Southgate EC
Electronic City Phase 2·Silverline Habitat
The lowest entry point on my panel, and the one I place most first-time buyers into.
Configurations
| Type | Saleable area | Indicative price |
|---|---|---|
| 2 BHK | 1,105 sq ft | ₹71 L |
| 3 BHK | 1,520 sq ft | ₹97 L |
What I like about it
- A 2 BHK inside the city, on a metro line, under ₹75 L. There are very few of those left and they will not last.
- The developer's Phase 1 next door handed over on time and is fully occupied — you can walk it before you decide.
What I would flag
- Electronic City lives and dies by two employers. Understand that concentration before you sign.
- Phase 2 traffic at 6pm is worse than the map suggests. Do the drive on a Wednesday, not a Sunday.
Every project on this site carries both lists. If a page ever shows only the good half, close it — someone is selling you something.
Highlights
- ₹6,400/sq ft under construction
- 1.6 km to Hebbagodi metro
- 10 minutes to Infosys / Wipro EC
- Qualifies for PMAY where eligible
The corridor
Electronic City & Bommasandra
₹5,800–8,000/sq ft · 6.5% YoY
Yellow Line (RV Road – Bommasandra) operational
One employment cluster carries this market. If your job moves east, your commute doubles overnight.
Everything in Electronic CityWhat Southgate EC actually costs you, all in.
Karnataka stamp duty is 5% at this value, plus 10% cess and 2% surcharge on the duty, plus 1% registration. Banks fund the agreement value only — every one of those charges is out of your pocket on registration day.
Cash needed on day one
₹26 L
₹18 L down + ₹8.6 L charges
Monthly EMI
₹46,212
₹46,212 · 20 yr @ 8.50%
All-in cost of ownership
Brokerage to you ₹0₹80 L
₹79,63,600
GST adds ₹3.5 L here. On a tight budget that single line is often the argument for buying ready inventory instead — it is the first thing I model for a client.
Over 20 years you repay ₹1.11 Cr, of which ₹58 L is interest. Shortening the tenure to 15 years saves you roughly ₹17 L.
Planning estimate only. Stamp duty, cess and GST rates change; your lender's processing fee, insurance and any parking or corpus charges sit on top. I will give you the exact figure in writing before you pay a token.