Rental rates for apartments in Bangalore increased more in Whitefield
Rental value appreciation for apartments in Gurgaon, Mumbai, Pune and Bangalore has seen a higher rise. The apartments in Whitefield in Bangalore have recorded a rise of 16 percent for the rental value.
The rise of rental rates for residential properties in India has become area specific. As Whitefield continued to be a priority destination for corporate clients, many employees prefer to stay near their office places.
That is the main reason of increasing rental rates for the apartments in Whitefield.
The other areas in India which saw a good appreciation in rental rates are Golf Course Extension Road in Gurgaon.
The apartments of Gurgaon has witness a sharp rise in the rental costs in that area.
Kanjur Marg West in Mumbai and Viman Nagar in Pune are the other areas in India where the cost of renting an apartment has increased considerably.
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Source: Times of India
Apartments in Gurgaon, Apartments in Whitefield, Kanjur Marg, Properties in India, residential properties in India, Viman Nagar
