Rent My Property
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Rent My Property
FREQUENTLY ASKED Questions
It is obvious that every property owner has high expectations about his or her property. Every owner must spend ample time in precise value calculation of the property keeping in mind the mortgages, service fees and other expenses while deciding the rental prices. Every owner should consider realistic rents based on the prevailing market dynamics with regards to the said area.
Securing the tenancy contract would be the next concern to protect the rights of the landlord and the tenant
In rental contracts, the insurance agreements vary from case to case, and it is as per the terms and conditions agreed with the tenant and the landlord. The industry norm is that Tenants are responsible for ensuring their belongings whereas the landlord for his property.
A landlord needs to be aware on the tenant profile which helps the landlord to have a better understanding of his prospective tenant.
It would be ideal to hire and avail / seek guidance from a professional real estate consultant who would assist in all the above requirements.
Yes, you can.
Many real estate experts agree that a good ROI is usually around 6% to 8%.
The guidelines for increasing the property rent are updated in the RERA Index (if applicable). Both the tenant and the landlord need to update themselves with the same.
No, you cannot.