A 2 BHK apartment is the most popular real estate investment configuration in Bangalore at the moment and especially in Whitefield (East Bangalore). Working population in the area finds it easier to settle down in own house than paying hefty rents in this massively growing rental belt. There are variety of 2 BHK apartment/flat options in the locality ranging from Rs 40 lakhs to 80 lakhs.
East Bangalore is also in proximity from Bangalore Airport (in North Bangalore) and Electronic City (South East Bangalore) - emerging as a major residential and commercial establishment for Bangalore. This makes commuting from Whitefield to these other important locations in Bangalore easy.
Since 2 BHK is a smaller size of investment compared to a 3 BHK, it brings in increased affordability, RoI upside in potentially quicker time and easy asset disposability for home buyers. Whitefield with its proximity to large tech parks such as International Tech Park (ITPL), Brigade Tech Park, GR Tech Park, H M Tech Park and more makes office commute hassle free for people working at these parks. It also brings in higher rental yield for investments being made in this belt.
In addition to proximity from offices, Whitefield has great entertainment and recreational options with Inorbit Mall, Phoneix Mall and Forum Value Mall in close proximity. There are reputed hospitals such as Columbia Asia Hospital and Sathya Sai Baba Hospital in Whitefield which makes healthcare facilities easily accessible in the locality. The proposed Phase II of Bangalore Metro Line will connect Whitefield to Kengeri in the west and will measure 43 km. This is an addon to an already strategically important IT hub.
Investment in a 2 BHK in Whitefield can be a financially rewarding move with an incremental annual yield. The list below shows some of the 2 BHK property recommendations in Whitefield in the range of Rs 40 lakhs to 80 lakhs with other buying preferences such as location, bedroom, bathroom, balcony taken into consideration. As a buyer you can factor in other preferences such as size of house, possession, set of amenities and many more to enrich recommendation results. Current average rate/sqft for buying in Whitefield is Rs 5500/sqft.