Hi,
I’ll be moving to Bangalore (HSR) for a new job and could really use some advice on setting a realistic rent budget.
My monthly in-hand salary is around 62k.
What should be my budget for rent? (Why are flats in HSR so expensive 😖) Or should I consider a PG instead?
Additionally, how much should I set aside for savings?
Any advice or insights would be super helpful. Thanks in advance!
Also, appreciate any leads on good PGs, flats and broker numbers 🙏🏻
Save atleast 35K. DON'T PARTY DON'T DRINK
BE HAPPY AT HOME. UNFOLLOW GIRLS WHI ARE DRINKING EVERY WEEKEND.
This will help you save money in bangalore.
Ideally your rent should be in b/w 20-25% range of your salary so in your case should be 12-16 k. If you go for a flat, there will be other expenses as well (maid, groceries etc) that will easily cross this mark.
Try to get a good PG (not zolo or chain type PGs - never heard anything good about them).
You should save 30% minimum. Assuming you are fresher/bachelor with no major financial responsibilities you can try to save 50% if you want to go big on savings.
Once you have a rainy day emergency fund good enough to cover your 6 months expenses, start investing as per your risk appetite.
This really helps, thank you! 🙏🏻
HSR is one of the posh areas in Bangalore so rent will definitely be on the higher side.
You can stay in HSR or look for pgs in green glen layout. Its a hotspot for pgs, food stalls etc
Hey, I'll be moving to Bangalore on the 1st of November. I am looking for well furnished flat or PG.
Any recommendations or is someone looking for flatmates? My budget is around 20k
Thanks
I am planning to move to Bangalore this month. Should I rent a flat out from nobroker or should I stay in a PG for a few months. What would be ideal? My office is in bellandur any help/suggestion is welcomed. TIA.
Hi folks I am planning to move flat, right now living in PG. Me and my friends need 3 bhk around ACES layout or Brookfield
What are tips and tricks that you guys suggest regarding rent, deposit negotiations, furniture etc ?
Thanks!!
I am moving in banglore and will be earning plenty, around 1.6 lakhs per month. But some friends are suggesting me to book a pg for some days until you find the perfect apartment with good flatmates. I don't want to live alone in 1bhk fl...
