One of the reson for increase in rent especially in Bangalore is these early 20s bachelors earning 20 to 30LPA, who think when splitted rent into 2 to 3 flatmates it will be less than 30K. They don't know the struggle once they get married and or is a single earner in the family.

Consultant

Founder

It’s simply demand and supply. Supply growth flattened due to RERA. Demand increased due to return to office. End results are increased rents.

Supply reduced due to covid. Ongoing projects saw a delay. Projects about to launched were put on hold. But the thing is w/ so demand supply cycles is that it ultimately moves towards equilibrium. Price increases led to so many launches, all this inventory will come in 3 years & will put pressure on rentals.

Analyst

Software Engineer

Ohh yes, I yesterday, I saw my neighbor showing flat for 4-5 people at a time and some persons desperate  raised the rent from 35k base to 42k as they were desperate. 😅 While many earleir  in the society pay only 28k on an avg

This is a standalone building 🏢 with no amenities

Product Manager

Yes, rent in areas with tech companies are too high as people are willing to pay high. I know a few people who are even paying 60-80k for 3 bhk.

Bellandur Brookefield Marathahalli areas are worst affected

Techies who don’t know how to bargain, yes

Engineering Manager

Are Techies overpaying their rents in Bangalore?

Bangalore Living

Bangalore Living- Grapevine

People in Bengaluru are ready to pay 75k for a 3bhk, 50k for a 2bhk in famous builder societies. Rents for apartments which were 35k before 2021 are demanding 55k onwards nowadays. Why are people tolerating this shit ? Why are people still opting to stay in so called societies? 
Gyms hardly 5 PC people use 
Swimming pools are used occasionally 
Sports facilities are also not very commonly used. 

Why are people paying such large premiums for amenities they don't really use ?

Crazy rents in Bengaluru

It's cute when my cash cows protest♥️😍

Founding Engineer

Hello boys, gals and all other pals!

I am switching jobs rn and I have offers from a European auto anc in Bengaluru and one in Chennai.

Ceteris paribus, I wanted to know how much of a difference does being in Bengaluru make interms of future job opportunities

Are there a lot of walk-in interviews for companies based out of there, job fairs etc? Is there a subconscious or otherwise preference for candidates already based out of Bengaluru?

Also, how is Bengaluru in general for a 24M, single, introvert whose daily non-work activities include going to the gym, reading boatloads of stuff and watching sports?

Thanks in advance for the replies

What are the pros of moving to Bengaluru(24M)?

Embedded Engineer

Welcome to Software Engineers's Private Community

Looking for product companies that offer INR  75Lakhs - 1 Cr as cash component and has some stock component.

Any companies that are hiring senior engineering roles?

Lead Engineer

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?

Huge rise in  Bangalore rents

After getting a bunch of 'buy a house' advice from my in-laws over the weekend, I decided to fire up magicbricks to check prices in Bengaluru. My browsing ended within 5 mins seeing just how much the prices have risen in last 1 year

A 3BHK that used to cost 2.3 Cr last year is now 3.7
A 2BHK that used to cost 1.8 Cr last year is now 2.7

These are two houses I had earmarked for sometime later when I would have more money

WTF is happening in BLR

Did you notice? Bangaluru housing prices have EXPLODED

Time to call in-laws and say that "Aap do jodo mei ladki bhejo ladki huio hamaari"

What do you think about infrastructure of Banglore with thoughts of yesterday's incident ?

Is it good or too bad 
Or just underpass should get closed ?

How many of you live in Bangalore?

I hate it but my company forces me to move there. It's one of the worst cities i lived. Weather and food is amazing but the quality of daily life is just not worth it with traffic, gundas, the constant digging and of course the supreme land owners demanding inflated rents

DevOps Engineer

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. 🙏

Is it worth it to pay 32k in rent for a room in bangalore if you work remotely ?

One of the reson for increase in rent especially in Bangalore is these early 20s bachelors earning min 20 to 30LPA, who think when splitted rent into 2 to 3 flatmates it will be less than 30K. They don't know the struggle once they get married and is a single earner in the family.

Are Bangalore rents finally crashing?

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 ?

Bangalore Rents are going Crazy

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.

Trying to understand the rental scene in Bangalore

Got a job offer which is asking me to relocate to bangalore. I’m currently based out of Gurgaon and not familiar with the rent/amenties scene there. 

What is a good salary range to live a good life there? By good I mean 
- Living in a decent (subjective ik) society with some basic amenities like gym, park, pool (would love that) etc. 
- Dining/Partying at least once a month. 
- Going out to some place atleast once a week
- Having a maid for cooking + cleaning


Other expenses would remain same across cities (digital products/shopping etc)

All pointers appreciated.

Whats a good salary to live comfortably in Bangalore?

With the cost of living skyrocketing in many Bengaluru, I've been considering a move to a more affordable area. BUT it would likely mean a pay cut. I'm torn between financial stability and quality of life. 

Has anyone else grappled with this decision? How did you weigh the pros and cons of relocating for a lower cost of living? Are there any creative solutions I'm not considering?

Bengaluru's high cost of living: Is moving to a cheaper area worth the pay cut?

We've witnessed so many layoffs in the past year and this continues to be an upward trend. Bangalore is a city of IT professionals and these layoffs seem to have no effect on the real estate. 
Is this because the numbers are negligent? I don't think that's the case, my company has been laying off people since last year. It was never public. I'm sure there are lots of such companies. 
What are your thoughts?!

How is there no correlation to layoffs and Real Estate?

There is a lag effect, give it a few months and you will see rents and prices not increasing anymore

Software Developer

😅 Owner increased the rent by 15k to meet the market. They expect bachelor's to pay up or exit. 55k is the new price for 3bhk in a 15 year old society. When will the bubble burst? Is everyone making 40-50 lakhs?

Are your owners kicking you out for rised prices?

Shocking! Bangalore is now the most expensive city to live in India minus rent

I’m paying 78k/month for a semi furnished 3bhk in Adarsh Palm with an amazing view of a forest patch, so that windows and balconies doesn’t open in other people’s home. What is the usual rent that everyone in bangalore is paying though?

How much do you pay for rent in Bangalore?

Becoming a landlord is also a good career 🙂

I'm looking to rent a 3bhk flat in Kormangla, as I'm about to move there soon. Upon seeing these ridiculous rents and deposits, it got me wondering if there's any leverage I have against Bangalore landlords.
I've heard this on multiple occasions that techbros suck at negotiating and most would go with brokers where they don't have direct communication with the landlord during the negotiation phase. Maybe that's part of the problem?
Is there anything we have or can use as a point based on which we can negotiate the rent ?
I'd love to know if there's anyone here or someone they know who has successfully done this.

Bangalore Living

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