Bangalore real estate market continues to attract investors seeking rewarding rental income. With the thriving IT industry, there are steady options to generate passive income from the real estate market in Bangalore. Choosing a prime location is a main factor in getting good rental returns.
Here is the list of the best Areas in Bangalore for Rental Returns & Passive Income,
If you are looking to invest in one of the best areas with a high rental yield in Bangalore, Whitefield should be the first on your list. The area is known for big IT hubs such as ITPL, Brigade Tech Park, Sigma Soft Tech Park, and SAP Labs. As a large number of people move towards the area in search of jobs rental properties are in demand in the area. Whitefield has the best schools, colleges, shopping areas, and malls, which makes it an ideal location for families. The area has the best transport network through Whitefield Main Road, SH35, and ORR. Also, the Metro Purple Line gives good metro access to the area. So, investors can invest in the area to get a good rental income.
Electronic City is experiencing a consistent demand for rental properties from people working at leading IT firms in the area, such as HCL, TCS, Infosys, CTS, and Wipro. The area enjoys good road access through the elevated expressway, ORR, and NICE Road. The upcoming Yellow Line of the Metro is nearby, which will improve daily travel. There are top schools in the area, including National Public School and Icon School of Excellence, to give quality education. It attracts families with kids to stay in the area, which creates a demand for rental properties.
If you are aiming to build a passive income from rental income in Bangalore, Sarjapur Road is the best choice. As the area is near IT corridors such as Wipro SEZ, RMZ Ecoworld, and RGA Tech Park it gives a good rental income from IT people who are searching for jobs. The best gated community to consider for rental options is Birla Evara, which offers 1BHK, 2, 3BHK, 3.5, and 4BHK flats for rent.
As the area has a good road network through Sarjapur Main Road, NH 48, NH 44, and Hosur Road it attracts a lot of people to the area. The proposed Sarjapur-Hebbal metro line is nearby which will improve the connectivity of the area further.
Indiranagar attracts steady rental demand from business people and NRIs. As the area offers easy access to key IT hubs such as Bagmane Tech Park, and Embassy Golf Links, it attracts a lot of people who are working here. The Purple Line of the Metro is nearby and there are BMTC buses 24/7 to improve daily travel. There are best schools, including Sree Cauvery School and Pristine Public School,, which enhance the family-friendly profile.
Koramangala is one of the best areas for rental returns in Bangalore due to its strategic location near IT hubs like Embassy Golf Links and Universal Softech Hub. The easy access to Hosur Road, ORR, and CBD makes the area ideal for high rental income. There are the best malls in the area, including Nexus Mall and Mantri Avenue, which enhances its lifestyle appeal.
Consider some of the strategies to ensure consistent rental returns in Bangalore,
Choosing a high rental yield area in Bangalore to maximise rental return and build a stream of passive income. Select areas with a good transport network and the areas with the best schools, colleges, and shopping areas to get good rental income.
The areas in Bangalore with the highest rental yield are Electronic City, Whitefield, and Sarjapur Road due to the nearness to IT hubs.
We can expect a rental income of ₹25,000 for a 2BHK flat in Bangalore.
Areas in East Bangalore are best to consider for investment now due to high IT growth and better rental potential.
You can maximise rental income by choosing prime locations, furnished flats, and screening tenants.
The expansion of the metro will impact rental income due to improved transport networks and reduced commute times.
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