Rental Income from Apartments in Shettigere
Shettigere is becoming a preferred area for homebuyers as the future of real estate looks bright due to its prime location and investment potential. Its closeness to Kempegowda Airport makes it an attractive place to invest. As there is an emerging social infrastructure in the area, prices are increasing at a fast rate, with high rental income for investors.
As Shettigere is well connected to NH-44, it offers smooth travel to major IT tech parks. With the booming IT hubs, a lot of people move here in search of jobs, which increases the rental demand. With the Phase 2 of the metro line, the demand for rental homes in Shettigere is further increasing. It is because a lot of people wish to travel easily to their work places.
The rental income of a 1 BHK apartment in Shettigere is Rs. 15000 per month. The rental price of a 2BHK apartment in Shettigere is around Rs. 20,000 per month. A 3 BHK apartment may be around Rs. 30,000 per month for rent in Shettigere.
The Shettigere rental market mostly attracts:
- IT people who work in North Bangalore
- Business travellers who wish to stay near the airport
- Airport staff, as the area is near the Bangalore airport
- Families who wish to move closer to their business and work zones
- Families who wish for the best schools and shopping areas in North Bangalore.
A branded apartment project like Godrej MSR City offers the latest security features and modern amenities, which will help to get a good rental income for investors. As the Rental income from apartments in Shettigere, Bangalore is high, investors can get good profits.
These projects are likely to see a good rental demand and a fast price growth. As the rental prices are rising each year in Shettigere at a rate of 5%, investing here now will give long term returns. As the prices in Shettigere are still affordable when compared to other parts of Bangalore, investors can invest in it to get good returns later.
If you are thinking of investing in a flat to get a good rental income, then Shettigere in North Bangalore is worth investing in. In Shettigere, projects like Godrej MSR City are a better option to invest. It has the added advantage of a reputed builder with modern amenities. It will help attract better tenants soon. It will reduce vacancy periods, and investors can go for Godrej MSR City as an investment choice in 2025.
