Best Localities in Bengaluru for Buying an House

Apartment complexes are a growing real estate development in Bengaluru. As a hub for IT and education with a growing population, the city has an increasing demand for housing. However, housing in a growing population creates space problems. The need for vertical growth initially led to the rise of apartment projects in the city. The benefits they bring, such as supervised maintenance, socially active neighborhood, safety and lower costs, have made apartments a preferred option for home buyers.

As demand has increased, so will the number of projects. A 2017 report estimates that nearly 1,500 new apartment complexes were added to the city in just two years! And with various public schemes, apartments with affordable housing are also on the rise. Finding an apartment that meets all your needs and budget is a real challenge. It all starts with choosing the right location.

 

Best places in Bangalore to buy an apartment within INR 50 Lakhs

Electronic City, South Bangalore - Home to many IT companies and thousands of job vacancies, Electronic City has become one of the most sought after places. An off-grid IT center until a few years ago for E-City has millions of residents and good connections and facilities for hospitals, schools and leisure, etc. Some Electronic City apartment projects that fall under the 50 Lakh limit are:

• GM Infinite E City Town Phase II, Rs. 43 liters
• Kritan Ira (2BHK), Rs. 47 liters
• Prestige Sunrise Park Norwood (1BHK), Rs. 40 liters

Devanahalli, North Bangalore: Devanahalli is one of the fastest growing cities in the city. As IT organizations and business centers grow, it offers lucrative career opportunities and attracts talent. The city has grown not only commercially, but also residential with many emerging real estate projects. While most are luxury projects, there are also apartments that are within budget and promise a host of amenities. Some affordable apartments within Rs 50 lakh in Devanahalli are:

• Embassy Edge (1-4BHK), Rs. 37 L onward
• Ozone Urban Prime (1.2BHK), Rs. 24 - 41 L
• Krishnaya Northcity (2.3BHK), Rs. 37.5 L and higher

Sarjapur Road: Sarjapur Road connects all of Bangalore's IT centers through the outer ring road. The location offers comfortable and peaceful living conditions and easy transportation. Good medical facilities are available on site at the Apollo clinics. There are good school facilities for children. There are also some entertainment and shopping routes nearby such as Total Mall, Central Mall etc. Some apartments under INR 50 Lakh on Sarjapur Road are:

• Brens Champion Square (1,2,3BHK), Rs. 38 L further
• Signature Classic (2BHK), Rs. 23 - 36 liters
• Sowparnika Flamenco (1,2,3BHK), Rs. 16.5 - 38.8 liters

Budigere, North Bangalore - If you're looking to buy an apartment in Bangalore, Budigere may be the ideal next option. The real estate market has shown a growth of 25% in the past three years. You can easily find many 2BHK options under Rs 50 lakh. A motorway widening project is coming up that will provide a direct link from the city to Kempegowda International Airport. Some apartments that are at Rs. The budget of 50 Lakhs in Budigere is:

• Prestige Ro (1BHK), RS. 42L
• Shriram Greenfields (2BHK), Rs. 45L
• Good Vista Brigade (1,2,3BHK), RS. 32 L and beyond

A good quality apartment with amenities can be much cheaper in an undeveloped or remote location compared to the above. But a good apartment in a bad location can be a bad investment. Given budget and other factors, the listed locations are the ideal choice for home buyers.