If you are looking to buy your first home or upgrade from your starter home, as usual, we will come along with you on your journey. We discuss some of the top affordable homes in the cities of Bengaluru, Chennai and Hyderabad.
In Bengaluru
Begur Road
With the explosion of the IT industry and expansion of Bengaluru towards the south, Begur has become a much sought after location. With easy access to Electronic City and Bannerghatta Road, it promises a viable option for professionals. It is also removed from the hustle-bustle of the city and affordability makes it quite appealing. Begur is connected to the city via five major roads viz. Begur-Jigani, Begur-Hosur, Begur-Bannerghatta, Begur-Bommanahalli and Begur-Electronic City. Multiple BMTC buses ply through the area for transport. The Bengaluru City station is 15 kms away.
Real Estate – Average price of properties on Begur Road is Rs 3,690 per sq. ft.
There are adequate supermarkets, multiple banks and ATMs in the locality. Schools include St Francis School, St. Mary Crescent English School and Government High School among others. Colleges such as Oxford College of Nursing and Oxford College of Pharmacy are in the locality. Jayasree Multi Specialty hospital, Begur Government hospital and Eshwari Dental Clinic are some medical facilities here.
The 1,100-year-old Panchalingeshwara temple is located here.
Electronic city phase 2
This is the second phase out of three phases of Electronic City. Situated in southern Bengaluru, this location was the vision of R.K.Baliga who wished to convert the city into the Silicon Valley of India. Now home to a lot of IT offices, the locality has easy access to Silk Board via the elevated expressway. The NH 7 and Hosur Road also enhance connectivity to other parts of the city. BMTC buses help with connectivity. The nearest station is 9km away at Heelalige station.
Real Estate – Approximate sale price of property in Electronic City is Rs 3,220 per. sq. ft.
While schools and colleges in the area are few, Phase 1 has more options. Hospitals are at accessible distances from the locality.
K R Puram
Krishnarajapuram or KR Puram is a historically significant location in Bengaluru. The weekly market or santhe has been conducted here for the past 150 years. The Vengayyana lake is situated in the centre of this locality. KR Puram enjoys excellent connectivity to Old Madras Road and Outer Ring Road. Aside from the KR Puram railway station, there are also plenty of bus options.
Real Estate – Approximate price of real estate in KR Puram is Rs 4,270 per sq. ft.
Schools such as Amara Jyothi Public School, St. Antony’s Public School and Cambridge School are located here. S.E.A. College of Engineering and Technology, Government First Grade College and Gopalan College of Engineering and Management are some of the colleges in this locality. Hospitals include KR Puram Super Specialty Hospital, Patil Hospital, Sri Ram Hospital. Temples, mosques and churches are at accessible distances.
In Chennai
The below is a list of affordable localities in Chennai.
Urapakkam
Located on the NH4, Urapakkam is a growing locality in Chennai. It is flanked by Tambaram and Chengalpet. Urapakkam enjoys connectivity with Tambaram, OMR, Outer Ring Road, Oragadam, Guduvancheri, Vandalur and Sriperambudur. There are adequate buses plying through the area. The suburban railway also connects the Urapakkam to other major parts of the city.
Real Estate – Properties in Urapakkam are priced at an average of Rs 3,990 per sq. ft.
Urapakkam is well-equipped with amenities. Schools in Urapakkam include Sri Sankara Vidyalaya, Neelan Matriculation, Holy Sai International, Emmanuel and the Government school among others. The closest colleges are in Vandalur and Kanchipuram regions. Arokia Annai Hospital, Kiruba Homeo Clinic and Thalir Hospital are the medical options available.
Chromepet
Chromepet is located in the southern part of Chennai. It is close to Tambaram and Pallavaram. It got its name as it was once home to Chrome Leather Company. Since the Grand Southern Trunk (GST) road runs through the area, it is easily accessible by other parts of the city. The suburban railway connects Chromepet to other areas. There are plenty of buses that ply to and from the location.
Real Estate – Average buying price of real estate in Chromepet is Rs 4,990 per sq. ft.
There are multiple supermarkets and brand outlets, banks and ATMs, as well as film theatres. Schools in the area are aplenty. Colleges include Madras Institute of Technology, SDNB Vaishnav College for Women, Tagore Arts and Science College, IRT Polytechnic and more. Hospitals in Chromepet include the Government General Hospital, Sree Balaji Medical College and Hospital, Parvathy Hospital, Subhiksha Hospital and so on.
Madhavaram
With increasing popularity of north Chennai, Madhavaram has been getting an increasing amount of attention in real estate. The NH 5 passes through the area. The locality is well connected with buses, autos and the Perambur railway station is reasonably close.
Real Estate – Average price of properties in Madhavaram is approximately Rs 4,500 per sq. ft.
There are several stores and supermarkets in Madhavaram. Schools in the area include Vruksha Vidyaashram, Bosco Academy, St Anne’s Girls School, Government Higher Secondary School and more. Colleges include Agarsen College, Tamil Nadu Veterinary University and Tamil Nadu Government Cooperative Staff Training College. The two hospitals are St Anthony’s Hospital and Murari Hospital. There are also clinics and nursing homes. Madhavaram boasts a 1,300-year old Shiva temple.
In Hyderabad
The below is a list of affordable localities in Hyderabad.
Nizampet
Nizampet is a rapidly expanding suburb near Hyderabad’s IT corridor. The proposed Outer Ring Road is close to Nizampet. TSRTC buses connect the area to other locations in Secunderabad and Hyderabad. The closest MMTS stations are at Hitech city and Hafeezpet. The proposed metro terminal and intercity bus terminus in Bachupally are also expected to enhance connectivity.
Real Estate – Average buying price of property in Nizampet is Rs 2,410 per sq. ft.
Plenty of stores and supermarkets are available. Proximity of the locality to areas such as Kukatpally, Bachupally and Miyapur offers easy access to shopping areas. Schools in the area include Ravindra Bharathi School, Laurus – the School of Excellence among others. Adjoining localities have additional options. Vishwa Bharathi College of Engineering, BVRIT engineering college are some of the colleges in the vicinity. Apollo Clinics, Metro Hospital and Nest Children Hospital are some of the hospitals here.
Manikonda
Situated close to Hitech City and Gachibowli, Manikonda is a locality targeted by IT professionals. Affordable properties, proximity to work places and plenty of amenities make it a desirable address. The Outer Ring Road is at an accessible distance which makes connecting to other parts of the city simple. Buses, both state-run and private, are available. The closest MMTS station is at Hitech city.
Real Estate – Approximate buying price of property in Manikonda is Rs 3,060 per sq. ft.
The Shaikpet Nala shopping mall offers entertainment and shopping options. There are also multiple metroplexes and restaurants in the area. Schools in the area include Mt Litera Zee, Gautami Talent School, Lotus, Scholars and Lakshanika International School. Colleges are at accessible distances. Prerana Hospital, U-Needs Hospital, Balaji Hospital and Shobha Hospital are some medical options.
Kondapur
Kondapur has seen spill over of residential population from Hitech city and Gachibowli resulting in improved infrastructure. Affordability and proximity to IT offices enhance the desirability of the area. NH 9 and Outer Ring Road provide good connectivity. Additionally, Old Mumbai Road, Gachibowli-Miyapur Road and Hitech City road ensure easy access to different parts of the city. State-run buses are aplenty in the region. The closest railway station is at Hafizpet.
Real Estate – Approximate price of property in Kondapur is Rs 3,910 per sq. ft.
There are multiple brand outlets, supermarkets, theatres and restaurants in Kondapur. Schools in the locality include Maharishi Vidya Mandir, Arbor International School, Jain Heritage – A Cambridge School and Mount Carmel Global School. There are a few colleges in the vicinity. KIMS, Government Area Hospital, Apollo Clinic and Ambicare Clinic are among the medical facilities.
We hope our list can help you in the search for your home.
Good Luck!