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Buying a property is, of course, a big deal and thus every investor thinks twice before sealing a deal. Today, the Indian property market offers properties in various other categories apart from the residential and commercial segments. So, if you are also planning to invest in the Indian real estate market then check out the co-living spaces to yield rental income in India.
Every residential structure is not just a property but it is a home for most of us. However, the job opportunities today push many professionals to live away from home and thus the person turns into a tenant. This scenario begins with the search for a rental property and thus we let you know the basic tips to conduct a background check of the landlord. So, read this entire post and safeguard yourself from frauds who are likely to be a problem for you.
With a growing working population and influx of professionals from other countries, today the demand for serviced apartments/ home has been witnessing a huge momentum across many tier-1 cities. This has attracted many developers and facility management services firm to foray into this segment of the realty market.
While looking for a rental home, every tenant their specifications, needs, and requirements. Some want to rent a home which is located within the city center and some looks for suburb areas. While renting a home in the suburb is much affordable and budget-friendly, a home within the city center offers proximity to office spaces.
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Bangalore- Popularly known as the IT capital of India is home to many professionals who want to achieve success in their career. Due to this, every year many people flock to this city to have better future prospects. Due to this the rental market of the city has got a big boost from the past few years. The realty hotspot has witnessed an increase of 4% YoY in average weighted rental prices. Scroll down and take a look at some of the preferred rental localities in Bangalore:
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Tax saving is the first and foremost thing on the mind of people. But, sometimes we think that why would a tenant feel the heat of paying tax which is completely wrong as many people choose to live in a rented home while earning good because of their profession. So, those opting to live as a tenant in the residential unit of a close relative must keep the money matters separate as it can create a rift between people. Thus, here are the key things to remember while paying rent to a close relative:
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