Prestige Fernvale Rent

Prestige Fernvale Rent of apartments will start at Rs. 35,000 onwards for a 2 BHK flat upto Rs. 60,000 for a 3 BHK, including maintenance charges. The venture features 2 and 3-BHK well-built flats ranging from sizes 1100 sq. ft. to 2000 sq. ft. The venture is nestled in the prime area of Sarjapur Road, East Bangalore.

The rent of the property is dependent on factors like area, size, township, builder, and the locality's rental market. Prestige Fernvale offers the best locality as it is in a prime tech hub. It is a part of the grand Prestige City, Bangalore and is phase 6 of the mixed-use township.

The township features two types of apartment configurations with different features and built sizes.

These are listed below, along with their expected rental value:

Note:

• Maintenance is calculated at Rs. 5 per sq. ft. per month and added to the base rent.
• Actual rents may vary slightly based on floor level, view, furnishings, and market demand.

What Is Rent?

Rent refers to a home that an investor purchases and then provides to tenants for residency under a lease or rental agreement.

Rentals on Sarjapur Road

The rentals on Sarjapur Road are affordable, starting at Rs. 25K onwards for 1 BHK, and it depends on the type. These include furnished and unfurnished units. The 2 BHK flats range from 30 to 40K, 3 BHK flats with prices set at between 40-60 K, and 4 BHK flats are set from 50K to 70K.

Independent houses are available for rent on Sarjapur Road, near Sarjapur Police Station and Marathahalli. These listings can be found on OLX, with rental prices ranging from Rs. 20,000 to Rs. 40,000, depending on the house owner.

Rentals in East Bangalore

Many buyers purchase a second home for investment purposes, making rental income a significant factor for them. In East Bangalore, the average monthly rent typically varies between Rs. 40,000 and Rs. 1 lakh based on the builder and the specific project.

There is currently a very high demand for 3 and 4 bedroom apartments within this specific region. The rental price for a 1 BHK home in East Bangalore begins at approximately Rs. 15,000 per month. 2 BHK homes are available for rent starting from Rs. 25,000 onwards in the same area.

Independent houses for rent in the area are also available with rates ranging from Rs. 50,000 to Rs. 1 Lakh, which do not include additional maintenance charges.

Why Choose Prestige Fernvale Rental Properties?

• Prime location – The project site is situated in the prime area of Whitefield near large IT hubs. It has excellent schools and colleges nearby, which makes it an ideal location for families. Having all these features close by will significantly reduce travel time.
• Best amenities – The project offers top-tier amenities to provide a comfortable lifestyle for its residents. These features include a grand swimming pool, a gym, and a dedicated play park for children.
• Safety – The project is very secure because it includes advanced safety features. These measures consist of trained security personnel available 24/7 and a network of CCTV cameras.
• Job offers – The area is located near major IT hubs such as ITPL, Wipro, and Brigade Tech Park. These centres offer many job openings, making this project a preferred rental choice to save time on commuting.
• Good transport network – The project connects to all parts of the city through a strong network of trains, buses, and the metro. The Purple Line of the metro is located near the project and provides excellent connectivity.

Rental Options in Prestige Fernvale

There are two distinct types of rental options available within the project. A lease serves as a long-term option, while a standard rental serves as a short-term choice.

• Rental option – The rental option/choice refers to homes purchased by investors that tenants occupy for a shorter duration of time.
• Lease – A lease outlines the specific terms under which a tenant or renter agrees to use a property for a long period. It is a high-quality option for renting because it provides all the features needed for a modern lifestyle.

Prestige Fernvale Highlights