Rental values in BTM Layout

Q: What is the rental value of an apartment in BTM Layout?

Darshan Shetty, Bangalore

22nd April 2013

Real estate News in Bangalore

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rental values

apartments in btm layout

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Replies (6)

Good news!!! BTM Layout is at number 10 in the list of most preferred locality for rent. What is the reason behind this?

Harmeet Kaur,

19th February 2015

Comment

The reason BTM Layout managed to enter the list was its closeness to the commercial hub of the city and affordability.

Kunal,

19th February 2015

Yeah true, but what I feel is that the rental in Koramangala is touching the sky for which the most preferred locality for leasing property as well as BTM Layout's closest neighbor. The area registered a 3 per cent rise in values in this quarter.

Venugopalan, Bangalore

19th February 2015

After reading all the comments posted I feel Koramnagala has lost its demand. Whats your take?

Sachin bhatt, Bangalore

19th February 2015

No, the demand for rented property is stable as people prefer to stay close to their work place. The extreme demand for rental properties in the area has further pushed up the prices for which it is a win win situation for BTM Layout

Ramesh Reddy, Bangalore

19th February 2015

Another reason for the rental rates here are being driven by several ITES companies mushrooming along the main road of the layout. Earlier there were only few companies in this locality. Today several call center companies have set up their offices in this area. As the employees of these organizations are not able to afford renting houses in HSR Layout, Jayanagar or JP Nagar, the rental rates of BTM Layout is witnessing increasing rental values, says a real estate expert.

Venugopalan, Bangalore

25th April 2013

Comment

There is no free land available for developments in BTM Layout. But due to its strategic location and corporation water supply the area has seen an increase in demand in rental values. The rental value for a 2BHK in some of the inner areas was as low as Rs 7,000. But today, there is not a single area where the rental value is less than Rs 18,000.

Ramesh Reddy, Bangalore

25th April 2013

Comment

Rental values in Koramangala range within Rs 21,000-25000 per month for a 2BHK flat while BTM Layout offers a same sized unit for Rs 15,000-21,000 per month.

Krupa Vasavaraj, Bangalore

19th February 2015

It is surprising that BTM Layout has witnessed an increase in rental values because the area is known for its congested road with unmanageable traffic jams due to its close proximity to Maruthi Layout, a primarily working class area.

Nagesh, Bangalore

25th April 2013

Comment

BTM layout is one of the well developed areas of South Bangalore with Jayanagar, JP Nagar and Bannerghatta Road on one side and HSR Layout, Marathahalli and Electronic city Junctions on the other side.

Balaji, Bangalore

24th April 2013

Comment

The average rental value of a 2 BHK with 1200 sq ft in BTM Layout was Rs 10,000 a year ago, which has now become Rs 22,000. If the place has a park facing then the rate goes up by Rs 4000 extra. The price of a basic 2BHK apartment in this area starts from Rs 18,500.

Navin Verma, Bangalore

24th April 2013

Comment