Whitefield has grown from a little village to one of Bangalore's most sought-after neighborhoods. It is now a rich investment prospect. It has promoted the development of housing projects as one of Asia's leading tech clusters. It has progressed to become a sought-after real estate location.
Let's look at some of the prime reasons to invest in Jakkur.
The IT boom has changed the face of the neighborhood. As a result, it now has a slew of high-end villa developments, high-rise apartments, and gated community plots that are in high demand.
Apartments in Jakkur have been the talk of the town for their proximity to IT hubs and other places.
Jakkur is currently home to huge multinational corporations and e-commerce behemoths. It serves as a hub for IT companies and a number of startups. It has developed into a technology hub. This results in a wide range of jobs in the area.
The International Tech Park, or ITPL, has had a positive impact on residential construction. ITPL is one of Bengaluru's oldest technology parks. L&T Infotech, Xerox, Vodafone, SAP, and other companies call it home. Jakkur has attracted a number of well-known companies, including Oracle, IBM, and IGATE. As a result, this region is worth investing in.
The fact that most multinational corporations (MNCs) operate in Bengaluru's east districts, such as Whitefield, demonstrates the scope of the job. The increasing demand for office space in Whitefield is primarily due to an increase in employment. Also, there are housing projects.
Apartments in Jakkur have been in the talk of the town for offering job opportunities as well.
The neighborhood has become popular among the working group due to the presence of many IT enterprises.
Since the IT boom, Jakkur has come a long way. Jakkur top hiring firms are ANSYS, Oracle, Uber, and others. A large number of people have been drawn to the city as a result of this. This has had a favorable impact on the housing market.
Location and Neighborhood:
In comparison to other regions of the city, this place is less busy. As a result, Whitefield has become a desirable place to live. Furthermore, Whitefield has a large number of flats and villas for sale. The pricing range is equally extensive.
The apartments in Jakkur have been the talk of the town for offering proximity to nearby places as well.
It includes a large selection of for-sale flats, business properties, and luxury villas. You can buy low-cost or high-end villas. You might also choose commercial units in a desirable location. Many RERA-approved options are available from reputable developers.
The region's proximity is another indicator of a promising investment opportunity. Road, train, and air links connect Jakkur to the rest of the world. The Jakkur major road connects it to the rest of Bengaluru.
It's also connected to the HAL old airport road and the Varthur road. The closest railway stations are Whitefield and Hoodi. SH 104 connects it to Kempegowda International Airport as well.
The current metro extension from Baiyappanahalli to Whitefield will improve the connection even more. The daily commute has also been made easier. Buses run between Whitefield and the surrounding areas.
Jakkur provides excellent value for money. The steady growth in land values in Bangalore is well-known.
The value of property in Whitefield has not yet reached that of houses in Jaynagar and Indiranagar's central sections. The average price per square foot in Whitefield is Rs 4,976. The average price per square foot in Jayanagar and Indiranagar is over Rs. 15,000 per square foot. This is a significant difference. This has the potential to pay off in the long run.
All home purchasers are drawn to Jakkur because of its excellent collection of residences. As a residential hub, the area is expanding. High appreciation rates have resulted from the extension of the metro and other infrastructure developments.