Ven & Ventures’ Post

Double trouble: Bengaluru rents have skyrocketed to become India's hottest residential market! 🚨 As offices reopen after the two-year halt induced by the pandemic, Bangalore's tech hub has become a raging rental market epicentre. ‼️🏢 📍Hence, it is essential to know your rights as a tenant. But why are we saying this? Here are the reasons: According to Bloomberg, landlords in the city are now charging a higher percentage of their property's value in rent than any other city in India, including financial powerhouse Mumbai. 🏦 The rising rent prices can be attributed to several factors. 📌 - One is the shortage of supply despite the soaring demand. - Second, landlords are trying to recover the lost pandemic revenue. - Third, the concentration of nearly 350 tech companies in one 17-kilometre stretch along the Outer Ring Road. They together employ more than 1 million employees. And that’s not it. Landlords have been charging unreasonably high-security deposits ranging up to 10-11 months of the rent. So, if you're looking for a place to call home in Bangalore, know your rights as a tenant. To avoid misuse of your hard-earned money, do thorough research of what the landlord can and cannot charge. #RentalInflation #HousingCrisis #BangaloreRental #MetroCities #RealEstate #AffordableHousing #TenantRights #IndiaHousing #PropertyMarket #HousingDemand

Is renting in Bangalore really expensive? Depending on your preferences, you can live very cheaply too. Most social media posts cover only the expensive side of things. When I first came to Bangalore in 2019, I paid rent of about 8000 INR/month for a shared room in a 2 BHK, which was spacious and fully furnished. My total monthly expenses were between 15-20K INR, including everything. So, even someone with a basic entry level salary of 3.6 LPA can sustain in the city. Fast forward to 2024. You can still live under similar budgets if you want to. There are so many decent standalone apartments and independent houses that come at the modest costs. If one is going to the most expensive gated community with 10+ random features and stuff that are essentially luxuries, obviously the cost will be high. Here's an example of a 2 BHK flat with just 15K INR rent at 850 sqft. If shared between two people, your rent share will be lower than what I was paying, way back in 2019. Where's the inflation? Sure, some of these properties may have some issue related infrastructure and amenities, but there are many such places that are good enough too. As a young adult in Bangalore, saving on rent can compound your early savings by a lot, which could be invested elsewhere. As you grow in your career, you can slowly do lifestyle inflation instead of landing directly at some 50K rent gated community. Especially, if you are starting from zero, by yourself and without random inheritance wealth.

Crashing RENTs in Bangalore. We ORO are seeing much less demand for rental flats across east and south Bangalore. Owners haven't found tenants for over 30 days since late October and now flats are literally vacant. After a Crazy summer of 2023 where flats were being booked over a 5 min zoom call at 15% higher rents we are seeing demand normalising and tenants now negotiating hard on rents. Though this cycle is expected towards end of year where Professionals do not like to relocate with families, the trend seems to be exacerbated by bad job market and job losses. On other side though we are seeing healthy demand for sales of Apartments. What are your impressions? Sandeep Reddy Manoj Agarwal, PMP,CISSP,ITIL,TOGAF

Why Bangalore Rental Prices are Soaring to New Heights?💰📢 Explore the dynamic surge in rental prices in Bangalore in our latest video as we delve into the city's rental revolution of 2023. Witness the unfolding narrative of Bangalore, one of India's rapidly expanding urban hubs, where the demand for rental properties is reaching unprecedented heights. Join us as we analyze the factors propelling this upward trajectory in rental costs, providing you with #insights into the compelling forces shaping the bustling rental market of Bangalore. #housingmarket #realestateexpert #rentalmarket #revolution #urban #urbanplanning #bangalore Vijeth REDDY Sangeetha Holiyachi Reddy srinivas Renukaprasad S Vicky Kumar Vishnu Balakrishnan Aswath Jayavel

Exciting News for Bangalore Homeowners! 🏡🌟 Bangalore is leading the charge in India's residential real estate market with a remarkable 20.2% year-on-year increase in property prices over the last year. This impressive growth has been analyzed by Ivy Homes, a leading real estate player with access to real-time data on Bangalore's market. Here's why Bangalore's real estate market is booming: Enhanced Connectivity: 🚇🛣️ Continuous expansion of roads, improved public transport, and enhanced metro connectivity have significantly boosted the accessibility of various regions. Economic Growth: 💼🏢 The presence of corporate offices and industrial zones has fueled demand for residential properties. Lifestyle Amenities: 🏊♂️🏋️♀️🏠 A wide range of amenities such as gyms, swimming pools, and clubhouses are driving real estate appreciation. As Bangalore continues to evolve, these residential micro-markets are set for sustained growth, driven by ongoing infrastructure development, burgeoning job opportunities, and a vibrant lifestyle ecosystem. 🌆✨ Stay tuned for more updates from Ivy Homes! 📊🏡 #BangaloreRealEstate #PropertyInvestment #RealEstateGrowth #BangaloreHomes #IvyHomes #MarketTrends #RealEstateNews #InvestmentOpportunity #UrbanDevelopment #HomeOwnership

Why Bangalore's Rentals are Surging in the Last 2 Years ❓❓ Let's uncover the key insights about the top 5 reasons why rentals in Bangalore have surged in the past 2 years. 👇 🔑 Driving Factors that Propel Bangalore's Rentals: ✅ Well-developed infrastructure: Bangalore boasts excellent roads, public transportation, and airports, making it an irresistible place to call home. ✅ Abundance of amenities: With a plethora of schools, hospitals, and shopping malls, Bangalore offers a vibrant and convenient lifestyle, contributing to the surge in rental prices. ✅ Prime location advantage: Properties in proximity to the city center and major employment hubs command higher rents, driven by their high demand. ✅ Room count and age dynamics: The number of rooms and property age significantly influence rental rates, with more rooms and newer properties generally demanding higher prices. ✨ The COVID-19 Impact on Bangalore's Rental Market: The pandemic has left its mark on Bangalore's rental market. While the city witnessed a decline in new residents, the rise of remote work has fueled the demand for rental properties as a flexible alternative to home ownership. 💼 Why Bangalore Real Estate is a Win-Win for Investors and Tenants: ✅ A cosmopolitan haven: Bangalore's cultural diversity fosters a continuous demand for housing, benefiting both investors and tenants alike. ✅ Strong economy and job security: The city's thriving economy, driven by prominent businesses and multinational corporations, ensures stable employment opportunities and attracts newcomers, further boosting the demand for housing. ✅ Superior infrastructure: Bangalore's well-developed facilities and amenities offer a convenient and comfortable lifestyle, appealing to individuals and businesses. ✅ Education hub advantage: The presence of renowned educational institutions in Bangalore attracts students from across the nation, providing a consistent pool of renters. 🔗 Click the link below to immerse yourself in the complete article, where you'll gain valuable insights into Bangalore's dynamic rental market! Read the full article here ➡️ https://bit.ly/471PXkD #bangalore #realestateinsights #rental #marketanalysis #investmentopportunities #ryzer

Bangalore is one of the most rapidly growing cities in India, and its #realestate market is no exception. In recent years, the city has seen a surge in demand for both residential and commercial properties. This is due to a number of #factors, including: A strong economy driven by the IT and other sectors A growing middle class with disposable incomes A young population looking to buy their first homes A shortage of affordable housing As a result of these factors, the #Bangalorerealestate market is expected to continue to grow in the coming years. This growth is likely to be driven by a number of trends, including: The rise of co-living and co-working spaces: These spaces are becoming increasingly popular among young professionals and entrepreneurs. They offer a flexible and affordable way to live and work in the city. The growing demand for luxury housing: Bangalore is home to a growing number of wealthy individuals and families. These individuals are looking for high-end housing options that offer the latest amenities and features. The increasing popularity of investment properties: Bangalore is a popular destination for real estate investors. This is due to the city's strong economy and its growing population. Overall, the future of the Bangalore real estate market is bright. The city is expected to continue to grow in the coming years, and this will drive demand for both residential and commercial properties. Here are some tips for investing in the Bangalore real estate market: Do your research: Before you invest in any property, it's important to do your research and understand the market. This includes studying the location, the amenities, and the price trends. Choose the right property: Not all properties are created equal. When choosing a property to invest in, it's important to consider your budget, your investment goals, and your target market. Work with a qualified real estate agent: A qualified real estate agent can help you find the right property for your needs and negotiate the best price. If you're considering investing in the Bangalore real estate market, now is a good time to do so. The market is expected to continue to grow in the coming years, and there are a number of good investment opportunities available. #BangaloreRealEstate #RealEstateInvestment #RealEstateBenefits

Moving to Bangalore? Don't let high rents break your bank! This comprehensive guide breaks down the key factors affecting affordability (location, flat type, amenities) with approximate prices to set expectations. We also reveal smart strategies to save money, explore hidden costs, and discover resources to find your dream flat in Bangalore. Ready to make Bangalore your new home? Read the full guide here: https://shorturl.at/tyKOQ #Bangalore #affordablehousing #rent #India #expatlife Network on LinkedIn: Hey everyone! I recently created a detailed guide to finding affordable flat living in Bangalore, a city known for its high rents. This guide is perfect for anyone considering a move to Bangalore and wants to be strategic about finding a place that fits their budget. In the blog post, you'll find approximate rent prices for different areas, breakdowns of flat types and sizes, and hidden costs to factor in. I also share tips for saving money, like negotiating rent and exploring up-and-coming neighborhoods. If you or someone you know is moving to Bangalore, I encourage you to check out the guide! Let me know in the comments if you have any questions. #Bangalore #affordablehousing #rent #India #expatlife #realestate #homebuying #tips #homeownership

Since Bangalore, Has become the IT hub of India, people from all over the country are shifting here in search of better work opportunities from quite some time now. Because of that, the renting cost of apartments is touching skies. ����𝐥𝐚𝐭 𝐫𝐞𝐧𝐭 𝟏 𝐁𝐇𝐊 - 𝟖 𝐤 𝐭𝐨 𝟐𝟎 𝐤 𝐚𝐧𝐝 𝐚𝐛𝐨𝐯𝐞 (𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐦𝐨𝐧𝐞𝐲 - 𝐚𝐭𝐥𝐞𝐚𝐬𝐭 𝟓𝟎 𝐤) 𝟏 𝐫𝐨𝐨𝐦 𝐢𝐧 𝐚 𝟐 𝐁𝐇𝐊 - 𝟏𝟎 𝐤 𝐭𝐨 𝟐𝟓 𝐤 𝐚𝐧𝐝 𝐚𝐛𝐨𝐯𝐞 (𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐦𝐨𝐧𝐞𝐲 - 𝐚𝐭𝐥𝐞𝐚𝐬𝐭 𝟏.𝟓 𝐥𝐚𝐤𝐡 𝐬𝐩𝐥𝐢𝐭 𝐛𝐞𝐭𝐰𝐞𝐞𝐧 𝐭𝐨𝐭𝐚𝐥 𝐭𝐞𝐧𝐚𝐧𝐭𝐬) 𝟏 𝐫𝐨𝐨𝐦 𝐢𝐧 𝟑 𝐁𝐇𝐊 - 𝟏𝟎 𝐤 𝐭𝐨 𝟐𝟓 𝐤 𝐚𝐧𝐝 𝐚𝐛𝐨𝐯𝐞 (𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐦𝐨𝐧𝐞𝐲 - 𝐚𝐭𝐥𝐞𝐚𝐬𝐭 𝟑.𝟓 𝐥𝐚𝐤𝐡 𝐬𝐩𝐥𝐢𝐭 𝐛𝐞𝐭𝐰𝐞𝐞𝐧 𝐭𝐨𝐭𝐚𝐥 𝐭𝐞𝐧𝐚𝐧𝐭𝐬) Rent is quite less but security money usually takes a toll on your pocket. Now, If you want good living accommodation at a nominal price then you should go for studio apartments. if you are renting a studio apartment from Grexter, you’ll have to give just 2 months of rent as security money. #banglore #flat #rent #softwareengineer