Buying a home at an affordable price is the dream of many homebuyers, and if you are hunting for the same, then luckily, we have got you covered. Unfortunately, scouting for real estate you can own without exhausting your savings is a tedious task. But with the right information in hand, it isn’t as challenging as it sounds. You will be surprised to know that, in today’s date, multiple affordable housing options are available in Tier-1 and Tier-2 cities.
From premium villas to pocket-friendly family homes, you can find a handful of affordable housing options in some surprisingly cool cities that we will uncover in this post. In short, we can say that the trick to buying an affordable home is to get the location right.
So, in order to help you streamline the search, we have compiled a listicle of 5 cool cities where you can buy a home under 30 lakh. From start to finish, each city will offer you amazing housing options as per your requirements and that too within your budget.
1. Noida
Noida is a planned city located in Uttar Pradesh. This city is also a part of the National Capital Region of Delhi. In the last few years, Noida has emerged as one of the most liveable cities in the country. With a growing real estate market, IT industry, and multiple other sectors, Noida has become one of the richest cities in India, with excellent amenities and up-to-date infrastructure. With home to so many famous institutions and organisations like the media sector, hospitals, and films, Noida is the best city to live in if you are looking for affordability along with luxurious living.
Some of the most affordable localities to buy a home in Noida under 30 lakhs involve Sector 73, Sector 45, Sector 49, Noida Central, and Sarfabad Village. In these 5 localities, you can find properties at jaw-dropping prices. From family-friendly parks to high-end restaurants, all these areas in Noida have spaces suited for all sorts of requirements.
2. Hyderabad
Another cool city where you can buy a home under 30 lakh is Hyderabad in Telangana. Hyderabad is rapidly teeming with working professionals, thanks to the city’s ever-growing IT hubs. Despite the growing population, Hyderabad is amongst the most inexpensive and low-cost cities to buy a property in India.
Famous localities in Hyderabad like Manikondam Kukatpally, Sainikpuri, etc., have no dearth of residential and commercial projects at pocket-friendly prices. Hyderabad is a Tier-1 city that boasts of excellent infrastructure. The city is well on its way to becoming the most preferred city for the people who want a decent quality of life. A uniquely positive thing about living in this city is that the population is evenly divided inside the city, so there’s hardly any traffic congestion on the road.
3. Chennai
Chennai on the Bay of Bengal is one of the most preferred cities where you can buy a home under 30 lakhs. With more than 9 million people living in Chennai, the city ranks as the fourth most populous city in India. Chennai is one of the biggest cities in India that is widely famous for cheaper housing options, low-cost food, rich culture, educational heritage, excellent job opportunities, and much more. The average cost of living in the city is approximately Rs. 35,000 per month, making it one of the best yet most affordable cities to live in India. Thanks to the city’s appealing job opportunities, affordable cost of living, and low-cost housing options.
4. Indore
Indore in Madhya Pradesh is well known for its real estate market as the city offers affordable housing options to prospective homebuyers looking for a home under 30 lakh. Indore, often called the “Mini Mumbai,” offers many housing options, from townships to apartments. Along with having a pleasant climate, this city in Madhya Pradesh is also well-developed and boasts plenty of higher education institutions, hospitals, corporate offices, shopping complexes, and much more.
Besides this, Indore is a lively happening city that welcomes new opportunities, expands its horizons, and creates an enhanced quality of life. From studio apartments to villas, every property under 30 lakhs in Indore seems promising to deliver a higher ROI.
5. Jaipur, Rajasthan
Last but not least, Jaipur is one of the famous cities where you can buy a home under 30 lakhs. It is an affluent city that is highly driven by tourism all year round. Being the capital city of Rajasthan, Jaipur has a high-quality standard of living and provides the residents with world-class amenities.
In addition to this, the loan affordability index of the city is much more than both Mumbai and Delhi. So, if you wish to invest or buy a property in India under 30 lakhs then the pink city is the best option for you.
Buying a property in India under 30 lakhs can be tremendously rewarding, especially when done right! The remote-work culture and post-COVID-era have levelled the playing field, so you can now invest in affordable housing options in Tier-2 cities as well. If you wish to buy a property in India now and need a trusted partner by your side, Clicbrics is here for you! With years of experience and a broad customer base, Clicbrics will help you find your dream home under 30 lakhs as per your requirements. So, don’t wait much and get in touch with us now.
Also read: The upcoming real estate trends of 2022-2023 you must know