Top 5 Affordable areas to Buy Residential Property in Bangalore

Top 5 Affordable areas to Buy Residential Property in Bangalore

By siliconindia   |   Thursday, October 16, 2014

Bangalore : Finding a Residential Property in a best locality at affordable price is a cumbersome task as the city is ideal destination with more than 30 best localities where individuals and families can explore for tranquil living with pleasant weather and connectivity. The real estate market has undergone a lot of changes over the decade. Bangalore city has a lot of choices to find a right place ranging from studio apartment to independent villa. The positive part of searching a house in Bangalore is that there is a little for every funding from maximum to minimum.

A dedicated team of SiliconIndia had done research on property prices by comparing the capital values of 30 best localities in Bangalore.  As per the study on historical data of real estate property prices and areas which evaluated the price in per sq ft. where the study found out that the best top 5 affordable localities in Bangalore to buy a home.

Here are the five affordable localities in Bangalore with all facilities.

Chandapura: Chandapura is a residential suburb in South Bangalore. The locality offers plenty of options to home buyers at affordable prices.  Chandapura is positioned 8 km away from Electronic city – a largest IT Hub; Chandapura can be arrived at 6.3 kms drive from Electronic city on National Highway 7 – Hosur Road towards Hosur. Now a day, the area is witnessing an array of residential projects at affordable prices. The area offers residential and commercial properties at reasonable prices.

In Chandapura the majority of demand is fueled by people working in Industrial zones like Jigani, Anekal, Attibele, Hosur and Bommasandra. Many reputed developers launching their projects and offering independent villas and multistory apartments with modern lifestyle and attracting NRI’s to opt a second home in silicon city. The locality attracts many individuals working in manufacturing services by owning good Physical and social infrastructure such as schools, hospitals, entertainment and banks and it provides easy accessibility to prime locations through public transport. As per the property Index Bangalore, the residential property values ranges from rs 2600 to rs3400 per sq ft.

Location advantage:

  1. 11 minutes drive from Electronic city through NH-7 and 13 min via Anekal road
  2. Close to National Highway 7
  3. Surrounded by well developed residential layouts
  4. Few km away from Airport, metro station, Railway station and Bus stand.

Schools and Colleges:

 Swami Vivekananda Primary, Higher and Degree College, IFIM Business School, Institute of Health Managemnt Research,  PES School of Engineering, Candor International School, Sorsfort International School and many.

Hospitals:

Narayana Hrydayalaya, Chakra Hospital, Srinidhi Hospital

see more : Newly Launched Real Estate Project in Bangalore

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