The Electronic City, Bangalore, has always occupied a
catbird seat as far as the real estate market is concerned. Though the
prices have not budged from their place from several years, the realty
market's performance is recorded better if compared to other tier-I
cities of India. The demand for rental residential flats remains on
higher side of graph, thanks to good employment opportunities,
state-of-art-infrastructure, excellent connectivity and well-developed
localities. Rental properties are the ultimate choice for tenants who
have expatriated from other cities. The rates are flexible and the city
has something to offer to tenants from different income brackets. Before
hiring on rent, one must be aware of the ongoing price trends. This
blog post throws light on rental rates are prevalent over different
parts of the city.
Two BHK flats for rent in Bangalore
in western region are generally available in 5-20k price bracket. For
tenants looking for inexpensive options can make a hunt in
Basaveshwaranagar and Yeshwantpur. The starting prices over these areas
are concentrated in 6-10k range. Residential properties with monthly
rentals are prevalent in Vijay Nagar, Munishwara Layout, Malleswaram,
and Kengeri.
Residential property in Bangalore in northern region too is available across variable price brackets. While the starting prices prevalent over RT Nagar, OMBR Layout, Kamanahalli, Ganga Nagar, and Rammurthinagar fall in 3-10k bracket. Hebbal, Banaswadi, Jakkur, Yelahanka, Horamvu, Amrutahalli, Thanisandra, and J.C. Nagar are the prime localities of North Bangalore: the rental rates for two room flat fall in 10-15k segment.
South
Bangalore's affordable locations are BTM Layout, Kanakapura,
Koramangala, Electronic City: a 2 BHK can be hired at a rental as low as
7-8k over these localities. For hiring flats for rent in Bangalore over Hosur Road, Begur Road, Bellandur, Arekere, and Basavgudi, tenants must expect higher prices.
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