For years now, the real estate market in Bangalore is home to a diverse population of students, bachelors, working professionals, and nuclear and joint family. Here’s a detailed guide on affordable residential projects that suit your requirements.

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12.34 millionThat’s the colossal and passionate community residing in the silicon valley of India – Bangalore.

This cosmopolitan and culturally diverse city has always welcomed all age groups with open arms. For many, Bangalore is their beloved abode far away from home. Today, the fifth largest city of India is known to be a paradise where dreams become reality. From students to bachelors, to working professionals, to nuclear and joint families, Bangalore has something special in store for them all. So if you’re planning to start a new life in Bangalore then go ahead without any doubts or fears because this place is finely developing to cater to your smallest needs.

Bangalore is acknowledged to be the most convenient and suitable city for individuals from all backgrounds. Let’s find out why.

Students

Student Lifestyle in Bangalore

Students

Don’t you just love that feeling of utter joy when you receive that one acceptance letter that you worked very hard for to get into your ideal school/college? Well, once that moment passes, that’s when the real struggle starts. The hassle to search for the perfect place to live in the right locality at the right price.

To make your task easier, Raja Rajeshwari Nagar, Banashankari, and Mathikere are the top 3 areas that you can absolutely bet on to experience a stress-free and exciting school/college life. With almost all social amenities at a short distance, these localities have become a students favourite. If you choose to invest in or rent out an apartment in Rajarajeshwari Nagar, then popular restaurants like Delhi Chaats, Simran’s will be there to greet you. Commuting from one place to another will be smooth and effortless because of the Namma Metro connecting you to stations like Nayandahalli and Vijayanagar. An advantage of residing in Banashankari is its close proximity to schools like Engineering Workshop and Sharada Shri Public School. And just to let you in on a tiny secret, students can also share 2 BHK and 3 BHK apartments here to lower the rent burden.  

Here are a few residential projects that you must check out where social amenities like club house, party lawn, swimming pool are readily available based on your budget.

Panchmukhi Paradise

Apartments for rent in Bangalore for students

Panchmukhi Paradise, Bangalore

Location: Raja Rajeshwari Nagar, Bangalore West

Rate: Rs 4250/sqft

Configuration: 2,3 BHK Apartment

Price Range: Rs 44.2 L – 65.23 L

No. of dwelling units: 162

Total Construction Area: 2.0 acres

Developer: Panchmukhi Infrastructure

Rental: Rs 20,000/month onwards for 1 BHK

Sobha Town Square

Residential projects in Bangalore for students

Shobha Town Square

Location: Banashankari, Bangalore South

Rate: Rs 2,300/sqft

Configuration: 2,3 BHK Apartment

Price Range: Rs 44.2 L – 65.23 L

No. of dwelling units: 162

Total Construction Area: 14.0 acres

Developer: Sobha Developers

Rental: Rs 10,500/month onwards for 1 BHK

Divya MSR Gateway

Divya MSR Gateway

Divya MSR Gateway

Location: Mathikere, Bangalore West

Rate: Rs 8079/sqft

Configuration: 2, 3 BHK Apartment

Price Range: Rs 41.50 L onwards

Developer: Divya Infra Properties

Rental: Rs 13,500 onwards for 1 BHK

Bachelors

Affordable residential apartments in Bangalore for Bachelors

Bachelor

Living a bachelor life has its own set of pros and cons. On one hand, you get all the freedom you like but on the other, you surely hate doing everything by yourself. For instance, cooking every day can become really bothersome or living by yourself all day can be boring too. But, these areas of Bangalore will help you keep these problems at bay. Koramangala, Indiranagar and BTM Layout are the three localities for all you Bachelor’s out there. Various multi-cuisine restaurants and eateries are here to attend to your hunger needs whereas hospitals like Health Cottage Hospital are present to take care of you. Being aware of the fact that most of the bachelors are on a tight budget, the apartments here offer rental opportunities starting from Rs 10,000. So no matter what your profession is – student, working professional, or a someone staying away from family, this city will always make you feel at home.

Here are a few exceptional residential projects that will suit all your requirements.

Prestige Pine Wood

Luxurious residential projects in Bangalore for Bachelors

Prestige Pine Wood

Location: Koramangala, Bangalore South

Rate: Rs 14,314/sqft

Configuration: 2,3,4 BHK apartment

Price Range: Rs 1.78 Cr – 3.58 Cr

No. of dwelling units: 256

Total Construction Area: 2.5 acres

Developer: Prestige Group

K Raheja Vivarea

1 BHK, 2 BHK,3 BHK residential apartments for rent in Bangalore for bachelors

K Raheja Vivarea

Location: Koramangala 1st Block, Bangalore South

Configuration: 3,4,5 BHK apartments

Rate: Rs 9145/sqft

Total Construction Area: 8 acres

Developer: K Raheja Builders

Gopalan Admirality Court

Apartments in Bangalore for Bachelors

Gopalan Admirality Court

Location: Indiranagar, Bangalore East

Rate: Rs 9195 /sqft

Configuration: 2,3 BHK Apartment

No. of dwelling units: 48

Total Construction Area: 2.29 acres

Developer: Gopalan Enterprises

Working Professionals

Working Professionals

Working Professionals

It’s no surprise that Bangalore attracts thousands of working professionals every year. For them, Bangalore is like a pot of shining gold, providing a plethora of employment opportunities. With stable real estate prices and outstanding returns on investment, the city further boosts the working populations’ confidence and encourages them to settle in the city. All of these factors have made Bangalore a city that is a safe investment proposition while providing abundant of opportunities for overall growth and development. The working population of Bangalore is diverse and has different approaches while planning to invest in the real estate market. While many young working professionals prefer to live-in rental apartments until they’ve saved enough to invest in a property on low EMI basis, there are many who wish to buy their own flats as soon as they have enough for a downpayment which is usually 20% of the property cost. Whatever may be your requirement, either rental or buy, Bangalore caters to it all.

While major IT Parks are scattered around the city, the areas of Nagavara, Whitefield and Electronic City take the lead. Manyata Embassy Business Park and E-City Software Park are some of the reputed IT Parks that see a large number of working population.  The presence of a strong network of roadway and railway ensures that you reach on time to your destination. In terms of other social amenities, you’ll definitely find a couple of malls and theatres for fun activities over the weekends.

MIMS Residency

Prime housing societies in Bangalore for working professionals

MIMS Residency

Location: Thanisandra, Bangalore North

Rate: Rs 5150/sqft

Configuration: 2,3 BHK apartment

Price Range: Rs 63.32 L – 80.57 L

No. of dwelling units: 145

Total Construction Area: 2.5 acres

Developer: MIMS Builders

Assetz Here and Now

Residential apartments in Bangalore for working professionals

Assetz Here and Now

Location: Rachenahalli, Thanisandra, Bangalore North

Rate: Rs 4750/sqft

Configuration: 1,2,3 BHK apartment

Price Range: Rs 18.28 L – 47.26 L

No. of dwelling units:  384

Total Construction Area: 3 acres

Developer: Assetz Property Group

The Green Terraces

Luxurious residential projects in Bangalore for working professionals

Green Terraces

Location: Electronics City Phase I, Bangalore South

Rate: Rs 4444/sqft

Configuration: 1,2,3 BHK apartment

Price Range: Rs 35.77 L – 84.57 L

No. of dwelling units: 393

Total Construction Area: 2 acres

Developer: Keya Homes

Assetz Marq 2

Apartments for rent in Bangalore for working population

Assetz Marq 2

Location: Whitefield, Bangalore East

Rate: Rs 6396/sqft

Configuration: 3,4 BHK Apartment

Price Range: Rs 87.36 L – 1.45 Cr

No. of dwelling units: 345

Total Construction Area: 22 acres

Developer: Assetz Property Group

Nuclear Family

Best residential projects for Nuclear Family

Nuclear Family. Source: ParentCircle

Along with pleasant climatic conditions, Bangalore offers a favourable mix of economic and social ambience. Its ability to provide great employment opportunities, well-developed infrastructure and an unending variety of entertainment industry makes the city an ideal spot to start a family. In addition, its real estate prices are lower as compared to other metropolitan cities in the country like Mumbai, Delhi. You can expect a lavish 1 BHK apartment in the city that offers top-notch facilities like swimming pools and sports amenities for as low as Rs 25 lakh.

Whitefield is an area that has become increasingly popular due to its closeness from International Tech Park Bangalore, Phoenix Market City, The Forum Neighbourhood Mall as well as The Bangalore School. Numerous under construction projects in Koramangala, Hebbal, and Bannerghatta Road have also gained fame due to the massive returns that they are promising.

The projects mentioned below will deliver a relaxing and enjoyable lifestyle to all the nuclear families who already reside in Bangalore or are planning to move here.  

Orchid Whitefield

Beautiful homes in Bangalore for nuclear families

Orchid Whitefield

Location: Whitefield, Bangalore East

Rate: Rs 4899/sqft

Configuration: 1,2,3 BHK Apartment

Price Range: Rs 25.67 L – 81.27 L

No. of dwelling units: 492

Total Construction Area: 7 acres

Developer: Goyal and Co and Hariyana Group

Prestige Song of the South

Lavish residential projects in Bangalore for nuclear families

Prestige Song of the South

Location: Begur Road, Bangalore South

Rate: Rs 5333/sqft

Configuration: 1,2,3,4 BHK Apartment

Price Range: Rs 34.34 L – 1.31 Cr

No. of dwelling units: 2234

Total Construction Area: 33 acres

Developer: Prestige Group

Shriram Hebbal One

Affordable apartments with great facilities in Bangalore for nuclear family


Shriram Hebbal One

Location: Hebbal, Bangalore North

Rate: Rs 6490/sqft

Configuration: 2,3 BHK Apartment

Price Range: Rs 86.96 L – 1.0 Cr

No. of dwelling units: 162

Total Construction Area: 1.3 acres  

Developer: Shriram Builders

Joint Family

Residential Projects for joint families

Joint Family

Along with attractive education and career opportunities, Bangalore promises to provide a high standard of living. Thus, delivering a life of ease and comfort to every member in the house. Yeshwanthpur, Yelahankha and JP Nagar prove to be the most suitable for joint families keeping their network of transport and proximity to social amenities in mind. The metro provides a smooth commute for any member of the house in and around the vicinity or even long distances.

Families can unwind in malls like Yelahanka New Town Shopping Complex and Bangalore Central. In case of an emergency, you can find hospitals like General Hospital and St Philomena Hospital at a stone’s throw away. Apartments with a configuration of 1 BHK to 5 BHK are available from Rs 28 lakh going up to 6 crores. Thus, providing you with a large variety of options to choose the best one based on your budget and the size of your family.

Here are a few projects suitable for joint families:

Godrej Avenues

1 BHK, 2 BHK, 3 BHK, 4 BHK luxurious apartments for joint families

Godrej Avenues

Location: Yelahanka, Bangalore

Rate: Rs 4500/sqft

Configuration: 1,2,3 BHK Apartment

Price Range: Rs 28.3 L – 78.75 L

No. of dwelling units: 600

Total Construction Area: 5.3 acres

Developer: Godrej Properties

Mahaveer Celesse

Affordable residential apartments in Bangalore for Joint Families

Mahaveer Celesse

Location: Yelahanka, Bangalore North

Rate: Rs 4800/sqft

Configuration: 2,3 BHK Apartment

Price Range: Rs 56.2 L – 92.3 L

No. of dwelling units: 545

Total Construction Area: 4.39 acres  

Developer: Mahaveer Group

Peninsula Heights

Residential projects with great amenities for Joint Families in Bangalore

Peninsula Heights

Location: JP Nagar, Bangalore South

Rate: Rs 10415/sqft

Configuration: 3,4,5 BHK Apartment

Price Range: Rs 3.37 Cr – 6.91 Cr

No. of dwelling units: 140

Total Construction Area: 3.64 acres

Developer: Peninsula Land Limited

Conclusion

In contrast to other advanced cities in the country, Bangalore has shown a steady rise of about 10-15% year-on-year even in unfavorable market conditions. The Bangalore real estate market has witnessed a positive boom due to millions of people migrating every year in this city to live a lavish life in one of the leading metropolitan cities of India.

With each region holding its own set of unique attributes, you are sure to find an apartment in Bangalore that you can call home. Especially, with RERA in force, every investor can be rest assured of their investment. Adding to that, the Revised Master Plan 2031 aims to develop a comprehensive plan to accommodate this massive increase in population of the city. So whether you’re a student, working professional or a have a family looking to settle down in a big city, Bangalore should certainly be on your cards.

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