12/02/2013

Renting It Right


Renting a home can be nothing short of a modern day nightmare in today’s scenario. It is inevitable in most cases though. Many of us end up working or studying in distant locations across India. Some of the most common obstacles faced while looking for a place to rent are:
  • Lack of proper information with regard to homes for rent in a particular area
  • Steep prices and high deposit payments
  • Lack of adequate food and entertainment options nearby
  • Proximity to one’s office or workplace
It is important to go about the process in an organized manner. The first step involves prioritizing your own needs. If you are new to a particular city, you need to take the following into account:
  • Particular kinds of neighbourhoods that you prefer
  • Number of people in your family
  • Pet animals that you may have
  • Location preferences i.e. proximity to malls, shopping centres, your workplace or child’s school
Renting Strategies you can use

There are various strategies that you can employ with regard to renting a home in India. There are various houses and flats that are leased out on a regular basis. Students or other newcomers can try flat-sharing. This ensures both privacy and affordability on account of splitting costs. Private bathrooms are often available too. Find out whether backup power is available at your location in the form of generators or battery power.

If you want to install an air conditioner, clear that out with your landlord as well. You will have to be prepared to pay higher electricity bills though. Ensure that the rental agreement is to your liking. Rent is almost always negotiable so try to get the best possible deal. Check whether your accommodation needs any repairs. If yes, get the same executed by your landlord before moving in. These strategies will help you find a house for rent in Trivandrum, Mumbai, Chennai, Bangalore and any other major area.



Some Information on the Lease or Rental Agreement

It is important to know about the agreement you sign with your landlord or property owner. The landlord may ask for a deposit amount equivalent to rent payments for six or ten months. This is also negotiable and depends on the duration of your stay. However, this deposit amount should always be refundable when the tenant departs. Lease durations usually extend till eleven months and can be extended. This has to be arranged in advance. Ensure that the agreement is registered and a duplicate copy provided to you.

Finding Your Desired Accommodation

Finding accommodation in India is not as daunting a task as it is made out to be. You need to use the internet wisely and check out available listings online. You can also look for flat-sharing partners online. The internet makes it possible to post free ads. Be sure to provide your contact phone number and other contact details in your ad. You can also consult your friends and relatives living in that particular city for more guidance.




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