thumbnailSouth Bangalore has always been predominantly a residential sector. There are a few localities that are always in demand as far as rental properties are concerned.

Here is a look at 5 such popular localities and what makes them conducive as rental prospects.

Jayanagar

What makes it tick?

This is a predominantly residential sector of Bangalore and is divided into 10 blocks. It is one of the earliest planned residential sectors in the city. Jayanagar has managed to hold on to a large portion of its green cover and you will find numerous parks and gardens dotting the landscape.

It is home to some of Bangalore’s elite and you will find numerous beautiful residential homes here.

Why rent here?

There are several projects in the mid-to-upper range of apartments by both branded as well as small time builders. Several individual homes have additional floors built to cash in on the possible rental opportunities they have.

On average rental prices here are begin at Rs 12,000 for a 2BHK. This varies based on the size of the home and its location in Jayanagar.

What it offers?

Jayanagar is rather self-sufficient and has the massive 4th block market that caters to every kind of home need conceivable. Every brand worth its salt has a standalone store in the area as do popular restaurant chains.

The Swagath Garuda Mall in neighboring Tilaknagar as well as Central Mall in JP Nagar serve as entertainment spots.

There are several quality schools in the vicinity and premium medical facilities. The Metro is an added draw. The area also connects easily to Bannerghatta road, Koramangala and Whitefield, all of which have numerous work places.

Banashankari

What makes it tick?

This is the largest locality in the city and is spread over 6 stages. It is well connected to Mysore Road, Kanakpura Road, Girinagar, Rajarajeshwari Nagar and several other areas that are home to companies with a large workforce.

Banashankari, over the years has developed in tandem with Jayanagar and a number of working people find it a convenient place to live, especially if they work at the Global Tech Village, in Electronic City, on Kanakpura Road or even in Jayanagar and Koramangala.

Why rent here?

There are several branded as well as mid-size builder apartments available here. More popular are individual homes that rent out apartments on each floor.

What it offers?

The area, much like Jayanagar, is quite self-sufficient as far as everyday requirements for home and family are concerned. With Jayanagar in close proximity, almost everything is taken care of. Rentals in the area are spread across a wide range depending on where your home is located. A 2BHK will range between Rs 10,000 to Rs 15,000 on average.

Electronics City

What makes it tick?

Hosur Road leads into what is popularly known as E-City or Electronics City. E-City is spread over 3 phases and is home to over 3000 companies and a massive work force. Little wonder then that the residential market picked up immensely in this region and there is a sustained demand for rental properties.

Why rent here?

Villas as well as apartments are easily available for rent across Electronics City. Connectivity has improved immensely with the opening of the elevated highway which made getting from Silk Board Junction to Electronics City much easier.

Development has taken place across the sector and every kind of home is available for rent – from single room PGs to massive penthouses in branded apartment complexes. Many of these also work on the basis of lease considering the massive turnover of staff at various companies.

Across the Hosur Road stretch – areas such as Bommanahalli, sections of BTM Layout as well as locations liked Attibele are in demand in terms of residential rentals.

What it offers?

As with most other popular residential/commercial areas in Bangalore, this too is self-sufficient in every manner required.

HSR Layout

What makes it tick?

This layout is technically to the Southeast in Bangalore, yet it is an area that is extremely in demand among people looking to be placed close to Whitefield and Sarjapur.

These two areas have a number of commercial companies functioning within its borders and naturally people look for homes closer to their workplace. HSR Layout is divided into 7 sectors and development took place almost overnight here.

Why rent here?

Rental properties range from apartments to individual homes, all of which tend to be in the premium bracket as far as prices are concerned. While the area has most of what an individual will require, scope for entertainment is a bit low.

But with Whitefield relatively easier to access, this is an obstacle that is taken care of.

Kanakapura Road

What makes it tick?

A natural spill over of development in the Jayanagar and Banashankari sectors saw the rise of Kanakpura Road with its promise of large tracts of land.

Why rent here?

While the outskirts of the area were picked up for the development of farm houses, often second homes for people in the city, numerous branded names in realty have picked up sites here and are constructing massive apartment complexes.

Names such as Gokulam, Mantri Group, Brigade Group and more already have a presence here. With Metro work in full swing here, this area continues to be well sought after.

South Bangalore offers a wide range of rental opportunities for people looking for a great place. While these are the five popular localities, there are several more that have sprung up around these areas that are in demand as well.

Top Takeaways

  • South Bangalore is in demand primarily because of its proximity to IT hubs like Whitefield and Electronics City.
  • Jayanagar is much sought after for its green cover, quality homes and self-sufficient neighbourhood.
  • HSR Layout and Kanakpura Road have a great deal of premium residential offerings.

 

 

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