Thursday 10 October 2013

Bangalore Properties: Price Trends for a Single Room House for Rent

There is no dearth of demand for rental house in Bangalore, thanks to the efficient infrastructure, fair commutation facilities, and a well-established IT sector. The northern, southern and eastern parts of the city have a plethora of single-room rental properties. In terms of prices, there are too many options, though the rates are almost the same in different regions.

A house for rent in Bangalore in the city center is available between the range 4k-12k. The most preferred localities in this part are Frazer Town, Cox Town, and Indiranagar. While the monthly rentals in the later two are somewhere around 3-4k. In Frazer Town, an 800 sq. ft. ,single-room BHK can be hired at around 12-15k, along with a deposit of one lakh. Then we come to West Chennai,where the tenants would be able to get hold of affordable properties. The rates in localities like Vijay Nagar, Basaveshwaranagar, Madalpalya, RPC Layout lie between 5k and 8k, though the lesser prices too in these areas are also available.

The real estate Bangalore in West, North, and South has flourished well in terms of rental properties. The eastern region, where there are fully-developed localities like C.V. Raman, Marathahalli, GM Palaya, Doddanakunte, and KR Puram, the rental rates for a 1 BHK varies anywhere between 5k and 13k. A 600 sq. ft. ,single-room flat at Kundanahalli can cost you around 12-13k. The low-cost localities are Rammurthi, AECS, Whitefield, Old Airport Road, and Kodihalli.

Major localities of South including Jayanagar, Koramangla, Giri Nagar, Padmanabha, BTM Layoiut, Atibele, JP Nagar, and Electronic City. In this particular region , the demand for a house for rent in Bangalore is pretty high: most of the areas have a strong foothold over IT and industrial sector. Depending upon a particular locality, the range can go anywhere between 4k and 15k, though these values are flexible.

No comments:

Post a Comment