Good options would be 1. Smondo 3 - Patel Neotown - 120 acres - Electronic City - ready to move - 2.5 bhk - 1060 sq.ft - 48 L plus reg 2. DLF Maiden Heights Rajapura - Near New Biocon - ready in 4 motnhs - 2bhk 923 sft 42 L plus reg.
3. Skylark Itacha - Whitefield - completion 2 yrs - 2bhk - 1059 sft - 53 L plus reg.
4. Prestige Tranquility - Old Madras road - ready in 6 motnhs - 2bhk 1087 sft - 3850/- base cost - 52 L plus reg.
5. VBHC Serene Town - 2bhk 969 sft - completion by next year end - 51 Lac plus reg.
6. Kolte Patil Raaga - Hennur - North Bangalore - competion next year end - 2bhk - 1020 sft - 50 Lac.
Nine Eight Eight Six Seven Four Seven Four Zero Three for more
If he is planning for investment purpose in this budget he can look for localities like KR Puram and Kanakpura Road. These two areas has tops the list of top ten localities for sale. :) :)
Kanakpura Road tops the list because of the connectivity, upcoming metro. Even talks are going on that they are going to widen the NH 209 into four lanes. Road widening is definitely going to impact the real estate market as many as six engineering colleges and several schools are spread in the locality. The area is good for both investment and for end use.
The demand for residential real estate market in KR Puram is increasing day by day because of its strategic location on along NH-4. KR Puram enjoys the benefit of being a rationally priced micro markets. The area is well connected, railway station is also near by and airport is just 35 kms.
In both the areas offers properties with different price brackets. The price of the properties in these area ranges from Rs 30 lakhs to Rs 2 crores. But it depend of what kind of units you are searching for. :) :)