Birla Ojasvi Rent

In the Garden City, Birla Group is developing a new residential complex called Birla Ojasvi Rajarajeshwari Nagar, which will have 1BHK, 2BHK and 3BHK luxury apartments. With the creation of this residential complex, Birla Ojasvi, RR Nagar—a southern suburb of Bengaluru—has significantly improved its connection. Its boundaries are shared by well- known places including Bannerghatta Road, Mysore Road, Electronic City, and the proposed Peripheral Ring Road. The region is well-connected to the rest of Bangalore by BMTC buses, with major thoroughfares such as Outer Ring Road, 80 Feet Road, Chunchgatta Road, Vajarahalli Road, and Marenahalli Road intersecting it.

One can even Avail the Birla Ojasvi Rajarajeshwari Nagar Rent in a contemporary apartment complex constructed by the Birla Groups is one of the best options for people looking for luxurious and peaceful living. The project is yet to be launched. It is situated in Bangalore's lovely RR Nagar neighborhood. Spread across a vast area. Residents can enjoy luxury, comfort, and convenience with this project's array of amenities and services.

Birla Ojasvi Projects Highlights
Type Apartment
Project Stage Prelaunch
Location Rajarajeshwari Nagar, Bangalore
Builder Birla Estates
Floor Plans 1,2 & 3 BHK
4 BHK Villas
Price Rs. 70 Lacs* Onwards
Total Land Area 10 acres
Total Units 630 Units
8 Row Villas
Size Range 600 - 3800 Sq Ft
No.of Towers 3 Towers
No.of Floors B+G+33 Floors
Approvals Onrequest
RERA No Applied
Launch Date Onrequest
Possession Date 2028 Onwards

It you planning for short term then renting would be the best option rather investing more in buying an apartment. Here is a piece of information that would help you finding a best place for renting an apartment.

Reasons Why Renting Could Be Better Than Buying

No Upkeep Fees or Repair Bills:

No Upkeep Fees or Repair Bills

The absence of maintenance and repair expenses is one advantage of renting a house. This implies that your landlord has complete responsibility for all upkeep, repairs, and improvements when you rent a home.

You have to call your landlord to get an appliance fixed or replaced if it breaks down or your roof leaks.

Obtaining Amenities:

Obtaining Amenities

Renters also profit monetarily from having access to amenities that would otherwise be quite costly. Many midscale to affluent apartment buildings have amenities like fitness centers and in-ground pools as standard features, at no extra cost to tenants.

Real estate taxes are exempt:

Real estate taxes are exempt

The absence of property taxes for renters is one of the main advantages of renting as opposed to buying. Depending on the county, real estate taxes can be very expensive for homeowners. In certain regions, the annual expenses related to property taxes can reach millions.

Absence of a down payment:

Absence of a down payment

The upfront expense is another area where renters benefit monetarily more. In most cases, renters must pay a security deposit. And that's the norm as well. If they haven't damaged the rented property, they should presumably get their deposit back when they vacate. However, you must have a substantial down payment when buying a home with a mortgage—typically 20% of the property's worth.

Greater Freedom in Choosing Where to Live:

Greater Freedom in Choosing Where to Live

Homeowners are limited to places where they can afford to buy, but renters can live almost anyplace. Renters may absolutely live in pricey neighborhoods like Rajarajeshwari Nagar, even if most property purchasers cannot afford to do so. Compared to home buyers, renters are more likely to find a reasonable monthly payment, even though rents can be high in locations where property values are also high.

Ability to Reduce in Size:

Ability to Reduce in Size

At the end of their lease, tenants have the opportunity to downsize to more reasonably priced living quarters. This kind of flexibility is particularly crucial for retirees who wish to downsize to a smaller, more affordable option that yet fits their budget.

Set Rent Amount:

Set Rent Amount

For the duration of the lease, the amount of rent you pay is set. Landlords have the right to increase rent at any time, but since you know how much rent you have to pay, you can budget more effectively.

It would help if you considered renting at Birla Ojasvi Rajeshwari Nagar for several reasons:

  • Firstly, the development offers premium features and first-rate amenities to provide residents an extra-opulent living experience.
  • Secondly, many amenities within the project provides plenty of options for entertainment and leisure.
  • Thirdly, the project is constructed with ecologically friendly parks and gardens, sewage treatment, rainwater collection, solar lights in public spaces, etc.
  • Fourthly, the project has been carefully designed with state-of-the-art safety measures, including CCTV monitoring, firefighting equipment, smoke and heat detectors, and security systems.
  • Lastly, the project's superb location allows residents to easily travel to their destination, even if it takes a little while.

Here is a list to help those who are renting their first apartment in Bengaluru:

Tenancy agreement:Tenants are required to have a complete understanding of the rental agreement.  Verify that the agreement accurately defines "break" and "release."

Security Deposit:When renting an apartment, a tenant must provide the landlord with a security deposit, which he refunds at the end of the lease.

Budget:Establish your budget by determining how much you can pay for rent, utilities, and other costs.

Facilities on hand:Consider the features that the home has to offer.

Location:Select the easily accessible spot that best meets your requirements.

Maintenance fees:Address any additional costs beyond the rent, such as water and parking fees.

No Pets Allowed:If you're an animal lover, determine whether your landlord allows pets in the home.

Notice period:Bring it up at every opportunity. Though some owners may need a three-month notice, it usually ranges from one to two months.

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Disclaimer: Any content mentioned in this website is for information purpose only and Prices are subject to change without notice. This website is just for the purpose of information only and not to be considered as an official website.