Bangalore luxury apartments’ rent for a furnished apartment ranges anywhere from INR 8000/month per room to a whopping INR 16 lakhs/month for a lease. Surprised? Well, you shouldn’t be. With the economy looking to bounce back this year, people in the Garden City are shelling out the big bucks for renting flats in luxury apartments so as to live in style. So what should one expect from a ‘luxury apartment’ for rent?
Firstly, Bangalore luxury apartments rent as well as amenities are different for unfurnished, semi–furnished, and fully furnished apartments. When it comes to furnished luxury apartments on rent, one can expect spacious 2/3BHK flats with areas anywhere between 1,500–1,800 sq. feet have a large living room, dining room, utility and storage areas, 2–3 bedrooms and with balconies and sit–outs. These luxury apartments are usually located in a gated community since many people today feel that gated communities offer more safety and security.
Many of the high–end rental apartments are also Vaastu compliant due to growing importance being given to it by home seekers in the city. The house specifications for luxury homes include extensive cabinetry and woodwork in the house along with Italian flooring and ceramic tiles. They also have furniture and furnishings, and some even include appliances such as TV and a microwave. Such luxury apartments also have 24/7 electricity and BWSSB water supply along with overhead tanks so that residents needn’t bother with the water and power supply issues that regularly plague the city.
Some of the positive aspects of living in a luxury apartment are that each flat gets one covered parking. Apart from that, they also have intercom facilities with video phones/telephones for safety aspects and separate elevators for residents, visitors and guests, and residential staff. Some of the newer swankier apartment complexes even have wi-fi connectivity and CCTV cameras on site. Living in a luxurious residential complex has its perks, especially in terms of common recreation facilities such as rainwater harvesting and waste disposal facilities, club house, mini–amphitheatres and community centres, fitness centres and gyms, and swimming pools.
Bangalore luxury apartments’ rent for semi–furnished flats is lesser than that of fully–furnished ones. Semi–furnished apartments have a working and functioning bathroom, wardrobes, beds, basic cabinetry and woodwork. Kitchen and living room furnishings such as sofas and stoves aren’t included. However, the basic facilities include covered parking, elevators, maintenance staff, as well as access to common facilities such as swimming pools, gyms and fitness centres, community centres, recreation rooms, club houses, badminton and squash courts, etc.
As the economy bettered, and employment opportunities grew in the last few years, luxury rentals also saw an increase in demand. In fact, Bangalore’s mainstay rental apartment market for luxury rentals has seen growth of almost 5–15 % in the last two years, especially in areas such as Sarjapur Road, Whitefield and parts of ORR. The Bangalore luxury apartment market is certainly scaling new heights.
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