Why is Whitefield So Costly?

Whitefield is known as one of Bangalore's most premium and expensive areas, and its property values are on a steep climb. Situated in the east zone of Bangalore. While older reports showed the average property rate at around ₹10,800 per sq. ft., the latest data from late 2025 shows this figure has climbed to roughly ₹12,180 per sq. ft. This significant price increase is a direct result of key factors that have made the area a top choice for living and investing.

Key Reasons Behind Whitefield's High Property Value

The high demand from residents and investors is a result of a strong mix of features that make Whitefield a standout location in Bangalore.

• The Heart of the IT Industry: Whitefield is the original tech hub of Bangalore. It is home to pioneering IT parks like the International Tech Park Bangalore (ITPL) and the EPIP Zone, which host over 400 companies and thousands of jobs. This huge number of professionals creates a constant and high demand for housing.
• Excellent Connectivity & Infrastructure: The area has great road networks that connect it to other parts of the city. The Namma Metro's Purple Line is already making travel easier, and the upcoming Blue Line will further boost connectivity. These projects make daily commutes much simpler and increase the value of properties nearby.
• A Modern Lifestyle with Top Amenities: Whitefield offers a premium urban lifestyle with everything you need. It has world-class hospitals, renowned international schools, and large, popular malls like Phoenix Marketcity and VR Bengaluru. These top-notch facilities attract people and families looking for comfort and convenience.
• A Strong and High-Yield Rental Market: For investors, Whitefield has one of the best rental markets in the city. While older data suggested a general "high rental yield," today's figures are more precise, with the area consistently offering a healthy 4.4% rental yield. A 2BHK apartment can get a monthly rent of ₹25,000 to over ₹40,000, providing solid income for owners.
• Rapidly Growing Property Value: Property appreciation in the area is far more impressive than the typical 5-7% annual growth seen in previous years. Recent reports show a 26% increase in 2025 alone, making it a great choice for long-term investment.

About Prestige Evergreen

Prestige Raintree Park is a perfect example of the premium projects that contribute to Whitefield's high property value. The second phase of this well-known project, codenamed Prestige Evergreen, is set to launch officially in October 2025. This pre-launch phase gives investors and homebuyers a chance to make early purchases at competitive prices.

• Project Details: The project is part of a 125-acre township and is spread across 28 acres, featuring around 2,000 units.
• Property Options: It will offer spacious 1, 2, 3, 4 & 5 BHK apartments. The prices start from ₹1 Crore onwards.
• Official Status: The Phase 1 of the project is officially registered with the RERA number RM/KA/RERA/1251/446/PR/270824/006981, confirming its regulatory approval and ensuring a safe and reliable investment. Phase 2 has applied for RERA.