Affordable Housing in Bangalore: Top 5 Sites for Buying Property Under 2 Lakhs

Bangalore, the Silicon Valley of India, is a bustling city that offers plenty of opportunities for those who want to make it big in their career. However, with the ever-increasing population and limited space, finding affordable housing in Bangalore is becoming a challenge. But fret not, as we bring to you the top 5 sites for buying property under 2 lakhs.

1. Devanahalli

Located in North Bangalore, Devanahalli is a fast-developing suburb that offers a blend of urban and rural lifestyle. It is well-connected to the city with the Bangalore International Airport and the upcoming Metro Rail. You can find affordable plots and apartments in Devanahalli ranging from 1.5 lakhs to 2 lakhs. With the upcoming IT parks and SEZs, Devanahalli is set to become a hub for job opportunities in the near future.

2. Nelamangala

Nelamangala is a small town located in Bangalore Rural district, known for its scenic beauty and agricultural lands. It is situated on the National Highway 4 and is well-connected to the city with easy access to the Outer Ring Road. You can find affordable Plots and Apartments in Nelamangala ranging from 1.5 lakhs to 2 lakhs. With the proposed Bangalore-Mumbai Industrial Corridor passing through the town, Nelamangala is set to witness rapid development.

3. Anekal

Anekal is a rapidly developing suburb located in South Bangalore, known for its scenic beauty and proximity to popular tourist destinations such as Bannerghatta National Park and Jigani Industrial Area. It is well-connected to the city with easy access to the NICE Road and the upcoming Namma Metro. You can find affordable plots and apartments in Anekal ranging from 1.5 lakhs to 2 lakhs. With the upcoming Chandapura-Anekal Road widening and the proposed STRR passing through the town, Anekal is set to become a prime location for investment.

4. Hoskote

Hoskote is a town located in the Bangalore Rural district, known for its industrial development and connectivity to the city. It is situated on the National Highway 75 and is well-connected to the city with easy access to the Outer Ring Road and the upcoming Namma Metro. You can find affordable plots and apartments in Hoskote ranging from 1.5 lakhs to 2 lakhs. With the upcoming Aerospace SEZ and the proposed Bangalore-Chennai Industrial Corridor passing through the town, Hoskote is set to become a major investment destination.

5. Kanakapura

Kanakapura is a town located in the southern part of Bangalore, known for its scenic beauty and proximity to popular tourist destinations such as Shivanasamudra Falls and Bananthimari State Forest. It is well-connected to the city with easy access to the NICE Road and the upcoming Namma Metro. You can find affordable plots and apartments in Kanakapura ranging from 1.5 lakhs to 2 lakhs. With the upcoming Peripheral Ring Road and the proposed Bangalore-Mysore Infrastructure Corridor passing through the town, Kanakapura is set to become a prime location for investment.

In conclusion, these top 5 sites for buying property under 2 lakhs in Bangalore offer a great opportunity for those who are looking to invest in affordable housing. With the proposed infrastructure developments and job opportunities, these locations are set to witness rapid growth in the near future. So, hurry up and grab your dream home in Bangalore before it’s too late!

With its rapidly growing economy and burgeoning urban population, cities like Mumbai, Delhi, and Bangalore have witnessed a surge in demand for residential and commercial properties. The sector has also seen significant innovation, with the introduction of technologies like virtual reality and augmented reality changing the way properties are marketed and showcased. Despite occasional challenges such as regulatory changes and market fluctuations, the Indian real estate market continues to be a promising arena for those looking to invest in property.