Advice on Picking the Best Rental Home

It can be difficult to find the greatest rental home in your desired city at a reasonable price. This is due to the fact that in addition to the rental price, you also need to consider a number of other criteria, like security, connectivity, parking, amenities, maintenance costs, and much more. Whether you want to live alone or with family, we have a few short ideas you can take into account when looking for an apartment to rent. We have also provided a summary of the rental costs for homes in some of the most prestigious Indian cities.


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8 Things to Think About When Choosing a Rental Home

There are several considerations you should make when looking for a rental home or apartment. The important considerations you should bear in mind to locate the ideal rental home for you are listed below.

Budget Consideration:

The first step in looking for a rental home is to take your budget into consideration. You need to make a budget while taking into account all of your financial and real estate preferences. The rent does not include utilities or any other supplemental costs. In order to avoid falling behind on your rental payments, you must estimate how much rent and other essential utilities you will need and determine whether you can afford them.

Property Location:

When selecting a rental home, make a list of areas in which you feel at ease. You can look at the websites near your workplace or children’s school. Additionally, confirm that there are quality medical facilities, entertainment venues, shopping complexes, etc. within at least a 5–10 km radius. Make sure to check for basic services like gas and water supply in your preferred neighbourhood before renting an apartment.

Property Type:

Based on the type and dimensions of the property you need; you may begin researching your apartment for rent possibilities once you have an approximate rental amount and location. By going to the website of a reputable real estate aggregator, you may do this quickly and efficiently. All you have to do is go to the website of your preferred aggregator and use the appropriate filters. In this manner, you can narrow down your list of potential rental homes to those that are most suitable for you.

Infrastructure & Connectivity:

Before selecting to rent a house, you might also consider the benefits of connectivity. The area where you select a rental home needs to be developed and connected to other areas of the city. You may streamline your daily routine and save time and money by choosing an apartment for rent that is close to a metro station or a bus stop.

Safety & Security:

When renting a home or apartment to live alone or with family, security is one of the most important considerations to take into account. Check the security services offered in the community before selecting a rental home if it is in a gated community. Look at the amount of security cameras that are in place and the quantity of security officers that are always on duty. On the other hand, while selecting a standalone rental home, remember to look into how well-equipped the neighbourhood and lanes are. Make sure the society has security cameras installed at each of the gates.

Maintenance Fees:

If you intend to rent an apartment, you must discuss maintenance fee requirements with the landlord. Electricity boards, cable connections, furniture, water taps, and other common elements might not be a problem. However, things that require a lot of upkeep, like the colour of the walls, can come up for discussion. Knowledge of these factors can help prevent such situations.

Rental Agreement:

Carefully read over the terms & conditions of the rental agreement before signing it. You might disagree with or have trouble understanding a couple of the terms. Before renting a house or an apartment, speak with your landlord to get the details. Additionally, find out from the property owner how much of a deposit is required before moving into the rental home of your choice.

Ownership/Title Check:

Running a title check to determine who owns the rental home can prevent you from engaging in any shady business dealings. Investigating the rental home’s transaction history is known as a “title check.” You can ask any legal counsel for help obtaining a title check.

 

The typical types of properties that you might think about renting are listed below.

Apartments: It’s simple to find apartments for rent in a range of sizes, including 1BHK, 2BHK, 3BHK, & higher. You can find four- or five-bedroom apartments in metropolises, as well as penthouses on the top floor. If you intend to move in with your family, apartments for rent with several bedrooms may be a wonderful option. If you’re a bachelor or a student, though, you might want to think about shortlisting a studio apartment for rent.

Builder Floors: Four or five-story low-rise buildings are typically used to house builder apartments. In these buildings, every floor is independent and is owned by a different owner. Apartments differ from builder floors. In contrast to flats, builder floors are divided into parts that are owned by the property owner and the builder in accordance with the conditions of the contract.

Villa: These are rental residences that are found in guard-gated communities. They feature a sizable area with numerous balconies and a backyard or lawn. Villas in advanced societies offer a wide range of special advantages and convenient amenities.

Bungalow: Compared to normal houses, these kinds of rental homes are typically larger. Every bedroom has a balcony, as well as a garden and a separate parking place. If you have a large budget, renting a bungalow is a good choice.

 

Rental Prices in India’s Big Cities: Budget-Friendly and Expensive Locations

See below for the typical monthly rent for a home or apartment in a major Indian city in a budget-friendly and upscale neighbourhood.

City Name Locality Average Rental Rate (per square feet)
Mumbai Juhu Rs.70 – Rs.115 Per Sq. Ft.
Worli Rs.77 – Rs.134 Per Sq. Ft.
Borivali West Rs.30 – Rs.47 Per Sq. Ft.
Kandivali Rs.24 – Rs.42 Per Sq. Ft.
Chembur Rs.34 – Rs.55 Per Sq. Ft.
Bangalore Basavanagudi Rs.16 – Rs.26 Per Sq. Ft.
Indira Nagar Rs.18 – Rs.33 Per Sq. Ft.
Koramangala Rs.19 – Rs.31 Per Sq. Ft.
Frazer Town Rs.17 – Rs.28 Per Sq. Ft.
HSR Layout Rs.16 – Rs.27 Per Sq. Ft.
Chennai Medavakkam Rs.10 – Rs.15 Per Sq. Ft.
Ambattur Rs.10 – Rs.16 Per Sq. Ft.
Thiruvanmiyur Rs.16 – Rs.26 Per Sq. Ft.
Kottur Rs.22 – Rs.39 Per Sq. Ft.
Anna Nagar Rs.17 – Rs.28 Per Sq. Ft.
Kolkata Gariahat Rs.23 – Rs.33 Per Sq. Ft.
Alipore Rs.24 – Rs.43 Per Sq. Ft.
Salt Lake City Rs.15 – Rs.25 Per Sq. Ft.
Rajarhat Rs.11 – Rs.18 Per Sq. Ft.
Ballygunge Rs.20 – Rs.33 Per Sq. Ft.
New Delhi Jor Bagh Rs.75 – Rs.129 Per Sq. Ft.
Mayur Vihar Rs.15 – Rs.24 Per Sq. Ft.
Defence Colony Rs.38 – Rs.68 Per Sq. Ft.
Uttam Nagar Rs.12 – Rs.19 Per Sq. Ft.
Model Town Rs.17 – Rs.28 Per Sq. Ft.

 

Homes for Rent in India’s Biggest Cities

By using a few filters on our website, you may quickly select a rental home that meets your needs. The links to the property pages where you can find the ideal rental home in your desired city can be found below.

Names of Cities Pages Links for Houses for Rent
Mumbai House for Rent in Mumbai
Ahmedabad House for Rent in Ahmedabad
New Delhi House for Rent in New Delhi
Kolkata House for Rent in Kolkata
Hyderabad House for Rent in Hyderabad
Pune House for Rent in Pune
Noida House for Rent in Noida
Thane House for Rent in Thane
Chennai House for Rent in Chennai
Gurugram House for Rent in Gurugram

 

Conclusion: How to Pick the Best Rental Home

You may start the search for a good apartment to rent right away now that you are aware of how to do it. Keep in mind the aforementioned advice to speed up the procedure. Additionally, you may use the appropriate filters on our properties page to quickly identify the ideal house for rent.

To discuss your preferences and receive a better apartment for rent in accordance, you can also get in touch with our customer service staff. Your property-related demands are analyzed by our team of real estate professionals, who then quickly assist you in finding the ideal rental home. and more than that! In order to make your move as simple as possible, we also offer packer and mover services.

 

 

 

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Disclaimer: The views of this expressed above are for informational purposes only based on the industry reports & related news stories. Navimumbaihouses.com does not guarantee the accuracy of this article, completeness, or reliability of the information & shall not be held responsible for any action taken based on the published information.
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