We stayed at the Golden Residency for a period of 3 days in October and had a fairly good experience there. The hotel is located not too far from MG Road, Brigade Street and Indiranagar and popular bus station called Majestic which has connecting buses to everywhere, including the airport.
The rooms itself were a bit small for the price, but fairly decent. We found the rooms were clean, but the washroom could have been maintained a bit better. While the bed and cooling was comfortable, the room had a problem of stale air for which we had to complain.
The served breakfast was decent, but wouldn't call it exceptional given the rates we were paying. The staff were courteous and helpful and made sure we were not inconvenienced in any way.
Overall, a good hotel for a budget stay - especially good for a short trip in the city.