Indian real estate industry is rapidly changing around the corners. It is not only providing dream homes to millions of people but also employment to many. Globally people are inclined to invest in real estate. Especially Indians and NRI’S are contributing hugely in this sector. From renting till buying own property, there is no end to this arena.
India is known for its diverse culture as it is integrated with states, union territories and villages. Each city has its own custom to follow and a story to tell. People all around the world are quite allured by this diverse country. In fact, many non- Indian residents are coming forward and raising the economy of India by investing in real estate. They either rent an apartment or buy their individual spaces to remain connected. NRI’s enjoy the culture, tradition, dresses, customs and celebrations here.
Bangalore, India is one such city in Karnataka state which stands as 3rd largest city in the country. Being an IT Hub, it is always inviting people to come and settle down there. Not only the job opportunities are increasing day by day here but also the educational institutes are committed to produce brilliant children. Children all the way from north, west and east especially come to study here. The economy of this place is impeccable as many Indians and non- Indians have invested in various fields.
Bangalore – A city to live
This metro city gives you so many reasons to settle down. It is indeed one of the most expensive places in India but on the other hand, the opportunities make you financially stronger. Bangalore is known as the hub for NRI investments in real estate. There are many options in 2 bhk flat for rent in Bangalore. If you have yet not decided to own your property in the location, then renting an apartment is never a bad decision. 1 BHK for rent in Bangalore is another option but on the other hand quite expensive to handle especially when you are alone to handle. Before even renting an apartment, you should check if it caters to all your needs. Check if the property is well connected to supermarkets, medical shops, schools, malls and your destination. Confirm whether it ha water supply, proper ventilation and fits in your needs. Apartments are easy to handle and are well maintained. You get many facilities such as – gym, spa, parlor, supermarket and children’s play area at one place.
Apartments simply make life easy and going smoothly. Some of the prime locations where you can find 2 bhk flat for rent in Bangalore are –
- White fields.
- JP Nagar.
- Ashok Nagar.
To rent an apartment, all you have to do is introspect your needs. Then talk to friends, colleagues and for NRI’s one can always trust some websites. Housing is one of them where you will find some of the unique and trusted properties which will match your requirements. There are famous builders you can always rely on. Such as –
- Godrej properties.
- Prestige group.
Also look for the type of furnishing you have been provided with and what you are paying for it is worthy. 1 bhk for rent in Bangalore is readily available but only look for it when you are ready to spend more to live in less area.
Bangalore is a city which will always occupy your mind. If not your work, then there is a lot to do. It is one of the cities in all over the Asia with highest number of part clubs. Bangalore is known for its night life and soothing weather all the seasons. There are many malls, parks, zoo, lakes and restaurants. It is well – connected to many famous places which are favorable for short trips. The transportation is available even at the odd hours. Language has been never a barrier for Indians and NRI’s as English and Hindi is spoken quite well. This city has a promising return on investment in properties due to high demand.
For NRI’s the procedure of buying properties has been cooled down because of FEMA, a government act. This city is full of people from different backgrounds and cultures. Bangalore is itself pretty diverse and beautiful.
What else do you need to know?
The new property is, more the value it holds. Ensure that you do not chose to live or invest in an aged property which is more likely to make wholes in your pockets. Even if you go for a 2 bhk flat for rent in Bangalore, do a double check with all the belongings in the apartment and ask for a proper agreement. It is basically a paperwork where both the side of parties agree on some terms and conditions. It keeps both ways safe as well as fair. If found anything mischievous, back out instantly. Before depositing security, ask for some proof or mention it in the agreement that it will be given back to you once you vacate the flat. The basic necessities such as – balcony, drawing area, spacious cupboards, ventilation, proper connectivity, good roads are mandated to look in for. Also check if the maintenance is doing the justice for you and yes, the security is a must. Look around if it is a gated society. Some of the 1 bhk for rent in Bangalore are standalone buildings and you can check them out also if you are comfortable. Some owners tend to give their floors for rent with proper amenities and they can be given a chance also.
According to the latest statistics, 33% of non -Indians are responsible for the growth of real estate sector which again a good sign. You can either invest in property or rent it with this piece of information not only in Bangalore, India but anywhere in the country without being missed out on any point at all.