Rates of 3 BHK Flats for Rent in Central and Northern Bangalore Properties

Bangalore is India's tier I city and is known for its cosmopolitan culture. The presence of a whopping large number of IT companies, along with several small and large-scale manufacturing units have rendered this electronic city an ultimate choice for white-collared professionals. Presence of Special Economic Zones and several IT Parks have played a larger-than-life role in contributing to its economic standard. The city also houses the headquarters of many PSU(Public Sector Undertakings). Aptly called 'Silicone Valley', the city contributes an elephantine proportion to country's software exports.

As the city sees a steady influx of population from other cities of India, the demand for rental properties here remains high throughout the year. Flats for rent in Bangalore are available at flexible price brackets and cater to all the segments of tenants. Here, we are going to consider three-room rental apartments in different parts of the city and their rental range present there. Let's talk about the city-center first. Its hot localities include Frazer Town and Richmond Road. While a 3 BHK house on rent is available at around 47K in Richmond Road, at Frazer Town, the renal range for such a property falls in 30-60k range.

But that is not all. Localities like Coles Road, Sishadripuram, Indira Nagar, and Ulsoor are the localities where tenants can expect monthly rentals below 30lacs. At Palace Road, Cook Town, Langford Town, Vasanth Nagar, and Queens Road, the rates are higher: the starting rentals in these areas falls in 30-50 lacs bracket. For expensive rental property in Bangalore, the areas to look forward are St .John Road, Aga Abbas Ali Road, Cunningham Road, and M.G. Road; at many of these, the rentals for three-room flat can cost up to 1 lac.

 

Now, let's have a look at the available rental options in North Bangalore. Some of the localities like Hebbal, Thanisandra, Yelahanka, and Dollars Colony are well-developed with a stronghold of software companies. These areas offer a wide rental range that can cater to both the low and the high segments of society. At Hebbal, Sanjay Nagar, Jalahalli Hill, Thanisandra, Hennur Road, RMV Layout, the houses with monthly rentals below 20k area available for hiring. Dollars Colony and Bellari Road offer above 20 k rents. In all of these areas, the upper rent can go up to 1-2 lacs. Yelahanka is an affordable area of North Bangalore, where rents as low as 7k can be expected, while the upper value can be as high as 90k.

Search flats for rent in Bangalore over the leading real estate website, Makaan.com. Search property in Bangalore, Chennai, Hyderabad and other Indian metropolitans and locate the one that fits within your budget.