Having an established life in Bangalore is a dream for almost everyone, silicon valley of India attracts professionals, students, and families alike from worldwide. Now, Bangalore is one of the fastest-growing cities of India and this is also known as the 5th Mahanagar of India.
With its rapid development and booming real estate market, the demand for affordable housing has become a significant aspect of the city’s growth. For first-time homebuyers and middle-income groups, Middle-class people, finding budget-friendly options amidst skyrocketing prices is a priority.
To address this need, both the government and private developers have stepped up to provide solutions that make owning a home in Bangalore more accessible.
Feedsbase is a real estate publisher, and in this blog, we will walk you through the available affordable housing options and help you make an informed decision.
Affordable housing in Banglore means apartments or homes are within the reach of salaried people like the middle-income segment, young professionals, and first-time homebuyers.
If you are one of them here’s what makes a home “affordable”:
Affordable housing is more than just a roof over your head-it represents security and investment potential for individuals and families on a budget.
Affordable Apartments:
Key locations like Electronic City, Whitefield, and Kanakapura Road are hotspots for budget-friendly apartments. These areas offer:
Affordable Housing Societies:
Co-operative housing societies provide cost-effective living solutions with shared resources. Benefits include:
Government-Subsidized Housing:
PMAY and BDA projects offer homes at lower costs compared to market rates. Locations like Sarjapur Road and Hosur Road feature government-approved projects with transparent pricing.
Financing Options: Calculate your EMIs and check your eligibility for subsidy schemes under PMAY.
Consult Local Agents: Real estate agents specializing in affordable housing can provide personalized recommendations.
Bangalore offers a range of affordable housing options, from government-subsidized schemes to budget-friendly apartments in prime locations. Whether you’re a first-time buyer or looking for a cost-effective upgrade, there are plenty of choices to suit your needs.
Explore these opportunities today and take the first step toward owning your dream home in Bangalore. Start your affordable housing journey now—reach out to us or browse our curated list of projects!
To qualify for PMAY in Bangalore:
Affordable apartments in Bangalore typically range between ₹20–50 lakhs, depending on the location, size, and developer.
Some of the best areas for affordable housing include:
Kanakapura Road: Emerging affordable housing options with easy access to the metro.
To apply for a BDA housing project:
Yes, banks and financial institutions offer home loans for affordable housing. If you qualify under PMAY, you can also avail of interest subsidies up to ₹2.67 lakhs under the Credit-Linked Subsidy Scheme (CLSS).
Affordable apartments usually range from 500–1,200 sq. ft., catering to small families and individuals seeking compact homes.
Co-operative housing societies provide:
Visit the official RERA Karnataka website and search for the project using its registration number or name. RERA approval ensures the project is legitimate and follows compliance rules.
Affordable housing should offer essential amenities such as:
The future of affordable housing in Bangalore looks promising with: