Apartments for sale in Bangalore

Flats for Sale in Bangalore

Buying flats in Bangalore would be an ideal choice for home-buyers and seasoned investors due to the growing economy of the city. Bangalore encompasses a wide range of job opportunities combined with the availability of world-class education which makes it an ideal choice for real estate investment. Due to these factors, there is an increased demand for flats for sale in Bangalore. 

Why Apartment is a Good Investment?

Buying apartments in Bangalore reaps various benefits. With growing real estate market in the city it would be an ideal time for investors and home-buyers to buy apartments for sale in Bangalore. Some of the advantages of buying apartments in Bangalore are, 

• It would be ideal for investors interested in long-term investments as the apartments will have better property value appreciation in the upcoming years.
• With increasing demand, the rental income is on the surge yielding benefits to the home-owners.
• Possession of apartments in Bangalore will offer a stable source of income turning into a concrete asset.
• Apartments have minimized vacancy rated due to shared living spaces.
• It also offers the home-buyers and investors a better chance for cooperation and syndication. 

What are the Prime Localities to Buy Flats in Bangalore?

The prime localities to buy flats in Bangalore are Indiranagar, Rajajinagar, Bellandur, Malleshwaaram, Koramangala, Bannerghatta, and Hebbal. As flats for sale in Bangalore is available in various configurations including 1 BHK, 2 BHK, 3 BHK, 4 BHK, and 5 BHK, in these localities, they stand-out as the prime localities. The minimum and maximum costs of buying flats in the above-mentioned localities in Bangalore are listed below: 

What are The Best Places to Buy Apartments in Bangalore?

Bangalore is one of the bustling metropolises with rapid growth. Thus, purchasing apartments for sale in Bangalore requires proper planning and extensive research. There are various factors that play a pivotal role while buying apartments in Bangalore, like the property location, budget considerations, and the availability of necessary amenities. Apart from this, some other factors that should be taken into consideration are the water supply, parking availability, elevators, electricity supply and power backup, resale value, infrastructure, neighborhood, builder’s reputation, and more. If you are looking to purchase apartments for sale in Bangalore, take a look at the localities mentioned below as they offer all the discussed amenities. 

1. Whitefield

Being a resident of significant IT hubs with India’s largest technology park, Whitefield is one of the most sought-after residential destinations for people residing in Bangalore. Some of the popular IT hubs located in Whitefield that attract residents are Brigade Tech Park, International Tech Park, and Mind Comp Tech Park. It has better social infrastructure, boasting better connectivity to other areas in Bangalore. The proposed metro plan has increased property demands in this area, making it the most preferred location by home-buyers looking forward to purchase apartments in Bangalore. 

2. Sarjapur Road

Sarjapur is one of the popular localities located in the southeastern part of Bangalore. It has better accessibility to various IT hubs located nearby, like Whitefield, Koramangala, and Electronic City. The Outer Ring Road offers better connectivity to other parts of the city. It also has well-developed infrastructure with renowned healthcare facilities, esteemed educational institutions, various malls, restaurants, and sports centers. Buying apartments in Sarjapur will be a wise investment, as it might have better returns in the future. 

3. KR Puram

Krishnarajapuram, or KR Puram, is located on the North-Eastern side of Bangalore. It is one of the oldest suburbs of Bangalore. It is located in closer proximity to popular IT hubs like Marathahalli (10 km) and Whitefield (11 km). It offers affordable housing options when compared to other parts of the city. Due to the emergence of new offices and commercial businesses in this area, there are various employment opportunities for residents seeking jobs. KR Puram also has lots of recreation centers, community centers, and parks. 

4. Electronic City

Electronic City is one of the high-tech and modern hubs in Bangalore and is known as the Silicon Valley of India. It has better connectivity to other parts of the city with well-developed highways. Some of the popular companies located in this area are Wipro, HCL, and Infosys. The proposed upcoming metro line 3 will offer better accessibility to Electronic City. In terms of real estate, Electronic City offers promising future growth and opportunities with increasing demand.

5. Yelahanka

Yelahanka is one of the most prominent and well-planned metropolises in Bangalore. It is located in closer proximity to Kempegowda International Airport. Yelahanka offers better connectivity through road and rail. The on-going metro phase 2 project will pass through Yelahanka and will improve connectivity. It has a robust infrastructure and rapid urban development. The presence of business parks and reputed companies in this area offers various employment opportunities for residents. The availability of all the necessary amenities and quality infrastructure makes it the best choice to buy residential luxury apartments. 

How Much Does it Cost to Buy Flats in Bangalore?

There are various factors that impact the cost of buying flats in Bangalore. Some of the key factors that should be validated while purchasing flats in Bangalore are the location, reputation of the builder, quality of the construction, available amenities and facilities, connectivity, and current real estate market trends. The table below represents the temporary cost of buying an apartment in Bangalore.

Affordable places to Buy Flats in Bangalore

The popular localities offering affordable flats for sale in Bangalore are listed. These localities are still emerging as a result of which the cost of flats is comparatively cheaper. 

List of Top 10 Builders in Bangalore 2024

Builders are one of the key factors when it comes to buying flats in Bangalore. This is because they overlook various significant aspects of construction. Some of the most important qualities and responsibilities of a builder includes delivering construction with excellent qualities, timely project completion, ensuring all the essential facilities and amenities are available, and the reputation. A few top builders with all these qualities in Bangalore are listed,

• Casagrand Builder Private Limited
• Sowparnika Projects & Infrastructure
• G Square Developers
• Puravankara Limited
• Shriram Properties
• Sobha Limited
• DRA Projects Pvt Ltd
• Brigade Group
• Prestige Group
• Nest Properties 

List of Some Popular Projects in Bangalore

A projects is considered best or popular because of the amenities it offers for the price range. A few of the best projects in Bangalore by the  top builders are,

• The Columns by Sowparnika in Whitefield
• Indraprastha by Sowparnika in Off Soukya Road
• Flamenco by Sowparnika in Sarjapur
• Casagrand Boulevard in Hennur Main Road
• Casagrand Loernza in Kogilu
• Purva Zenium in Hosahalli 

Common Amenities Offered by The Top Builders in Bangalore

The top builders in Bangalore offer a diverse range of amenities to provide overall satisfaction and comfort to the buyers. However, the availability and accessibility of these amenities might vary based on the cost of purchase. Some of the common amenities that apartments in Bangalore must have are,

• Laundry facilities
• Comfortable parking area
• Proper trash removal
• High-speed internet
• Security services
• Walking area & sufficient green space 

Apart from these high-end apartments in Bangalore also offer various other amenities like,

• Gym and fitness centre
• Indoor and outdoor games
• Swimming pool
• Playground
• Rooftop terrace
• Clubhouses 

List of Legal Documents to Check Before Buying an Apartment/Flats in Bangalore

Understanding the legal documents required to purchase apartments in Bangalore will facilitate and speed-up the purchase without any delay. Some of the legal documents to check before buying apartments in Bangalore are,

• Sale Deed
• Mother Deed
• Encumbrance Certificate
• Title Deed
• Building Completion
• Possession Certificate
• Building Approval Plan
• The Khata Certificate 

Newly Launched Projects in Bangalore in 2024 by Top Builders

Some of the newly launched and upcoming projects by top builders in Bangalore are listed, 

Insights About Bangalore 

Bangalore is one of the finest cities in India, experiencing rapid growth and development.  It is known as the ‘Garden City of India’ due to the presence of lush greenery with various famous parks like Cubbon Park, Nammerghatta National Park, and Lalbagh Botanical Garden. It is also known as the ‘Silicon Valley of India’ due to the presence of various IT technology parks and commercial businesses. It is also popularly known for having the world’s largest collection of books in the State Library, a 100-year-old heritage building. The presence of Bangalore Palace boasts intricate architecture with extravagance and splendour.     

Bangalore is also popular for its smart homes, co-living spaces for professionals, and affordable housing solutions. Apart from these, Bangalore also has reputed educational institutes, world-class healthcare facilities, and various new career prospects. All these factors contribute to significant real estate growth in Bangalore. Apartments in Bangalore are an ideal choice for home-buyers, due to the availability of all the essential amenities and infrastructural development.  

Location Advantages and Key Features: An Overview

• A property investment in Bangalore yields safe and higher returns, which can result in an extra source of income.
• Bangalore has better connectivity to other cities due to the presence of national highways like NH-4, NH-7, and NH-48 and the Bangalore suburban railway.
• There are two operational metro lines in Bangalore on Namma Metro: The Purple Line and the Green Line, which offer better commuting.
• Kempegowda International Airport, located about 30 km to the north of the city in Devanahalli, serves the city.
• It has top commercial hubs like Whitefield, Koramangala, Electronic City, and Marathahalli.
• It has an excellent road network with the presence of 115 state highways and 14 national highways with a total length of 311 km and 28 km, respectively.
• Some of the top builders in Bangalore presenting apartments for sale are Brigade Group, Prestige Group, Purvankara Limited, Casagrand Builder Private Limited, and Sobha Limited. 

Stamp Duty and Registration Charges to Buy Apartments in Bangalore

The stamp duty and registration charges to purchase apartments in Bangalore can be described as below,

• Stamp Duty Charges

1. 2% for properties up to 20 lakhs
2. 3% for properties from 21 lakhs to 45 lakhs
3. 5% for properties above 45 lakhs 

• Registration Charges

1. 1% of the property’s total market value 

• Additional Charges

1. Surcharge- 2% in urban areas for properties above 35 lakhs and 3% in rural areas for properties above 35 lakhs
2. Cess- 10%, rural areas exempted

Current Real Estate Market Trends in Bangalore

Bangalore is one of the most popular real estate hubs in India as a result of its rapid growth. As per the House Price Index by the Reserve Bank of India, the returns from real estate housing in Bangalore would be 8.9% after a period of 10 years. Some of the upcoming developmental plans that impact the real estate market and price trends in Bangalore are: the 518 km-long, 6-lane Bangalore-Vijayawada Expressway; the Bangalore-Chennai Expressway; and the Metro Rail Phase 2B project. As of now, the average price trends in the top localities in Bangalore with the property value increase in the last 10 years are: 

Disclaimer: This data is purely based on the Market research