Whitefield vs Electronic City: Which area should you choose to buy a flat?
Whitefield and Electronic City, two of the most happening areas of Bangalore. Most of the IT professionals are seen working either in Electronic City or in Whitefield. And when it comes to property investments or buying apartments in Bangalore, these two areas top the list because of the ample amount of opportunities and conveniences that these places have to offer.
Choosing between these two hubs for making a property investment can be a tough job.
Whitefield or Electronic City? Electronic City or Whitefield? Difficult decision right?
Here are some points that may help you to come to a conclusion.
1. Rental and Capital Values
Electronic City is considered to be one of the potential areas to invest because of its rental values, well-developed social infrastructure, and robust connectivity. According to reports, the average rental value in Electronic City has gone up by almost 7% in the last year and has now reached 4,600 per sq.ft.
Whitefield, on the other hand, stands at 5, 7000 sq.ft and has witnessed an increase in 6% compared to last year.
Electronic City and Whitefield are considered to be the best real estate locations in Bangalore. Being home to big IT giants, both these areas have a high potential growth when it comes to investment.
Whitefield is connected to some of the major parts of Bangalore like Marathalli, Varthur, Mahadevpura, etc. The Whitefield Railway Station is just kilometers away whereas the International Airport is an hour’s drive from this area.
On the other hand, Electronic City is situated at Hosur Road which lies on the Bangalore-Chennai Highway. This area is connected to Bannerghatta Road, NICE Road and also has easy access to other parts of the city because of the well-connected bus routes.The upcoming metro line will also add up to the increasing demand as it will be connecting Phase-I and Phase-II of Electronic City,Hebbagodi and Huskur Road.
3. Social Infrastructure
With renowned schools Silicon Valley High, Delhi Public School, Treamis World School, etc, Electronic city has a social infrastructure that is ideal for families. The area also consists of some of the top hospitals, shopping malls, restaurants in close proximity making it an ideal destination for some fun and enjoyment.
Whitefield generally witnesses a population that is aged between 20 and 30 years, therefore, making this area a hub for the younger generation. With night clubs, pubs and breweries, Whitefield also has some of the top malls such as Inorbit Mall, The Forum, and Phoenix Market City for some weekend entertainment.