Property to rent in Chennai

Renting a house in Chennai

In Chennai you can find a House in among thousands of properties in the range of within ₹ 7,000 to ₹ 12,000. Landlords do this business in and around do this business as Chennai is a densely populated area. A 2 BHK for rent in Chennai for a family with three children will cost around INR 12,000 to INR 15,000 per month. This may vary depending on the locality, quality of housing, and other factors such as the housing society. If you stay in rent then there is no debt issue. You also get tax benefit of HRA, and there is flexibility of change. So, for the initial few years, living on rent, will give you the breather to sort your finances and save some money toward buying a house. Also if you are living on rent, you can
claim the tax benefit on your House Rent Allowance (HRA).
Other reasons are,
Tax benefits: Rental properties provide good tax benefits and as a rental property owner you can avail tax
deductions. The rental property owner can deduct costs such as physical wear and tear of property, maintenance cost, interest on the mortgage, and insurance.

Some of top-rated localities for renting a House in Chennai are:

*Anna Nagar
*Alandur
*Tambaram

Flat rent prices in Chennai are affordable for all classes and depending on the builder, locality, and BHK
configuration, you can easily find a home within your budget. The best areas for renting a house in Chennai are, Kolathur, Ambattur, Medavakkam, Madipakkam, Perambur offering excellent options for a House. But in normal scenario most of your choices might not work out at one place but you still go for rent keeping aside some of your choices.

At Rent Ezy Now you can see the actual property photos and check all relevant documents and then talk to the owner and finally fix the deal. All can be done sitting at home by simply logging into our website www.rentezynow.in using a mobile phone or a computer.
We hope that this platform will fulfill you need at no cost. You will love it and would also start sharing
with friends and relatives who are ready to rent a property.

Testimonials

Very happy to upload our bungalow. Free and easy.

- Imran Hossain

Never thought that it will be so easy. Thanks to Rent Ezy Now.

- Ratna Guha

Latest News
rentezynow_admin 2022-10-25 14:28:00

About property Renting

Renting issue..
Kolkata's rental stresses have continued to worsen, with new data suggesting rental prices are surging – leaving would-be tenants unable to move into the market.

The September Prop Track Market Insights report found that the share of properties listed for rent on real-estate websites for less than INR 6000 per week had fallen to a record low of 11.6 per cent last month.

This figure has plummeted by almost 50 per cent, down from 20.1 per cent recorded at the start of the pandemic. Homes were even more difficult to rent, with only 5.9 per cent of houses listed for rent under INR 6000 per week – down from 10.9 per cent in October last year and 17.3 per cent at the start of 2020, a drop of around two-thirds.

Property trackers of economic research said that as the supply of rental properties continued to tighten, the number of listings under INR 2000 per week would reduce even further into 2023.

Much of these rental stresses are a by-product of rental supply remaining the same as well as rapidly rising interest rates, in current times.

READ MORE

rentezynow_admin 2022-10-25 14:01:46

Tenancy

About Indian Tenants..

A tenant is someone who pays rent for the place they live in, or for land or buildings that they use. Regulations placed clear obligations on the landlord for the benefit of the tenant. Landowners frequently left the management of their estates to tenant farmers. The first is a fixed- term agreement and second, a periodic tenancy agreement. A fixed-term tenancy has a definite commencement date and expiry date. A periodic agreement has a commencement date with no expiry date. There are three types of Tenancy Agreements in India, namely, rent agreement, lease agreement, and leave and license agreement.

Both tenants and landlords are unhappy whatever be the cause but in every city of India there are lot of tenants waiting to get a good deal, any given day.

READ MORE

rentezynow_admin 2022-10-24 18:45:00

About Indian Landlords

Problems of Indian Landlords..

One of the worst problems landlords face is to vacate a property. The most successful
landlords or property management firms have low vacancy rates. Not only does a vacancy mean
no rental income is coming in, but it is also actually costing money to advertise and prepare
for occupancy.
What are the ethical issues facing the landlord?
Unethical practices of landlords
Abuse of tenants. Unfair rents. …
Incidence: …
Irresponsible social designers.
Forced evictions. …
Unethical real estate practice. …
Inadequate housing. …
Financing rental housing. …
Amenities Housing, tenants.

READ MORE

Compare