Bangalore is a prosperous city that hosts several businesses and reports significant IT investments. Further, it presents a cosmopolitan culture and pleasurable weather and extends plenty of prospects drawing people to migrate from all over the country. This has led to an upsurge in residential real estate inquiries, mainly for rented properties in the city.
If you intend to settle in this city and are looking for rented areas in Bangalore, we’ve got you covered. Read on to learn more about flats for rent in HSR Layout, Jayanagar, Marathaha, Koramangala, and Whitefield to determine which area would be ideal for you.
Top 5 Rental Localities In Bangalore & Their Prices As Of 2022
Bangalore has always been a high flyer in rental demands. It draws many settlers from across the country for better jobs and education. Given below are top 5 rental picks that would be ideal if you are planning to move to this city soon:
1. HSR Layouts
- HSR layout is a premium locality in South Bengaluru. Professionals in and out of Bangalore prefer the HSR layout because it borders IT and industrial hubs like Jigani Industrial Area and Bommasandra Industrial. Fine roads, civic infrastructure, and fair rent ranging between Rs 16K – Rs 27K per Sqft can be considered the major factors for its popularity.
- HSR layout houses major educational institutions, healthcare centers, and a retail hub that makes this one of the most ideal rental places. When it comes to tourist sites, Agara Lake and Basaveshwara Gayathri form the green belt in the area.
- The upcoming plans for broadening Sarjapur road, the metro lines, the suburban rail project, and the laying of drainage and power channels are going to facilitate further living here.
- Based on the recent survey, HSR layout stands out in all aspects, from connectivity and society to safety, taking its rating to 4 out of 5. Therefore, it is advisable for anyone renting while living in Bangalore or migrants to look for flats for rent in the HSR layout.
2. Jayanagar
- Jayanagar is another premium residential locality in southern Bangalore. It is one of the oldest and premier localities in the city, offering rental houses and flats. The rental price of the locality ranges between Rs 17K – Rs 27K per sqft.
- It is well linked to the major industries and IT and retail hubs through the Outer Ring Road, Bannerghatta, Kanakapura road, and Jayanagar Metro. The connectivity will further enhance once the under-construction Yellow line becomes functional in the coming years.
- It surrounds well-established areas like JP Nagar, BTM, Banashankari, and Basavanagudi. Comprises major educational institutions, the most notable being IIM Bangalore, drawing youth to look for houses for rent in Jayanagar. The area has major hospitals, theaters, malls, and restaurants to ease living, among other amenities.
- Jayanagar ranks high in all aspects of its surroundings, safety, and conveniences. The average rating of the locality can be 3.9 out of 5.
3. Marathahalli
- Marathahalli is situated in the eastern part of Bangalore. It is both a premier corporate hub and an upscale residential locality. It has undergone remarkable real estate gain because of its proximity to the IT hub of Whitefield. Most people working in IT hubs like RMZ Ecospace, Cessna Business Park, and Prestige Tech Park, prefer a house for rent in Marathahalli to stay close to their offices. Also, they get rental properties at affordable prices ranging between Rs 14K- Rs 23K per sqft.
- It provides proper connectivity at the intersection of ORR and Old Airport Road. The impending ORR Metro Line would further improve connectivity along the ORR.
- Its neighborhood localities include HAL, KR Puram, Electronic City, etc. It encloses well-developed social and retail infrastructure, such as reputable schools, hospitals, banks, restaurants, and shopping zones in the vicinity.
- Marathahalli sufficiently meets all the expectations of settlers and should rate 4.1 out of 5 in aspects such as community, safety, and comfort.
4. Koramangala
- Koramangala is situated in South-East Bangalore. It is an upscale residential-cum-commercial place. Koramangala houses various employment hubs and offices like CSRIE Complex, NA Chambers, and Global Technology Park.
- Most job seekers in and out of the city prefer flats for rent in Koramangala. When it comes to the rental housing prices the rent ranges between Rs 19K – Rs 31K per sqft.
- The locality has widespread connectivity through major roads across the area like Hosur, Sarjapur, Intermediate Ring Road, etc. Further, the upcoming metro Line 3 under Phase 2 would enhance the overall connectivity. The locality borders Hosur Road and is surrounded by major areas like Adugodi, HSR Layout, Jayanagar, etc.
- Koramangala has well developed social infrastructure. It is home to many reputed educational institutes, hospitals, shopping malls, eateries, gymnasia, etc. It also harbors popular retail streets, including Market Square and the Total Mall. Further, Koramangala is known for its greenery and proximity to lake Agara.
- Adding to its value Koramangala’s streets are a treat to the eyes due to the greenery. Further, when it comes to security and safety, Koramangala’s streets are on 24X7 police lookout.
- The locality’s cleanliness, safety, and convenience can be rated 3.9 out of 5.
5. Whitefield
- Whitefield is situated on the eastern perimeter of Bengaluru. It harbors offices of major IT companies and central technology parks. Most people working in various IT parks within the locality and along the IT passage of ORR look for a house for rent in Whitefield. The current price range in Whitefield falls in the range of Rs 12K -20K per sqft.
- Whitefield is well connected to the rest of the city through the Whitefield Main Road, SH-35, and Old Airport Road. Moreover, upon completion of the Purple Line under Phase 2 of Namma Metro, the connectivity would increase, and the commute will further be eased.
- Whitefield has a well-developed social and retail infrastructure in the form of schools, hospitals, and recreation hubs. Further, there are a few prominent malls within the locality, like Inorbit, The Forum, etc
- Considering the surroundings, safety, and amenities, Whitefield can be rated 4.1 out of 5.
Conclusion
All five rental localities mentioned above are close to Bangalore’s commercial and employment hubs. All the areas assure a holistic lifestyle with adequate healthcare, schooling, shopping, and recreational benefits. Further, despite being upscale, they will suit every pocket. Make sure you compare the localities beforehand to make sure it suits your expectations and requirements properly.