Best Locations in Bangalore to Buy Residential Property

Published: September 23, 2009
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Bangalore is now a much preferred destination not only by global IT firms but also by a number of home buyers. The pleasant weather, global lifestyle trends and improving connectivity infrastructure has made the city a heaven for new homeowners, spinning off a fresh demand for property. The city is feeding a number of builders and developers who are coming up with new projects. Projects like Golden Gate, Purvankara, Shriram Properties, Sunscape etc. are just to name a few.

When you think of buying a residential property in Bangalore, the choices are many, ranging from simple one room house to independent villas. But, choosing a location can be quite a cumbersome task, as you have to choose a property that suits your needs and your pocket too. The price of a property depends on the type of the property and the location. You will need a bigger pocket if you are eyeing the central areas that are well connected and located in the heart of the city. Or, if you are satisfied staying in some interior part of the city, you don’t need to worry much about the expenses.

The most popular areas like Brigade Road, M.G. Road, and Cunningham Street etc. are mostly known for their commercial importance and it’s a mammoth task finding a house in these areas. Apart from that, there are some residential areas as well, that may not be as pocket-friendly as you want your desired locality to be. For example, Sadashiv Nagar, Whitefield(Villas), Off Cunningham Road, Off Palace Road etc that are known to be the abode of the affluent.

Following is a list of stylish, well-planned residential areas that are well connected and yet, are average budget localities:

Indira Nagar-Located within a diameter of few kilometers from Domlur airport, the area is well connected to rest of the city. It can boast of several renowned hospitals and educational institutions as well. There are a number of shopping options in addition to nearby pubs, bars, restaurants, gyms etc. The area can be classified as an average budget area.

Koramangala-Reputed firms and business houses, renowned educational institutions, St. John’s Hospital and a number of shopping centers and malls, this area is surely a very good option to settle down. Criss-crossed by many roads and near to Indira nagar, the area doesn’t seem to be facing any sort of connectivity issue.

Banshankari- A medium budget locality at about 15 Km from railway station and 25 Km from the airport, the major connecting road is the 100 feet ring road. There are a number of new projects developed recently or under development in the area.

Jayanagar- Lying close to Banshankari, Jayanagar is a well developed residential area with a cosmopolitan setup. There are a number of shopping complexes, educational institutions and some of the most famous food joints, e.g. Mughal Darbar, Taj Darbar, Blue lagoon etc., in the area.

Malleshwaram-It is one of the greenest localities of the Garden City. The place is naturally beautiful with the lush greenery all around.

Marthahalli- Close to Whitefield and Sarjapur, the area is well connected and offers lots of new projects as well, to choose from. It is again a medium budget locality.

BTM Layout-Located in the southern Bangalore, the area houses the IIM. It is a well planned residential colony with developed road system and separate market place.

Madiwala- An area for small budget home seekers, Madiwala is one of the most crowded areas of Bangalore. Though the interiors of the locality are not comparable to those lying in the vicinity, it is nearby to BTM, Koramangla, and HSR Layout areas.

HSR Layout- The area is well connected to Whitefield, Marthahalli, and Electronic City, where most the offices are located. Well connected to the city and better infrastructure makes it dearer. You can find any number of medium budget houses in this locality.

K R Puram- Krishna raja Puram or K.R Puram is well connected to the city. You can find hundreds of flats in this area, depending on your needs and budget.

Basavangudi- The locality is well known for the famous Bull temple. The City Central Library makes it a heaven for book lovers. For shopaholics, Gandhi bazar is not too far away. Well connected by 4th Main Road, Krishna Rajendra Road and Rashtriya Vidyalaya Road, it is 12 Kms from the city railway station and 25 Kms from the airport.

J P Nagar-  Situated along the sides of Aurobindo marg, the locality is just adjacent to Jayanagar. The ring road runs along its boundary.

Cox Town-  Wheeler Road and Madhavaraiya Muadaliar Road are the two main roads running along the sides of Cox Town. The locality has got everything restaurants, coffe houses, banks etc.

Frazer Town- Situated next to Cox Town,in terms of infrastructure, Frazer Town is equivalent to Cox Town.  Hospitals, colleges, schools etc.,  here you can find all of them easily.

Ulsoor- The area gets its name from the famous Ulsoor Lake. RBANMS First Grade College, RBANMS Pre University College, Wigan Leigh College, are a few educational institutions in the area.  Annaswamy Mudaliar Road, that runs along the sides of ulsoor lake, Kamaraj Road and Dickenson Road are the major roads connecting Ulsoor to other parts of the city.

Lets have a look at the average price/rent figures in the above localities:

Area Property Type Average Price Per Sqft (INR) Average Rents Per Sqft (INR)
K R Puram Apartments 1796 10
Plots 1151 -
Marathahalli Apartment 2617 12
Plots 2863 -
Madiwala Apartments 2785 12
Plots - -
BTM Layout Apartment 3174 12
Plots 5110 -
JP Nagar Apartments 3281 11
Plots 3139 -
HSR Layout Apartments 3351 12
Plots 4402 -
Banashankari Apartment 4232 9
Plots 3693 -
Ulsoor Apartments 4434 18
Plots 5399 -
Koramangala Apartments 4614 18
Plots 6570 -
Cox Town Apartments 4681 14
Plots 5847 -
Indira Nagar Apartment 4736 16
Plots 8935 -
Frazer Town Apartments 4865 15
Plots 5846 -
Jaynagar Apartment 4974 15
Plots 10167 -
Malleshwaram Apartments 5223 16
Plots 8312 -
Basavangudi Apartment 5694 14
Plots 7818 -

Source: Bangalore’s Residential Properties’ Data on Zamanzar.com as on 11th September 2009. For latest rates, visit our Bangalore Residential Property Prices Page

Bangalore’s Affordable Residential Localities  on map


Posted under categories: Buying Property, Indian Real Estate, Property Rates
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About Zamanzar

Zamanzar Advisory Pvt. Ltd. is a real estate advisory firm located in New Delhi, India. We offer online property search tools and offline services to help complete the transaction. Our services cater to real estate buyers, renters, and sellers. Visit Zamanzar to find out more!

2 Comments so far

  1. Harish October 3, 2009 10:48 pm

    Hi,

    Iam moving to Bangalore by end of this month. Would be living alone for some time. Could you suggest a place which is close to my office at Bellandur Village + close to main market area + has good connectivity to airport.

    Thanks

  2. Builders in Bangalore December 21, 2010 4:38 pm

    Hiranandani Upscale offers luxurious spacious apartments and residential properties that provide a tropical feel, modern and convenience luxury and style.

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