Monday 16 December 2013

Prices for 2 BHK Flats for Rent across Different Localities of Bangalore

Bangalore is sitting over a pile of unused or vacant properties. More than a lakh properties get leased every year in the Electronic City. In light of the fact that Indian economy is under an economic crisis, with rates of commodities gone through the roof, it is hard to expect that these inventories will see a good number of tenants. But the reality is something else. As they city's low and middle income groups thrive largely on rental properties, the demand for these remains on the higher side of the graph. To allure the tenants, the developers too have come out various plans like free-rental periods and cut rates. Presently, the propensity among the tenants is for small-sized residential properties.
Let us consider rental rates for 2 BHK realestate Bangalore properties in city center. The hot localities like Indira Nagar, Benson Town, and Sarjapur Road offer the starting rental rates in 12-18k range. The higher rental rates can be expected in Frazer Town, Cook Town, and Cunningham Road: the monthly rental in these localities start anywhere in 20-25k range. Some of the other localities where tenants will find high rentals include Langford Town, Brunton Road, Jayamahal and Coles Road. Queen Road and Levelle Road have high-end properties with rent ranging between 30-45k bracket.

Flats for rent in Bangalore in North carries some prominent localities that tenants mostly seek. The rents in this region is mostly affordable with rates as low as 7k. R.T. Nagar Yelahanka, Hebbal, Dollar's Colony, Thanisandra, and HMT Layout carry the monthly rentals between 7-25k. At Hebbal, however, two-room leased properties can cost up to 35k/month. Towards East, the affordable colonies for the tenants of 2 BHK apartments include names like Marathahalli, Whitefield, Banaswadi, CV Raman, Mahadevpura, Kundanhalli, and KR Puram: rentals in 8-12k range in most of these prominent localities. However, at Indira Nagar, AECS Layout, Whitefield, and Marathahalli, the upper limit can reach up to 25-45k.
Look for flats for rent in Bangalore over Makaan.com, the real state portal based in India. Participate in forums based on realestate Bangalore and gain insight into property trends.

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