The Price Variation of Three-room Flats for Rent in the City of Bangalore

The residential properties in Bangalore are still undervalued if compared to other tier -I cities in India. Though the city excels in IT sector and has a good demand for residential and commercial properties, the city's realty prices are still not competitive enough. Bangalore is basically a buyer-driven city rather than that investor-driven. The rental rates too have not increased over years. Let's see what a 3 BHK flat costs in different localities of this electronic city.

Three-room flats for rent in Bangalore in the northern localities generally fall in 15k-60k price bracket. The starting prices at Hebbal, HBR Layout, Sanjay Nagar, and Yelahanka mostly stand at around 15-18k. AT RMV, Banaswadi, Jakkur, the starting prices are a bit higher: they are centered around 20k per month. RT Nagar, RMV, and Yelahanka have flats that can cost you somewhere near 40-80K. Let's compare it with South Bangalore locations. As southern part mainly comprises of IT-driven colonies, the demand for properties, and their rate are higher. At HSR Layout, you can find a 3 BHK in a broad range of 22k-1lakh.

Koramanagla is another plush locality of South Bangalore that carries high prices. A three-room flats here comes in 24-70k bracket. Other prime localities like JP Nagar, Bannerghatta Road, Kanakapura Road, Jayanagar, Electronic City, and BTM carry high price segments. At Banaswadi, BTM Layout, Jayanagar, the upper limit is usually centered around 40k.

Prices of real estate in Bangalore in central part are highest if compared to other areas. The rate for 3 BHK residential properties here starts from around 30k. A few of such localities are Ulsoor, St. John Road, Richmond Road, Benson Town, Frazer Town, Vasanthnagar. At Richmond Road, Levelle Road, Cubbon Road, Queens Road, and Commercial Street, you will find three-room flats at the starting rate of 40-50k. Higher rates are prevalent in Cambridge Layout, Cunningham Road, MG Road, Coles Road, Aga Abbas Ali Road, and Palace Road: for a 3 BHK, expect the prices up to 90k to 1 lac per month.

Makaan.com features 2, 3, 4, BHK flats for rent in Bangalore across different price rates. Search online to find quarterly changing price rates for real estate in Bangalore.