Although there is no defined set of rules on whether to furnish your property on not before renting out, it is important to figure out the differences between them. Understanding these differences will help you determine if it is worth investing more in your rental property. First thing first;
As per the Real Estate (Regulation & Development) Agreement for Sale Rules 2016, both the buyer and the promoter/developer now has the right to end the agreement entered into by them in case of any defaults by either of them.
For landlords, it is important to comprehend the pros and cons of having tenants with pets. Yes, this understanding is a big deal, as it will surely help landlords from making a decision of damaging repercussions. While there are negatives to having pets in your rental property, positives too are in equal numbers.
Need of the hour – Renting apartments professionally. As more and more developers, real estate investors seek professional assistance in finding right tenants, maintaining the property, collecting deposits and rents etc, some interesting property and rental management companies are taking shape in Chennai.
There is a list of DOs and DON’Ts in almost all kinds of business, following which would determine whether the business succeeds or fails in its pursuit. Likewise, in rental business we do have a list of our own. Having right tenant to your property is the key to running a successful rental business;
A recent study, conducted by KPMC , states that India is poised to witness one of the largest urban transformations by 2030 in human history as over 1/6thof Indians would be residing in cities.