RESIDENTIAL RENTAL Bengaluru: Snapshot of Typical Asking Rents (approx) MARKET TRENDS This information is brought to you by our Supply Chain partner, IOS Relocations Typical length of tenancy 11 months STANDARD PREMIUM Notice period 2 months Lake Vista, Pebble Bay (Apartments), Prestige Ozone, Waterville, Water Woods, Paradise Nest, Skylark Greens, Communities Prestige Silver Oaks, Adarsh Serenity, Central Bengaluru, Chaithanya Armdale, Ferns Paradise, Brigade Caladium, Typical deposit Central Bengaluru, Builder/Private Apartment at Builder/Private Apartment at EBD/NBD/SBD 3 to 6 months EBD/NBD/SBD Unique situations Indicate if Indicate if It is not compulsory to register the rental price is rental price is lease as long as it is not above 11 Rent From Rent To up, down or Rent From Rent To up, down or Property Pro昀椀le months’ duration. All leases with a (INR/Month) (INR/Month) unchanged (INR/Month) (INR/Month) unchanged tenure of more than 11 months must from previous from previous quarter quarter be registered. Typical Size 1 Bed Apt NOT AVAILABLE NOT AVAILABLE 2023-Q4 Typical Size 1,200 sqft 1,500 sqft 1,500 sqft 1,700 sqft 2 Bed Apt 2023-Q4 40,000 90,000 — 80,000 150,000 — Typical Size 1,600 sqft 2,000 sqft 2,500 sqft 3,500 sqft 3 Bed Apt 2023-Q4 90,000 140,000 — 110,000 200,000 — Typical Size 3,000 sqft 4,000 sqft 4,300 sqft 5,000 sqft 4 Bed Apt 2023-Q4 140,000 240,000 — 150,000 300,000 — Typical Size 3,800 sqft 4,500 sqft 4,500 sqft 5,500 sqft 4/5 Bed House 2023-Q4 160,000 250,000 — 275,000 475,000 —
Q4 2023 Housing Matters Report Page 18 Page 20