Forget paying an exorbitant amount as rent, security deposit and for having a decent life in Bengaluru. Apartment hunting itself is a task and can burn a hole in one’s pocket. As you may have heard, autorickshaws, cabs and bike taxis are expensive in the Silicon Valley of India. And hence, a person hunting for an apartment and travelling from one locality to another ends up spending a lot of money on travel alone. On top of that there’s the money one has to pay to the broker who is showing you around.
As a result, companies and brokers are coming up with apartment-hunting packages which include a choice of vehicle, pick-up and drop services and showing 5-6 properties, reports Moneycontrol.
For example, Sunil Singh, founder of Realty Corps in Bengaluru, has been running an “orientation programme” for tenants. The apartment-hunting packages start from Rs 10,000. One is given an array of vehicle choices, from hatchbacks to sedans. Prospective tenants are picked up from their place and after looking at properties, are dropped at their destination too.
The package also includes touring prime locations in the city like malls and restaurants and even visiting nearby schools. For corporates, there are packages that include pick-up from airports, but they cost more.
This is a result of companies resuming work from the office. There has been an influx of employees in the city and hence, everyone is looking for an apartment. This has also caused rent to skyrocket. Earlier, a 2 BHK in a standalone building in a place like Whitefield used to cost Rs 25,000 as rent. Now, the prices have surged to Rs 35,000-Rs 38,000.
What are your views regarding these apartment-hunting packages?