Bangalore is a city buzzing with opportunities for IT professionals and startups. Many individuals are migrating here for career growth and exploring other prospects. Apart from the job aspect, the city draws prospective residents due to its lovely weather, fantastic food, and cosmopolitan culture. Areas like Maithri Layout with 1BHK for rent in Whitefield, J.P. Nagar, Electronic City, and more are becoming homes for individuals relocating for a better life.
Due to this high influx of inquiries for rental homes, the growth in the rental real estate market is booming. The one question in the minds of potential residents is what are suitable localities to rent homes in Bangalore? This blog will list the five best localities in Bangalore for renting homes.
BEST 5 RENTAL LOCALITIES IN BANGALORE FOR TENANTS:
Individuals looking to shift to Bangalore for work are often confused if they want to look for 1BHK for rent in Whitefield or Banashankari. Many criteria affect the decision-making, like rent, locality, convenience, accessibility, etc. The following is a list of the top 5 best rental localities in Bangalore:
Whitefield: This is the IT hub of Bangalore, where most Software Engineers, Developers and coders are migrating for better career opportunities. As per statistics, Whitefield ranks amongst the Top 3 rental localities in India. They seek rental housing in localities like Maithri Layout due to its security and calmness. Homes like studios, 2BHK and 1BHK for rent in Whitefield range between INR 5,000 and INR 25,000. Whitefield is well-connected to other parts of the town via the Metro purple line, Old Airport Road, and Whitefield main road.
Jayanagar: This is a premium and one of the oldest localities in Bangalore. There are several 1BHK flats with rent ranging from INR 16,000 to INR 28,000. The locality is surrounded by well-established areas like BTM, Banashankari, J.P. Nagar, and Basavanagudi. It has good transportation connectivity to major IT Industries and retail hubs through Jayanagar metro, Outer Ring Road and Bannerghatta Road.
Marathahalli: This locality is towards East Bangalore, which has undergone tremendous infrastructure development. People working in areas like RMZ Ecospace, Prestige Tech Park and Cessna Business Park must seek accommodations in Marathahalli. The rent for 1BHK homes ranges between INR 6,000 to INR 28,000. The locality's neighbouring areas are Electronic City, KR Puram and HAL.
HSR Layout: This is a suburb located in South-East part of Bangalore. The locality is filled with small IT firms and startups, providing employment opportunities to many—the rental homes in the locality range between INR 9,000 to INR 35,000. The locality houses healthcare centres, educational institutions, popular restaurants and hangout spots, making it an ideal rental locality.
- Koramangala: This is an upscale residential locality in Bangalore's South-East area. It is connected to major roads like Sarjapur, Ring Road and Hosur. The rent prices range from INR 9,000 to INR 25,000 for a studio or 1BHK home. Koramangala has an excellent social infrastructure with many famous microbreweries and some of the most popular restaurants in Bangalore. The locality also has the famous Koramangala Nexus Mall (Forum Mall), housing top retail brands for residents to have fun shopping at weekends.