rent

rent (Residential & Commercial Rentals)

A Tradition of Excellence, Integrity, Knowledge, and Service for over 9 years.

Serving Bengaluru and Surrounding Areas

Our experts will answer all your questions regarding pricing, marketing & negotiations taking the stress of the process off your shoulders.

As professional REALTORS with years of experience and a proven track record, it is our job to guide you through each step, from beginning to end. We want you to get the most return on your investment in the shortest time possible. We provide detailed market comparisons between your home and recently sold homes and together we can determine what your home is worth in today’s market.

If you would like more information about the services we offer, please reach us with the contacts given on the website.

owners

  • Find a professional agent to represent you
  • Make your property rent ready
  • Access to property
  • Price your property
  • Marketing
  • Tenant selection
  • Negotiation & Offer
  • Documentations
  • Registration

If you have decided to rent your property, you should be aware of the time frames and the assistance that will be needed from you.

Step 1: Find a Professional agent to represent you
Finding an agent that will help you market and rent your property is a hassle. Be sure that the agency has a vast means of advertising: online, in print, and in their website. You should also feel comfortable with your agent, as you will need to rely on him to represent your best interests.

Step 2: Make your property Rent ready
You should start preparing your property to rent – ask yourself what you would like to see if you were renting a home. Simple steps like painting, touching up your trim, or just removing unneeded and not often used items from closets can freshen up a home.

Step 3: Access to Property
Be prepared to show your property, or ask the tenant and society to allow access, as most of the tenants do require a site visit prior to committing to move-in.

Step 4: Price Your Property
Your agent will provide you with the market analysis of properties similar to yours: what is being advertised, what has rented out, and for what price. With the guidance of your agent, you will be able to set a realistic price for your property. Remember that the advertised price is usually NOT the price a property lets out for.

Step 5: Marketing
Your agent will utilize a number of strategies to market your property. Once listed, the home will be available in the local MLS and likely placed on the personal website of the REALTOR if they have one. Your agent may also utilize mailers, email announcements, and open property events. It is important to speak to your agent about the marketing plan they have in place for your property.

Step 6: Tenant Selection
Shortlisting a potential tenant amongst all the applicants by the screening of an applicant’s credit, work profile, rental history, and ability to pay.

Step 7: Negotiation and Offer
We all want a line of tenant inspections out the front door offering us our asking price, but in today’s market, it just isn’t likely. Most often there is a balance between the asking price and what someone is willing to pay. There are a number of factors you should ask when looking at a tenants offer – is the offer near your asking price and will you be at ease in accepting it, do you have time to wait for better offers to come in and are you willing to risk passing up this offer? Do you gamble on someone who is making a better offer but does not have financing guaranteed or is it better to take a little less on a guaranteed offer? You also have the option of counter-offering, but risk the tenant walking away. Your REALTOR will be able to guide you through these difficult choices.

Step 8: Documentations
Your broker will draft the tenancy agreement. Make sure to study the terms and conditions thoroughly. Check the penalties for breaking the lease early? Will the tenants will paint the property, bare repair expenses, clean & pest control after move-out? Advise your broker on points that are important to you.

Step 9: Registration
You are advised to register your signed tenancy agreement with the registrar. Ask your broker whose responsibility it is, the landlord or broker can also register the contract.

TENANT

  • Decide on Location
  • Know the cost involved
  • Required Documentation
  • What is important to you?
  • Amenities
  • Size
  • Snagging & Inspection
  • Negotiation & Offer
  • Tenancy Agreement
  • Move-in

If you are hunting properties or want advice on renting a property in Bengaluru, this guide is for you! Do not hesitate to call us for any additional queries +91 994 590 3399.

Step 1: Decide on a location
Consider your budget and the proximity of the neighborhood to your work, school, metro, etc. Bengaluru has many great projects, chose the one that will be right for you and your budget.

Step 2: Know the cost involved
The price you see in advertisements is only the rental price per month, it does NOT include the following:
-Security deposit (5-10 months of the yearly rental amount)
-Brokerage fees
-Moving/relocation expenses
-Deposits for gas, Club membership, Association charges, etc.

Step 3: Required Documentation
-Identity proof
-Address proof
-Employment Identity or Business details
-Police verification certificates (if applicable)
-PAN

Step 4: What is important to you?
Decide on the features that are most important to you (view, size, open kitchen, large bedrooms, etc). Inform the broker prior to viewing, so you do not waste time going to properties that do not match your criteria. Be sure to note down the properties you have seen with other brokers, so you do not end up going to the same property twice with different agents.

Step 5: Amenities
Review prices in your preferred area. Some advertisements are out-dated, so be sure that the property advertised is still available for rent. The less professional agents tend to advertise properties at lower prices, which may not exist.

Step 6: Size
Be sure that the new property will fit your existing furniture! Measure if needed.

Step 7: Snagging and Inspection
Before move-in, make sure that the property is in good condition. Be sure that the fittings and fixtures work, there are no issues with plumbing and electrics, etc. The Landlord should hand you over the property in a good condition

Step 8: Negotiation and Offer
You have the right to negotiate on the price and number of payments. You may be required to pay in one payment upfront for the whole tenancy period, or agree to pay monthly.

Step 9: Tenancy Agreement
Your broker will draft the tenancy agreement. Make sure to study the terms and conditions thoroughly. Is there a penalty for breaking the lease early? Will the landlord make you paint the apartment after move-out? Advise your broker on points that are important to you.

Step 10: Move-in
Once the tenancy contract is signed by both parties, the landlord or broker will provide you with keys and access cards. You will be required to connect to the society association or management they can assist you with Electricity, Water, and Gas connections, etc.

Step 11: Registration
You are advised to register your signed tenancy agreement with the registrar. Ask your broker whose responsibility it is, the landlord or broker can also register the contract.