u/Fafman

I have a ~25-year-old ground floor apartment located right behind Gopalan Mall on Old Madras Road. It’s a very spacious unit, over 1,600 sq ft with 3 bedrooms, plus an additional ~600 sq ft private garden area.

Currently, I’m only getting around ₹42K/month in rent, and I know I’m probably underpriced. Curious to hear from folks familiar with the area, roughly how underpriced do you think this is in today’s market?

Also thinking long term: would you hold on to a property like this for rental appreciation/redevelopment potential, or consider selling and reinvesting elsewhere?

Would appreciate any insights from people with experience in Bangalore real estate.
Edit; fixed the sq ft typo