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Bengaluru landlords start compromising on apartment rents as techies move away from IT corridors Moneycontrol.com

­ Bengaluru landlords start compromising on apartment rents as techies move away from IT corridors Moneycontrol.com

After a mad rush for rentals in the last two years, Bengaluru techies are moving away from the IT corridors to the city outskirts where rentals are affordable. Brokers say rentals in IT suburbs like Whitefield have come down by at least 15-20 percent year on year (YoY). Recently, a couple, both working in the IT field, in south-east Bengaluru's Sarjapura, decided to move from the prime Sarjapura area into the outskirts, about 5 km away.

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