Bangalore 3rd most Affordable City to Rent 2014 - Page 3

Bangalore 3rd most Affordable City to Rent 2014

By siliconindia   |   Wednesday, October 1, 2014

bangalore rentBangalore: According to the survey, Bangalore city stood at 3rd position as the most affordable cities in India to rent and 4th on affordable to buy, according to Artha Yantra survey based on the data of National Housing Board. The survey reveals that Bangalore is affordable than Chennai, Delhi and Mumbai as it offers rental homes within a range of rs 12,125. The professionals with a minimum salary range of rs 8-14 Lakhs revealed that the renting a home is cheaper than buying a home.  This has led to increasing of people opting to rent a home than buying a home.

In Bangalore, areas like Electronic city, Marathalli, Kormangala, Mahadevapura, Whitefield, Sarjapur and many are preferred by a lump of IT professionals due to its connectivity to prime locations and enhanced infrastructure facility. Bangalore is popular for friendly neighborhood, job opportunities, education and enhanced infrastructure. affordable housing projects in bangalore under 15 lakhs

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