Looking for the best locality to buy a flat in Bangalore? Then stay tuned, in this article we have discussed some top localities to buy flats or apartments in Bangalore.
Bangalore, also known as the Silicon Valley of India, has become one of the most favored places to live. Its amazing weather, varied IT parks, diverse entertainment and leisure options, and quality educational institutions have made it the perfect destination to enjoy a good lifestyle.
As real estate prices are rising, it is very important to know where to invest your money. If you have been in Bangalore for some time or planning to buy a flat in Bangalore, this is the perfect destination.
Bangalore is now expanding and developing at a fast pace and the suburbs of the city have now evolved beyond perception. It has become India’s fastest-growing metropolitan city that has always been one of the active residential markets. The city has always been the most preferred location for real estate investments.
Both luxury and affordable housing are witnessing great demand. However, affordable housing is still the top priority for most home buyers since the price of luxury housing is significantly high. Often people get confused when choosing the locality because there are so many options available in the market. So if you have decided to buy a flat in Bangalore, read this article. We have list down some top localities to buy flat for sale in Bangalore.
Best places, areas to buy flat in Bangalore-
Whitefield is situated in the eastern part of Bangalore and is approximately 22 km from the city centre. Establishment of IT hubs is one of the major reasons for city’s development.
It has a perfect blend of famous IT companies, restaurants, and shopping complexes. Tech Park, Sigma Tech Park, GR Tech Park, EPIP Zone are some famous IT parks located in Whitefield. Therefore, Whitefield is the best place for the people who work in these IT parks.
Connectivity- The city is well connected to the other parts of Bangalore via road and rail. Whitefield railway station connects Bangalore to other parts of the country and is easily accessible. Apart from rail, it has good bus connectivity as well. Several upcoming metro projects will further improve the connectivity of this locality.
Price of flat in Whitefield- The price of apartment or flat in Whitefield starts from Rs 4,700/sq ft and goes upto Rs 7,800 per sq ft. The average price is approximately Rs 6,200/sq ft.
2- ELECTRONIC CITY
Electronic city is one the most acclaimed IT hubs of Bangalore, and witnessed a remarkable growth over the past few years. Here both residential and commercial real estate are always in great demand. It is spread over more than 700 acres and is one of the largest electronic industry parks in the country. It consists of 3 phases i.e, Phase 1, Phase 2, and Phase 3 and all phases are equipped with necessary amenities.
Connectivity- The electronic city is located 18km on Hosur road from the centre of Bangalore. Connectivity of Electronic city has improved with the 10 lane mixed corridor elevated highway. It’s a 10 km long highway on NH7, Hosur Road, and is the longest elevated highway of India. Thus, has an exceptional connectivity to other areas of Bangalore. Soon there will be metro connectivity in the city.
Price of flat in Electronic City- The price of apartment or flat in electronic city ranges from Rs 3,400/sqft- Rs 5,800/sqft. The average price is approximately Rs 4,600/ sq ft.
3- KANAKAPURA ROAD-
Kanakapura road is located in the southern corner of Bangalore and is 50km from the central city. It also has greenery however most of the green areas are located in suburban areas of Kanakapura road. The city is popular for the production of granite and silk and has significantly lesser traffic on the road. Since the past few years Kanakapura road has witnessed a major real estate development and has become one of the most sought after areas to live.
Connectivity- Its proximity to highly developed areas like JP Nagar, Jayanagar, Kumaraswamy Layout, and Banashankari. The city houses some well-known and famous educational institutes like Kendra Vidyalaya, Dayanand Sagar, Delhi Public School, and Narayana. The city is well connected to major IT parks and famous localities.
Price of flat in Kanakapura Road- Currently the price of flat in Kanakapura road varies from Rs 4,200- 7,400/sq ft. The average price is approximately Rs 5,800/sq ft and offers a 2%-3% appreciation rate.
Hebbal is located 10 km from the Bangalore city centre and is a developing area in North Bangalore. It is surrounded by many residential areas like RT Nagar, Nagawara and Thanisandra. Hebbal has high skyscrapers, mid level, and low range buildings. It has well-developed flyovers, amazing parks, bird watching, and lake boating facilities as well. The plan of infrastructure is very good to accommodate future population growth.
Connectivity- Hebbal has an excellent connectivity with the other parts of Bangalore and Kempegowda International Airport. Hebbal flyover, Bellary road, and NH 44 has enhanced the road connectivity of this locality. Apart from roads it also has good bus and rail connectivity. Kempegowda International Airport is 30 km and Krantivira Sangolli Rayanna Railway Station is just 11 km away from Hebbal.
It has proximity to well-known companies and IT parks like- Manyata Tech Park, TCS, IBM India, Cognizant Technology, Concentrix, etc.
Price of flat in Hebbal- The price of apartment or flat in Hebbal ranges from Rs 6,500/sqft- Rs 10,100/sqft. The average price is approximately Rs 8,200/sq ft.
5- SARJAPUR ROAD
Sarjapur Road is located about 20 kms from the Bangalore city centre and has become an ideal hotspot for real estate investment. Currently it is in the developing phase and is the upcoming future IT hub. Sarjapur Road well connected to other cities like Electronic City, Whitefield, and Marathahalli. Various ready-to-move or under construction apartments are available in this locality hence, makes it an ideal place for buying flat in Bangalore. Sarjapur Road houses well-known hotels, shopping complexes, educational institutes, and hospitals.
Connectivity- Sarjapur Road connected to some major roads like Hosur Road, SH-35, and Hosur Road. Several upcoming metro projects will further improve the connectivity of this locality. The development of ORR metro line will pass under Phase 2A of the Nama Metro along the eastern part of Sarjapur Road, with a stop at Iblur. This metro project likely to be completed by the year 2023 and will further enhance the connectivity of this area.
Price of flat in Sarjapur Road- The price of flat in Sarjapur Road ranges from Rs 4,500/sqft- Rs 7,400/sqft. The average price is approximately Rs 5,989/sq ft.
Yelahanka is located on the northern outskirts of Bangalore and is about 14 km from downtown. From the last few years, Yelahanka has emerged as a major destination for real estate investment. Due to its good quality social infrastructure, it has become a preferred location for investors and homebuyers. The locality has several defense institutions like BSF Campus, CRPF Base, and Air Force Station. The locality has a perfect blend of villas and multi-storey apartments.
Connectivity- Yelahanka is well-connected with the rest of Bangalore through NH-44, Doddaballapur Road, Yelahanka Road, and Yelahanka Junction. It houses some famous educational institutes like Nitte Meenakshi Institute of Technology, Sir M. Visvesvaraya Institute of Technology, and BMS Institute of Technology and Management. It also shares a good connectivity with airport, Manyata Tech Park, and IT corridor along ORR.
Price of flat in Yelahanka- The price of flat in Yelahanka ranges from Rs 4,200/sqft- Rs 6,500/sqft. The average price is approximately Rs 5,300/sq ft.
The infrastructure in Bangalore is developing at a rapid pace and rapid government monitoring of the metro project will definitely improve the overall connectivity of the city in future. In this article we have discussed some top localities, area to buy flat in Bangalore. All the localities described in this article are really popular and are best to live in Bangalore. You should always select the locality based on your needs, lifestyle preferences, and proximity to your workplace.