Delhi, the maximum city that it is offers a wide range of rented properties and understandably so; the reason being they are to cater the diverse needs and budgets. The tenants across various strata and professions such as a student, a professional, or a family looking for a place to call home have a crucial task of choosing the apt rented property in Delhi. However, in the pursuit of real estate property, it is essential to earmark a property which is free from legal disputes and has all the positive signs of a good rental.
It has been frequently found that the rented property in Delhi has the major concerns for legal dispute. Disputed properties are a big red flag since they can lead to future complications which may affect your stay, incur monetary loss and unnecessary stress. So check out these key factors to detect if a property is in dispute:
Positive Signs of a Property for Rent
As told before, it is essential to identify any red flags, knowing what to look for in a good rented property in Delhi is just as important. Below are the major positive signs that indicate a property is worth considering:
- Well-Maintained Condition: A rented property in Delhi should be considered to be a good pick if it is well-maintained, both inside and out. Moreover, it goes to show that the landlord is sincere enough to rent his/her property to the tenants at a fair rent. Some of the pointers that suggest that the house is good shape are clean walls, well-maintained floors, functioning utilities, and a clean, tidy exterior.
- Clear and Transparent Rental Agreement: Transparency should be on point in the form of rental agreement that clearly outlines the terms and conditions of the lease are a positive sign. Hence, a property which is legit in terms of their declaration and clauses regarding rent amount, duration of the lease, maintenance responsibilities, and any other terms should be bookmarked. The landlord of a genuine property shall also be open to discussing and modifying the agreement, it shows their willingness to be fair and transparent.
- Good Connectivity and Proximity to Amenities: A well-located rented property in Delhi is a boon to the tenants as it offers good connectivity to public transport, roads. The properties shall also be close to the nearest markets, hospitals, and schools. Therefore, consult your real estate agents to list out only those properties that gives easy access to the marketplaces and transport networks.
- Reasonable Rent and Fair Market Value: Rent is always a bone of contention for people looking for rented properties and thus this issue has to be sorted at first. A legit property with a legit owner would pitch for a fair and reasonable rent that aligns with the current market value. Therefore, there is every bit of possibility for dispute if the rent seems too high or too low compared to similar properties in the area. What the buyers/tenants can do is either get in touch with the real estate agents or compare the compare the rent with other rented properties in Delhi themselves.
Conclusion
Finding a suitable rented property in Delhi is more than just about choosing a location and agreeing on the rent. A property which is offered on rent should also be free from any legal disputes and should also have the aforementioned positive signs of a good rental. Choose Jain Oncor to track the listings of the best properties in Delhi.