Bangalore is currently a very preferred destination not only for global IT firms, but also for a number of home buyers. Pleasant weather, global trends in lifestyle and improved communications infrastructure have made the city a paradise for new homeowners, distracting from the new demand for real estate. The city feeds many builders and developers who come up with new projects. Projects such as Golden Gate, Purvankara, Shriram Properties, Sunscape, etc. are just some of them. When you are thinking of buying a residential property in Bangalore, the choice varies from a simple one-room house to independent villas. But choosing a place can be quite a cumbersome task, since you need to choose a property that matches your needs and your pocket.
The price of the object depends on the type of object and location. You will need a large pocket if you look at central areas that are well connected and located in the very center of the city. Or, if you're satisfied with being in a part of the city, you don't need to worry about spending. The most popular places, such as Brigade Road, MG Road and Cunningham Street, etc., are mostly known for their commercial significance and this is a huge task to find a home in these areas. In addition, there are also some residential areas that may not be as comfortable for pocket as you want your desired terrain to be. For example, Sadashiv Nagar, Whitefield (Villas), Off Cunningham Road, Off Palace Road, etc., which are known to be the abode of the rich. The following is a list of stylish, well-planned residential areas that are well connected, and yet the average budget places:
Indira Nagar - Located a few kilometers from the Dolloor Airport, the area is well connected to the rest of the city. It boasts several renovated hospitals and educational institutions. In addition to the neighboring pubs, bars, restaurants, gyms, etc. There are a number of shopping options. The area can be classified as a medium budget area.
Karamangala - Reorganized firms and business houses, restructured educational institutions, St. John's Hospital and a number of shopping centers and malls, this area is certainly a very good option for recreation. Crossed on many roads and near Indira Nagar, this area does not seem to be facing any connectivity issues.
Banshankari - The average budget area is about 15 km from the railway station and 25 km from the airport, the main connecting road is the 100-foot ring road. A number of new projects are under development in the area.
Jayanagar “Next to Banshanari, Jayanagar is a well-developed residential area with a cosmopolitan setting.” In this area there are several shopping complexes, educational institutions and some of the most famous food joints, for example, Mogol Darbar, Taj Darbar, Blue Lagoon, etc.
Malleshwaram - This is one of the greenest places in Garden City. The place is naturally beautiful with lush greenery around.
Marthahalli - Close to Whitefield and Sarjapur, the area is well connected and offers many new projects to choose from. This is again the medium budget environment.
BTM platform - Located in southern Bangalore, in the area is MIM. This is a well-planned residential colony with a developed road system and a separate market.
Madiwala - The area for low-income home seekers, Madiwala is one of the most crowded areas of Bangalore. Although the interiors of the area are not comparable to others, it is close to the areas of the BTM, Coramangla and HSR.
HSR layout - The area is well connected to Whitefield, Martahalli and the Electronic City, where most of the offices are located. Well connected to the city and the best infrastructure makes it expensive. You can find any number of medium sized houses in this area.
K.R. Buram - Krishna Raja Buram or KR Buram is well connected to the city. You can find hundreds of apartments in this area, depending on your needs and budget.
Let's look at the average prices / rentals in the above places:
Area - Property Type - Average price per sq. M. (INR) - Average Sqft Rent (INR)
KR Puram - Apartments - 1796 - 10 - Land - 1151
Marathahalli - Apartment - 2617 - 12 - Building plots - 2863
Madiwala - Apartment - 2785 - 12 - Plots -
Planning BTM - Apartment - 3174 - 12 - Plots - 5110
HSR Layout - Apartment - 3351 - 12 - Plots - 4402
Banashankari - Apartment - 4232 - 9 - Plots - 3693
Koramangala - Flat - 4614 - 18 - Land - 6570
Jayanagar - Apartment - 4974 - 15 - Plots - 10167
Malleshwaram - Apartment - 5223 - 16 - Plot - 8312
Indira Nagar - Apartment - 4736 - 16 - Land - 8935
