Enhancing Tenant Experience with Rental Management Services
A rental property is a valuable investment property. However, managing a rental property can be challenging, especially for absentee owners like non-resident Indians. Even owners living in the same city can find it difficult to be available for site visits or handle queries from prospective tenants. On the other hand, tenants today expect appropriate returns […]
Looking for a home? Beware of the hidden costs of renting an apartment
With the spiraling rentals rates today, most tenants are preoccupied with calculating how much they can afford to pay every month. In the process, they often fail to plan for unexpected or hidden costs. Quite often these can be substantial, adding significantly to the monthly rental. While some of these may be stated upfront, such […]
Selling Kidneys, Jewelry – How People are Arranging for a Rental Security Deposit
For those searching for a home in cities like Mumbai and Bengaluru, rising rents are just one part of the problem. As landlords get to take their pick, the more immediate concern seems to be finding the funds to pay their security deposit. Recently, a funny post surfaced on social media where a user joked […]
Everything you Should Know about Rental Security Deposit
When looking for a rental home, the actual rent is only part of the deal. Before that comes the essential and substantial responsibility of paying a rental security deposit. There are good reasons for charging a security deposit as it provides security to the landlord. However, it can run into lakhs in certain cases. In […]
It’s Boom Time for Rental Housing Demand. What Does it Mean for You
The rental housing market is going through a boom with major metros seeing a hike in prices when compared to the pre-COVID period. Housing rents in Mumbai Metropolitan Region and Bengaluru have gone up by as much as 15-20%. In Pune, the hike is anywhere between 10-20% while the NCR has seen a 10-15% rise. […]
Online petition against high security deposits charged from tenants in Bengaluru
Landlords demanding for a 10-months to 1-year security deposit from prospective tenants is quite a common norm in Bengaluru. This practice is often quite shocking for young professionals migrating from other cities to Bangalore since this trend is still not very prevalent in other major Indian cities. Fresh college graduates who have just joined a […]
Apartment Complex Basics – Things To Verify About Your Tenant
With a lot of people now shifting towards the apartment complex phenomenon, away from independent houses, chances are that you’ll be bombarded with options when you start searching for tenants for your apartment. Accommodation in major Indian cities is a very important aspect, and there are countless families and single working bachelors looking for flats […]