How to Find Rental Houses In Bellandur
Introduction
Finding an ideal rental house in Bellandur is always a fun yet challenging task. With the fast development of this area in Bangalore, many options are available for prospective tenants. Whether you are a student, working professional, or a family looking for a cozy home, Bellandur has something to offer everyone.
Key Takeaways
Different localities: Bellandur, in itself, is a collection of different localities, including Green Glen Layout and Ecospace, so it facilitates all kinds of lifestyles and need-requiring persons, from quiet neighborhoods to easy proximity to IT hubs.
Different options: The rental properties in Bellandur vary from houses to apartment living or even villas and bungalows.
Key factors of influence: Connectivity and Proximity to the IT parks are essential to enhancing rates.
Websites to search from: Try MagicBricks and NoBroker.
Local Insights: Consult with local real estate agents for valuable insights into the market.
Budget Considerations: Rental prices vary significantly based on location and property type.
Localities
Bellandur has many residential and commercial localities, each with its characteristics, facilities, and amenities.
Green Glen Layout
This is a residential locality with many apartments, villas, and houses. It is quite peaceful, surrounded by green parks, gardens, and trees everywhere. Shops, restaurants, banks, and schools are aplenty in the locality. Being on the Outer Ring Road and near Bellandur Lake makes it pretty convenient.
Kariyammana Agrahara
Embassy Tech Village: This region houses a multitude of IT companies, offices, and hotels. Locals often refer to it as the Embassy Tech Village because the Embassy Tech Park is a gigantic IT hub here, housing large companies like IBM, Cisco, Flipkart, and Accenture. There are also many malls, movie theatres, and restaurants around.
Serenity Layout
Serenity Layout is one of the most peaceful neighborhood localities found in Bellandur. Some excellent apartment complexes and flats exist, all being strategically near the major IT parks.
Ecospace
Ecospace, Bellandur is a predominantly busy region of IT companies, offices, and co-working spaces. It is also popularly known as RMZ Ecospace, owing to the fact that it has the RMZ Ecospace Business Park, one of the largest IT hubs with companies like Intel, Capgemini, and Honeywell. There are plenty of cafes, restaurants, and shops as well.
Bellandur Lake
The largest lake in Bangalore is Bellandur Lake. It forms part of a chain of lakes, connected to the Pennar river basin, and is about 3.6 sq. km with a catchment area of about 148 sq. km.
Understanding the Rental Market in Bellandur
Overview of Rental Prices and Trends
The rental market here in Bellandur has undergone tremendous growth during the past two to three years. Average rates for houses do vary based upon the number of bedrooms and extra amenities provided, so here's a quick review of the rates:
| Property Type | Average Monthly Rent (INR) |
|---|---|
| 1 BHK | ₹15,000 - ₹35,000 |
| 2 BHK | ₹21,000 - ₹40,000 |
| 3 BHK | ₹30,000 - ₹50,000 |
| Independent House | ₹35,000 - ₹1,00,000 |
The factors that influence the rental prices and demand in Bellandur are:
Connectivity
Several prominent roads connect this place to others in the city, especially to the Bangalore airport. To add to all this, Bellandur provides public transport means like buses, cabs, autos too. The Silk Board is also the nearest to Bellandur, and they have completed laying the tracks connecting 7 km out of which Silk Board would commence operations by April 2024. All said, Metro would add ease to connectivity, mobility of residents for Bellandur.
IT hubs
Bellandur is an IT and ITES hub, having numerous IT parks such as the Embassy Tech Village, the RMZ Ecospace, the Vaishnavi Tech Park, and the Prestige Tech Park, in and around the area. It accommodates a lot of MNCs such as Cisco, Flipkart, Accenture, Intel, Capgemini, Honeywell, Amz, and Microland which employ thousands of professionals. They are the main customers in buying and renting properties in Bellandur because they are keen on residing near their working places to minimize traveling.
Infrastructure
Some of the prominent educational institutions in Bellandur are
- The New Horizon College of Engineering
- The Gear Innovative International School
- The Orchids International School
- The VIBGYOR High School
Some of the prominent healthcare facilities in Bellandur are - The Sakra World Hospital
- The Columbia Asia Hospital
- The Cloudnine Hospital
- The Apollo Clinic
The main shopping and entertainment facilities available in Bellandur include the Central Mall, Soul Space Arena Mall, and PVR Cinemas.
Types of Rental Houses Available
Independent Houses
Independent houses are preferred by most families seeking space and seclusion. These houses typically have gardens and parking.
Apartments
Apartments in Bellandur are a common choice for singles and small families. They usually offer amenities like security, maintenance services, and recreational areas.
Villas
Villas are for luxury living; there is much space inside as well as premium facilities. They are often accompanied by a private garden and pool.
PGs and Co-living Spaces
For students or young professionals, the accommodations include paying guest, also known as PGs, or co-living spaces, generally shared with peers.
Steps to Find Rental Houses in Bellandur
Online Platforms
There are various ways of finding rental houses in Bellandur, but the most convenient way is through online platforms. Here are a few websites:
MagicBricks: One stop for listings ranging from independent houses to apartments.
NoBroker: It helps find rental properties without paying brokerage fees.
Housing.com: A very user-friendly site that does detailed listings, and this time the pictures and descriptions are included.
Local Real Estate Agents
Engage local real estate agents as they might provide you with great insight about the rental market. They also access listings not on the net, and thus may help in negotiations that can best suit your needs.
Social Media and Community Groups
Groups on Facebook usually specialize in renting an area; one can easily find their way into such groups where landlords are easily reachable.
Word of Mouth
Never undercharge the power of asking friends or colleagues if there are rentals available. Personal recommendations can lead you to great options that may not be widely advertised.
Tips for Choosing the Right Rental House
Assessing Needs
- Before you begin searching, list what you want in a rental house:
- Number of bedrooms
- Wanted amenities (parking, garden, etc.)
- Nearness to work or school
Importance of Visiting Properties
Visit potential rental houses before deciding. This enables you to evaluate the property's condition and guarantee whether they meet your expectations.
Understanding Lease Agreements
- Take your time to go through the lease agreements. Observe the following:
- Duration of the lease
- Terms of paying the rent
- Responsibilities of maintaining the property.
Navigating the Rental Process
Application Process Overview
Once you get a suitable property, you would generally be required to fill out an application form that the landlord or real estate agent would have. You must prepare the documents that are needed for the same, such as ID proof and income statements.
Documentation Required
- Common documents during the application process are:
- Aadhar card or passport
- Salary slips or bank statements
- Previous rental agreements (if applicable).
Negotiating Rent and Terms
Do not be afraid to negotiate rent or terms with the landlord. Many landlords are willing to discuss the issue if you have good references or are willing to sign a longer lease.
Conclusion
Bellandur offers a variety of rental options for different needs, from budget apartments to luxury villas, all due to its proximity to IT hubs and growing infrastructure. Rental prices vary by location and amenities. To find the right place, use online platforms like MagicBricks and NoBroker, consult with local agents, and check social media for listings. Always assess your needs, visit properties, and carefully review lease agreements. With proper research, finding a rental in Bellandur can be done easily.
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