The year-on-year (YoY) rental yield in Bangalore surged by over 20 percent in Q1 of 2024. Needless to say, the city's ever-evolving job opportunities fuel this growth. As a result, rental properties in Bangalore are high in demand, ensuring a steady income stream.
If you want to explore the best places to invest in Bangalore for high rental income, this article is for you. Read on for more details.
Top areas to earn the highest rental income in Bangalore
Thanisandra, Whitefield, Bommanahalli, Rajaji Nagar and places along National Highway (NH) 44 are known to be the primary employment hubs in Bangalore. Hence, investing in properties around these commercial zones generates lucrative investment returns.
However, identifying the right areas is crucial. 99acres lists the top areas in Bangalore that can earn high rental income.
Rachenahalli, Bangalore
Rachenahalli’s proximity to several employment and commercial hubs primarily drives rental demand here. For instance, Manyata Tech Park is about two km away, whereas Whitefield, Hoodi, and Bommanahalli commercial zones are closely connected via National Highway (NH) 44, five km away. Also, Yeshwanthpur, Hoodi, and Mahadevapura industrial areas are almost 15-17 km.
Furthermore, its centralised location brings ample social amenities close to the residents, making it among the top areas for rental income in Bangalore. This includes:
- North Hill International, Sri Vivekanand Public and LA International schools are within a km radius
- Eesha Multispeciality, Orchid and Suraksha hospitals within three km
- Marketplaces within a five-km radius include Elements Mall, Esteem Mall and City Centre Malls
The property market here is dominated by 2 BHK and 3 BHK apartments, with prices in Rachenahalli starting at around Rs 73 lakh and Rs 1.2 crore, respectively. The presence of high-rise societies like Legacy Cirocco, Vasathi Avante, and MAIA Pelican Grove further add to the locality’s charm.
Notably, apartment prices in Rachenahalli, Bangalore, have appreciated over 40 percent. As a result, the average price of apartments in Rachenahalli is around Rs 9,900 per sq ft.
To understand the potential rental income from Rachenahalli, Bangalore, refer to the table below.
Expected property rent in Rachenahalli, Bangalore | |
---|---|
Property type | Minimum rent |
2 BHK residential apartment | Rs 21,000 per month |
1 BHK builder floor | Rs 12,000 per month |
Disclaimer: The above details are based on the listings posted on 99acres in August 2024.
Click here to explore properties in Rachenahalli, Bangalore
Sarjapur, Bangalore
Sarjapur is another locality in Bangalore that is close to the employment hubs in Whitefield Bellandur, all within a 17-km radius. Home to Infosys's headquarters, the locality ranks high among working professionals, keeping the rental demand constant.
In fact, several renowned developers, such as Prestige Group, Brigade Group, Shriram Properties, and Casagrand, have launched their housing projects in Sarjapur. Residential apartments dominate the market, with the average property price in Sarjapur being about Rs 10,000 per sq ft. The 2 BHK apartment prices in Sarjapur start from Rs 50 lakh, whereas the villas in the locale range hovering between Rs 1.5 crore and Rs 6 crore.
To know the rental trends in Sarjapur, check out the below table.
Expected property rent in Sarjapur, Bangalore | |
---|---|
Property type | Minimum rent |
2 BHK residential apartment | Rs 15,000 per month |
3 BHK villas | Rs 23,000 per month |
Disclaimer: The above details are based on the listings posted on 99acres in August 2024.
In addition, Sarjapur’s seamless connectivity to several landmarks further makes it ideal for daily commuters. Here are some of the key nodes and their distance from Sarjapur.
- Carmelaram Railway Station is about 12 km away
- Oakridge International, Sri Ram Public and New Oxford schools are within three km
- Shopping avenues, like KGS Complex, Nature Walk and Avighna Enclave, are about four km apart
- Industrial areas in Attibele and Bommasandra are about 13-20 km from here
Click here to explore properties in Sarjapur, Bangalore
Akshaya Nagar, Bangalore
If Rachenahalli and Sarjapur do not fit your budget, then you may consider Akshaya Nagar. It is a budget-friendly locale in Bangalore for investment vis-à-vis to earn a high rental income. A villa in Akshaya Nagar is available at Rs 80 lakh onwards. On the other hand, a 2 BHK apartment price in Akshaya Nagar starts at Rs 36 lakh and a 3 BHK unit range between Rs 73 lakh and Rs 1.8 crore.
Here is how much rent can be earned from a residential property in Akshaya Nagar, Bangalore.
Expected property rent in Akshaya Nagar, Bangalore | |
---|---|
Property type | Minimum rent |
2 BHK residential apartment | Rs 23,000 per month |
3 BHK villas | Rs 14,000 per month |
Disclaimer: The above details are based on the listings posted on 99acres in August 2024.
Located along the NICE Ring Road in South Bangalore, the residents of Akshaya Nagar enjoy easy connectivity to several parts of the city, which includes:
- AMR Tech Park, Ozone Manay Tech Park and Kalyani Magnum Tech Park (8 km)
- KSR Bengaluru City Junction (17 km)
- Yelachenahalli Metro Station on the Green Line (9 km)
- BTM Industrial Area and Begur Industrial Layout (5-7 km)
- St Antony's, Mother Teresa Memorial and Kidzee schools (a km)
- SVN Complex, Bangalore Central and Prime Spectrum Mall (5 km)
Click here to explore properties in Akshaya Nagar, Bangalore
Marathahalli, Bangalore
The strategic location of Marathahalli offers easy access to industrial hubs, such as Hoodi and Bagur in East Bangalore. Such positioning of the locale makes it an ideal investment hub in Bangalore if you want to earn high rental income. Additionally, the National Highway (NH) 44 passes through the locality, providing robust road connectivity to other parts of the city and beyond.
Here are some of the primary landmarks and their distance from Marathahalli:
- KR Puram Railway Station (10 km)
- Whitefield (6 km)
- Hoodi Industrial Area (7 km)
- KR Puram Metro Station on the Purple Line (6 km)
- KLM Shopping Mall and Brookefield Mall (3 km)
- GJR International School and Pragati High School (2 km)
Sound road connectivity, proximity to social amenities, and other factors have catalysed Marathahalli's staggering rating of 4.4 out of five on the 99acres Ratings and Reviews platform.
The real estate market of Marathahalli comprises residential apartments and villas. The starting 2 and 3 BHK apartments prices in Marathahalli are Rs 65 lakh and Rs 1 crore, respectively. Similarly, villas in Marathahalli are available for sale at a starting price of Rs 2 crore. In the last year alone, property prices in Marathahalli have seen a price jump of over 24 percent, taking the average apartment price close to Rs 8,000 per sq ft.
To know the rental trend in Marathahalli, you can look at the table below.
Expected property rent in Marathahalli, Bangalore | |
---|---|
Property type | Minimum rent |
2 BHK residential apartment | Rs 16,000 per month |
2 BHK villas | Rs 24,000 per month |
Disclaimer: The above details are based on the listings posted on 99acres in August 2024.
Click here to explore properties in Marathahalli, Bangalore
Doddathoguru, Bangalore
Doddathoguru is located next to Electronic City and is home to several IT hubs. Hence, it is a preferred area among working professionals who primarily drive the rental demand. Also, its strategic location along NH 44 and NH 48 makes several important areas in South Bangalore easily reachable from Doddathoguru, which includes:
- Bommasandra Industrial Area (8 km) and Attibele Industrial Area (17 km)
- Helios Business Park (15 km)
- Heelalige Railway Station (10 km)
- Icon, Sai Vidhartha High and Dodathogur (a km)
- M5 Ecity Mall, Metro Mall and Renu Complex (5 km)
With the upcoming Namma Metro Yellow Line connecting to RV Road and Bommasandra, the connectivity aspect of the area is set to improve. This will further enhance the locale’s appeal, attracting more tenants to make Doddathoguru their home.
The realty market here is dominated by 2 BHK residential apartments in Doddathoguru starting from Rs 30 lakh. The potential return in the form of rent that you can earn by investing in a property in Doddathoguru is outlined in the table below:
Expected property rent in Doddathoguru, Bangalore | |
---|---|
Property type | Minimum rent |
2 BHK residential apartment | Rs 16,000 per month |
1 BHK residential apartment | Rs 8,000 per month |
Disclaimer: The above details are based on the listings posted on 99acres in August 2024.
Click here to explore properties in Doddathoguru, Bangalore
Favourable weather, cosmopolitan culture, and a modern lifestyle clubbed with good fortune attract many. This influx has driven up rental demand, creating lucrative investment opportunities. However, it's essential to conduct thorough research and consider factors like property demand, location, rental trends, and potential risks before making an investment. You may consult a real estate expert for the same.
See our latest webstory on Top 5 areas to earn high rental income in Bangalore