Looking For Affordable Homes in Bengaluru? Consider These 5 Options
Connectivity in Bengaluru will improve as the government is spearheading major infrastructure projects such as the expansion of Metro links and development of a suburban network - which got a special mention in the Budget 2018 announcement. So, buying a property in Bengaluru is a decision you would certainly not regret for many years to come. Moreover, if affordability is your priority right now, this coveted IT destination in Karnataka has plenty of options to offer.
MakaaniQ lists some ongoing residential properties in Bengaluru in the affordable segment:
Rays of Dawn, Kumbalgodu
A 60-acre project launched by Provident Housing Limited, Rays of Dawn is situated in the suburban locality of Kumbalgodu on the Mysore Road. Launched in September 2013, the property offers 1,344 units of 2 and 3BHK apartments sized between 883 sqft and 1,082 sqft. Priced between Rs 40.5 lakh and Rs 49.5 lakh, the apartments will be available for possession by November 2018. The suburb is an emerging hub for affordable properties with ample social amenities and bustling industries. The developer has provided all modern amenities inside the gated community along with some attractive payment and rental schemes. Smooth connectivity is ensured to the HAL international airport, nearest railway station and an upcoming Metro station.
Park Cubix, Phase 1, Devanahalli
Salarpuria Sattva Group is the developer of Park Cubix which is an 18 acres property located in the well-developed pocket of Devanahalli in northeast Bengaluru. Launched in September 2017, the Phase 1 will be ready by March 2022. It comprises 810 units of 1, 2 and 3BHK apartments sized between 656 sqft and 1,498 sqft. They are priced between Rs 26.83 lakh and Rs 61.27 lakh. Several IT and business parks are located in the vicinity which makes the place ideal for working professionals. Proximity to the Kempegowda International Airport and ample services of BMTC bus network is a major advantage here. Social infrastructural facilities are present in abundance.
Sunworth, Phase 1, Kumbalgodu
Spread over 59 acres, Sunworth Phase 1 is another affordable housing project by Provident Housing Limited. A total of 1,440 units of 2 and 3BHK apartments are available with sizes varying between 800 sqft and 1,083 sqft. The residences are priced between Rs 36.7 lakh and Rs 49.55 lakh. The project was launched in January 2013 and has been ready for possession since April 2016. A host of luxury amenities have been offered for the residents. Also, many social amenities surround the property. Kumbalgodu is 21.5 kilometres from the city. Reputed educational institutions, the Global Village Tech Park and Bidadi Industrial Area are close by. Also, easy access to Namma Metro Phase I, Electronic City, Bannerghatta Road and Hosur Road enhance the livability factor of this property.
Life Plus, Kanakapura Road Beyond Nice Ring Road
Life Plus is an affordable residential project launched by Godrej Properties in December 2017. It is located on the Kanakapura Road Beyond Nice Ring Road and offers 480 units of 1, 2 and 3BHK residences with sizes varying between 712 sqft and 1,938 sqft. Prices of the apartments range between Rs 32.03 lakh and Rs 87.19 lakh. Lavish amenities are included in the project. The locality is situated towards south Bengaluru and will share seamless connectivity with the upcoming Peripheral Ring Road and Metro links. The area is known for its prominent educational institutions and numerous social infrastructural facilities. Kanakapura Road is well connected to the HAL International Airport, City Junction Railway Station and the proposed Vajarahalli Metro station.
Satellite is an upcoming residential property launched by DS Max Properties in September 2017. It spans an area of 1.19 acres and is nestled in the satellite township of Kengeri. Expected to be completed by September 2020, the project comprises 144 units of 2 and 3BHK apartments sized between 786 sqft and 1,366 sqft. They are priced between Rs 26.34 lakh and Rs 30.27 lakh. Besides lifestyle amenities inside the gated complex, residents can also access a host of social amenities present in the vicinity. Kengeri is on the Mysore Road and has become a desired location for IT professionals working there. There are many industrial developments in this area with a proposed metro connectivity.