Cost of house on rent in Indore is increasing
Professionals from outside Indore are having a hard time getting a suitable accommodation in the commercial capital. The cost of staying is unaffordable in some posh areas like Palasia, Saket and Zanjeerwala crossing. The rental apartments in Indore are way beyond their means.
As cost of rental properties in Indore are increasing, tenants are forced to find a moderately-priced apartment in areas like Kanadia road, Khajrana, Mahalaxmi Nagar, LIG.
Depending on the locality, size of the apartment and amenities, property-owners fix rents for the properties in Indore.
The rise in cost of rental properties happed as many individuals migrated to Indore for their service and they always tries to stay near the work place.
However some city residents also feel that living in outlying areas keeps them away from hustle and bustle of the city.
A one BHK apartment is priced above Rs 6,000 per month while an approximate figure of Rs 12,000 required for a 2 BHK apartment, which is too expensive in the market of Indore.
More related stories:
Indore real estate uplifted by RBI move
Source: Times of India
2 BHK apartment, apartments in Indore, One-BHK apartment, Properties in Indore, rental apartments in Indore
