Thinking about living at Birla Evara? It's a premium new project coming up in Kodathi, just off Sarjapur Road, one of Bangalore's fastest-growing areas. Whether you're planning to move in or invest, one big question stands out—should you rent or should you buy?

Let's explore both options using real facts and updates from 2025, so you can decide what works best for your lifestyle and goals.

What You Should Know About Buying at Birla Evara

Birla Evara is still under construction. It launched in May 2025, and is expected to be ready by December 2031. That gives buyers plenty of time to plan finances and book early.

1. Property Prices (as of June 2025)

Here are the launch prices:

1. 1 BHK (449 sq. ft.): ₹77 Lakhs onwards
2. 2 BHK (825 sq. ft.): ₹1.41 Crores onwards
3. 3 BHK Compact (1038 sq. ft.): ₹1.83 Crores onwards
4. 3 BHK Regular (1176 sq. ft.): ₹2.10 Crores onwards
5. 3.5 BHK (1332 sq. ft.): ₹2.17 Crores onwards
6. 4 BHK + Servant Room (1630 sq. ft.): ₹2.95 Crores onwards

Buyers also receive detailed cost sheets, including taxes and maintenance charges, as per RERA rules.

2. Home Loan and EMI Estimates

If you're planning to buy, here's what EMIs may look like, based on a 20-year loan at 8.5% interest:

1. 1 BHK: Around ₹66,000–₹70,000 per month
2. 2 BHK: ₹1.2–₹1.3 Lakhs per month
3. 3 BHK: ₹1.6–₹2.06 Lakhs per month
4. 4 BHK: ₹2.5–₹2.7 Lakhs per month

These are rough estimates. Your EMI will depend on your down payment, loan amount, and the bank you choose.

3. Tax Benefits (2025 Budget) Buying a home gives you tax benefits:

1. Up to ₹3 Lakhs on loan interest (Section 24b)
2. Up to ₹1.5 Lakhs on loan principal (Section 80C)
3. Extra benefits for first-time buyers and affordable housing loans

If you're taking a joint loan with a family member, both can claim deductions—doubling the tax advantage.

Renting at Birla Evara – A Flexible Option

Birla Evara is still in the construction phase, so renting here is not yet possible. But once it's ready, rental demand is expected to be strong. In the meantime, let's look at current rental trends in nearby properties on Sarjapur Road.

1. Average Rents in 2025

1. 2 BHK: ₹23,000 – ₹60,000/month (average around ₹35,000)
2. 3 BHK: ₹40,000 – ₹85,000/month

Over the past few years, rent in this area has grown steadily. 2 BHK rents increased 67% between 2021 and 2024.

2. Why Renting Works for Some Renting makes sense if:

1. You're not sure how long you'll stay in Bangalore
2. You want to avoid big loans or down payments
3. You need time to explore the city before settling

You won't have to worry about property tax or repairs. Most maintenance is handled by the owner or housing society.

3. What You Miss When You Rent

While renting gives flexibility, you're not building any ownership. Over time, rising rents can eat into your savings. Plus, you won't benefit from property value appreciation.

What's Happening Around Birla Evara in 2025?
1. Big Infrastructure Projects

1. Peripheral Ring Road (now Bengaluru Business Corridor): Land acquisition is ongoing. Once ready, it will ease travel to other parts of the city.
2. Metro Line (Sarjapur to Hebbal): This project is still in planning. Construction is expected to begin in 2025, with completion by 2035.

These upgrades will likely push up both home prices and rent values.

2. Buyer Profiles

Most buyers in this area are:

1. IT professionals working nearby
2. Young families wanting top schools and hospitals
3. NRIs looking for long-term value or safe housing for family
4. Investors hoping to earn rental income or capital gains

Maintenance and Living Costs (Post-2031)

Once Birla Evara is ready, here's what monthly maintenance might look like:

1. 1 BHK: ₹2,400–₹2,700
2. 2 BHK: ₹4,300–₹5,000
3. 3 BHK: ₹5,500–₹8,300
4. 4 BHK: ₹8,700–₹9,700

These charges cover upkeep of amenities, security, and common areas.

So, Should You Rent or Buy?

Here’s a quick comparison:

Conclusion

If you're ready to commit, have a stable income, and want to build long-term assets, buying at Birla Evara could be a smart move—especially with Sarjapur Road's fast development and strong rental demand.

But if you're new to Bangalore, want flexibility, or are planning short-term stays, renting makes more sense for now. Either way, Birla Evara offers a chance to live in one of the most promising locations in Bangalore.