2 BHK Flats in Bangalore for Sale - P197

Explore 2 BHK Flats in Bangalore with Square Yards. Our premium catalogue provides the best 2 BHK in Bangalore for sale within your budget range in prime locations. From cosy flats to luxurious apartments, each residence signifies quality craftsmanship and architectural finesse. One can find 2 BHK available in prominent localities like Mysore Road, Kengeri, Bannerghatta Jigani Road, Nelamangala. Take a detailed look at the 2 BHK in Bangalore, listed by owners and agents, offering properties with top-notch amenities. - Page 197

Best Locations to Buy a 2 BHK Flat in Bangalore

Bangalore, the IT hub of India, is experiencing rapid growth, making it a prime location for homebuyers. If you are looking for a 2 BHK flat in this vibrant city, you have come to the right place. With different options available, choosing the perfect location can be overwhelming. Square Yards is here to simplify your search. Based on connectivity, amenities, and future growth potential, we have curated a list of the best locations for a 2 BHK flat for sale in Bangalore. Whether you are a first-time homebuyer or looking to upgrade, our expert insights will guide you towards making an informed decision. 

Whitefield, Bangalore

Whitefield is situated on the eastern periphery of Bengaluru. It has become a prime location for buying a 2 BHK flat in Bangalore. Known as the IT hub, it offers excellent connectivity with major tech parks and business parks. The residential market here is mainly end-user-driven, offering a mix of completed and ongoing projects. The Whitefield Main Road, SH-35, Old Airport Road, and the Whitefield Railway Station facilitate connectivity to the rest of the city. The area also features excellent social and retail infrastructure, including top-notch educational institutions, hospitals, and shopping centres, ensuring a high-quality living experience.

Flats for Sale in Whitefield, Bangalore

JP Nagar, Bangalore

JP Nagar is a prime choice for those looking for a 2 BHK for sale in Bangalore due to its exceptional blend of residential comfort and urban convenience. This well-established neighbourhood offers excellent connectivity to major IT hubs like Electronic City and Bannerghatta Road, making it ideal for professionals. The locality is also renowned for its scenic lakes like Sarakki Lake and Puttenhalli Lake, adding to its natural charm. The area features impressive physical infrastructure, including parks and wide roads. It is well-connected to the Bengaluru City Junction Railway Station, with the nearest bus stop at JP Nagar's 3rd Phase Bus Stop, located off the bustling Outer Ring Road. The Kempegowda International Airport is 44 kilometres away. The BMTC bus service provides efficient connectivity to other parts of the city. Additionally, one can find several restaurants, cafes, and recreational facilities, enhancing residents' quality of life. Its strategic location and convenience make JP Nagar a demanding residential area in Bangalore.

Flats for Sale in JP Nagar, Bangalore

Sarjapur Road, Bangalore

When searching for a 2 BHK for Sale in Bangalore, Sarjapur Road stands out as an ideal location due to its strategic connectivity, burgeoning infrastructure, and thriving social amenities. It is a fast-developing locality in Bengaluru with good road connectivity to key IT cluster areas like Marathahalli, Whitefield, and Electronic City.  Sarjapur Road is connected to other major roads in the city, such as ORR, Hosur Road, and SH-35, improving the overall connectivity here.  The area has seen significant real estate development, offering a wide range of modern residential projects with world-class amenities. The neighbourhood boasts excellent educational institutions, such as Indus International School and Oakridge International School, and reputed hospitals like Columbia Asia and Motherhood Hospital. Moreover, the green spaces and serene environment add to the charm, making it an ideal place for families to settle. 

Flats for Sale in Sarjapur Road, Bangalore

Hebbal, Bangalore

Hebbal, Bangalore, stands out as a top choice when looking for a 2 BHK for sale in Bangalore, thanks to its superb connectivity, robust infrastructure, and peaceful ambience. Once marking the city's northern boundary, this neighbourhood is now renowned for its intricate network of flyovers connecting the Outer Ring Road and Airport Road on NH 44. While originally famous for Hebbal Lake, today, it is equally noted for its accessibility via BMTC buses, offering routes to nearly every part of Bengaluru. Hebbal is also a convenient stop for airport travellers and houses a small railway station, further enhancing its connectivity. 

Flats for Sale in Hebbal, Bangalore

Devanahalli, Bangalore

Devanahalli has become a prominent choice for those looking for a 2 BHK for sale in Bangalore. About 40 kilometres northeast of Bengaluru, Devanahalli is home to the Kempegowda International Airport. The area is on the brink of transformation with the upcoming Devanahalli Business Park and two IT Parks spanning nearly 400 acres near the airport. As a key area in the Bengaluru Rural district, Devanahalli is experiencing significant growth and features several residential projects that offer modern housing options. The locality boasts excellent connectivity through major highways and future metro lines, providing easy access to Bengaluru’s main commercial and IT sectors. With renowned educational institutions, healthcare facilities, and recreational centres in the vicinity, Devanahalli is an attractive investment destination for families and professionals.

Flats for Sale in Devanahalli, Bangalore

About Bangalore

Situated in southern India on the Deccan Plateau, Bangalore, also called Bengaluru, enjoys a pleasant climate year-round. It is also known as the ‘Silicon Valley of India’ due to its status as the country's top IT exporter. The city hosts the headquarters of major Indian tech organisations, including ISRO, Wipro, Infosys, and HAL. Additionally, Bangalore is famed as the ‘Garden City of India,’ featuring two renowned botanical gardens, Lal Bagh and Cubbon Park, that draw several visitors throughout the year.

The city's real estate market is diverse, catering to many buyers and investors with options ranging from luxury villas and high-end apartments to affordable housing and commercial spaces. Key residential areas like Whitefield, Sarjapur Road, Electronic City, Hebbal, and North Bangalore are popular due to their proximity to IT parks, educational institutions, and healthcare facilities. The demand for gated communities and integrated townships is rising, providing residents with modern amenities, security, and a sense of community. Affordable housing projects are also gaining traction, especially in the outskirts, catering to the growing middle-class population.

Most families and individuals choose to rent properties in Bangalore, which has top rental localities, including Electronic City, Sarjapur Road, Bannerghatta Road, HSR Layout, and Bellandur. The rental rates for 1 BHK, 2 BHK, and 3 BHK residential flats in these areas are quite reasonable.

Stamp Duty and Registration Charges in Bangalore

The stamp duty and registration charges in Bangalore differ from those in other cities and states. Typically, stamp duty ranges between 3% and 5% of the property's market value, while registration charges are between 1% and 3%.

To stimulate the real estate market, the Karnataka government amended the Stamp Act, of 1957, reducing the stamp duty rate for properties priced between Rs 21 lakh and Rs 45 lakh to 3%. Properties valued under Rs 20 lakh will have a stamp duty of 2%. However, this reduced rate applies only to the first-time registration of these properties.

Market Trend for Bangalore Real Estate

Bengaluru, renowned for its IT sector filled with established tech giants and innovative startups, has seen substantial economic and real estate growth. The city has transformed remarkably, making its residential property market a focal point of attention. Today, Bengaluru is a prime destination for IT professionals and an attractive option for real estate investors. In the first quarter of 2024, the city's new supply of residential units declined quarter-on-quarter and year-on-year. Approximately 10,000 units were launched in Q1 2024, reflecting a 23% decrease in new supply compared to Q1 2023. Additionally, there was a significant 21% decline in new supply from the previous quarter, Q4 2023, highlighting a considerable reduction in the number of residential units entering the market.

Circle Rate in Bangalore

The circle rate, the guidance value, is the minimum rate at which a property can be registered in Bangalore. The Karnataka state government determines it and varies based on the location, property type, and other factors. The circle rate is crucial as it impacts stamp duty calculation and registration charges during property transactions.