Pros and Cons of Flats on Rent in Delhi by Owners’ Perspective
After a telephonic talk with his company's HR, Akhil was concerned. He had been given notice to relocate from Jaipur to Delhi since his job required it. He had spent his entire life in Jaipur and was terrified of going to a new location because it would entail relocating his family. His company's human resources department offered to assist him with his relocation and suggested that he look for owner-occupied flats for rent in Delhi.
Relocating can be difficult for people, especially when they must do so with their families. But believe us when we say that Delhi is a fantastic city to live and work. You get all of the conveniences and luxuries of a big city without the traffic. Furthermore, you will find excellent flats for rent in Delhi, allowing you to provide a more calm and rewarding lifestyle for your family.
One of the first things to do when transferring to a new place is to hunt for a nice rental house (Unless you are fortunate enough to have your own home or your employer provides housing). When looking for a place to rent, most people start browsing for flats or apartments that are being rented out by their owners. That being said, there are many flats for rent in Delhi by owners to pick from, just as there are in any other city.
Is renting your house directly through owner a good option? Let’s explore the pros and cons of flats on rent in Delhi by owners’ perspective.
Let’s begin with the advantages
The pricing advantage
When you rent a flat directly from the owner, you avoid paying the unnecessary brokerage that you might have to pay if you rented your unit through a real estate agent. Thus, locating flats for rent in Delhi by owners will be advantageous and will allow you to save some money. You will also have the ability to directly negotiate with the landlord and reduce the rent to some level.
Short turn-around time for a response
If you rent a flat in Delhi through an agent, you'll have to use him as a conduit whenever you need to interact with your landlord regarding anything that requires significant decision-making. This frequently lengthens the time it takes to receive a response. However, if you rent a property from the owner, you may contact him personally whenever you need to and resolve issues quickly, either over the phone or by dropping by his residence.
Drawbacks of renting a flat in Delhi by owners’ perspective
Fewer renting options
Before investing in someone, it's usually a good idea to weigh your possibilities. Isn't it true that we compare even the smallest items before purchasing them? The same is true when renting a flat. However, if you're seeking for exclusively owner-occupied flats for rent in Delhi, your options would be severely limited. The main reason for this is that many house owners rely on word of mouth to advertise their rental properties, with only a few going so far as to publish ads on social media platforms. That's all there is to it.
However, if you choose to rent a flat in Delhi through a property rental website, you will have a wide range of possibilities to pick from.
Stability and assurance
When consumers booked their flat for rent in Delhi directly with the owners, they sometimes received an early eviction notice without a solid explanation. In such instances, there is no one to act as a go-between and address problems without bias. If you rent a flat in Delhi through a property manager, on the other hand, you will always have a fair point of contact with whom to handle any issues.
Probability of signing an unfair rent agreement
When you rent a house directly from the owner, the landlord frequently designs the clauses of the house rental agreement, ensuring that all (or at least the majority) of the clauses are in his favour. Well and good if you understand the clauses and are in a position to negotiate with the owner. If you are unfamiliar with the legal terms of a house leasing agreement, or if you don't have the time to study it thoroughly (as most of us do), you may end up signing an unfair rental deal.
Property managers, on the other hand, adhere to a standard rental lease agreement style that is fair to both landlords and tenants.
BivocalBirds ensures that all flats for rent in Delhi are thoroughly verified by their owners. We make sure you're signing a reasonable rental agreement. You can also contact us for other services such as movers and packers.