Affordable housing has become a critical need across Indian cities, driven by rapid urbanization, migration, and the increasing demand for homes catering to various economic backgrounds. Bangalore, known as the Silicon Valley of India, is no exception. The city’s booming IT sector has attracted professionals from across the country, escalating the demand for housing that is both affordable and well-connected to major commercial hubs. In this context, this blog delves into the affordable housing hubs of Bangalore, offering insights into the localities that are making homeownership accessible to a broader demographic.
Nestled in the northwestern part of Bangalore, Malleshwaram is one of the city’s oldest residential areas, known for its rich cultural heritage and lush greenery. Despite its prime location and historical significance, the area offers a range of affordable housing options, from traditional independent houses to modern apartments. Malleshwaram’s proximity to major IT parks and commercial centers, coupled with its well-developed social infrastructure, makes it an attractive option for homebuyers
Seeking affordable flats in Bangalore in a vibrant community.
Starting Price for 2 BHK: ₹50 lakhs
Landmarks: Orion Mall, Indian Institute of Science
Kengeri, situated on the western corridor of Bangalore, is fast emerging as a key hub for affordable housing projects in Bangalore. The locality is witnessing the development of numerous residential projects catering to the mid-income group, thanks to its strategic location near the Mysore Road and the NICE Ring Road. Kengeri offers a tranquil living environment, away from the hustle and bustle of the city center, with ample green spaces and a growing number of amenities such as schools, hospitals, and shopping centers.
Starting Price for 2 BHK: ₹36 lakhs
Landmarks: Kengeri Satellite Town Station, Rajarajeshwari Medical College
Sarjapur is a rapidly growing locality in the southeastern part of Bangalore, known for its connectivity to major IT hubs like Whitefield, Electronic City, and the Outer Ring Road. Sarjapur is a hotspot for affordable apartments in Bangalore, attracting IT professionals with its range of housing options.
The area boasts a variety of housing options, from value-for-money apartments to villas, alongside a robust infrastructure that includes international schools, hospitals, and shopping malls.
Starting Price for 2 BHK: ₹45 lakhs
Landmarks: RGA Tech Park, Decathlon Sports India
Suggested read: Affordable Housing Localities in Noida
Hoskote, located on the outskirts of Bangalore, is gaining popularity for budget apartments in Bangalore, particularly among those looking for spacious homes at competitive prices. The area benefits from its proximity to the IT corridors of Whitefield and the upcoming Bangalore-Chennai Industrial Corridor. Hoskote offers a blend of urban and rural living, with numerous residential projects underway, catering to a diverse range of homebuyers.
Starting Price for 2 BHK: ₹30 lakhs
Landmarks: MVJ Medical College and Research Hospital, Hoskote Lake
Electronic City, one of India’s largest electronic industrial parks, is a prominent affordable housing in Bangalore. The locality is home to hundreds of IT companies, making it an ideal location for professionals looking to live near their workplaces. Despite its status as an IT hub, Electronic City offers a variety of affordable housing projects, from reputable developers, providing modern amenities and good connectivity to the rest of the city.
Starting Price for 2 BHK: ₹38 lakhs
Landmarks: Tech Mahindra, Infosys Campus
Suggested read: Affordable Housing Localities in Faridabad
Hebbal, located in the northern part of Bangalore, is known for its serene lakes and well-designed flyovers that offer seamless connectivity to the airport and other parts of the city. Hebbal is a burgeoning area for affordable homes in Bangalore, particularly attractive to middle-income buyers. The area has seen significant infrastructure development, attracting real estate investments in affordable housing. Hebbal’s strategic location, coupled with the presence of tech parks and a range of amenities, makes it a sought-after locality for middle-income homebuyers.
Starting Price for 2 BHK: ₹60 lakhs
Landmarks: Hebbal Lake, Manyata Tech Park
Yelahanka, situated to the north of Bangalore, is an area with historical significance, now transforming into a modern affordable housing hub. The locality is well-connected to the key employment centers of the city via the National Highway 44. Yelahanka’s planned infrastructure, including wide roads, parks, and a variety of housing projects, appeals to families and individuals looking for quality living at reasonable prices.
Starting Price for 2 BHK: ₹40 lakhs
Landmarks: Ramanashree California Resort, Yelahanka Air Force Base
BTM Layout, short for Byrasandra, Tavarekere, and Madiwala Layout, is strategically located close to the IT hubs of Bangalore, including Koramangala and Electronic City. The locality offers a mix of residential options, from apartments to independent houses, catering to a wide range of budgets. BTM Layout’s vibrant community, bustling shopping districts, and a plethora of dining options make it an attractive destination for young professionals and families alike.
Starting Price for 2 BHK: ₹65 lakhs
Landmarks: Silk Board, Udupi Garden Restaurant
Suggested read: Affordable Housing Projects in Gurgaon
Ulsoor, one of Bangalore’s oldest neighborhoods, is known for its picturesque lake, colonial-era architecture, and religious sites. The area has managed to retain its charm while adapting to the city’s modern needs, offering affordable housing options amidst its narrow streets and bustling markets. Ulsoor’s central location and connectivity to major business districts enhance its appeal to homebuyers looking for budget-friendly homes in a culturally rich setting.
Starting Price for 2 BHK: ₹70 lakhs
Landmarks: Ulsoor Lake, Gurudwara Sri Guru Singh Sabha
Chandapura, located in the southern part of Bangalore, is witnessing rapid growth as an affordable housing destination. Its proximity to the Electronic City, coupled with the expansion of the Namma Metro, is driving residential developments in the area. Chandapura offers a peaceful living environment, away from the city’s congestion, with a range of affordable residential projects that do not compromise on amenities or quality of life.
Starting Price for 2 BHK: ₹28 lakhs
Landmarks: Narayana Hrudayalaya, Chandapura Market
Located in North Bangalore, Yeshwanthpur is a well-connected locality that blends affordability with convenience. Known for its proximity to the Yeshwanthpur railway station and the Peenya Industrial Area, it is a favored destination for working professionals. The area also boasts metro connectivity and strong BMTC bus routes, making daily commutes hassle-free. Affordable rentals and decent infrastructure make it a practical choice for those seeking budget homes in a central location.
Starting Price for 2 BHK: ₹69 lakhs
Landmarks: Yeshwanthpur Railway Station, Orion Mall, Peenya Industrial Area
Situated along Mysore Road, Nayandahalli is gaining popularity as an affordable residential pocket in Bangalore. It offers easy access to key areas in the city and is ideal for students and working professionals commuting along the Mysore Road corridor. The area has budget-friendly housing, though infrastructure in some pockets is still developing. Despite that, its connectivity to the metro and BMTC routes makes it a practical option for low-budget renters.
Starting Price for 2 BHK: ₹45 lakhs
Landmarks: Nayandahalli Metro Station, Mysore Road Flyover, Gopalan Arcade Mall
As one of Bangalore’s largest and most diverse localities, Banashankari offers housing across a wide range of budgets. Known for its peaceful vibe and family-friendly atmosphere, this area provides excellent social infrastructure with schools, colleges, and hospitals nearby. While parts of the area can get busy due to commercial activity, it still manages to maintain a residential charm.
Starting Price for 2 BHK: ₹60 lakhs
Landmarks: Banashankari Temple, PES University, Big Bazaar (BSK 2nd Stage)
Vijayanagar in West Bangalore is a lively neighborhood known for its active market streets, affordable apartments, and excellent metro and bus connectivity. It attracts budget-conscious residents looking for easy access to daily essentials. While the area gets crowded—especially during weekends—the local flavor and convenience make it a favorite among renters and buyers alike.
Starting Price for 2 BHK: ₹55 lakhs
Landmarks: Vijayanagar Metro Station, Magadi Road, Maruthi Mandir
Located in the southwestern part of the city, Rajarajeshwari Nagar—often called RR Nagar—offers a peaceful and green setting ideal for families. Known for its budget-friendly independent houses and apartment complexes, it provides a suburban lifestyle while keeping you connected to the city’s major routes. While the commute to central Bangalore may take longer, the quiet surroundings and access to daily conveniences make it worth considering.
Starting Price for 2 BHK: ₹45 lakhs
Landmarks: Rajarajeshwari Temple, Global Village Tech Park, Gopalan Arcade
In conclusion, Bangalore’s real estate market is evolving to meet the demand for affordable housing, with localities across the city offering a variety of options to cater to the needs of its diverse population. These affordable housing hubs are not only providing a roof over the heads of many but are also contributing to the city’s sustainable growth by promoting inclusive communities and balanced development. As Bangalore continues to grow, the focus on affordable housing ensures that the city remains accessible and welcoming to all its residents, fostering a sense of belonging and community.
Chandapura and areas on the outskirts like Hoskote typically offer the most affordable options for buying a house in Bangalore. These areas benefit from ongoing development and proximity to major hubs, offering competitive prices.
The average housing price in Bangalore varies widely depending on the locality and type of property. On average, prices can range from ₹5,000 to ₹7,500 per square foot in affordable areas, with premium locations seeing much higher rates.
A comfortable lifestyle in Bangalore generally requires a monthly income of around ₹50,000 to ₹70,000 for a single individual, accounting for housing, utilities, transportation, and personal expenses. This can vary based on lifestyle choices and housing preferences.
The minimum cost of living in Bangalore for a single person can range from ₹15,000 to ₹20,000 per month, covering basic expenses such as modest housing, food, and transportation. This estimate increases for families and depends greatly on lifestyle and housing choices.
Yes, a salary of 12 LPA (Lakhs Per Annum) is considered a good income in Bangalore. It allows for a reasonably comfortable living, enabling you to cover all basic expenses, including housing, utilities, transportation, and leisure activities, with the possibility of savings and investments.
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