5 Housing Projects In Bengaluru That Are Worth Your Money
The developers and investors are gaining back their confidence in the Bengaluru real estate market. The market that had been witnessing a setback from past few quarters, emerged as one of the top runners launching over 50 per cent new projects in the fourth quarter of the financial year 2019 year-on-year, data available with PropTiger.com show. The data also show that sales here increased 46 per cent making it a value-for-money market bringing back the investors to the market.
So, if you are planning to invest in Bengaluru, where property prices are also on a rise, here are five handpicked projects you could consider.
RERA ID : PRM/KA/RERA/1251/446/PR/171026/000405
Buena Vista offers over 370 units of 1BHK, 2BHK, 3BHK and 4BHK apartments, measuring between 719-2,440 square foot (sqft) . The project spread in an area of seven acre is being developed by Bengaluru’s renowned developer Brigade Group.
The project is located at Budigere Cross, one of the prominent localities in east Bengaluru with proximity to the IT hubs at Whitefield and KR Puram. There are over 40 ready-to-move-in and 17 under-construction projects in Budigere Cross.
Location: Budigere Cross
Price: Rs 34.8 lakh- Rs 1.21 crore
Possession: June 2020
Sobha Rain Forest at Dream AcresRERA ID: PRM/KA/RERA/1251/446/PR/170915/000193, PRM/KA/RERA/1251/446/PR/170915/000156, PRM/KA/RERA/1251/446/PR/170915/000157, PRM/KA/RERA/1251/446/PR/170915/000221, PRM/KA/RERA/1251/446/PR/170915/000223, PRM/KA/RERA/1251/446/PR/170916/000293
Sobha Rain Forest at Dream Acres is offering over 1,800 apartments in 1BHK and 2BHK configurations with sizes ranging between 645-1,210 sqft. The under-construction project is located at Varthur in east of Bengaluru, well connected to the various parts of the city through the Outer Ring Road.
The project is being developed by one of the most renowned names in the industry Sobha Limited. The developer in over two decades of its operations has worked on a total of 135 projects across 24 cities across the country.
Location: Varthur
Price: Rs 36.5 lakh- 52.6 lakh
Possession: December 2020
Also read: Check Out Localities Offering Highest Returns In Bengaluru
Godrej AirRERA ID: PRM/KA/RERA/1251/446/PR/170819/000006
Godrej Air offers 487 apartments in 1BHK, 2BHK and 3BHK configurations of sizes varying between 473-1,222 sqft. The ready-to-move-in project is spread in an area of six acre and is located at Hoodi, an upcoming residential locality lying in proximity to the key IT hubs in the suburbs such as Whitefield, Brookefield and ITPB.
The project developer Godrej Properties has nearly three decades of experience in the industry, developing over 11.80 million square metre (sqm) of space across 12 cities.
Location: Hoodi
Price: On request
Possession: December 2022
BlueRERA ID: PRM/KA/RERA/1251/446/PR/180728/001966
Blue by Shriram Properties is offering over 470 apartments in 3BHK configuration sizes varying between 1,650-2,150 sqft. The developer of the project Bengaluru-based Shriram Properties has over four decades of experience in the market. It has a total of 55 projects of which 19 are under construction.
The under-construction project is located at one of the prime Bengaluru suburbs KR Puram. The locality lies in proximity to the IT hubs of Whitefield and Marathahalli and residential localities such as Kuvempu Nagar, Dooravani Nagar and Pai Layout.
Location: K R Puram
Price: Rs 98.4 lakh- 1.41 crore
Possession: July 2021
Assetz MarqRERA ID: PRM/KA/RERA/1251/446/PR/171016/000973
Assetz Marq, spread over an area of 4.62 acre, offers over 840 apartments in 2BHK, 3BHK and 4BHK configurations, measuring between 1,222-2,653 sqft. The project has two phases of which Phase-I is ready for possession while Phase-II is under construction. The project is being developed by Singapore-based Assetz Property Group that has nine under-construction projects in India.
The project is located at Kannamangala in the east of the city, in proximity to Hoskote and Budigere. The locality is well-connected to the rest of the city through the Outer Ring Road.
Location: Kannamangala
Price: Rs 58 lakh onwards
Possession: November 2022