Simple House Plans Under 5 Lakh: Affordable and Creative Designs for Your Dream HomeArvind PatelJan 17, 2026Table of Contents1. Compact Bungalow Design2. Two-Storey House Plan3. Minimalist Tiny Home4. Open Concept Studio5. Eco-Friendly DesignConclusionFree Smart Home PlannerAI-Powered smart home design software 2025Home Design for FreeBuilding a home on a budget of 5 lakh can seem like a daunting task, but with the right planning and creativity, you can create a beautiful, functional space that suits your needs. Here are some simple house plans that maximize space and keep costs low.1. Compact Bungalow DesignA compact bungalow is an excellent option for those looking for a single-storey home. With an open floor plan, you can combine your living, dining, and kitchen areas to create a spacious feel. Here are some key features:Size: Approximately 600-800 sq ftRooms: 2 Bedrooms, 1 BathroomMaterials: Use locally sourced materials to cut costsThis design can incorporate large windows to let in natural light, making the space feel even larger.2. Two-Storey House PlanIf you need more space, consider a two-storey house plan. This design can fit a family comfortably while remaining within budget:Size: Approximately 900-1200 sq ftRooms: 3 Bedrooms, 2 BathroomsDesign: Utilize vertical space with a staircase that doubles as storageBy having bedrooms on the upper floor, you can save on foundation costs and focus your budget on creating a cozy living area.3. Minimalist Tiny HomeTiny homes have gained popularity for their affordability and low maintenance. Here’s how you can create one:Size: 300-500 sq ftRooms: 1 Bedroom, 1 Bathroom, KitchenetteFeatures: Multi-functional furniture, like a sofa bedA tiny home forces you to declutter and live simply, which can be both liberating and cost-effective!4. Open Concept StudioAn open concept studio is perfect for singles or couples. It combines all living spaces into one:Size: 400-600 sq ftRooms: Studio layout with a bathroomDesign: Use partitions to create a sense of separation without wallsThis style enables easy flow and can be designed with smart storage solutions to maximize every inch of space.5. Eco-Friendly DesignConsider incorporating sustainable practices into your home design:Size: Varies depending on designMaterials: Use recycled or locally sourced materialsEnergy Efficiency: Proper insulation and solar panels can save costs long-termCreating an eco-friendly home not only saves money but also contributes to a healthier environment.ConclusionBuilding a house within a budget of 5 lakh is possible with careful planning and creative design. Focus on maximizing space and using cost-effective materials to bring your dream home to life. Home Design for FreePlease check with customer service before testing new feature.