Emerging real estate hotspots in Bangalore for affordable projects | Sulekha Property

The recent trend in real estate market has been showing that low budget house in Bangalore, in the in the outskirts of the city is quite demanding, even though the high to mid-end housing projects are witnessing very fluctuating demands. Developers are taking the advantage of availability of lands at lower prices at the city outskirts and the rapid infrastructural development that has been taking place in these areas to build and offer affordable real estate properties to common citizens in Bengaluru. The physical communication has also been getting quite easy through rail and road which is also behind the soaring demand of affordable projects in these parts.

City hotspots for affordable housing

Several locations in and around Bengaluru have been detected as the major hotspot for affordable housing. Entry of several top-notch MNCs in Bengaluru is also behind the rapid infrastructural progress in the city as also soaring demand for affordable housing in different forms. Availability of lands at lower rates also attracted popular developers to undertake such projects that will be beneficial for all. Following are some hotspot of affordable houses in Bangalore:

·         As Jigani and Bommas and rain dust rial belt are growing in volume with the influx of more companies the locations such as Jigani, Attibele, Anekal and other localities near the south of NICE Road have been flourishing with some of the best housing complexes in Bangalore. People can look for low budget house in Bangalore as the motto of developers is to sell 1 and 2 BHKs at really affordable rates for the working professionals.

·         Electronic city in the south of Bangalore is another rapidly flourishing part of the state of Karnataka. Electronic city in under the panchayat area of Anekal. It is hosting the best IT companies in the world like Wipro, HCL, Infosys, etc. The city is developing in three phases Electronic City I, II, and III in over 332 acres. Several top housing projects keeping in view the ever-growing demand of IT professionals are either ready to occupy or underway in this part of Bangalore.

·         Old Madras Road is located in the East of Bangalore. This is on NH-4 that connects Mumbai and Chennai with Bangalore. Several housing projects in this part of Bangalore could be found here. This locality also has a nicely constructedMetro connectivity, with the main Metro terminal on Old Madras Road. Several land parcels are available in this part of Greater Bangalore and the developers are taking theopportunity of the availability of lands at low rates to develop low-budget housing complexes for professionals in different fields including IT and Heavy Engineering.

·         Yelahanka & Doddaballapur Road is another affordable housing complex hotspot in Bangalore. Yelahanka is actually is a suburban satellite town of Bangalore. The area flourished ever since the Kempengowda International Airport starts functioning. This area is also thriving with several affordable housing projects.

Besides, several low budget housing projects could also be found in Kangeri, Sarjapur Road, Kanakpura Road, and Hasur Road. As the city is getting ever-increasing attention from IT and manufacturing blue chips, the demand for affordable flats and houses will increase simultaneously.