5 Bengaluru Localities That Offer 2BHK Homes At Affordable Prices
The flourishing IT industry in Bengaluru is drawing people from all parts of the country and is driving its real estate market. The mid-housing segment in several micro-markets of the city is mainly influenced by the availability of quality infrastructure and proximity to workplaces. Besides, the prices have remained within limits across all segments in recent months, with a marginal annual appreciation in the range of one to three per cent, according to PropTiger DataLabs report.
PropGuide lists the top five localities in Bengaluru which recorded the highest sales of 2BHK apartments between January 2017 to June 2017.
Livability Score: 7.5
Average Price: Rs 4,533 per sq ft
A bustling IT suburb in east Bengaluru, Varthur is nestled within Whitefield township and is home to renowned IT companies like Cisco Systems, ARM Aricent, Wipro Technologies, etc. The area is well-connected via rail, road and metro services and possesses good public transportation. Famous for the presence of Varthur lake and Sri DharmarayaSwamy temple, Varthur is equipped with good infrastructure encompassing reputed hospitals, schools, colleges, shopping malls, etc.
Prices of 2BHK homes range between Rs 32.9 lakh and Rs 1.2 crore for sizes ranging between 1,028 sq ft and 1,167 sq ft.
Whitefield Hope Farm JunctionLivability Score: 8.3
Average Price: Rs 4,845 per sq ft
Whitefield Hope Farm Junction is the most desired residential locality in Bengaluru as it houses some prestigious corporate and IT parks including the famous International Tech Park. It is well-linked to other parts of the city via Old Madras Road, Outer Ring Road and Marathahalli Flyover. Besides, the proposed second phase of Namma Metro rail service is believed to boost the locality's connectivity. Social amenities are available in plenty viz. educational institutions, private and government hospitals, supermarkets and shopping malls.
Prices of 2BHK homes range between Rs 39 lakh and Rs 1.4 crore for sizes ranging between 1,050 sq ft and 1,410 sq ft.
Electronic City Phase 1Livability Score: 7.8
Average Price: Rs 3,620 per sq ft
Located 18 kilometres from Bangalore central via the Hosur Road, Electronic City Phase 1 is one of the three phases of Electronic City. Sprawling over 332 acres of area, the locality is home to the largest electronic industrial parks and IT hubs. There is availability of excellent public transportation through the BMTC (Metropolitan Transport Corporation) and BIAL (International Airport Ltd) bus services. Schools, colleges, hospitals, pharmacies and shops are available in abundance. The locality is easily accessible from the airport and railway station.
Prices of 2BHK homes range between Rs 32 lakh and Rs 85 lakh for sizes ranging between 1,104 sq ft and 1,226 sq ft.
KR PuramLivability Score: 7.6
Average Price: Rs 4,159 per sq ft
Krishnarajapuram or KR Puram is a serene locality in Bengaluru, with ample green spaces. It is located on National Highway 75 and has a strong road network connecting to other parts of the city. The region is in proximity to the neighbouring IT corridors of Marathahalli and Whitefield. The locality has infrastructural facilities viz. schools, colleges, restaurants, malls, grocery shops, medical centres and bus services. It is an ideal hub for retirees and young families. The Krishnarajapuram railway station, a junction on Bangalore-Chennai main line, is located nearby.
Prices of 2BHK homes range between Rs 37.5 lakh and Rs 70 lakh for sizes ranging between 1,171 sq ft and 1,059 sq ft.
BegurLivability Score: 8
Average Price: Rs 4,569 per sq ft
Situated on the outskirts of Bengaluru, Begur is a well-developed locality and a tourist destination which is witnessing rapid real estate developments. Technology hubs with renowned companies like Infosys, Wipro, BHEL, IBM and Oracle Corporation, are located in the vicinity. The neighbourhood, which is known for its cosmopolitan culture, has ample social amenities including educational institutes, healthcare centres, shopping complexes, supermarkets, etc. It has good rail and road connectivity.
Prices of 2BHK homes range between Rs 32.6 lakh and Rs 1.4 crore for sizes ranging between 973 sq ft and 1,656 sq ft.