Trying to understand the rental scene in Bangalore
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.
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The mumbaikar in me is crying looking at 30k rent for 2bhk
I'm sure Bangalore is catching up.
Mumbai is still on a different level, especially the more South you go
I've seen closets being rented as a mini bedroom near nariman point while house hunting.
Rates have become exorbitant. Things will get relatively better only when metro is functional and people can stay in the outskirts and come work in the city. City is only going to get more expen
That's a great perspective. Let's see how it plays out.
20%? Try 60-80% in some areas 🥲
When is this going to stop or get in line with salary hike %!!!! 😢
Paying 20k for a single sharing PG 😢
40-45k in and around HSR, Bellandur and Koramangala.
Yep same situation here. 20k to 25k after 11 months