Being stuck in a dilemma between two choices is fine but my friend but you don't have to stay in that place instead try to find your way out of that situation. You will be able to find what sails your ship as soon as you gather profound knowledge about what you are looking for.
Both Electronic City and Whitefield have their own set of pros and cons. At the end of the day, you can make a final choice that will depend on multiple factors like demographics, individual aspirations and requirements. A large majority of the IT professionals are seen working either in Electronic City or in Whitefield.
Make your decision Whitefield or Electronic City?
It seems like a difficult decision right. Don’t take stress we will provide you a sense of clarity on the subject of Whitefield or Electronic City. Following are the points that will help you to reach a better decision.
1) Rental and Capital Values
Electronic City is known as one of the most potential areas to buy a place due to its rental values. It has a well-developed social infrastructure, and robust connectivity. As per the reports, the value of Electronic City has increased by nearly 7% over the last couple of years. At the moment, the value of properties in Electronic City stands high at 4,600 per sq.ft.
On the other hand, when we talk about Whitefield, the value is 5, 700 sq. right now and it saw a major jump from the last year. It leaped by almost 6%. That is pretty great, isn’t it? Electronic City and Whitefield are both equally considered good by a different bunch of people. Both of them have a high scope of potential in the future.
Connectivity plays such a crucial role when an individual thinks about purchasing a house. Whitefield is connected to some of the major parts of the country. For example let’s say if someone is looking for a place in Bangalore then he/she can go for Whitefield as it has a link with some known places such as Marathalli, Varthur, Mahadevpura, etc.
Don’t we all search for places that have a good level of connectivity. It might not seem like a big point to you at the start but remember it’s a very essential part. How amazing would it be to have a place that is 15 minutes from the airport?
When we ponder over Electronic City, you will also be able to find places that have good connectivity in this scenario as well. Having good connectivity in your area or locality is like a blessing in disguise. It is very obvious that if a real estate property has a metro nearby, then it would be a preferred option by the side of the buyer. The seller must consider the connectivity while buying a house. Things like these can impact the value of the property in the long run. It will come out as beneficial only.
3) Social Infrastructure
The infrastructure can make all the difference between a client finalizing a house and rejecting a real estate property. You cannot ignore the infrastructure of a house if you are planning to buy it. You will spend most of your time in your house so make sure that the place you are thinking about buying feels like home to you.
Let’s ponder over Electronic City, it consists of a social infrastructure that is apt for families as it has the top hospitals, shopping malls, and restaurants nearby. And now the question that arises is are you a bachelor looking for a house or a person with a big family that can ultimately be the deal maker or deal-breaker. A family person will pay full heed to all the details from social infrastructure to connectivity to rental services.
For example, if you are a person who has a big family that also has a few children then you will be surely looking for a place that has a school close to the house. It will be of utmost importance to you then. Priorities your needs, then take decisions accordingly.
Whereas when we put our attention towards the Whitefield, it generally has a population that is aged between 20 and 30 years, this is the reason why it is considered as a spot mainly for the younger generation. The young peeps out there want to chill out in life along with work. They try to maintain a perfect balance between work life and personal life. Youngsters might like to hang out at clubs or lounges to take some time off from their busy schedules.
If there are a good number of pubs, clubs and breweries in the neighborhood, then that makes it an ideal choice for the youngsters. Some top malls like Inorbit Mall, The Forum, and Phoenix Market City come under the section of Whitefield. Entertainment plays an important role in our lives, we all look for that time of the day when we can sit in silence and relax and take a deep breath and seek peace in the chaos of our daily lives that are full of hustle and bustle.
Property price Trends in Electronic City Vs. Whitefield
|Average price to buy a property
|Average price to rent a property
Whether to go for Electronic City or Whitefield depends on the needs of an individual, so the outcome can vary from person to person. Before taking your final decision make it a point to know every little thing about the real estate property.
Having deep knowledge about the world of the real estate sector is an additional plus point. Buying a house is a huge deal so ensure that your decision benefits you in the long run.
You can easily buy a house in Electronic City if a particular area or locality meets all your needs and demands and if not then you can see another options available in the market. As they say, there is plenty of fish in the sea you have just got to find the right one.