What Are My Option In The Top Cities, If I Have Rs 30 Lakhs?

Major financial institutions have reduced their lending rates, in order to make home loans cheaper. Incidentally, the top cities of the country have affordable housing options, i.e., units within the price bracket of Rs 10-30 lakhs. We list your options, in case you are looking for a property worth up to Rs 30 lakhs in the top nine cities.

Ahmedabad

In case you are looking for an affordable property in Ahmedabad, you have over 428 projects to choose from. Currently, average property price in Ahmedabad stands at Rs 2,800 per sq ft.

Bengaluru

The information technology capital of India may be popular for high-end housing options but there is no lack of affordable options. Data show that home buyers have the option to pick from over 419 projects, if you have a budget of Rs 10-30 lakhs. Currently, the average property price in Bengaluru stands at Rs 5,100 per sq ft.

Chennai

Over 407 projects await you in the Tamil Nadu capital, with the bracket of Rs 10-30 lakhs. Considering Chennai is among the costliest property markets in southern India at present, this seems a great platter. Currently, average property prices in Chennai stand at Rs 5,100 per sq ft.

Gurugram

Gurugram is another property market that is primarily known for its luxury and uber-luxury properties. However, those with a low budget need not worry. You have over 45 projects to choose from, in the price bracket of Rs 10-30 lakhs. Currently, average property prices in Gurugram stand at Rs 4,950 per sq ft.

Hyderabad

Hyderabad has never disappointed those looking for decent homes in a comparatively low budget. Despite the fact that there has been a remarkable change in the market dynamics, this trend has not changed. You could pick from at least 175 projects in your budget. Currently, average property prices in Hyderabad stand at Rs 4,900 per sq ft. 

Kolkata

A survey by Mercer recently revealed that Kolkata was among the most affordable cities in the world, in terms of cost of living. You can easily find an affordable property in the city. Over 477 housing projects await you, in the city of joy that will suit your budget. Property prices in the West Bengal capital stand at Rs 3,800 per sq ft, currently. 

Noida/Greater Noida

Noida happens to be a hotspot for those looking for affordable property options in the national capital region. Not only is the city replete with brand-new housing options, it also offers options across segments. In the budget that we are talking about here, you can pick from as many as 80 projects in Noida and 186 projects in Greater Noida. Currently, average property prices in Noida stand at Rs 3,850 per sq ft.

Mumbai

Mumbai is among is among the most expensive cities in the world. However, it is also a fact that the maximum city has place for everyone. Here, you have the option to pick from as many as 2,037 projects across Mumbai and its peripheries in Rs 10-30 lakhs budget. Currently, average property prices in Mumbai stand at Rs 9,200 per sq ft.

Pune

When compared to other cities, options available in our current budget in Maharashtra’s cultural capital are much less. Data available with Makaan.com, shows that you can buy from over 1,756 projects that fall in the Rs 10-30 lakhs budget. Currently, average property prices in Pune stand at Rs 4,700 per sq ft.

Note: The numbers are based on the data available with PropTiger.com.