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.
