Top 10 affordable localities for real estate in Bengaluru

Bengaluru offers abundant options in terms of affordable housing. One may be sure to find several properties at an affordable price in several parts of the city. Here’s presenting the top 10 affordable localities in Bengaluru for prospective property buyers.

Electronic City real estate

Electronic City has grown to be an attractive investment proposition. Property

rates in Electronic City is as low as INR 3,132 per sq. ft. The main transportation

links include Silk Board Junction and the long expressway which is one of the

longest elevated National Highways in the country. Basic amenities like

pharmacies, medical shops and restaurants. Hare Ram Hare Krishna mall is one of

the main malls in Electronic City.

The transportation facility in the area has seen commendable improvement over the

last couple of years. BMTC buses to all parts of the city and BIAL to the

Bengaluru International Airport ply through Electronic City. Metro project Phase-

II between R.V.Road and Bommasandra will be via Electronic City. Several

residential projects have been developed by reputed builders. Proximity to several

industries, companies, corporate, bank, multi-specialty clinics, departmental stores,

restaurants and fast food outlets make the area more attractive.

Devarachikkanahalli real estate

Devarachikkanahalli is emerging as a prominent area for real estate market. This

village connects Bannerghatta Road with Begur and is well connected by

the Bangalore Metropolitan Transport Corporation. IIM is located at a close

proximity to the area. Devarachikkanahalli is attracting property buyers because of

its affordable property rates of INR 3,385 per sq. ft.

Akshayanagar real estate

Situated near to Bannerghatta Road and the electronic city, the area provides with

the basic amenities such as hospitals and shopping malls. The prices of flats are

INR 3,608 per sq. ft. The affordable flats in Akshayanagar are available in 2 and

3 BHK facilities. Some of the well-known schools in Akshayanagar include

Oxford English School and Acts Secondary School. Sampath Mall is one of the

leading malls in Akshayanagar. Sagar Health Seva is a renowned hospital that

caters to the medical facilities to the residents of the area.

Begur real estate –

Begur is located on the outskirts of Bengaluru, is increasingly getting absorbed into

the fabric of the city, with apartments and villas being built to give people their

lovely, green homes. It has recently caught the attention of real estate developers.

It is evolving with the times, and is becoming very popular for people in search of

property in a peaceful locale. Properties for sale in Begur are preferred by people

who are looking for homes at a reasonable price as the rate of property is only INR

3,648 per sq. ft.

Located on the NH-7 highway, Begur is extremely well linked to other parts of the

city. The Karmelaram Railway Station is located in the village itself and Bangalore

city station is only 15 km away. Heelalige and Bellandur Railway Station are

located 12 km from Begur. Moreover, residential projects by prominent developers

such as DLF, SNN Group and Artha Group have pushed up the real estate value of

the locality.

Gottigere real estate –

Gottigere is a residential locality set alongside NICE Road. As a result, the

residents enjoy excellent connectivity. Schools in Gottigere include Ryan

International School. Apollo Hospital is one of the leading hospitals in Gottigere.

Nearby shopping malls in Gottigere include Royal Meenakshi Mall. With the rate

of flats being INR 3,668 per sq. ft, this area is an ideal location to reside.

Kudlu real estate –

Kundlu is one of Bengaluru’s fastest growing localities and has become a hotspot

for property investors owing to its excellent location, which provides easy

connectivity to the important business centres in Bengaluru. Multiple real estate

developers have come up with apartment in Kudlu because of its proximity to

office areas and educational institutions. There are many well-known builders in

Kundla including Mantri, Prestige, K Raheja, Puravankara, Sekhar and Brigade to

name a few who are developing some popular projects such as Purva Westend and

DS Max Sambaram in the area. Property rates in Kudlu are only INR 3,719 per

sq. ft.

Leading schools in Kudlu include Sri Chaitanya Techno School and Macaulay

English School. Some of the reputed hospitals in the area include the Sri Jayadeva

Institute of Cardiac Sciences and Live 100 Hospital. Popular malls in

Kudlu include Market Square Mall and Forum Mall.

Basapura real estate –

With average property prices of INR 3,724 per sq. ft, Basapura is another option

that one may consider. This locality is a fast growing realty hub which is home to

several reputed educational institutions like GVS English School, Sujana Convent

and many others.

The establishment of Electronic City is situated at a distance of less than 5 Km and

has contributed significantly to the overall growth of Basapura. The construction of

Bangalore Elevated Expressway is another major factor that contributed to

Basapura’s growth. This 9.9km highway was seen to be a major growth factor,

drastically reducing the traffic levels, especially from Electronic City to Silk Board

Junction.

Annapurneshwari Nagar real estate –

The affordable flats in Annapurneshwari Nagar are priced around INR 3,739

per sq. ft. The area benefits from proximity to the railway and metro stations. It has

several educational institutions and a leading hospital called Punasru Hospital

which caters to the medical needs of the residents.

Kadugodi real estate –

Lying in proximity to the IT hub of Whitefield in the north-eastern part of

Bengaluru, Kadugodi comes equipped with large land parcels, good connectivity

infrastructure, and reasonable property prices. With average prices standing at

around INR 3,745 per sq. ft, Kadugodi is a favorite for many investors. Armed

with social infrastructure such as Mount Litera Zee School, New Life Hospital,

Bhagwan Sri Sai Nursing Home, Kadugodi has been transformed into one of the

preferred destinations to settle down in the city. Kadugodi has also reaped the

benefits of being close to the IT hubs of Whitefield and the KIADB export

promotion industrial area. Namma Metro will prove to be another factor for growth

in the future for Kadugodi.

Margondanahalli real estate –

The property rates in Margondanahalli are around INR 3,779 per sq. ft which is

the primary reason why the area has become one of the favorite destinations for

many investors.

These are the top 10 affordable housing destinations in Bengaluru that one should

definitely consider on account of their future growth potential, low property prices

at present, excellent connectivity and rapidly developing social infrastructure.

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