Looking For Rented Accommodations?
Simple Tips For Searching Property On Rent
It has been rightly said
that food, clothing and shelter are three of the basic and most
essential requirements for survival. Life without any of these 3
essentials will be difficult and this is why each and every one of us must
work towards building a life that is secure and has all these three
essentials in place.
The demand for rented
accommodations & property - flats and houses on rent is on a all-time
high. This is true despite the fact that there has been a significant rise
in dispensable income as compared to say 10 years back, flexible home loan
options offered by most banks and a desire to own one's own home.
There is still a large
percentage of the Indian population which is looking for affordable
and dependable property on rent. With urbanisation, a rise in population,
the desire to utilize greater opportunities in a bigger city etc, a
lot of people come to larger towns and cities, thus creating a greater demand
on housing facilities. Not everyone can afford buying their own property
due to the exorbitant rates. While there are others such as outstation
students, single working men and women, families who have their own
property in their home towns but want to live in a different city etc for
whom renting property makes the most sense.
Whatever be the reason
for taking property on rent - apartments, flats or houses - there are a
number of factors that must be taken into account to simplify the whole
process of searching for good rented accommodations. Here are some tips
that may help you along the way -
Plan In Advance - Whether you are planning to settle in
a new city for education or about to retire from your current job, begin
the task of looking for property on rent well in advance! This is because
searching for and finding a good rented accommodation that meets your
specific requirements takes a lot of time, patience and coordinated
efforts. Don't leave this to the last month or week because you never know
how much time it may take to find something that meets your need.
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Be Clear About What You're Looking For -
Unless you have clarity about what you require, you will not be able to
channel your energies in a focused manner towards finding such property on
rent that meets your / your families' need. Narrow down on your
preferences based on the following points -
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Preferred Location
keeping in mind the distance from your place of work, children's school
etc.
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How much can you shell
out as rent based on your overall budget
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Ground Floor, First
Floor or higher options
-
Availability of basic
amenities and healthcare etc.
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Tap
All Sources For Locating Suitable Property -
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Inform your friends,
relatives and acquaintances that you are looking for good rented
accommodations (specify your preferences) and that they can let you know
in case they come across any good options.
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Visit Real Estate and
Property Websites
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Read the classified ads
in newspapers
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Contact brokers
(keep in mind that you will have to pay them commission that may be
atleast 1 -2 months' rent.
Keep Your Eyes & Ears Open - When you
go over to check an apartment or house to judge its suitability -
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Try to talk to neighbours
to find out more about the locality, the landlord, safety factors etc.
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Check to see if the basic
amenities such as water supply, electricity etc are in place.
Be
Informed - Try to have a basic
idea about the going rental rates in that area. Have a thorough discussion
with the landlord and understand all the terms and conditions before
signing any papers. Clarify any points that you may have in mind.
A little bit of planning and
focussed efforts can help in simplifying the entire search. All the best!
Contributing Author: Akanksha is a freelance content
writer. Contact her at aks_design@rediffmail.com
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