Looking for an apartment within Rs 40 lakhs in Bangalore
Q: It is really very difficult to get an affordable housing in Bangalore. I have a budget of Rs 40 lakhs it is possible to get an apartment in this budget range.
The pride of south-east Bangalore, Sarjapur Road is tagged as one of the fastest developing neighborhoods of the city. It is a major hit among the working population since it offers easy connectivity to major IT clusters such as Whitefield, Marathahalli and Electronic City. There is a well researched article written on this locality. Click here to read the report Sarjapur Road Analysis: A CommonFloor Report
You can go for projects like MJ Lifestyle Amadeus, Celebrity Square, S2 Avantikaa Lifestyle, Mana Karmel, Aaiera Pelican and TR Greens. These projects will fit your budget and are from reputed builders.
Mohajit, for investment i prefer land "sarjapur Baglaur road... IF you too are interested, we can together aproach builders there and get better discount.. We are group of 4 IT professionals till now..
Actually you are absolutely right finding an affordable housing is really difficult. But you can check out localities like Sarjapur Road, Hosur Road, Mysore Road and Hoskote are areas with fresh stock of affordable residential housing.
Prices for projects in Sarjapur Road range between Rs 3,000-4,000 per sq ft. Hosur Road offers housing options priced at Rs 1,500-2,000 per sq ft, Mysore Road at over Rs 2,000 per sq ft and in Hoskote the prices are within Rs 2,000-3,000 per sq ft.