Check Out Localities Where Monthly Rent Equals Price Of An iPhone 11

After months of speculations, photo leaks and curiosity regarding the specifications, technology giant Apple Inc on September 10 launched three new phones under its iPhone range, the most sought-after product globally. The three phones are – iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max.

These phones will be available at different price points. iPhone 11 is priced around Rs 53,000 onwards, iPhone 11 Pro and Pro Max will be available at a starting price of Rs 78,000.

While the Apple iPhone lovers might already have been saving money to spend on this newly launched range, some of us could rent a premium property in a premium location in India’s major real estate markets within this budget.

So, if you are looking out for a property on rent, MakaaniQ lists top localities in India's major cities where a home on rent may cost you as much as Rs 1.45 lakh per month which is the price of an iPhone 11 512 GB version. 

Delhi

The national capital has multiple options for those looking at a premium property.  One could find apartments in 3BHK and above configurations spread in an area of 2,000 square foot (sqf) and above. Most of these apartments are either semi or unfurnished in builder floors. These apartments are located in some of the prime south Delhi localities, including Hauz Khas, Vasant Vihar, Safdarjung Enclave, Green Park, Panchsheel Enclave, Maharani Bagh, Defence Colony, among others.

Gurgaon

Want to rent a property in the Millennium City at a monthly cost of an iPhone XS Max? There are multiple luxurious options available for you. Located in housing societies, you could rent a 3BHK apartment, 4BHK and 5BHK villas, too. You could pick between furnished and semi-furnished apartments spread in an area of 3,000 sqf and above, and an average deposit of Rs 2.8 lakh.  These apartments are located in some of the prime south Delhi localities, including Sector 34, Sector 48, Sector 103, Sector 50, Sector 54, DLF Phase-I, DLF Phase-II, among others.

Noida

There are only limited options for those looking for premium rental properties in Noida. However, these options are some of most spacious properties in some of the premium projects in Noida. You could find apartments in 4BHK and above configurations, spread in an area of 4,100 sqf and above. Most of these properties are located away from the congested parts of the city, and close to the key connectivity spots. For such properties visit Sector 92, Sector 128 and Sector 143B of Noida.

Mumbai

With over 290 apartments available in Mumbai for a monthly rental of Rs 1.45 lakh, the financial capital of India leads in premium rentals. For those who can afford, there are apartments with a starting configuration of 3BHK, sized 1,500 sqf and above. Furnished or semi-furnished, these apartments command a minimum deposit of Rs 5 lakh. These apartments are located in some of the real estate hotspots of the city, including Santa Cruz, Powai, Lower Parel, Andheri West, Goregaon West, Chembur, Bandra East, among others.  

Kolkata

Kolkata offers limited rental options in the premium range. Areas such as Ballygunge and Alipur, known for their premium properties and high property prices have such options. However, these apartments in 3BHK and above configurations are spacious with an area of 2,500 sqf and above. A minimum deposit of Rs 2.8 lakh is what you will have to pay.

Bengaluru

Worth the monthly rental, premium apartments are available in 3BHK and above configurations with an area of 2,500 sqf and above. What could be a deterrent is the minimum deposit you will have to make when renting. It stands at an average of Rs 14 lakh. These apartments are located in some of the prime housing societies of the IT capital of India. Move to Whitefield Hope Farm Junction, Adugodi, Nagawara, Malleswaram, Rajaji Nagar to find these apartments.

Hyderabad

In Hyderabad, you could get a 4BHK villa for a rent of Rs 1.45 lakh. These villas are located at Madhapur’s BSCPL Bollineni Homes Villa project. These are furnished and spread in an area of over 4,600 sqf. Make a deposit of Rs 2.8 lakh to move into these villas immediately.

Chennai

Down south, there are a handful of options for those looking for a high-end lifestyle. You could get a complete independent home for a monthly rent of Rs 1.45 lakh. These will be some of the most spacious options and spread over 7,200 sqf area. Bank on Uthandi, Akkarai and Egmore.

Pune

Looking for an apartment or a villa? Both these options are available for a monthly rent of up to Rs 1.45 lakh. Most of these apartments are located in a project called Panchshil Waterfront in Kalyani Nagar. You could also hunt for a high-end home in Koregaon Park, Hadapsar and Magarpatta. These options are available in 4BHK and 5BHK configurations with space ranging between 2,800 sqft and 5,000 sqf.

Note: Information is based on rental listings on Makaan.com.