Bengaluru is witnessing an unprecedented boom in the residential realty sector, if the latest figures are anything to go by. Research shows that an impressive 16,000 residential units were sold in the city in the third quarter of 2023, which is the highest it has ever recorded. And yes, there’s a marked preference for trusted and reputed developers like Provident Housing. Among the key submarkets in the city is Whitefield, a buzzing locality in its eastern outskirts.
The area’s marked development and excellent social infrastructure attract many home buyers. Whitefield boasts numerous prestigious residential townships. Are you, too, looking for a home here that’s perfect in every regard? If yes, your answer is Provident Capella. Yet another unique offering from Provident Housing, the main highlight of these apartments in Whitefield is that they have been conceptualised with the most precious treasures of your life – your children – as the focal point.
Real Estate: A Lucrative Investment Option
A market survey shows that in 2023, the value of India’s home sales reached an all-time high of Rs. 3.47 lakh crore. Notably, Bengaluru has become the most popular destination for real estate investment among NRIs. Given its growth potential, there are many reasons for you to invest in a home in the city.
In any case, property is one of the best investment options due to many reasons. The main and the most obvious reason is how it secures your future. With land becoming a scarce commodity in most of our cities, your property is bound to appreciate considerably. It can generate a regular income if you give it on rent. You can avail of multiple tax benefits and also diversify your investment portfolio. If you are thinking of investing in a property in Bengaluru, Whitefield is, of course, one of the best localities. While there are many townships in the area, here’s why Provident Capella is truly unique.
Acing Connectivity & Social Infrastructure
Located close to Hope Farm Junction on Soukya Road, this stunning township has studio apartments and 1, 2, and 2.5-BHK homes. It is an excellent choice for every member of the family since the locality is well-connected and also has top-notch social infrastructure.
Whitefield enjoys excellent connectivity with the rest of the city. It is Bengaluru’s first tech corridor to enjoy Namma Metro connectivity. A new Metro station is all set to come up at Hope Farm Junction, just 6 km from Provident Capella. The township enjoys proximity to two railway stations – Devanagudi and KR Puram – which are at a distance of 3 and 17 km, respectively. The Satellite Town Ring Road is extremely close by, and the Kempegowda International Airport is 39 km away.
It excels in terms of social infrastructure as well. There are many job hubs near the township, such as International Tech Park (8 km). In all, Whitefield is home to more than 350 IT companies, which makes it an IT professional’s paradise. In terms of hospitals, two of the most renowned hospitals in not just Bengaluru but South India – Sri Sathya Sai General Hospital and Manipal Hospital – are both just 9 km from Provident Capella. There are many reputed schools and colleges, too, in the locality. As far as entertainment is concerned, there are at least four malls within a 15-km radius of the township. There are also many spas and gaming centres in the area for your ultimate rejuvenation and recreation.
Unique Child-Centric Amenities
Provident Capella stands out with its unique child-centric concept. The township boasts over 25 lifestyle amenities that aim for the holistic development of your child. For example, there is a Jamming Room where they can indulge in their musical interests. There’s also a Culture Club where your child can gain exposure to multiple art and cultural forms from across the country.
It’s not just about artistic growth; your bundle of joy can explore and develop their interest in sports as well. Be it Basketball, Volleyball, or Tennis, there are multiple sports courts here. Then comes the Adventure Bowl – a safe space where children can enjoy the exhilarating experience of riding BMX cycles and skateboards, which can be borrowed from an in-house Sports library. There are also Special Locker Spaces where your child can store their playthings and gadgets.
Why Invest In Whitefield?
We have already told you about Bengaluru registering record sales in the third quarter of 2023. Did you know that 39 per cent of these happened in Whitefield? The locality also accounted for 56 per cent of property launches that took place in the city. Home to over 350 IT companies, Whitefield is an ideal option for investors, as property rates here have risen by 13.96 per cent over the past year.
While location is important, choosing the right developer is even more crucial. Always opt for a name that is synonymous with trust and transparency. For example, Provident Housing, one of the most respected developers in South India, has projects in nine cities across India. Their family of over 50,000 happy clients will vouch for the transparent and timely manner in which they have delivered projects amounting to a whopping 20 million square feet (7.2 million square feet of ongoing projects).
An Enviable Address
Built on six acres of land in one of Bengaluru’s best residential localities, Provident Capella is an address like no other. Given the fast-paced development of the area, it’s also an investment with a lot of potential for excellent returns. Want a home where you can turn every day into a joyful adventure for your children? Book one of these flats in Whitefield right away!
Visit our website to know more about Provident Capella.
