Bangalore is a commercial place with promising returns for investors. Parallel with the residential sale market, the rental market is also growing in Bangalore. At present, the rental market has been considerably increasing in Whitefield, Bangalore. Irrespective of the BHK configuration, investors show interest in rental property. Whitefield is the commercial rental yield in Bangalore. Apart from Whitefield, there are many other places in Bangalore that can fetch high rentals are Sarjapur Road, Koramangala, HSR Layout, and Electronic city.
Earn High Rental Returns in Whitefield:
Whitefield is the place in Bangalore which is located 40kms away from the Airport. It is referred to as a renowned IT hub that is located adjacent to ITPL in Bangalore. It is located in the vicinity of many residential areas like Brookefield, Marathahalli, Kundalahalli, KR Puram, and Mahadevapura. Here, there is 4.06 % of collective rental property. It includes builder floors, apartments, villas, and row houses. Whitfield has a high rental yield property when compared to other locations in Bangalore.
Whitfield is known as the house of many companies and IT parks. It has more in demand with the working population, hence the flats for sale in Whitefield escalate in a steady state every year. At Whitefield, the rental prices are also increasing at a steady pace with the increase in office space absorption area.
As the place Whitefield is being well connected to the central districts of Bangalore city, its social infrastructure is also increasing tremendously. Whitefield is a blessed area with a proximity to Outer Ring Road, Old Madras Road, Metro Rail connectivity, and railway connectivity as well. Whitefield is the best area for rental yield
Whitefield is an area where a lot of projects are undergoing many constructions by all the classes of builders including the affordable sector. As per many sources, the price of average square feet in Whitfield is around Rs.6,000 with an increase of 33% annually. The area also offers various options with numerous projects. The demand for residential rentals in Bangalore city has been increasing a lot after Covid-19.
Let us know the present rental yield in some popular localities in Bangalore.
Apart from Whitefield, there are some places in Bangalore that have high rental returns.
Top Localities to Earn High Rental Returns In Bangalore:
Similar to Whitefield, there are some residential hubs like Frazer Town, Malleshwaram, Hebbal, Koramangala, and Marathahali have also good demand for rental returns after Covid-19. Vishal firms spoke about the loss and impact of Pandemic on the residential hubs, but in Whitefield of Bangalore, there is no change in the high rental returns.
Moreover, there are many places in Bangalore apart from Whitefield that have huge rental returns, for example, Sarjapur. Sarjapur road starts from 15kms away from Bangalore city through Hosur Road. Also, it stretches from St John’s Hospital which is located in Koramangala to Sarjapur, with a measure of 21 km. It traverses via many topmost residential areas like HSR Layout, Koramangala, Bellandur, and Agara.
The corporate office of Wipro is considered an important landmark with this stretch.
When we visualize Whitefield, the glass shielded tower image comes into our mind. In this article, we are going to discuss the reasons behind investing or buying flats in Whitefield, Bangalore. The electronic city which is located in the southern part of Bangalore city has also high rental returns after Whitefield and Sarjapur road. We have many other places like KR Puram and Bellandur that have high rental returns.
Whitefield has grown tremendously in many ways over the past few years. Most of the townships like Prestige Shantiniketan have given access to the apartments of low-cost residential in close proximity to the organizations/companies. Whitefield is also known as the ‘rental yield calculator India.’
Whitefield in Bangalore boasts many parks related to the IT sector. Whitefield’s business parks host many organizations/companies that hire millions of people as employees. Whitefield is the top place for Bangalore city’s investing sector. Most of the professional’s dream is to live in the place of Whitefield in Bangalore city. It has emerged as the top runner, especially in the resident localities of Bangalore city because of its huge crowd and population.
The population of Whitefield is dynamic and also it has a great effect on the social infrastructure flourishing, especially in Bangalore city. It also has well-renowned educational institutes, luxury hotels, leading hospitals, and expensive shopping malls. It provides connectivity to all the major hubs in Bangalore city and has the most sustainable construction globally
In Whitefield, there are some of India’s well-reputed companies located such as Mu Sigma, Accenture, Capgemini, Aegis, AIG, Schneider Electric, Dell, etc.
Whitefield is a place situated that is near Bangalore Airport. Initially, it was a settled region where Anglo-Indian communities used to live in the time of the 1980s. In 1994, the growth of the tech park in Whitefield started. The software companies in Whitefield include Oracle, SAP Labs, Tata Consultancy Service (TCS), Mindtree, L&T IBM, InfoTech and. At present, Whitefield, Bangalore, is witnessing 4 lakhs+ of professionals commuting daily.
Whitefield – Upmarket suburb in Bangalore city:
Whitefield is a place in Bangalore that is rushing without even time to think about where it has evolved from. In the 20th century, it was an age-old anglo-Indian village. Years later, it has transformed into one of the richest places in Bangalore city.
Whitefield is now considered a home for many MNC companies, the best social infrastructure services, and big brands. Besides, it has become the best residential locality in the city of Bangalore. So, buying or investing in flats in Whitefield is considered the best option for the residents of Bangalore city. Whitefield is the place that has a property with rental income for sale in Bangalore.
Hence, many people show their willingness in investing in residential homes in Whitefield, Bangalore.