Who builds budget friendly apartments in Bangalore?

 


To begin with, Bangalore has many builders and developers of a wide spectrum. They develop both residential apartments in Bangalore, as well as commercial projects. There are builders who are coming up with studio apartments and condos. At the same time, there are real estate companies coming up with luxury 3 and 4 BHK apartments.

 

It all depends on the buyer persona and the target audience. Top builders and developers are building apartments in Bangalore, targeting first-time home buyers. People who are buying homes for the first time in their lives will look for budget-friendly apartments with all the required amenities.

 

Budget-friendly apartments in Bangalore will come with amenities such as a clubhouse, a jogging track, and a children’s play area.  As we mentioned earlier, the budget in finalizing a budget-friendly apartment in Bangalore totally depends on the buyer. If the buyer has a budget of 50 to 60 Lakhs, they can finalize a 2 or 3BHK apartment in Bangalore with standard amenities.

 

At the same time, if the budget of the buyer is not willing to cross say 30 Lakhs, then he or she can finalize on a 2BHK apartment in Bangalore. This can be on the outskirts of the city with standard amenities offered with the project.

 

The best way to understand who build budget-friendly apartments is as follows.

 

1. If your builder/developer is a renowned one. Reputed developers are coming up with a lot of budget-friendly projects to meet buyer requirements. They are giving a very good price in the market. The advantage of buying from a reputed builder is that you can trust them with quality of construction and the buying procedure.

 

2. If the project is of 1 or a 2BHK apartments. 1 or 2BHK apartments in Bangalore are under a very marginal price starting form 15 Lakhs a unit to 50 Lakhs a unit. These are the units that are most prominently sold to buyers that are looking for jobs or education in Bangalore.

 

3. If the project is kind of in the outskirts of the city. A project when developed in the outskirts of the city, attracts a lot of buyers that are looking for a long-time investment in apartments in Bangalore. These projects sell at a lesser price because of their location. Nevertheless, in the long run will bear fruit because of the growth in the market.

 

4. If the buyer is ready to compromise on a couple of amenities in the project. If the buyer feels amenities like swimming pool, car wash bay, gymnastics room are not important, they can go for a project with lesser amenities, that suits their taste and choice. This will result in a win-win situation for the buyer and the developer. The buyer finds his or her dream home within their budget. Also, the developer succeeds in delivering the project to his target audience.

 

We at SGR Buildtech are coming up with various projects across Bangalore, to fit the requirements of an array of home buyers, follow our website for more details on upcoming projects.

 

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