One of the first things you have to do when you head out on your own is find an apartment for rent. In a city like Bangalore, every locality has number of houses in every price range to the renter’s relief. With increase in the number of IT/ITes companies, the city has become home for thousands who come there for employment.
Finding an apartment in the city by itself can be a rough experience. Moreover, if you are new to the city, you might feel clueless about the house hunting process. So, here are the steps a first time renter should follow:
- How much can you afford
Experts recommend individuals to spend only around 25-30% of their after-tax income on rent. Does this seem plausible to you? You have to keep in the mind the potential extras that will come by after you move in and then evaluate where you stand.
- Create criteria for your apartment
Obviously, you would have envisioned your house to be a particular way. So depending on that make a list of facilities you would want in the house. But when you do so, be realistic. Your budget must correspond with this list. Start with the necessities and then move on to what you would want or like to have.
- Select a locality
Bangalore Metropolitan Transport Corporation (BMTC) and Bangalore Metro are the public transport facilities available in the city. Make sure you select an area from which you can easily commute to your workplace or college. Since you are new to Bangalore, you probably want to select a friendly locality. Go and visit some of the shortlisted areas. This will majorly help you narrow down and decide on one.
- Look for property
Now that you have fixed a budget and selected a locality, you will feel less clueless. You are just three steps away from a peaceful night’s sleep in your first apartment. The internet has made things so much easier for us and details about various properties in your price range and desired locality will be placed in front of you. All you have to do is look up reputed property listing websites such as property.sulekha.com, magicbricks, 99acres. Look for affordable flats for rent in Bangalore.
- Go visit the potentials
Visit every property that interests you. Go during the day because the natural lighting will clearly point out all the defaults. Take pictures of the house. This might seem insignificant but it will come in very handy when you want to decide on the one.
- Talk to the landlord and get paperwork done
At this point you have a clear about the house you are going to rent. Talk to the landlord and clear all your doubts. Make sure all the maintenance clauses, minimum period of tenancy, start and end date of tenancy, rental amount and its payment frequency are included in the lease agreement. Don’t take any oral promises, get everything in writing.