Demand for rental properties in the Electronic City, Bangalore,
remains steady, thanks to the good number of job opportunities
created year after year. Presence of software sector, up-to-the-mark
infrastructure, and good connectivity have remained the major
contributing factors for steady progress of rental market. As far as
price rates are concerned, they vary from region to region. This blog
discusses about the average market rates for a three room residential
apartment on rent.
Central
Bangalore is one of the most expensive regions and a 3 BHK apartments for rent in Bangalore
can cost anywhere in Rs. 25000 and 1 lakh. For the tenants seeking
three bedroom flats in localities like Benson Town, Frazer Town,
Richmond Town, Indira Nagar, St. John Road may need to pay monthly
rental in 25-30 k bracket (starting rates). Over Levelle Road,
Vasanth nagar, Commercial Street, Queens Road, and Cook Town, the
starting prices are concentrated around 35-45k/month. Still higher
rates are prevalent in Palace Road, Coles Road, Aga Abbas Ali Road,
MG Road, Cambridge Layout: a three room apartment can cost a tenant
around 60-90k/month.
A
tenant looking for three room flats in East Bangalore has several
options. Whitefield, Maratahahalli, and Horamvu are the budget
localities. A three room apartment across these may cost a tenant a
monthly rent in 9-12k range. Residential properties in Bangalore across
Mahadevapura, Sarajapur Road, Doddankunte, Thippasandra, ITPL, HBR
Layout, and OMR (Old Madras Road) are available at monthly rental
lying in 15-20k range. 3 BHK properties at Indira Nagar, AECS layout,
and Kundanahalli come at higher monthly rentals.
South Bangalore houses some well-known localities such as Whitefield,
Jayanagar, JP Nagar, Banasahanakri, Hosur Road, and others. Tenants
can avail three room apartments in 10k-1 lakh bracket. For 10-15k
rental, the apt localities are JP Nagar, Electronic City, BTM Layout,
Hosur Road, and BTM. Rents in 15-20k are prevalent over Jayanagar,
HSR Layout, and Koramangala.
This blog was really helpful for me and I liked the information given in it. I have seen a similar blog related to this. One of the apartment is . they are the best builders in bhopal. . They into construction business from the past three decades so they have experience and people have trusted over them
ReplyDelete