What are your thoughts on this?

In and around Whitefield rents have increased more than 10k compared to last year. It's very difficult to find a good house in budget near to office and near to kid school. Salaries are not increased but cost of living is touching the sky. Is it same overall Bangalore?

Recently my friends moved to 4 BHK apartment near Domlur. The total rent is coming to 1 Lakh for unfurnished apartment, it has some really good amenities. All 3 of them have offices nearby, and I work remotely for a US startup. After, furnishing and one time setup, just rent is coming to 32k. I am unsure, whether moving there would be worth it or not for me. I really enjoy company of my friends, but the rent for me is expensive + 6 months deposit. I can definitely afford to pay that much rent, but not sure whether it’ll be good decision or not because of market conditions and tons of uncertainties. I cannot back out if I say yes. I am super confused, one side I want to stay with friends and on other side rent and deposit is worrying me. Would love to hear thoughts of you all. 🙏

Hey guys!! I'll be relocating to Bangalore next month. Please drop your views/opinions/suggestions on rent situation in Koramangala :)

Middle class to pay more. Brace for rent hike and 1000 discount on electricity bill 😂 Lol Kya hoga bangalore ka https://realty.economictimes.indiatimes.com/news/industry/implementation-of-revised-property-guidance-value-from-october-1-karnataka-minister/103796708

People laughed at me when I asked for decent living spaces below 10k at these locations. It took 2 days, i went for a walk in the streets of Koramangala and HSR layout. And found multiple 1rk's less than 8k and multiple 1bhk's less than 12k. There are a lot of furnished 1bhk apartments with rent ranging from 15k to 18k. To all the people who are new to Bangalore, don't fall prey for hefty rents, do roam in and around the surroundings.. you will find good places within the budget. Surprisingly there are plenty of vacant spaces and soon the prices will come down.

Recently our Owner asked us to vacate after 3 years of staying here in Koramangala, a 4 BHk home. Mostly be renegotiating with him. Meanwhile in our search for possible other options, we have found that most of the residential properties are being inflated randomly by the owners recently, the reason being, we all know the influx into Bangalore & I have had a call with few properties - 1.3 Lakhs quotes for unfurnished 4 BHK home in HSR Sector 1 - 1.5 Lakhs quoted for Unfornished 5 BHK in HSR sector 3 Too much firing in place, AI advent, Funding slowdown in Startups Things are going super greedy with owners here in Bangalore. Thoughts on how to overcome this situation ?

Understanding what is the going rent for a 2BHK in Bangalore close to ORR. Used to work from home happily. But office folks decided to make it hybrid last year and I moved to Bangalore with my wife. Rented a 2BHK flat near Marathahalli for 30k (Rent+Maintanence). Now that the 11 month contract is over, the owner is asking for 36K even though the rental agreement says 5% increase an year. What are you guys paying as rent? And is it common in Bangalore to increase rents by 20% year or year which seems really crazy.

This means all our rental agreements stamp duty will increase, this is an additional burden to all of us. Min 0.5% have been done. Usually the stamp duty charges is put on the tenants 😦