Property for Rent in Bangalore

Bangalore is the capital of Karnataka state, and the epicentre of India’s high-tech industry. Renowned for its parks and nightlife, the city is also popular for its former residences and excellent social infrastructure. With various weekend getaways, the IT capital of India has become one of the most preferred locations where people from all over India migrate for different purposes. Most of the populace migrates to Bangalore to pursue their dreams, whether they are an entrepreneur, a student, or a working professional.The rapid industrial growth, smooth connectivity to the neighbouring suburbs, and the sound foundation of the city are the reasons why people prefer renting a house in  Bangalore.

Factors such as proximity to NH 4, NH 75, an international airport, favorable tax policies, and several other reasons have paved the way for Bangalore's rental estate boom. Whitefield, Horamavu, Mahadevpura, Bellandur, Electronic City, and Marathahalli, Kaggadasapura are some of Bangalore’s core micro-rental markets which are known for rental spaces just like IT parks, coworkings, and office spaces, which include major commercial and residential spaces.

Market Trend for Rent in Bangalore

The market trend for rent in various localities in Bangalore is as follows:

Including the neighboring suburbs, Bangalore is a well-established industrial center. It is a hub of multinational companies just like IBM, Apple iNdia Pvt. Ltd., Lenovo India Pvt. Ltd., Accenture, Microsoft India Corporation India Pvt. Ltd., Infosys, TCS, Deloitte, Mahindra, Capgemini, and numerous others. Moreover, the city still attracts several entrepreneurial investors to slay their startups amidst the skilled crew.

Besides being a major employment hub, Bangalore is also known for many reputed educational institutions and houses over 800 colleges, the highest in India. The world-renowned traffic jam of Bangalore makes people rent a dwelling close to their college or office for an easy and fast commute. The house rental price in Electronic City, Bangalore, for 1 BHK starts at Rs. 6,500 for 650 sq. ft., whereas the same configuration in Marathahalli would be Rs. 5000 for 570 sq. ft.

Top Localities for Rent in Bangalore

Some of the best localities for rent in Bangalore are: 

• Marathalli
• Bommanahalli
• Bellandur
• Uttarahalli
• Electronic City
• Yelahanka
• Mahadevapura
• Horamavu
• Kaggadasapura

Bangalore Property for Rent by Budget Type

There are over 7,994 properties available for rent in Bangalore. However, you can easily find a perfect place to rent under your budget at your preferred location in Bangalore.

There are about 1,256 1 BHKs available for rent in Bangalore. The price for an unfurnished 1 BHK starts from Rs. 5,000, covering a built-up area of 800 sq. ft. and goes up to Rs. 60,000 for a fully-furnished 1BHK, covering a saleable area of 763 sq. ft.

There are more than 3,794 2 BHK properties available for rent in Bangalore. The price for an unfurnished 2 BHK starts from Rs. 5,000, covering a built-up area of 600 sq. ft. and goes up to Rs. 90,000 for a fully-furnished 2 BHK covering a built-up area of 1,200 sq. ft.

There are approximately 1,708 3 BHK available for rent in Bangalore. The price for an unfurnished 3 BHK starts from Rs. 18,000, covering a built-up area of 1300 sq. ft. and goes up to Rs. 1.5 lakh for a fully-furnished 3 BHK, covering a built-up area of 2400 sq. ft.

There are nearly 1,708 4 BHKs available for rent in Bangalore. The price for an unfurnished 4 BHK starts from Rs. 45,000 covering a built up area of 2437 sq. ft. and goes up to Rs. 2.75 lakhs for a fully-furnished 4 BHK covering a built up area of 4600 sq. ft.