Get the most out of your rental income
When rentals are soaring, do you find your rental income falling short? Even in a landlord market, the cost of being a homeowner is quite high. Rent ensures regular returns on a real estate investment. For those with home loans, it is also essential to reduce the burden of EMIs. Getting the most out of […]
Know all about Society Maintenance Charges
One of the expenses of living in a gated community is the maintenance fee. It is the price one must pay to avail of the amenities and facilities. As a regular expense, it can significantly raise your cost of living. Hence, it’s important to understand society maintenance charges and what they consist of. What are […]
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 […]
Enhanced Services & Occupancy Rates: How Home Rental Companies Help Management Committees
One of the interesting trends to emerge in the rental industry is the mandate model. Home rental companies work with Management Committees (MCs) or Resident Welfare Associations (RWA) to manage rental properties. It’s a win-win arrangement that can help rental companies, homeowners, and community bodies. What is a mandated rental model? Home rental companies tie […]
Hybrid Approach & Rising Rents: Evolving Trends in Home Rental Management Services
The real estate sector saw some turbulent times in the recent past. A slump in revenues during the initial COVID period was followed by a robust recovery in 2021. The rental industry also went through a similar recovery with record rents reported last year. What does the future hold for home rental management companies? Trends […]
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 […]
Tenant Verification: Why & How you should do it
In recent years, there has been a marked increase in rental scams. In separate incidents, two landlords in Bengaluru were scammed by prospective tenants who siphoned off their savings using UPI QR codes. Similar cases emerged in Pune and Mumbai. Getting a tenant requires a huge amount of trust. Every landlord trusts that the tenant […]
Rental & Lease Scams: What they are & How to Avoid them
Every landlord today knows the importance of tenant KYC and background check. But few tenants bother checking up on their prospective landlord. This can prove to be foolhardy. As rental and lease scams increase in India, tenants should beware of such frauds where they stand to lose their hard-earned money. Whether a landlord or tenant, […]
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 […]
