Understanding the Average Cost for 2 BHK and 3 BHK Apartments in Bangalore
Bangalore, often referred to as the Silicon Valley of India, offers a diverse range of housing options depending on the area, builder, and additional amenities. The cost of 2 BHK and 3 BHK apartments varies significantly based on these factors. This article explores the average pricing in different locations, highlighting key factors that affect the cost of these apartments.
Price Range for Buying and Renting 2 BHK and 3 BHK Apartments in Bangalore
Bangalore's real estate market is dynamic and fluctuates based on various factors. When it comes to buying 2 BHK apartments within the city limits, prices typically start from Rs 80 lakhs for newly built apartments in newer developments. Prices can soar up to 2-3 Crores in posh, gated communities, offering a range of luxury amenities.
In-City Limits
2 BHK apartments: Starting Rs 80 lakhs, ranging up to Rs 2-3 Crores 3 BHK apartments: Starting Rs 1 Crore, ranging up to Rs 4 CroresFor residents looking for a more affordable option in the outskirts or outer suburbs, a decent 2 BHK flat might start at Rs 50 lakhs to Rs 60 lakhs. A 3 BHK apartment here can range from above Rs 80 lakhs.
Rental Costs
The rental market in Bangalore is equally diverse. A 2 BHK apartment in good areas around the IT corridor or central Bengaluru may cost between Rs 25000 to Rs 50000 per month.
Influence of Key Factors on Pricing
Several key factors determine the cost of buying or renting a 2 BHK or 3 BHK apartment in Bangalore.
Builder Profile
A builder's reputation, especially one that is ISO certified and known for quality construction, can significantly impact costs. A 2 BHK apartment in north Bangalore constructed by a reputed builder with high-grade amenities (like backup power, gyms, covered parking, and security) can start from Rs 37 Lakhs.
Property Location
Location plays a crucial role. Properties in commercial areas or those with prime locations tend to be more expensive. For a 2 BHK in north Bangalore, with luxury amenities, the cost starts from Rs 37 Lakhs. In contrast, a 2 BHK in a less luxurious area might start at Rs 80 Lakhs.
Built-up Area
Built-up area influences the overall cost. A 2 BHK apartment can range from 875-1000 square feet. The built-up area also affects how spacious the living spaces are and how many amenities can be included.
Amenities and Facilities
Additional amenities like a backup power system, a gym, covered car parking, and security add value to the property, increasing the cost.
Choosing a Reputable Developer for Your Dream Home
If you are a homebuyer in Bangalore looking for a 2 or 3 BHK property, consult experts at ZAURYA REALTECH. They offer pre and post-sales real estate services, ensuring a hassle-free home-buying experience. By partnering with ZAURYA REALTECH, you gain access to only curated residential properties and plots that have been legally verified and government-approved.
ZAURYA REALTECH specializes in providing cost-effective solutions for homely needs. Their exclusive curated projects, like the Durga Nandana Shaurya Enclave near Yelahanka New Town in North Bangalore, offer spacious 2-3 BHK flats at competitive prices. Residents here can enjoy best-in-class facilities and amenities, making it an ideal choice for a dream home.
For more information on home buying in Bangalore, or if you are interested in our projects, contact ZAURYA REALTECH today. Get a taste of a hassle-free home buying experience with us!