Here we will talk on renting a house in Bangalore and related topics like precaution while taking a house for rent.
Advance Amount
Unlike other cities, Bengaluru house owners take advance of ten times the rent. This is to ensure tenants are responsible for their deeds in the rented place.
Rental Agreement
There is always a rental agreement made between tenant and house owner. Ensure that this is read properly, there are chances that hidden terms and conditions included by house owner.
Brokerage Charges
Usually brokers takes away 1 month rent as their fees for finding the home. It is always tenants responsibility to bargain and make it to minimum 50% before finalising the house to avoid any future issues. Brokers are usually from near by locations, so avoid making any difference with them.
Rental Payments
Usually the rent day starts from 1st of the month to 5th. Avoid delay to ensure that owner does not lose the trust on you.
Vacating the place
Ensure you inform the owner well in advance so that he takes away big portion of the advance.
Usually in Bangalore, owners charge 1 month rent as painting + repair charges, even if you stayed for just 1 month.
General Precautions
Advance Amount
Unlike other cities, Bengaluru house owners take advance of ten times the rent. This is to ensure tenants are responsible for their deeds in the rented place.
Rental Agreement
There is always a rental agreement made between tenant and house owner. Ensure that this is read properly, there are chances that hidden terms and conditions included by house owner.
Brokerage Charges
Usually brokers takes away 1 month rent as their fees for finding the home. It is always tenants responsibility to bargain and make it to minimum 50% before finalising the house to avoid any future issues. Brokers are usually from near by locations, so avoid making any difference with them.
Rental Payments
Usually the rent day starts from 1st of the month to 5th. Avoid delay to ensure that owner does not lose the trust on you.
Vacating the place
Ensure you inform the owner well in advance so that he takes away big portion of the advance.
Usually in Bangalore, owners charge 1 month rent as painting + repair charges, even if you stayed for just 1 month.
General Precautions
- Always be in good terms with owner to avoid any future issues
- Try to abide with the rules put by owner.
- Inform in advance if friends or family is staying with you for few days.
- In summer seasons, water scarcity may cause additional tankers are called for filling up the tanks. The price will be shared across tenants. Be ready for this.
- Each year there is a hike of 5 % to 10 %, depends up on the terms and conditions.
- If there is a power back up or lift facility, maintenance charge of 3000 to 5000 could additional to the rental amount.
