Following is a list in the most common scenario;
- Deposit – One to six months. (Three months is standard)
- Rent in Advance – Initial part month you move in on plus one full month
- Agent Fee – One month rent + 18% GST
- Contract Registration Charges – Approx 30% of monthly rent (One Time)
****Realistically you should budget for 5-6 months of rent to move in.
- Proof of Employment: LOI from company in India/Abroad
- Residence Proof: Scan or clear hi-resolution photograph of front and back of Driving Licence, Election ID, PAN Card, Aadhar Card
- Passport Information Page: Scan or clear hi-resolution photograph
- Passport Visa Stamp: Scan or clear hi-resolution photograph
If your company is taking care of your apartment needs, we will make contact directly with the company to receive information and save you time and effort.
I cannot find a furnished apartment matching my requirement on the website. Do you have more options?
Yes. Only featured properties are listed on the website. We have an exclusive 500+ private database of properties. We are unable to post all of the available apartments on the website due to changing market scenario. You can always call us at (+91-999-999-5659) or fill our Query Form with your requirements, our team will be happy to assist you with tailored solutions.
We would be more than happy to arrange a visit to the apartments of your choice! Realistically we will need at least 24 hours notice as our leasing experts are usually booked well in advance. We also need to contact the property owner to fix viewing times and building entry etc. Our office hours are Monday to Saturday 09:30 – 18:30. But we can always take requests for visits on Sundays.
This will solely depend on the property owner. Many furnished apartments prefer not to allow pets as it can spoil the furniture and property. Deposit will usually be required to keep a pet. If you have a pet or intend to have one, please inform us before viewing the apartments.
No. Utilities are not included in rent for furnished apartments. These will need to be taken care of separately by the lessee. But In some cases owners can include on request Internet and Cable TV charges in rent.
Gas, Water and Electricity are utilities already activated, we take the readings at the time of check in, so that one is charged on actuals. Internet and Cable TV services can be activated in a short span of 2-4 days, our team will be pleased to assist you.
Linen, Kitchenware and other basic things for daily housekeeping, groceries etc have to be arranged. We can suggest shops that can provide you with these essentials. In case you need Housekeeping Support, Laundry Services, Car Rental etc our concierge desk is a call away.
Generally speaking you are looking at around 15 working days from the time you contact us. Two to Seven working days to view and find an apartment, five to eight working days for approval and signing of legal contracts and transfer of advance rents and security deposits.
It depends on case to case, but in most cases can be arranged after taking prior appointments for the same with the help of landlord with current tenants.
Normally owners prefer any lease tenure over and above 11 months, but preference is always given for lease which is at least for a period of 2 years. There are few owners who do contracts valid for less than 11 months, in case of shorter requirements please contact our team. The contracts also come with a lock-in period starting from 3 months to 6 months, in this period one cannot terminate contracts without penalties. After the lock-in period, generally there is a penalty of one to two months rent for early termination of the contract.
Therefore one has to be very clear about the stay period to avoid early termination charges.
If the lock-in period has expired and you wish to terminate your contract before it expires, you will be required to give the owner or real estate manager a notice as detailed in lease contract in advance. Notices in document/email form are required from one to two months in advance depending on the contract. You will be required to pay the rent if a notice is not served in time.
In case you are terminating the lease contract within the lock-in period, than you have to pay the lease rent for the balance period of lock-in. Please be clear with the leasing consultant about termination clauses before signing the lease.
Lease contracts can usually be renewed if requests are made well in advance, but will require a contract renewal. This will incur a stamp duty fee and a registration charge. However, in some cases the lease will be fixed and cannot be renewed. Contract renewal differs from property to property and are at the sole discretion of the owner. Please confirm with the leasing expert before signing the lease.
Yes, in most cases the owners require a company lease i.e. your company will enter into lease agreement and rent will also be paid directly. In the case you do not have a company lease than owners demand for other documents to support your request like comfort letter from your existing company, last Income Tax Returns, Salary Certificate, references from last house you rented etc to see that you have a strong financial background and there will be no defaults.
Rent is payable in advance at the starting of the month. This is usually to be paid at the starting by 7th of every month.
The industry standard professional fee for you to hire your relocation expert/agent is equivalent to one month’s rent plus 18% GST. Generally, the fees paid includes service of introducing suitable apartments/homes, processing paperwork, including applying for utility services.
It is a payment required for a new tenant to pay the owner at the time of signing of the lease contract to cover any non payment of rent, outstanding utilities payments, cleaning fees and any damages to the property beyond normal wear and tear. The tenant can claim back this money at the end of the contract. In many cases, upon signing the contract, the new tenant usually pays two to three months’ security deposit. This deposit can also go up to a maximum of 6 months, depending on individual owners. This applies to both Indian and Expats looking to rent a property.
Maintenance fee is a fee charged to common occupants in a building for common services. This is usually applicable to apartment buildings that have a Concierge, Rubbish Rooms, Swimming Pools or Gardens, Security, Lift Maintenance etc. It is common for apartment buildings that have shared areas and is not negotiable.
In India this is not compulsory when moving into an apartment. But is recommended as it provides protection against events beyond your control that happen in your apartment.
Yes at the time of taking possession a annexure is made and signed by both the parties detailing all furniture, fixtures and fittings and is inspected to see they are in good condition.
Normally one has to pay for day to day maintenance unless included in the contract. In case of replacements required in normal course of usage, they are paid by owner. In case of willful, careless damages one has to get replacements at ones cost or pay from deposits.
In India, when you move out of the apartment, normally you are not charged any cleaning fee. Some property owners insist on it and one has to go by what has been settled at the time of signing of the contract. If you are in India, normal wear and tear is borne by the property owner, but you will be liable for any damage. There is no regulation governing the same but the owner can only charge directly applicable and reasonable damage.
The following are examples of what damage you will be responsible to pay for:
- Holes and hooks in the wall for pictures/drawings
- Painting a wall in a different color
- Scratches on the floor with heavy furniture
- Leaving the damage (even natural one) and as a result the damage gets bigger
Even if the above are by accident, you will be charged for repair upon move-out.
One is legally bound to return security deposit after expiry of contract and the property owner cannot unreasonably over charge for damages and cleaning (if applicable). If there are any damages and cleaning fee, they will be deducted from the deposit. One has to pay for damages that have happened and are not caused by “normal wear n tear”. Normally the terms of the lease mentions in case of default in timely payments of security deposits penalties in the form of interest and continuing to hold possession in case of delay in payments of security deposits.