs 20 to 40 lakhs varies from 500 to 1000 sq ft approximately.
Over the last few years Bangalore city recorded a rise in demand for 1 BHK and 2 BHK units. These projects which ranges between 20 to 40 lakhs are 1 BHK and 2 BHK apartments and studio apartments are referred as popular segment as it serves living room, kitchen, dining room and bathroom at affordable cost which suits to every individual’s budget. These apartments are a convenient and affordable option to students, newly married couples, singles and young IT professionals who have started their journey and those who are migrating to other locations on job purpose.
The properties ranging from Rs 20 lakhs to 40 lakhs in Whitefield have been selling quickly as they are affordable and convenient. The areas like Whitefield is developing at a fast pace and has seen significant growth in the Residential sector in past few years. With relative property value stability and steady development, Whitefield is definitely a good choice for property investment. Most builders in Whitefield are top listed and hence ensure that they are through with necessary legalities and paper works, thus easing the burden on non-residents.