In India, renting an apartment might be a nightmare. Dealing with brokers, working through legalese, creating a solid connection with the house owner, and so on are all part of the process of selecting a nice home for the next several years. When it comes to picking a home, tenants sometimes miss certain basic aspects. We’ve compiled a list of suggestions for you to keep in mind the next time you’re looking for an apartment to rent with flatmates in Bangalore.
Make sure you have a formal agreement in hand before renting an apartment. It should include the amount of the deposit, the length of the lease as well as the notice period, the rent amount, and the percentage rise year over year. Make certain there aren’t any hidden fees. Is the rent included of the maintenance fee? Have you paid your past water and power bills? Who pays for damages caused by small issues such as broken faucets or defective lighting? You can get the best flat and flatmates in Bangalore just by having a little patience.
Costs up advance
With a new apartment, rent isn’t the only financial burden. Even before you start saving for monthly expenses, you should start saving for the upfront charges. You’ll spend a lot of money before you even get the keys to your first apartment, between application fees, a security deposit, a pet deposit if applicable, and first and last month’s rent. To prepare for this, set aside a few months’ rent in advance to meet expenses.
Preparation of paperwork
Apart from setting a budget for your first apartment, it’s a good idea to gather all of the papers that a property management will want throughout the application process. Having something ready ahead of time can help speed up the review process. They will frequently need proof of your identification, job, and financial stability. When filling out rental applications, gather current pay stubs and bank records, as well as your photo ID.
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Conditions of the lease
This may be your first experience reading a legal document, and it may be difficult to comprehend. Learn the most often used phrases in a rental agreement and then carefully read your lease. Before you sign the paper, if there is something you don’t understand, inquire about it. Examine the sections on conduct prohibitions and limits, as well as the policy on late rent and what behaviours can result in eviction. If there is something in the lease that you don’t agree with, talk to your property management about it. It’s fine to request adjustments to your lease, but don’t expect to win every argument.
What would you include on a list of items you couldn’t live without in your first apartment? Do you require in-unit washing in order to clean your clothing on a regular basis? Do you require an on-site fitness centre to help you stay in shape? Do you need an elevator to go to your flat after work instead of using the stairs?
Having a roommate or not having a roommate is a personal choice.
This decision is frequently based on financial considerations. If you can’t afford to live alone and want to move in with roommates, there are a few things you should do first. Make sure that everyone who lives in the apartment signs the lease, and then come up with a roommate agreement together. This establishes protections to protect you against disagreements over bills, cleanliness, noise, and other issues.
It’s also crucial that you choose your roommate carefully. It’s possible that your closest buddy isn’t the greatest roommate for you. Try to think beyond your current connection with them and imagine how things will be if you live together.
Based on the pet policy of the apartment you wish to rent; this decision may be made for you. Don’t take the chance of not being able to bring your pet. If you have a pet, check with your property management to see if your breed is allowed. Most pet-friendly buildings charge a pet deposit or add a pet fee to your monthly rent, so knowing how much it costs can help you budget.
Prioritize your packing.
Whether you’re moving out of your childhood home or into a college dorm, your first apartment is the first location where you’ll be able to bring all of your belongings. Don’t. You’ll have accumulated a lot of mementos throughout the course of your childhood, but where will it all go?
Take advantage of the chance to eliminate all you’ve accumulated in your life thus far. Have an honest discussion with yourself about whether you’re holding on to particular items because they’re helpful or because letting them go feels odd.
Anything you don’t need should be donated, thrown away, or recycled. Inquire about storing a box or two of the stuff you’re unsure about in your parent’s garage or a friend’s basement. You know you can get rid of such stuff if you don’t worry about them after a few months at your new house.