I was planning to purchase an apartment for investment in Bangalore. Since it was an investment for me, I wanted to learn about the rental yield Bangalore. So, I started digging online and learned that the rental yield was around 4.45%. I also learned that yield depends on a few factors, such as location, demand, supply, etc. I have provided a brief explanation about the same below.
What is the Bangalore Rental Yield?
As I mentioned above, the rental yield is around 4.45%, and you can calculate it by using the below formula.
Rental Yield = (Annual Rental Income / Property Value) x 100
Here are the factors that affect the rental yield in an area.
Location: Location significantly affects the rental yield of an area. Areas close to major IT Parks, educational institutions, transportation networks, etc., have higher rental yields.
Property Type and Size: The property type and size play an important role in determining the rental yield. Smaller units offer high rental yield as they are more affordable.
Market Trends: Rental yield is influenced by market trends, such as economic conditions, interest rates, etc.
Demand and Supply: Demand and supply are another important factor impacting rental yield. Areas with high demand and limited supply have a high rental yield.
This is what I have learned about the rental yield in Bangalore. And following this, I have planned to purchase an apartment in Bangalore.
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Rental yield in Bangalore can vary based on factors such as the location within Bangalore, property type, market conditions, and other economic factors.
To know about the
Bangalore rental yield, e
xplore the current real estate market situations in Bangalore. Check real estate websites and platforms that provide rental and property price data. Connect with local real estate agents or property management companies. You can also connect with real estate investors or professionals who may have insights into the current rental market and yields.
Keep an eye on financial news and reports that cover the real estate market in Bangalore. The average annual rental yield in Bangalore has increased by 20% since 2019. Bangalore has the highest rental yield, according to Anarock Research data. It was increased from just 3.6% in 2019 to 4.35% as of September 2023 end. Going by the trajectory, I think, this is bound to increase in this year as well.
To calculate, Rental Yield (%) = (Annual Rental Income/Property Value) ×100
I have tried to clear the rental yield in Bangalore in the above explanation.
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What is the Rental Yield in Bangalore?
Deepu Singh
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1 Year
2024-01-11T15:57:07+00:00 2024-01-11T15:57:08+00:00Comment
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