Rents are coming down in Bengaluru | Rebooting Bengaluru

You may have read about San Francisco reporting a whopping rise in empty homes as more people choose to work remotely from places that don’t have a high cost of living, taxes or risk of virus. Many homes are also…

Rents are coming down in Bengaluru | Rebooting Bengaluru

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You may have read about San Francisco reporting a whopping rise in empty homes as more people choose to work remotely from places that don’t have a high cost of living, taxes or risk of virus. Many homes are also going empty in India’s Silicon Valley, Bengaluru as more professionals work remotely, leading to a rise in vacancy rate in its startup hubs such as Koramangala.

Indira Nagar and HSR Layout. landlords in Indiranagar & Koramangala are willing to renegotiate and reduce rentals up to 15% while in HSR Layout it is seen to be anywhere between 10-12%. Chandra R Srikanth finds out more in this special report.

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