In recent times, Whitefield is becoming the most attractive places for home buyers and real estate builders. The employment source in Whitefield has increased the demand and popularity in nearby areas like Hoodi, K R Puram and Kadugodi and also in terms of housing. Prestige Waterford, Whitefield provides all sorts of housing options like lavish, row houses, luxurious villas, independent houses, affordable apartment having gated communities.
Pros of Investing in Prestige Waterford, Whitefield
Whitefield has become a prime location for real estate investment. It has variety of housing options from flats to villas including affordable residential options for middle class. With the good and smooth metro connectivity and the train service from Majestic to Whitefield, the traffic congestion issue of people living in Whitefield would control a lot. Rents in Whitefield are continuously rising as several corporates are opening their offices in the area and many professionals are preferring to own a house here instead of paying rent. Prestige Waterford, Whitefield is midway between Bangalore Airport, North Bangalore and Electronic City (South East Bangalore).
Cons of Investing in Prestige Waterford, Whitefield
Though it is continuously developing area, it still has some shortcomings.
Water being the basic and important necessities might not be available in large quantity in Bangalore. In last few years, this area has observed depleting ground water levels. If no government supply, the only option left with residents is to go for private suppliers. This is the major drawback where people normally depend on water tankers for their water requirements.
Still, having loads of positive factors, Whitefield real estate has a glorious future lying ahead because of strong development and projects lined up in this area of Bangalore. It is best option for home buyers for both living and investment to consider this locality for owing property.