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?
Keep voting for congress, it will help with cost reduction by giving away free bus and 2k per home.
As a house owner I hardly get a good renter. Everybody talks like we make millions from the rent. They want a fresh coat of paint even if there are very minimal scratches. The demands are unreasonable every year. Just because they pay rent, most will talk like they are doing a favour in renting that house. No courtesy, no respect. Off late people and thier woke /liberal credentials are irritating to the core.
The exorbitant rent is totally reasonable. Infact it should be at least 25% higher for the headache
Bangalore is the only city I've seen so far, where the landlords deduct 1 month rent in the name of "painting charges". And god forbid there are some minor scratches, say goodbye to your deposit (which is also exorbitant for no reason at all). So a fresh coat of paint is the least you can do. And let's be real, it doesn't even cost that much.
This is absolutely true. Recently shifted to Bangalore from Mumbai a couple of months ago. Expected Bangalore rent to be much cheaper than Mumbai but it's almost the same. In fact people are asking for security deposits to the tune of 6 months rent even for unfurnished flats(which was hardly 2-3 months in Mumbai even for furnished ones). Security deposits are generally paid in full (except for 2-3k deduction) in all metro cities but here they keep 1month rent as painting and cleaning charges which God knows when they do.
Yes, owners are getting greedy with all the news media is sharing of rising rents.
Brokers are also promising owner for 30% rise. Hence owners are rising the prices
I'm not able to wrap my head around the pace at which rents increase in Bangalore.
We moved here about a year ago and rented a 2 BHK semi-furnished apartment with basic amenities for 28k plus maintenance charges. The rent agreement sai...
Bangalore is only for those who earn more than 50 lakh annually. Otherwise one has to live a very sad life.
Looking for product companies that offer INR 75Lakhs - 1 Cr as cash component and has some stock component.
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? ...
There is a lag effect, give it a few months and you will see rents and prices not increasing anymore
Because every downturn has an epicenter. Usually it's Real Estate because excesses easily pop up there. But this...
Dont forget that old money bangalore ( that includes the reddy bros + mallu bros + gowdas/plantations bros) are keenl...
