for Rented Accommodations? Simple Tips for Searching Property on
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.
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
Location keeping in mind the distance from your place
of work, children's school etc.
can you shell out as rent based on your overall budget
Floor, First Floor or higher options
of basic amenities and healthcare etc.
All Sources For Locating Suitable Property -
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
Estate and Property Websites
Read the classified
ads in newspapers
(keep in mind that you will have to pay them commission
that may be atleast 1 -2 months' rent.
Your Eyes & Ears Open - When you go over to check
an apartment or house to judge its suitability -
Try to talk to
neighbours to find out more about the locality, the landlord,
safety factors etc.
Check to see if
the basic amenities such as water supply, electricity etc are
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!
Author: Akanksha is a freelance content writer. [email protected]