Guide To Choosing a Rental Home

Posted by Chandak Group on October 29th, 2019

For people who are in search for rental accommodation in a city like Mumbai, affordability could be a crucial factor. Landlord would like to provide all the amenities needed to its residents. But with the increase in the amenities the expected rent also takes an upward curve. Houses that come with good amenities and proper construction, make your life smooth and better.

While affordability is one factor, top builders in Mumbai suggest home seekers consider the proximity factor as well. It should reduce or at least limityour daily commuting time as well as should be surrounded by social infrastructures such as hospitals, educational institutions, and recreational avenues. All these within a short radius of your house, make your life easy.

How To Keep Rental Affordable?

Now a days, almost all Builders in Mumbai offer properties with various facilities such as swimming pool, club or gym, covered parking space, etc. When you are an owner of a property, all these amenities become accessible to you.

However, as a tenant, your owner must mention a special clause in your agreement for you to enjoy them. In some cases, to keep rents affordable, owners may refrain from extending these facilities to the renters.

The kind of property one chooses to live is based on the amount of money you are willing to shell out from your pocket. Almost all builders offer integrated amenities in their apartments in metro cities. For example, Chandak Group offers state-of-the-art amenitieslike play area, clubhouse, amphitheater, landscaped gardens, etc. to attract more customers.

Builders in Mumbai make sure they provide you will all facilities imaginable, but the onus is on you to pick the one which is most affordable and apt for you and your lifestyle.

Things To Consider While Searching For Rental Homes

Once you have decided on living in a rental home, there are a few factors you need to consider. Rent plays a major role, so don't miss to verify the standard rental rates of the area. Select the probable areas and then refine your search based on the other factors like:

1. Location

Connectivity to and from an area plays a very important role. Chandak group project Chandak Next is just a 10 minutes’ drive from Borivali (E) Station. Such factors attract renters and make your commute easy. Builders in Mumbai also consider this as one of the key determinants to attract customers. Make sure the area is easily accessible through road/rail transport. Also, social infrastructure and proximity to other places are important.

2. Check the infrastructure and the Amenities

While taking a home for rent, make sure the area is good and offers the day-to-day amenities within a short distance. If you are a family with kids, then schools, hospitals and recreational spaces like parks nearby should also be a criterion. If possible, engage in small talk with people in the same apartment to understand if there are any issues with water, electricity, security or anything else. This should give you a good idea of what to expect and you also make friend even before you move in.

3. Rent

As said, rent plays an important role in choosing an affordable home. Keep a check on the prevailing rental rates in the area. Choose the kind of home you want to move into. If your budget is low, go for homes with fewer amenities that make a good reduction on the rental amount. Or plan to move a little to the interior. The rent of properties close to shops, markets and main roads would be higher as compared to inner areas.

4. Lease/Rental Agreement

There could be a lot of things discussed orally between the tenant and the owner. But it is important to mention all these in the lease/rental agreement. Go through it fully and ask for inclusion if anything discussed between you with the owner is not mentioned. For example, you may consider moving to a property that has all amenities but may not have the requirement to use them. In such a case, get a clause included by the owner in this agreement which will exempt you from paying extra.

Builders in Mumbai make sure they have all that it takes to lure you to their property, the owners wanting to rent their houses do the same, but it is up to you to make informed decisions. Hope this section was useful to you and will help you in choosing rental and/or self-owned property. Well, then get started. Let us start searching for your dream home today.