Lack of parking facilities depreciate real-estate assets in Bengaluru
Lack of parking facilities depreciate real-estate assets in Bengaluru. This issue prominently affects property values and rentals across prime areas. Property Value Drops Rental and capital values for apartments without parking spaces fell by 15-20 percent in Bengaluru. A 2BHK with parking commanded Rs 40,000 monthly rent, compared to Rs 18,000-22,000 without it. Properties priced […]