How Technology is Changing the Game in the Rental Industry
Technology may have been a latecomer in the rental industry, but it has transformed it in a profound and irreversible manner. Led by Proptechs like ApnaComplex Rentals, technology is changing the rental game, from the way we search for a property or a tenant to moving into a new home. From a transformation in consumer […]
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 […]
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 […]
Bidding Wars & Record Rents: It’s Peak Time for the Rental Housing Industry
May-June marks the peak time for rental housing. The summer holidays and the beginning of the new school session is often the time that many people choose to move their families to minimise any disruption. But as the imbalance between supply and demand persists, there is a scramble for well-designed and located apartments in cities […]
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, […]
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. […]
Rent Module is now available on the ApnaComplex app!
To make rent-paying a convenient and easy affair for the residents, we have introduced the ‘Rent’ Module on the ApnaComplex app. By logging into the ApnaComplex app, the tenants can now easily pay their rent by following a few simple steps: Click on ‘Rent’ under Quick Actions. In the ‘Add Rental Details’ page, add the […]
A Landlord’s Guide: 4 Things To Consider While Renting Out Your Apartment
As buying land or property is typically an expensive affair, renting an apartment becomes the preferred option for large sections of people, be it the newlyweds or those moving out to live closer to a workplace. In an atmosphere where affordable housing is in high demand, renting out your apartment is beneficial to you. So […]
