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Friday 5 December 2014

Rental Accommodation in demand. Find the right accommodation

If you are on the lookout for a suitable accommodation in Bengaluru but have a low budget why not go for rent and try for the accommodations available for rent. Before searching a house for rent in Bengaluru, one should be aware of his or her budget and the requirement. Then the market rates can help one to decide what is possible in certain market conditions and what is not. This way can the person optimize his or her needs. If the budget is too low according to the market rates one room accommodation can be the right choice for one.

The Bengaluru market observers feel that the demand for single rooms are profuse as they are mostly wanted by the student community and the professionals working in the IT and ITeS sector. The reason behind this is that students want to live in single rooms who don’t have a wish to share with someone else in low rates of rent.


Sarjapur to Marathahalli

The market watchers feel that the demand of rooms in these areas is more than the supply. The rooms are mostly on rent and not on lease and the reason is lack of trust on the professionals migrating from other parts of the country. The veterans feel the supply is catching up with the increasing demand in this area.

The demand is due to the IT and ITeS crowd because of the IT and ITeS hubs in the vicinity. The Marathahalli - Sarjapur stretch is of 13 kilometers and the basic rooms available in this area is in the range of Rs. 4, 500 to Rs. 5, 000 per month. The monthly rental in these areas for serviced rooms is in the range of Rs. 7, 000 to Rs. 8, 000. There are other places in the city also which attracts the IT crowd in majority. Hebbal and Manyata Tech Park are few of the names of areas belonging to this category. In both the areas the rents are in the range of Rs. 4, 000 to Rs. 4, 500 per month.

Demand for such rental accommodation is more than the supply and presently the landlords are opting for different modes of advertisement for renting their properties which is advertising online knowing that there is a demand and most of their customers are from the IT sector. This disparity of demand and supply is increasing the rates of rentals in the area. If you have a house to rent or seeking rental accommodation the online route can be a good option.

Some preliminary checks before taking a room on rent:

  • Both furnished and unfurnished rooms are being rented. Check the type you are going for rent and the comparative rates of similar apartments in the area.
  • Few homes come with extra facilities and amenities like laundry, housekeeping and other such facilities too. Find out the cost of these facilities in the area.
  • Few landlords take advanced deposits from the tenants. One should check that the amount is within one’s budget and also find out the deposits required for similar kind of accommodation in the area and bargain accordingly.

Even if one has a budget constraint one can still go for a rented accommodation paying reasonable deposits in an area of one’s choice and convenience. Since rental are more even its better to buy flats in Bangalore rather taking than taking flats at rent. Dreamz Infra is providing 40% discount on Bangalore flats / apartments. Buy your flats from Dreamz Infra and save money.

20 comments:

  1. Yes its absolutely correct at Maratahalli the rents of the accommodation rooms are very high demanded because of the colleges and IT companies which are located near to the maratahalli location so that the property owners demanding the rent rates…

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  2. Rental homes are very expensive in few places at near IT’s, an official places, so before buying the rent home we need to check this kind facilities. Thanks for writing this kind of rental related articles.

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  3. Rents of the room now quit high now in every where in Bangalore. I am sure that you will not get this easily . You have to hire a broker and his fees also 1month rent. Apart from this the advance amount is also very high. So people are thinking 100 times before changing a room. So the best choice is we should have a own home to leave happily.

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  4. Who were all staying in rental home at Sarjapur and Maratahalli place, instead of paying huge rentals they can buy their own home at these locations because few of the builders are selling the flats and apartments at very low margin price and also providing Bank loans hurry up don’t miss this opportunity…

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  5. Most of the people staying in Bangalore are non native, if we make an count more than half of the IT people are outsiders only, again big institutes attracts all students across India so Bangalore is a mix cultured place now. At the initial stage of the career everyone search for accommodation to settle down first; that’s the reason why rental cost in Bangalore is so high as compare to other states. Well this brings an opportunity for real estate investors to buy apartments at low cost and make it PG or use it as rented house purpose.

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  6. By the help of online we can find out the rental homes and also we can get to see what are all the facilities are available in rentals home. This description helps to the rental home searchers..

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  7. The demand of rental home made the real estate builders to build more low-budget apartments in order to full fill the requirements of the investors. Since few students need privacy in their room so 1bhk are always in demand, this article is very helpful and informative for those people who came newly and searching for rental homes.

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  8. House rent now days growing very quick, their is not only one reason. But the main reason is booming of IT sector here in Bangalore. People from all over the India coming to to get a job here. So the people those who has houses here for rent they are increasing the rent gradually. So now no need to pay monthly every time, Here in Bangalore you can get a affordable flat with very low cost. Company like Dreamz Infra is thinking about the common people. They have many running project in Bangalore you can go for it.

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  9. All over the Bangalore the house rent is increasing for this reason people are not getting a house of rent as per their choice. Many places like Marathalli, BTM , Jaya Nagar, JPNagar the house rent is so high that a family person adjusting in a single room by paying up to 8k. A family person also can’t afford a flat here which is too much costly. But we have an option here in Bangalore if we search perfectly. Company like Dreamz Infra, they have running many residential projects in Bangalore. They are giving the flats more than 40% off from the market price with good quality.

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  10. As we know that where population increases there should be rental homes rates will be increases. This is the reason for those owners who is giving the flats or homes at rentals, if the home owner is taking more amount from the renters mean then the owner has to provide all the good facilities to the renters if not mean renters has to choose Dreamz builder because they are offering flats and apartments at very less margin price with all the good features, good services and giving loan also..

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  11. Hi myself Priya, I was facing to many problems in rental home at maratahalli, in that home I was faced problems like: I was getting water one day out of three days, pipe leakages, windows was not good, cracking of tiles and many more, after gone through Dreamz ads in News paper I came to they are putting some home fair in that they are selling the flats at very less amount and I went I booked immediately within my budget at maratahalli itself, 40% discount I got on this project. Now I’m very much happy with their services and maintenance.

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  12. Everyone know that at the most top places of this city having more rental prices on rent homes so for that people are facing problems and disappointed to live in very congestive rooms of rental homes, few are staying in pg’s with the group of strangers to save the money. For these renters Dreamz group is helping by selling affordable flats at the same locations and providing the loans to come out from the worries of less amount.

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  13. People those who are looking for suitable accommodation in Bangalore by paying the as usual rent, now it’s quite difficult to grab it. Cause the rent of a house is now so high that before taking the house you step back. In Bangalore everywhere the rent is increasing like dollar rate. You think deeply if for 5yrs you have been staying in rent by paying 10k at least. Then you are spending more than 5lakhs in 5 years. So better you should think about your own flat or apartment. Many reliable builders are giving flats in very affordable price. Dreamz infra is one of them who are selling the flats less than 40% from the market price. So no need to waste your time ……… hurry up.

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  14. Living in rental homes or PG’s looks like staying in jail or in black and white generation especially in Bangalore, In this greenery city people wants to live like happily within their homes with the good quality of amenities, services and maintenance. If anybody is became tired up with the rental homes and searching flats or apartment to buy means just do it one thing without any wasting of time go to visit Dreamz office, they will solve your problems…

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  15. House rent is increasing day by day in every part of Bangalore, so far its affected to many area such as BTM , Marathalli , Jaya Nagar, JP Nagar etc. For a suitable accommodation you can‘t afford in such area. Sometimes the house rent or the deposit amount is very much high, that you never think. So the best way to go far away from this problem is to stay in your own house with some luxurious amenities. Here in Bangalore Dreamz infra ‘s many projects are running, from them you can get your dream home with very low price.

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  16. The demand of the rental room is so much high , so it is more than the supply. Specially for the IT people it’s going high. If you want to settle down here in Bangalore then you can purchase a flat with very much affordable price. The Builder like Dreamz Infra can help you to get your Dream home.

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  17. We can get right homes with all the facilities and services at very less price from Dreamz in Bangalore. It’s my suggestion to the home searchers or for them who are living in rental homes with fewer services to buy in Dreamz and live happily with your remaining life.

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  18. House for a rent is a biggest issue right now in Bangalore. Getting a rental house where accommodation is suitable you can’t define. The rent is quit high everywhere in Bangalore but if you think positively then there is a way. No need to go for rental home, you can save bunch of money and take a new home for yourself. That could be easy, but …………… how…..? Yes, it can be possible Dreamz Infra who is providing suitable and affordable flats in Bangalore for anyrange of people.

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  19. I was tired up by staying in the rental home at Maratahalli. I was not having huge money to buy the home in Bangalore, three years I stayed in the rental home the rent was very high. At last I decided to buy the flat in Bangalore. One of my friends suggests me that Dreamz builder is selling the affordable flats in Maratahalli at 40% discount of market price. Then immediately I visited their Home fair besides of their office was going and booked 2BHK flat at same place, now I saved lot of money by registering the flat in Dreamz. Thanks a lot Dreamz for taking me out from the rental homes.

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  20. Ranjan shekhar Deo12 January 2015 at 14:40

    Everybody wants their own house to complete it with plenty of emotions to make a home. Nobody in this world wants to be stay in rental houses. People know that in the end we have to leave the rental home. Cause every year there will be hike in rent. So for that reason we are changing our accommodation each year. If we calculate for five years then we are investing more money, within that we can have an own house here in Bangalore. You know very well for getting something you have to lose something. Yes, there is risk factor as well but if you will take a proper way to search then you can get it easily.

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