Top Areas In Bengaluru For Buying Homes

With huge unsold inventory, affordable pricing and availability of projects nearing possession, Bengaluru is one of the best real estate markets in India to buy residential property, data available with PropTiger.com shows. Even for homebuyers with modest budgets, Bengaluru offers numerous options below Rs 45 lakhs.

MakaanIQ picks the top localities in Bengaluru, which are best for buying affordable properties.

Whitefield

Average price: Rs 4,662 per sq ft

Whitefield is one of those areas in Bengaluru, which is currently bustling with real estate activity due to ongoing construction work. Some of the reputed developers have their projects in the area, which makes it a prominent choice for homebuyers. Moreover, the area lies close to some of the biggest tech parks in Bengaluru, which makes Whitefield a preferred area for investment, even for those seeking rental income from their properties.

Electronic City Phase 1

Average price: Rs 4,306 per sq ft

Located in extreme south of the city, Electronic City is another IT hub of Bengaluru, which employs migrants, as well as expats. The area is one of the top locations in the city to buy properties, for those seeking assured rental returns. Residents typically are bachelors, young couples or nuclear families from across the state. Moreover, apart from flats, there are a number of plot and villa projects, which makes it more attractive for long-term investors. 

Yelahanka

Average price: Rs 4,943 per sq ft

Yelahanka is located towards the northern part of the city and is divided into two regions, old and new. While Old Yelahanka is now a business hub and largely has commercial properties, New Yelahanka has a number of new apartment projects, offering affordable, mid-income and luxury housing options. Yelahanka is also hailed as one of the self-sufficient townships, as it has all the basic amenities such as international schools, hospitals and shopping complexes in its proximity.

Bellandur

Average price: Rs 6,948 per sq ft

This is a centrally located area and lies close to almost all major economic hubs of Bengaluru. Also infamous for the Bellandur lake, the area is one of the premium residential areas in the city, where the properties are priced in the luxury range. The area is mainly inhabited by young couples and families, with gated societies here offering amenities such as round-the-clock security and all basic facilities.

Rajarajeshwari Nagar

Average price: Rs 5,005 per sq ft

Located in south Bengaluru, the area is home to tech parks and educational institutes. The area is primarily preferred by families with children, due to the presence of several esteemed schools in its proximity. The area has some of the best ready-to-move-in projects by renowned builders, such as Prestige and Sobha. There are a number of villa options in the area too, which makes it comparatively more premium than the rest of the city.