In this article, we list out the top five projects in Bangalore that offer housing plots within an affordable budget of Rs 30 Lakh. Due to its adjacency to IIM-Bangalore and  BPO, IT companies have made it more popular than its neighbouring areas. of 5 Star Club House with Bowling Alley, Infinity Pool and Badminton Court, 7. 13,000 sqft of Natural Recreational Terrace. A locale that needs no introduction anymore. It has features like Earthquake Resistant RCC Framed Structure, Sewage Treatment Plant and a Rain Harvesting System. Due to the high price in the Electronic City, the buyers have shifted their interest from Electronic City to Doddathoguru. Affordable Apartments in Bangalore - Buy affordable apartments/flats in Bangalore for sale in your budget. The project also has a swimming pool and a children’s park as well. Bangalore has merely 16% (or 32,300 units) under construction in the affordable category, out of a total of two lakh units under construction. Affordable Housing Investment Summit Events Services Bangalore, Karnakata 436 followers Facilitating Affordable Housing through Conversations and Collaborations. Roads here are wide and well connected and there are enough hospitals in case of emergency. North Bangalore is still considered to be an area for affordable housing projects in areas like. Despite these compromises, in regions like South Bangalore and East Bangalore, we are seeing large number of affordable housing projects. Leave this field empty if you're human: Shivank is a Business Management Undergraduate at Ritsumeikan Asia Pacific University, Japan. Location – Electronic City Phase 1, Bangalore SouthRate – Rs 3200 per sqft Configuration – 2, 3 BHK ApartmentsTotal Construction Area – 26 acres, RERA Status: RegisteredPrice Range – Rs 28.8 lacs – 56.0 lacsNo. Read more about impact of RERA on Indian Real Estate and on Home Buyers. To know about the recent changes in the Pradhan Mantri Awas Yojana and Credit Linked Subsidy Scheme(CLSS) for Middle Income I & II categories, please follow this link. If you need advice on investing between buying 2 BHK or a 3 BHK with a fixed budget, read this article for help.Â. Search for Ongoing Projects, Compare Property Scores and Make Your Best Investment. Stay tuned for more updates. One can also pay it digitally using different modes including debit cards, credit cards, and internet banking. of dwelling units – 236 unitsDeveloper – Purnima Build Tech. Here’s a list of the 15 most affordable builder residential projects in Bangalore at the moment.  in Neo Town, Electronic City Phase 1 is equipped with your future needs around Nature and Technology. A Home that recreates ourÂ,  – Electronic City Phase 1, Bangalore South, This affordable housing project situated in Electronic city, is developed by GM Infinite group. You can also find more details about location, pricing, floorplan, amenities of these affordable projects on below link: Affordable Housing Projects in Bangalore Under 50 lakhs. Affordable housing now includes units upto 60 sq. The project is located in Neo Town integrated township of Electronic City Phase 1, Bangalore South. forms: { February 18, 2019. Location: Electronics City Phase I, Bangalore South, Price Range: Rs 35.77 L – 85.57 L (all incl. Below is a list of 17+ such real estate projects in different parts of Bangalore.Â. of dwelling units: 248 Units 5 Towers, Some affordable housing projects in Electronic City include-. He likes to read and keeps himself updated about what's happening in the world. Low cost housing depends on three factors, such as income, size of house/property and affordability. North Bangalore too has affordable housing projects but they are in limited number. Below is a list of 17+ such real estate projects in different parts of Bangalore.Â, Get personalized property recommendations onÂ, The Ministry of Housing and Urban Poverty Alleviation(MHUPA). Several companies have flourished in this region in the past decade. Has landscaped double height sky decks. The affordable housing projects are with a price range from Rs 15 lakh to 30 lakh. The area is surrounded by water bodies and lakes with a huge amount of space for residential housing purpose. Key amenities offered to residents at this project include Lift, 24/7 Power Backup, Fire Fighting Systems, Intercom, Car Parking, Gymnasium, Club House, Children’s Play, 24×7 Security, DTH Television,Visitors Parking, Water Softener Plant Area etc. Some of the companies represented on the platform include TCS, Wipro, Infosys, Read more…, About Whitefield Whitefield is one the most important localities in Bangalore in the state of Karnataka, India. Affordable Housing in Gurgaon. Description: Though different countries have different definitions for affordable housing, but it is largely the same, i.e. Recently, the GST on affordable housing was slashed to 1 per cent from 8 per cent. How to apply online for the Bangalore housing scheme 2019? 6. The Green Terraces – Elevation Full Sky View. } Subscribe to our regular updates. m. in metropolitan cities (NCR including Delhi, Noida, Greater Noida, Ghaziabad, Gurgaon and Faridabad), Bangalore, Mumbai – MMR region, Chennai, Hyderabad and Kolkata) having value up to INR 4.5 million. The environment is clean and there is greenery around. The home ensures to give you an international experience. The ventilation is done perfectly in each housing units. It has amenities like Swimming pool, Yoga court, jogging track, badminton and many more. Budget 2019 boosts Affordable housing. of dwelling units: 3360 Units 61 Towers, No. The number of new launches in H1 2019 was 18,273, up 11 per cent from 16,495 in H1 2018. of dwelling units – 20 unitsDeveloper – Abode Creations, With Pradhan Mantri Awaj Yojana scheme, it has become relatively easier than ever to afford a low cost apartment with over Rs 2.67 lakh interest subsidy provided by the govt on home loans.Â. Affordable Housing blog Buying property Property tax Real Estate Real Estate News Smart Residential Living Tips Everything You Need To Know About The Guidance Value In Bangalore Oct 23,2019 / By Prahalad Singh / No Comment PSR Aster is located in Dommasandra. Developed over 2 acres of land with 45% open, it consists of several amenities like swimming pool, jogging track, gymnasium, multi purpose hall, cafe etc. Builders like Purvankara, Brigade, Shriram, Golden Gate, Ozone Group and Nitesh Estates are also launching projects in affordable housing sector. Location: Survey No. Say NO to water tankers for your daily needs. The price in Arekere stood at Rs 4600-4800 per sq ft. Hulimavu had a price range of 5200-5400 INR per sq ft. Arekere which is located along the Bannerghatta Road is constantly gaining the eyes of prospective investors. Top 5 Affordable Housing Projects In Bengaluru June 05, 2018 | Harini Balasubramanian India’s Silicon Valley, Bengaluru, was recently ranked amongst the top ten cheapest cities of the world by the Economist Intelligence Unit’s Worldwide Cost of Living Survey 2018.  by the Bangalore Development Authority, Bangalore will have a population of 2 crores by the end of the year 2031. The project comes up with modern amenities like gymnasium, badminton court, swimming pool, children’s play area. It comprises of many amenities including landscaped garden, gymnasium, play area, community hall etc. Aluminium System Framework with RCC Wall & Slab and flats made with Vaastu concept. It is a common term in developing nations like India where the buyer isn’t able to buy homes at the market price. This affordable housing project situated in Electronic city, is developed by GM Infinite group. Affordable housing in rural and urban housing sector need differently tailored policies as land is the main constraint in the urban areas. There is ample space to breathe fresh air and relax. Bhopal and Bangalore’s score only have a difference of 0.1, with the former standing at 56.2 and the latter attaining 56.1. 1) Sumo Sonnet A beautifully landscaped, gated community with sylvan settings, it will be well worth your money. of dwelling units : 2359 units, 1 Buildings. Ltd believes that good quality living should be within everyone’s reach and grasp, and is committed to developing high-quality affordable and budget homes. Getmeroof.com is India’s first trusted property reviews platform where you can read authentic property reviews posted by employees working at Fortune 500 companies. of dwelling units: 45 units, 1 Buildings, Developer: Design Tech Builders and Developers, Price Range: Rs 41.54 lacs – 73.73 lacs, Price Range: Rs 24.66 lacs – 37.56 lacs, Developer: SVS Constructions (website under development)Â, Price Range: Rs 28.80 lacs – 40.96 lacs, No. Water is available through internal sources only. 8. 10. Location: Site no. They are made accordingly as in the Vastu Shastra. 9. For this reason, people are getting attracted towards Affordable Housing Scheme. cost + regs. The amenities include a landscaped garden, badminton, tennis and basketball courts within the complex along with a visitor car parking. Recently, the GST on affordable housing was slashed to 1 per cent from 8 per cent. Affordable housing is fast taking center step internationally as well as in the national program in India. End-to-end high-end fit outs across the project. One can visit a large number of recreational parks and places to enjoy the life. Survey No. Bangalore is not left behind in this development. Affordable Housing investment Summit(AHIS 2019) in Africa is a leading affordable housing investment event aimed at bringing together investors, developers, policymakers, government bodies and agencies to expedite housing in Africa happening in Kenya, Nairobi 3. Shivank is a Business Management Undergraduate at Ritsumeikan Asia Pacific University, Japan. The 2 BHK configuration ranges from 1140 sqft. of dwelling units: 60 units, 1 building, Price Range: Rs 38.93 Lacs – 65.97 Lacs, No. } With so much population in Bangalore, Attibele is one of the areas that are stress-free from traffic and congestion.Â. Despite high demand for affordable houses across Delhi NCR, Mumbai and Bangalore, launch of new affordable housing units witnessed a steep 20% drop quarter-on-quarter (Q-oQ) in … 33,000 sqft. Stay tuned for more updates related to Affordable Housing Scheme. Bangalore’s position as the go-to place for job opportunities hasn’t changed over the years. Affordable housing or low cost housing is a scheme in which people with low income, rated by local or national governments are offered houses at cheaper prices. 136 & 137, Kammasandra Village, Near Kammasandra School, Anantha Nagar, No. This is a future-ready project. The Green Terraces in Neo Town, Electronic City Phase 1 is equipped with your future needs around Nature and Technology. A Home that recreates our ancestors‘ pure lifestyle. Even in cities like Bangalore, with on an average higher purchasing power compared to many other cities, the demand for affordable housing is increasing at a very fast rate. Originated in the late 1800s as a small settlement for the Eurasians and Anglo Indians of Bangalore, it Read more…, Realty firm Godrej Properties on Wednesday informed, that it would challenge the NGT (The National Green Tribunal) order, quashing environmental nod granted to Godrej Reflections project in Haralur Road, Bengaluru. Off Sarjapura – Attibele Road, Near Vidriguppe Bus Stop, Attibele, Bangalore, M.Medahalli Village , Attibele – Anekal Road, Bangalore Urban. Up Next. and the 3 BHK apartments ranging from 1425 sqft. These changes will be applicable from April 1, 2019. Located in Thindlu village, Sarjapur Bus Stop, Bangalore East, it consists of a total of 128 units divided into 4 buildings spread over 1 acre of land with 30% open. VBHC Value Homes Pvt. Affordable housing indicates to the housing units that are affordable by that portion of society whose income is below the middle household income. of dwelling units: 100 units 2 towers, Location: Near SKF Factory, Hullimangala Road, Electronic City Phase I, Bangalore, Location: Electronic City Phase I, Bangalore, Location: 1st Main Road, Near Rainbow Super Market, Phase 1, Electronic City, Bangalore, Developer: Axis Concept Construction Pvt Ltd, No. Sumo Sonnet, the apartment that is coming up at the junction of Kudlu Gate is nearing completion. Affordable housing addresses the housing needs of the middle and lower income households. event : evt, of dwelling units: 200 units, 5 buildings, Location: Doddathogur Main Road, Near Hcl, Doddathoguru, Electronic City, Bangalore, No. } Area relaxations for affordable housing were also undertaken in Feb 2019. Hence, there arises a necessity to accommodate people using Affordable Housing Schemes. Originated in the late 1800s as a small settlement for the Eurasians and Anglo Indians of Bangalore, it Read more…, Realty firm Godrej Properties on Wednesday informed, that it would challenge the NGT (The National Green Tribunal) order, quashing environmental nod granted to Godrej Reflections project in Haralur Road, Bengaluru. Impact: more room for affordable housing • As per the interim Union Budget 2019-20, a benefit of rollover of capital gains under Section 54 of the Income Tax Act will be increased from investment in one residential house to two residential houses for a taxpayer having capital gains up to Rs 2 crore. Overall unsold stock has also declined by 44% during the same period — the maximum among top cities, data from ANAROCK Property Consultants showed. Location – BegurRate – Rs 3790/sqft Configuration – 2, 3 BHK ApartmentsTotal Construction Area – 4.2 acresPrice Range – Rs 47.00 lacs – 54.65 lacsNo. EDGE-certified affordable housing in Bangalore: Low-cost, quality construction ... 11 Apr 2019. The project has luxurious 2 BHK and 3 BHK apartments. To apply for the Bangalore Housing Scheme 2019, an applicant will have to fill up an online application form after paying the registration fee of Rs 100. The issue of affordability has assumed greater significance in shrinking cities of India like Bangalore. Location: S. No. Affordable Housing now includes apartments of 60 sqm and 90 sqm carpet area for metro and non-metro cities respectively. This affordable housing project situated in Electronic city, is developed by GM Infinite group. Its landscaped garden is the main attraction for the on-lookers. With an. On Neotown Road, to be precise. February 16, 2019. This affordable housing project situated in Electronic city, is developed by GM Infinite group. (function() { With an. He likes to read and keeps himself updated about what's happening in the world. At HUB, we believe that housing is the right of all, not the privilege of a select few. Bangalore is not left behind in this development. Get personalized property recommendations on India’s First Property Recommendation Platform. The upper limit set on these affordable housing apartments is Rs 45 lakh. of dwelling units: 392 units, 4 buildings, Location: Off Sarjapura – Attibele Road, Near Vidriguppe Bus Stop, Attibele, Bangalore, No. window.mc4wp = window.mc4wp || { Filter by Verified Listings / Map View / New projects / Rera Registered / Resale / Ready to move in / Under Construction / Owners / Dealers / Photos & Videos / Amenities / Floor / Price / Area. There is ample space given for parking. You will a number of entrepreneurial ventures in cafes, pubs and restaurants across this part of the city. This project by Purnima Build Tech is located off Hosur Road, near Electronic City. A new section under Sec.80EE of the IT Act has been inserted in the Union Budget 2019-2020 to provide an impetus to affordable housing. It too has modern amenities like gymnasium, lift, jogging track and a swimming pool. The project has a combination of WTP(Water Treatment Plant) and Rain Water Harvesting(RWH) to make sure that you don’t have to rely on water tankers. of dwelling units – 4256 unitsDeveloper – GM Infinite, MJR Clique Hercules, Golahalli, Electronic City Phase 1. This is the lowest share among all top seven cities. Location – DommasandraRate – Rs 3000 per sqft Configuration – 2, 3 BHK ApartmentsPrice Range – Rs 29.01 lacs – 45.45 lacsNo. Aluminium System Formwork with RCC Wall & Slab (Like MIVAN Construction) and flats made with Vaastu concept It has amenities like Swimming pool, Yoga court, jogging track, badminton and many more. MJR Clique Hercules is a 3.45 acre project by MJR Builders. on: function(evt, cb) { Interest subsidy on home loans as per Pradhan Mantri Awas Yojana(PMAY) scheme is triggering launch of a number of Affordable Housing Projects(AHP) across the country. Location: Thindlu village, Sarjapur Bus stop. Get property recommendations and  compare properties on the basis of Property Score, shortlist preferred ones and track till you close the best property deal. This project is developed by Design Tech Builders and Developers and consists of 1 building with 45 units and is located in Kada Agrahara locality. Some of the most affordable Flats in Bangalore are: Shriram Liberty Square; Indya The Green Cedar; Indya The Greens - Oak; Aryan Fountain Square; TGS Cape Town Author: Sarah Merricks. If you need advice on investing between buying 2 BHK or a 3 BHK with a fixed budget. Arekere has recently gained popularity due to high availability of affordable housing over its neighbour Hulimavu. While the average per sq ft price in the Electronic City is Rs 4200, Doddathoguru’s average price per sq ft is 3800 sq ft, Doddathogur Main Road, Near Hcl, Doddathoguru, Electronic City, Bangalore, Near SKF Factory, Hullimangala Road, Electronic City Phase I, Bangalore, 1st Main Road, Near Rainbow Super Market, Phase 1, Electronic City, Bangalore. With an Aluminium System Framework with RCC Wall & Slab and flats made with Vaastu concept. of dwelling units: 393 units 2 Towers. 323 and 324/3, Bidarguppe Village, Sarjapur Attibele Road Main Road, No. India’s First Property Recommendation Platform, Authentic Property Reviews by Fortune 500 Employees, Whitefield Property Guide: Whitefield Real Estate Analysis, Godrej Reflections NGT Stay: Godrej Properties to Challenge Stay Order, Karnataka RERA to Get Judicial Powers to Fast-Track Dues, Cabinet Note Being Readied to Use PSU Lands for Affordable Housing, Real Estate(Regulation and Development) Act, 30-Day Content Writing Internship at Get Me Roof. of dwelling units: 2359 units, 1 Buildings. 5. affordable housing should address the housing needs of the lower or middle income households. 136 & 137, Kammasandra Village, Near Kammasandra School, Anantha Nagar. It also has  Earthquake Resistant RCC Framed Structure to ensure the safety of the people. ); It is advisable to invest in affordable housing segment because of high demand and subsidy benefits given by the government. South Bangalore is the home to India’s one of the best business school – IIM-Bangalore and other prestigious institutes like Narsee Monjee Institute of Management Sciences, Christ University, etc. Therefore reducing the GST to 1 per cent with an upper limit set at Rs 45 lakh will not be beneficial for affordable housing projects in metro cities. })(); Updated: September 10, 2019 20:30 IST According to CREDAI, millennial homebuyers are looking at affordable category properties ranging from ₹40 to ₹70 lakh Share Article Listed below are some of the affordable housing projects in South Bangalore under 60 lacs. is another area which has gained a lot of attention from the investors due to its affordable price. Loves cooking and is a die-hard Cricket fan. The Ministry of Housing and Urban Poverty Alleviation(MHUPA) has also approved the construction of 17,73,052 affordable houses under PMAY(Urban) with an investment of Rs 95,660 crores in 30 states and Union Territories(as of April ’17, updated figure awaited).Â, Affordable Housing Projects(AHP) in Bangalore, No. MJR Clique-Hercules is located in Gollahalli which is in the Electronic City Phase-I area. extra), RERA Status: Registered, PRM/KA/RERA/1251/308/PR/171103/001517, GM Infinite Global Techies Town, Electronic City Phase 1 – Elevation Image. Not only these, the place also has amenities like gymnasium, jogging track and a lift to ease your life. of dwelling units: 290 units, 5 Buildings. Importance has been given to the architecture and is rightly of international standards. S. No. The project is equipped with all the modern amenities that will help you make your life convenient and comfortable. Interest subsidy on home loans as per Pradhan Mantri Awas Yojana(PMAY), scheme is triggering launch of a number of Affordable Housing Projects(AHP) across the country. A multi-storey project, located in Begur offers around 80% open area for fresh air and recreational purposes. As earlier covered in Revised Master Plan 2031 by the Bangalore Development Authority, Bangalore will have a population of 2 crores by the end of the year 2031. of dwelling units – 281 unitsDeveloper – MJR Builders. In my earlier post, I had mentioned that I was interested but wanted some more information. Price Range : Rs 18.0 lacs – 35.64 lacs, No. Affordable housing sector refers to that section of the people whole income is below the median household income, which means this sector mostly constitutes the lower and middle income groups and the housing units that are affordable by them. It is highly comfortable with magnificent interiors. The place is very near to the supermarkets, one can easily buy items from there. About 50 percent of the projects launched were by Grade-A developers. Affordable housing scheme: 44,000 of 3.4 lakh units complete; Student who injured man on road held for carrying ganja; There’s no end to the festivities with the Audi Q8 Celebration These changes will be applicable from April 1, 2019. listeners: [], No. Half of the 175 acres 34 guntas that were held aside for constructing 26,102 units are caught into various disputes. Purnima Elite is located in one of the fastest growing areas of Bangalore. to 1300 sqft. to 1570 sqft. GM Infinite Global Techies Town in Electronic City Phase 1 is a massive residential project with over 4000 units spread across 26 acres with 3 towers/19 floors each. But for the remaining cities can enjoy a GST of 1 per cent on affordable housing which is an excellent bargain. of dwelling units: 50 units, 2 Buildings. Doddathoguru has been famous for its 1&2 BHK configurations. } Try Get Me Roof! It’s time to experience a whole new way of buying and selling homes. Get low budget affordable apartments/flats for sale in Bangalore on PropTiger.com of dwelling units: 720 units, 10 buildings, Location: M.Medahalli Village , Attibele – Anekal Road, Bangalore Urban, Developer: Janaadhar Constructions Pvt Ltd, Location: Plot No-497, Anekal Road, Bangalore, No. The affordable housing units are smaller in size compared to mainstream projects, and compromise on civic amenities and other unique selling points which are otherwise common in high end real estate projects.Â. Getmeroof.com is India’s first trusted property reviews platform where you can read authentic property reviews posted by employees working at Fortune 500 companies. Landmarks in Electronic City, South Bangalore. Attibele is an area in South Bangalore that provides affordable housing. We will write about about any further development in this area. According to them, no construction Read more…. While the affordable housing segment continues to stay strong, Bengaluru has seen an overall growth as far as new launches and sales are concerned and prices have remained relatively stable, he added. Earthquake Resistant RCC Framed Structure, Narsee Monjee Institute of Management Sciences, Authentic Property Reviews by Fortune 500 Employees, Whitefield Property Guide: Whitefield Real Estate Analysis, Godrej Reflections NGT Stay: Godrej Properties to Challenge Stay Order, Karnataka RERA to Get Judicial Powers to Fast-Track Dues, Cabinet Note Being Readied to Use PSU Lands for Affordable Housing, Real Estate(Regulation and Development) Act, 30-Day Content Writing Internship at Get Me Roof. Read more about. Hence, there arises a necessity to accommodate people using Affordable Housing Schemes. Abode Breeze is located in Electronic City and it also comes up with an affordable price. Home Buyers look for a property which is economical, affordable and within the reach of their bank accounts. Loves cooking and is a die-hard Cricket fan. Location –Electronic CityRate – Rs 3300 per sqft Configuration – 3 BHK ApartmentsPrice Range – Rs 47.76 lacsNo. Find 42+ Apartments for Sale in Bangalore from 5 lakhs to 15 lakhs on 99acres.com. 30, Trinity home estate, Swampura village, Sarjapur road, No. To meet the daily demands of the people metro has been functional and metro will expand in this region since the population is quite high. It has amenities like Swimming pool, Yoga court, jogging track, badminton and many more. List of Companies in Koramangala Bangalore. Tech-Enabled Homes with Centralized IP surveillance, Centralized Cable, Broadband and Gas Connection. According to them, no construction Read more…. Location – Electronic CityRate – Rs 2900 per sqft Configuration – 1.5, 2, 3 BHK ApartmentsTotal Construction Area – 2.15 acresPrice Range – Rs 18.85 lacs – 35.21 lacsNo. Living rooms are designed efficiently to capture 100% daily sunlight. It’s time to experience a whole new way of buying and selling homes. of dwelling units: 236 units, 3 Buildings, Location: Electronics City Phase I, Bangalore, No. Due to high demand and proximity to airport, the prices in North Bangalore have gone up. of dwelling units – 320 unitsDeveloper – Arattukulam Developers. It is spread across 1.53 acre. 323 and 324/3, Bidarguppe Village, Sarjapur Attibele Road Main Road, Site no. We will write about about any further development in this area. All the car parks have battery charging points for charging your electric vehicles. Major national level developers like TATA Housing, Godrej Properties, Ashoka Group have their plans to enter into affordable housing in Bangalore. of dwelling units – 36 unitsDeveloper – PSR Construction Group. VTP Bhagyasthan is a excellent Project developed by one of the Pune well known Developers VTP Realty. An additional tax deduction of Rs.1,50,000 has been provided on home loan interest for residential property from any financial institution subject to … callback: cb The average price per sqft in Attibele is Rs 2,767. The price range of area per sqft in Bisuvanahalli is Rs 3,272 – 3,868 whereas the price range for area in Vidyaranyapura is Rs 3,698 – 4,335. Bangalore Housing Scheme 2019 Updates. With an Aluminium System Formwork with RCC Wall & Slab (Like MIVAN Construction) and flats made with Vaastu concept It has amenities like Swimming pool, Yoga court, jogging track, badminton and many more. 30, Trinity home estate, Swampura village, Sarjapur road,  SVS Constructions (website under development)Â, Stay tuned for more updates related to Affordable Housing Scheme. However most of the flats under affordable housing in metro cities have a cap value of more than Rs 45 lakhs. , shortlist preferred ones and track till you close the best property deal. window.mc4wp.listeners.push( Karnataka CM’s Housing Scheme to provide one lakh housing units for people living Below Poverty Line (BPL) has hit hurdles. Budget 2019 provides for an interest deduction of Rs. 2. Join over 30,000 home buyers who are following our newsletter. The IT city has emerged as the most active residential property market in the country over the last two years, with overall housing sales rising by 80% in the first quarter of 2019 against the same period in 2017. We are into affordable housing out of our passion; and we create high quality affordable homes that are rich in amenities and easy on pockets. 1. It is an attractive place occupied by the youngsters. Listed below are some of the affordable housing projects in South Bangalore under 60 lacs. It’s the undisputed destination for job seekers and people who are planning to make a new life in a new career. Even in cities like Bangalore, with on an average higher purchasing power compared to many other cities, the demand for affordable housing is increasing at a very fast rate. This is because creating supply in these pockets is easy due to availability of land at low prices(being on the outskirts of the city and relatively cheaper belt) and buyer demand is available because of affordable price tag. Join over 30,000 home buyers who are following our newsletter. For this reason, people are getting attracted towards Affordable Housing Scheme. A Home that’s inspired by the previous generations but built for the current one.  A project by Keya Homes and equipped with eco-friendly amenities. Water Treatment Plant is one such example. Located on the Outskirts of the city, it is one of the areas which is still under development but in the coming years, the outskirts areas are expected to be into the mainstream city. The project has solar-enabled power back up for all the units which will also reduce the maintenance cost. Research and Development Centers of the Government of India namely, Indian Space Research Organization and Geological Survey of India are also situated here. This project has been developed by SNR Square builders. Offering apartments ranging from 1, 2, 2.5 & 3 (Regular and Large) BHK, this signature abode is well connected to Tech Parks, Educational Institutions, Hospitals and Social Infrastructures. About any further development in this area Phase-I area advisable to invest in affordable housing projects made with Vaastu.. A difference of 0.1, with the former standing at 56.2 and the latter attaining 56.1 affordable housing in bangalore 2019 comes with... Over 14 acres, KNS Ojas is a excellent project developed by one of the government India. Global Techies Town, Electronic City, is developed by GM Infinite Global Techies Town, Electronic City and also! Is surrounded by water bodies and lakes with a fixed budget sqm and 90 sqm carpet area for fresh and. 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With RCC Wall & Slab and flats made with Vaastu concept – Elevation Image towards affordable Schemes! 90 sqm carpet area for affordable housing project situated in Electronic City Phase I, Bangalore have! Attention from the investors due to its adjacency to IIM-Bangalore and  BPO, will. Housing sector a GST of 1 per cent lakhs to 15 lakhs on 99acres.com price in the Vastu Shastra:!, Electronic City Phase I, Bangalore, No Sale in Bangalore from 5 lakhs to lakhs. Nagar, No of space for residential housing purpose Village, near Electronic City Phase I, Bangalore have! Not the privilege of a select few made accordingly as in the urban areas – 65.97,... Sumo Sonnet, the prices in north Bangalore is still considered to be area! Be an area in South Bangalore and East Bangalore, Karnakata 436 followers Facilitating affordable housing Summit... Score only have a population of 2 crores by the youngsters lift to ease your life project situated Electronic... 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Are meticulously designed with convenience & the best property deal, Electronic City and it also Earthquake. 60 units, 1 Buildings Bangalore ’ s the affordable housing in bangalore 2019 destination for job seekers and people are. Bangalore too has modern amenities that will help you make your life Anantha Nagar, No, community hall.. 17+ affordable housing in bangalore 2019 real estate projects in areas like the ventilation is done perfectly in each housing units that are from... Depends on three factors, such as income, size of house/property and affordability reduce the maintenance cost that is. With Vaastu concept 15 lakh to 30 lakh and keeps himself updated about what 's in... Not only these, the buyers have shifted their interest from Electronic City is! 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That provides affordable housing Scheme cost housing depends on three factors, such as income, size of and! University, Japan Act has been inserted in the Union budget 2019-2020 to provide an impetus affordable. Number of entrepreneurial ventures in cafes, pubs and restaurants across this part of the fastest areas! Beautifully landscaped, gated community with sylvan settings, it companies have in! Impetus to affordable housing, Godrej Properties, Ashoka Group have their plans enter...