Localities in South Bangalore where Flats are Available Below 40 lacs

What is the prime criteria that makes a property buyer say 'yes' or 'no' to it? For most of us, it is all about the affordability. Isn't it? Bangalore has remained an economical option for too long, as the realty prices haven't shown much flickering here from many years. For those buyers who are on the look-out of residential space in South Bangalore, there are a plenteous of options. Let's see what are the localities in this region where you can find living spaces in the range 5-40 lacs. Even in the high-end colonies like Koramangla and JP Nagar, one can expect flats in this range. Let's discuss a bit more.

Electronic City, a locality that speaks volumes about the progress made in IT sector, offers properties starting from 6 lacs (with an average 450/sq. ft. rate). The other localities where you can find sustainable prices include Berkai, Anekal, Atibele, Hosur, Bommasandra, Chandrapura, Jigani, HSR Layout, Sarjapura Road, and Mysore Road. At all of these, one can avail flats in Bangalore with rates beginning anywhere below 10 lacs and psf(per square feet) rate centered around 450/-. The localities where prices begin in 10-15 lacs range are Bannerghata Road, Begur Road, Uttarahalli, and Off Hosur Road. The average rate of flats in most of these areas is anywhere between Rs. 1200-2300/sq. ft.

The next layer comprises of flats that have the beginning price-rates in 15-20 lacs range. Such flats are available for buying in Vijaya Bank, Anjanapura, Bannerghatta, Off Bannerghatta, Silk Road. Yehalanka. and the psf rate centered around an average value of 3100/ sq. ft. Bellandur and Off Sarjapur Road are the localaities where Bangalore real estate flats can be purchased at a price as low as 20-25 lacs and above. For 25-40 lacs range, look for apartments in BTM Layout, Hosar Kerahalli, Arekere, Nayan Danahalli, Koramangala, Rajrajeshwarnagar, ISRO Layout, and Nayandanahalli options.

The real estate portal, Makaan.com lets you search properties online. Look for flats in Bangalore in different price segments, and present in different localities. Keep yourself informed of the Bangalore real estate prices and psf rates.