Cost of 3 BHK apartment in Bangalore
The cost of 3 BHK apartments in Bangalore usually starts from ₹1.5 crores in faraway suburbs and can go over ₹4.5 Crores in top IT areas and luxury neighborhoods. As Bangalore grows, buying a home here means you need to know how areas, builders, and facilities affect the final price. Whether you want a simple home near your office or a luxury flat like Prestige Falcon City Luxe, this guide will show you the real costs of buying a three-bedroom apartment today.
Zone-Wise Price Breakdown for a 3 BHK in Bangalore
Property prices change quickly based on the area. The table below shows the average price per square foot and the total estimated cost for a standard 3 BHK apartment (around 1,500 to 1,800 square feet) in different parts of the city:
| Region | Popular Localities | Average Rate (per sq. ft.) | Total 3 BHK Price Range |
|---|---|---|---|
| East Bangalore | Whitefield, Sarjapur Road, Marathahalli | ₹9,500 – ₹15,000 | ₹1.5 Cr – ₹2.7 Cr |
| North Bangalore | Hebbal, Devanahalli, Thanisandra | ₹7,500 – ₹13,000 | ₹1.2 Cr – ₹2.3 Cr |
| South Bangalore | Kanakapura Road, JP Nagar, Electronic City | ₹7,500 – ₹12,000 | ₹1.1 Cr – ₹2.2 Cr |
| West Bangalore | Mysore Road, Rajajinagar, Kengeri | ₹6,000 – ₹9,500 | ₹90 L – ₹1.7 Cr |
Spotlight: 3 BHK Costs at Prestige Falcon City Luxe
For buyers who want premium homes in South Bangalore, Prestige Falcon City Luxe on Kanakapura Road is a great choice. This large project mixes high-end living with a shopping mall (Forum South Bengaluru Mall) and excellent transport options right outside.
1. 3 BHK Dimensions & Layouts
The 3 BHK flats in this luxury project are large. They range in size from 1,588 square feet to 2,140 square feet. You can choose between regular 3 BHK flats and larger units that come with multiple balconies and nice views.
2. Purchase Cost & Resale Dynamics
New Launch Cost: The builder's starting price for these luxury 3 BHK flats is ₹2 Crores and up, depending on the building, the floor you choose, and the view.
Resale Market Cost: Because many people want to buy homes in this project, resale prices are much higher. They range from ₹2.95 Crores to ₹3.60 Crores. This means the current market rate is about ₹18,000 to ₹20,300 per square foot.
3. Rental Income, ROI, and Resale Details
Monthly Rental Value: A semi-furnished 3 BHK flat here can bring in a high rent of ₹65,000 to ₹85,000 per month. Fully furnished flats with a pool view can even reach ₹1 Lakh per month.
Capital Appreciation (ROI): Buyers have made good profits because the project connects directly to the Konanakunte Cross Metro Station. Early buyers have seen their property value grow by 50% to 80% as square foot rates went up over the years.
Benefits of Investing in Prestige Falcon City Luxe
Buying a 3 BHK home in Prestige Falcon City Luxe gives you major benefits that keep your investment safe and in high demand:
- Direct Metro Connectivity: The project sits right next to the Konanakunte Cross Metro Station. This helps you avoid road traffic and reach central areas like Jayanagar very quickly.
- Integrated Retail Ecosystem: Having the Forum South Bengaluru Mall attached to the property means shopping, food, and movies are just a short walk away.
- High Open Spaces & Modern Amenities: The project keeps 80% of its land as open green spaces. It also features a large clubhouse, sports areas, and a rooftop swimming pool for a luxury lifestyle.
- Top-Tier Brand Equity: The Prestige Group is known for good building quality, on-time delivery, and great maintenance. Their homes grow in value faster and sell for better prices.
Key Factors That Influence the Cost
1. The Reputation of the Builder
Famous builders charge more money because they build high-quality homes and deliver them on time. Well-known brands like the Prestige Group offer top facilities, large clubhouses, and safe communities that justify their higher prices.
2. Connectivity to IT Hubs and Metro Lines
Flats near Outer Ring Road, Whitefield, and Electronic City cost more because they help tech workers save travel time. Living near a working metro station also adds 15% to 20% to the base cost of the property.
3. Additional Hidden Charges
The basic price of the flat is not the final amount you pay. You need to save money for extra fees that add 15% to 20% more to the total cost:
- Stamp Duty and Registration: Around 5% to 6% of the flat's value.
- GST: 5% for flats that are still being built (no GST for ready homes that have a completion certificate).
- Maintenance and Amenities: Advance fees for one or two years, plus costs for car parking and electricity or water connections.
