Prestige Waterford has become the most important hotspot in the current real estate market

Jan 26
17:39

2021

Anjali Mishra

Anjali Mishra

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Prestige Waterford iconic residential project of Prestige group offering 3 and 4 bhk spacious apartments with ultra-modern features and amenities. Apartments Size varies from 1800-2500 sqft. If you are looking for apartments in Whitefield Bangalore this project will be best choice for you.

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Prestige Waterford the premier residential project launched by Prestige Group well settled at the heart of Bangalore,Prestige Waterford has become the most important hotspot in the current real estate market Articles Whitefield. The project has elevated the standards of the modern living style. It comes with an earnestly designed exemplary floorplan. Sprawls across 16.6 acres of area, the project Waterford offers 3BHKs and 4BHKs residential units with all the upscale features. The project is adorned with an inordinateness of amenities like a sports arena, grand clubhouse, gardens that are guaranteed to leave you surprised.

This magnificent housing development is brilliantly placed on ECC Road in Whitefield, set between 16.6 acres of the leafage with solely 689 homes making it one of the charismatic and exclusive residential property in Bangalore providing a holistic style of living only for a selected few. The seven majestic high-rise towers that go up to the G+23 Floor are designed in classy architecture and overlook beautiful expansive views. The project Waterford offers abundantly spacious and thoughtfully designed homes with a choice of a suite from the different configurations. Adding on to the living style is a fully equipped grand clubhouse with myriad features. The development embodies a thoughtful and sophisticated composition comprised of exceptional usable landscapes and lush leafage.

The availability of a masterly workforce in Bengaluru attracts several e-commerce companies to the city. This creates a positive impact on the commercial realty market here thus encouraging developers to build more to cater to the extra demand for residential property.

Companies like Flipkart contracted around 1.2 million sq.ft. workplace area in Embassy Tech Village. Except for this, Amazon, too, leased around 1.2 million sq.ft. of workplace area. With e-commerce giants entering into the city, housing at reasonable rates in micro-markets like Whitefield comes as no massive surprise. 

Increasing Employment Opportunities

As per a leading analysis firm, it's calculable that the e-commerce sector will create roughly 50,000 jobs in the next coming years. Bengaluru enhanced the most from this e-commerce ecosystem. This is alluring an outsized range of working populations to the city positively impacting the housing sector.

Whitefield's Smooth Connectivity

Whitefield is exceptionally connected to the rest of parts of Bengaluru. Varthur Road (HAL Old Airport Road) and Whitefield Road make traveling easier for the dwellers. The two roads connect with Karnataka State Highway 35 (SH 35). Whitefield Railway Station is smoothly accessible.  Moreover, the residential district is well expedited with bus services and will soon relish the advantages of the Namma Metro Project service. This perfect connectivity creates a positive impact on the housing sector. As a result, the demand for Flats on ECC Road Bangalore and plots in Whitefield witness a rise.

Real Estate in Whitefield

Real estate in Whitefield has been impacted positively by the entrance of distinguished corporates like IBM Global Service, Mphasis, Manhattan Associates India and Molex India Pvt. Ltd.  This has inspired developers like Goyal & Co Hariyana Group, PR Builders Group, Green Manshion Group and others to come up with flats in Whitefield fulfilling the rising demand for residential projects. At present, there are around 496 projects in Whitefield, out of which, 94 are under construction, 362 are ready to move in and 30 are launching soon.