Bangalore, a city bustling with real estate opportunities, leaves many wondering where they can find affordable housing options. With growing demand for real estate, there are choices for every budget across the city. Here, we'll explore some of the cheapest areas to buy a house in Bangalore.
- Banashankari
Banashankari stands out as an affordable and vibrant locality with excellent transport options. It boasts essential amenities like parks, stores, schools, colleges, and hospitals, making it an attractive choice for budget-conscious buyers. Some affordable housing options in this area include Prestige Primrose Hills and Brigade 7 Gardens.
- Chandapura
Chandapura, located near Electronic City, offers accessible living with rents starting at ₹8,200 to ₹9,200 for 1 BHK houses. This area features a strong social infrastructure and various facilities within easy reach. Housing units like Celebrity Square, Swiss Green View, and Signature Splendor offer budget-friendly options.
- Devanahalli
Devanahalli, in the north of Bangalore, is a rapidly growing area close to the International Airport. It hosts IT hubs like Devanahalli Business Park and offers rental homes starting from ₹9,000 to ₹20,000. Notable affordable housing projects in Devanahalli include Prestige Park Drive, Brigade Oasis, and Godrej Royale Woods.
- Electronic City
Electronic City, located in the southern part of the city, offers affordable housing and a lower cost of living. It houses major IT companies, educational institutions, and social infrastructure. The area features different phases and developing regions like HSR Layout.
- Horamavu
Horamavu, near the Outer Ring Road, is well-connected to Kalyan Nagar and Hennur Gardens. It hosts reputable Tech Parks and offers a wide range of rental options from ₹5,500 to ₹40,000. Budget-friendly housing units like Mitraa MyGate and RR White Lotus are available here.
- Kengeri
Kengeri, a satellite town in West Bangalore, boasts ample affordable housing options. It has excellent connectivity, abundant space, and robust social infrastructure. It has gained attention from real estate developers in recent years, with projects like Mahaveer Highlands, VBHC Haven of Joy, and Sattva Ashraya.
- Yelahanka
Yelahanka, known for its manufacturing companies and factories, experienced a surge in demand after the airport setup. It offers a serene environment and affordable housing projects, with good connectivity through National Highway 7 and State Highway 9.
- Kanakapura Road
Kanakapura Road is gaining popularity due to upcoming metro stations and infrastructural developments. Its proximity to major city spots like JP Nagar and Jayanagar makes it an ideal real estate investment zone.
- Sarjapur Road
Sarjapur Road, connecting the outer ring road to Electronics City and HSR Layout, serves as a growing business center. With numerous IT firms, this area provides job opportunities and affordable housing options due to increased connectivity and social infrastructure.
In conclusion, Bangalore offers several budget-friendly housing options across various areas, catering to the diverse needs of homebuyers and investors.
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