Bangalore is a favourite destination for investors who are interested to invest in mid-range value properties. The average value of properties in this city starts from Rs 20-30 lakhs. The rising prices of realty are making home buyers anxious and as a result they are looking for apartments for sale in Bangalore at competitive price. Apartments of 2/3 BHK are in demand as developers are offering luxurious residential units with attractive payment options and also helping their customers in availing easy home loans and house insurance.
The city Bangalore is still developing and with the setting up of multination companies and new infrastructure there is an upswing in rental values. Moreover, with the coming up of metro in the city the connectivity to the IT parks have improved which further created the demand for apartments for rent. The demand for apartments for rent in Bangalore is especially due to the IT professionals working in the IT companies.
Even with the coming up of residential units, the availability of apartments for rent in Bangalore is limited. Professionals to find affordable rented accommodation are shifting their search to online realty portals instead of relying on real estate agents. Online realty sites offer the advantage to find rented accommodation offered at competitive prices. Finding a Bangalore apartment with specific to developers and localities has been made easy with these portals. A few of the realty sites are offering innovative services that help home buyers updated with the realty market and trending price. For example, Makaan.com, a leading realty portal that connects buyers and sellers, allow home buyers and sellers post their requirements on the websites and get alerts which help in making crucial property related decisions.
In many localities of Bangalore, the rental values for apartments with amenities such as parking lot, proximity to metro or malls cost a little higher. Moreover, the rental values of 2BHK varies between Rs 5000-Rs 8000 per month; value of 3BHK ranges from Rs 12,000-Rs15,000.
Instead of relying on real estate for rent accommodation, considering the services of online realty portal also helps in saving commission. Students who are seeking for apartments for rent in Bangalore can take the advantage of the services of realty portals and find PGs or rented accommodation the best suit their pocket. They can check the uploaded pictures of the apartments and decide whether to go for it or skip it.
Bangalore's real estate market has several diversified luxury residential projects that are just perfect as investment option.
previous post
next post