Demand for affordable housing

Q: How is the demand for affordable housing in Bangalore?

Aneek Das,

28th May 2013

Real estate News in Bangalore

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bangalore realty

affordable housing in bangalore

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Replies (11)

Hi All, Right now it seems that the demand for affordable housing is not much in demand. The reason behind this is the connectivity, lack of ready to move property and infrastructure.

Gurmeet,

19th February 2015

Comment

The affordable housing has seen a good demand mainly in the outskirts of Bangalore because of the availability of land at a cheaper price points and the swift expansion of the city in all directions have encouraged real estate development even in the outlying areas.

Karthik Deshmukh, Bangalore

18th March 2015

Yeah correct Karthik but initially Mysore Road has not seen much residential development as there are no strong economic drivers for the area. But now due to Global Tech Village and SEZ by Tanglin Development, along the Mysore Road many residential apartments at this location are coming up.

Neeraj Rao,

18th March 2015

The realty market in the city is driven primarily by the end-users. Hence, as expected, a majority of the residential projects launched during the last quarter were in the Affordable category (up to Rs 50 lakh).

Ramesh Reddy, Bangalore

7th January 2015

Comment

I have seen that now a days both buyers and developers are focusing on areas outskirt Bangalore. What is the reason behind that any idea?

Neha Patel, Bangalore

23rd November 2014

Comment

Devanahalli is preferred because it directly faces the National Highway 7, connecting Bengaluru to Hyderabad. The presence of Bangalore International Airport has a huge impact in this locality.

Mysore Road is also known as State Highway 17, connecting Bengaluru directly with Mysore in two hours.The strategic location and connectivity of the area plays a pivotal role in attracting buyers and developers.

Gagan Goswami, Bangalore

24th November 2014

Among 1 BHK projects, Rohan Iksha by Rohan Developers along Sarjapur Outer Ring Road accounted for about 480 units each of sizes 310 and 353 sq. ft. Besides, TGS Capetown by TGS Property along Begur Road accounted for about 230 units each of sizes 600 and 650 sq. ft. Among 2 BHK projects, Rays of Dawn by Provident Housing near Mysore Road accounted for about 400 units of size 883 sq. ft. each. Besides, Emmanuel Heights by Emmanuel Constructions, off Sarjapur Road accounted for about 293 units of size 1115 sq. ft. each. Among 3 BHK projects, again Rays of Dawn by Provident Housing accounted for about 400 units of size 1083 sq. ft. each.

Swati Pachasia, Bangalore

7th January 2015

I am planning to buy an apartment within a budget range of Rs 20 lakhs to Rs 30 lakhs but I am finding it difficult to get an apartment in Bangalore. Please help me with some localities where i can apartment that fits my budget.

Neha Patel, Bangalore

23rd November 2014

Comment

Hi Neha ji, if you are looking to buying an apartment in Bengaluru within a budget of Rs 20-40 lakh, the areas which have witnessed the highest supply in this range are Mysore Road and Devanhalli.

Hemraj Jha, Bangalore

23rd November 2014

Mayfair Anthem, Bhavya Pristine, Suncity Gloria, Vijay Sri Elixir, SBB Touchstone, Splendid Eternity and Sai KSD Serenity are some of the affordable housing in Whitefield.

Rameswari, Bangalore

19th June 2013

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Is there any affordable housing coming up in Whitefield?

Promit C, Bangalore

19th June 2013

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But I have read some where that many reputed builders like Jaypee, Wave Infratech and Tata Housing are coming up with affordable housing in Greater Noida, Ahmedabad, Mumbai and Bangalore.

Mahi garg, Bangalore

29th May 2013

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Yes many builders, including Jaypee, Wave Infratech and Tata Housing have experimented with affordable housing in recent times. May be this is another game plan to lure the home buyers and rise the sale.

Hemraj Jha, Bangalore

29th May 2013

Comment