5 Best Areas to Invest and Buy Affordable Property in Bangalore

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hardik, July 25, 2019

5 Best Areas to Invest and Buy Affordable Property in Bangalore

Bangalore has always been the go-to place for job seekers and business people alike. The IT-driven city is a favourite spot for real estate investors owing to its robust real-estate mechanism. Bangalore property prices have remained well-insulated despite recent introductions such as the Goods and Services Tax and the demonetisation initiative. Given the resiliency of this ever-expanding commercial hub, Bangalore can be well-suited for every type of homebuyer.

Here are the best areas in Bangalore where you can invest:

Varthur

Varthur enjoys proximity to the IT hub of Whitefield and has emerged as one of the most sought-after real estate destinations in Bangalore. It enjoys easy connectivity to main areas such as Outer Ring Road and Sarjapur Road. With Karnataka RERA in full swing, builders are launching new housing projects for aspiring home buyers. Average capital ‘asks’ in Varthur is Rs. 4,400 per square feet with average rentals for 2BHK ranging between Rs. 14,000 and Rs. 16,000.

Must Check: Properties in Varthur

Sahakara Nagar

Sahakara Nagar is a prime real estate zone in North Bangalore offering premium residential projects to home seekers. It is located near reputed hotels and corporate centres such as Yelahanka, Larsen and Toubro Tech Park, Kempegowda International Airport and other vital areas. This has led to significant growth of residential projects in the area. Most plans are in the ready-to-move stage while some are nearing completion.

Must Check: Properties in Sahakara Nagar

Indiranagar

Indiranagar is considered a posh locality in the heart of Bangalore. It plays host to affluent crowds, restaurants, bars and glamorous retail outlets. It is also one of the busiest commercial areas of the Garden City. It enjoys easy accessibility to major business and IT hubs via the Bommanahalli metro station located nearby. The presence of Hindustan Aeronautics Limited has made Indiranagar a hub for aviation.

Must Check: Properties For Sale in Indiranagar Bangalore

Gottigere

Ever since the announcement of the Red Line Metro connection from Gottigere to Nagawara, Gottigere has risen in popularity. It boasts of lush greenery away from the dust of the city life. It is especially appealing to professionals because of its proximity to the industrial hub of Jigani (12 kilometres) and the Electronic City (13 kilometres). Both the micro-markets are easily accessible via NH 48 within 30 to 40 minutes.

Must Check: Properties For Sale in Gottigere

Koramangala

Koramangala is considered one of the finest residential neighbourhoods in Bangalore. It is home to several upscale residential apartments. Many leading real estate developers have launched new projects in the area because of its smooth connectivity to other parts of the city. It is also seen as a tech hub of a different kind with new age start-ups setting shop here. Prominent names such as Flipkart, Big Basket, Ola Cabs and more have their headquarters in Koramangala. The area also boasts of many excellent schools and colleges making it ideal for family homebuyers.

Must Check: Houses For Sale in Koramangala

Summary

Bangalore, the IT hub of India is fast becoming the preferred destination for professionals and businesses alike. If you are planning to relocate to this city and looking for a budget house for sale in Bangalore, you can consider premium residential projects such as Provident Park Square and Sobha Dream Acres. These luxurious townships offer its residents world-class amenities for a comfortable living.

If you are looking for financial assistance to purchase villas in Bangalore, you can apply for low interest home loan from Bajaj Finserv Homes and Loans. It offers home loans up to Rs. 3.5 crores on easy EMIs.