Rental Guide for Homes Near Brigade Lumina
Brigade Lumina is a new apartment project in Chikkabidarakallu on Tumkur Main Road in West Bangalore. It is close to the Nagasandra Metro station on the Green Line. This makes travel easier for many people who work or study across the city.
What the Project Offers
Brigade Lumina is planned on 4 acres. It has 3 towers with 22 floors above ground (plus 2 basements). There will be 440 apartments in 2 BHK and 3 BHK sizes, from about 1,100 to 1,600 sq ft. Prices start around ₹1.5 crore. The timeline shared is: pre-launch in 2025, launch in August 2025, and possession by December 2030.
Why People Rent Here
The metro helps people reach offices faster. There are also many jobs near Peenya Industrial Area, which is a big workplace hub. Because of this, many families and working people look for homes to rent near Nagasandra and Tumkur Road.
What Rents Look Like (Today’s Rough Guide)
In nearby buildings around Nagasandra/Tumkur Road:
- A 2 BHK often rents for about ₹18,000 to ₹35,000 per month.
- A 3 BHK often rents for about ₹35,000 to ₹50,000 per month.
These are just examples. The exact rent depends on the building, the size, the floor, the view, the furniture, and how close it is to the metro.
What “Rental Yield” Means
Rental yield tells you how much rent you earn each year compared to the price you paid for the home.
How to calculate it:
Annual Rent ÷ Home Price × 100
Example:
If a home costs ₹1.5 crore and the rent is ₹30,000 per month:
- Yearly rent = ₹30,000 × 12 = ₹3,60,000
- Yield = ₹3,60,000 ÷ ₹1,50,00,000 × 100 ≈ 2.4%
If the rent is ₹40,000 per month:
- Yearly rent = ₹4,80,000
- Yield ≈ 3.2%
This is called gross yield. The net yield will be lower after you pay maintenance, property tax, insurance, and allow for any empty months.
Simple Tips for Buyers
- Check real rents close to the possession year (around 2030). Prices can change.
- Do a safe plan: assume a few weeks of vacancy and include all costs.
- Verify details: read the latest Brigade brochure and check Karnataka RERA for timelines and approvals.
- Compare nearby options to make sure the rent you expect matches the price you pay.
Homes near Brigade Lumina can be good for renting out because of the metro and nearby jobs. Based on today’s example numbers, a simple estimate shows about 2.4% to 3.2% gross rental yield at a ₹1.5 crore price. Your actual result will depend on the rent in 2030, your exact apartment, and your costs.
