DerpyLlama
DerpyLlama

Opinion about rent

I found a place which is 2.6km away from Bagmane T Constellation Business Park (where my office is) and the rent is 18k including maintenance for a 1BHK, deposit is 3 months pay.

It’s not in a gated society, so no gym, pool etc but has power backup.

Is it a good deal or is it too much? The reason why I am am confused is because some of my friends are saying that I am paying too much while some are saying that there is a shortage of places to stay, so it’s good.

Please help me out 🥹

19mo ago
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BubblyCupcake
BubblyCupcake

Both of them are right. You are paying too much, but finding a place is tough currently.
If you can then search for more places.

IMO, rents won’t decrease but also won’t increase dramatically anymore. However if you don’t find anything then prepare to wait for at least an year or more to start finding affordable homes. Especially given that lot of properties should finish constructions around 2024-2025.

DerpyLlama
DerpyLlama
Google19mo

That’s an interesting take, wasn’t aware of that. Thanks again.

JazzyBoba
JazzyBoba
Zomato19mo

Go for it bro

DerpyLlama
DerpyLlama
Google19mo

Thanks for your vote of confidence

GigglyRaccoon
GigglyRaccoon

Why not look for flatmates and share an apartment? You will get better amenities at same price.

DerpyLlama
DerpyLlama
Google19mo

Ya still looking for that. Currently this is one deal that i have in hand

DerpyKoala
DerpyKoala
Wipro19mo

i am paying 6k including maintenance near hosa road electricity City , the maximum they asked is 16k near wipro gate Sarjapur for 1BHK,

DerpyLlama
DerpyLlama
Google19mo

When did you get the apartment btw?

MagicalWalrus
MagicalWalrus

It's difficult to find good 1BHK apartments in Bangalore. You can get 2BHK in a gated society and can share it with someone. That could be a better deal. 18K is not bad for a 1BHK if they have power backup, lift, security and proper waste management.

SwirlyTaco
SwirlyTaco

It is a average deal

GoofyDonut
GoofyDonut

How big is the place? For a non gated society, ideally you should not be paying above 20/sqft

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