We Indians have always taken our assets seriously and property is considered the most important of the lot. One of the main reasons for this is because of a house being able to generate regular cash flows every month. Many NRIs also make this investment as well with the idea of returning to India someday and having some place to stay.
Leaving houses vacant for months or years on end is not very feasible to everyone; thus many NRIs consider the option of renting out this property. This makes complete sense as in the last few years, rent prices have gone up majorly in large cities. If you are an NRI who is planning on renting out some property, here are some important tips on rental management for NRI’s in India,
Continue reading An Exclusive Guide on Rental Management for NRIs in India
It’s a conundrum which many property owners face today, the choice of either renting out or selling a property whenever they have to move out of the city. However, it is not the best time in the real-estate market for selling a property as according to reports, Bangalore is currently left with 84000 unsold housing units, surpassing even Bombay & Delhi NCR (National capital Region).Therefore, renting out the property is preferred over selling in this depressed market.
Unfortunately, when people rent their house, their peace of mind goes along too. These are few problems faced by apartment owners in the city.
Continue reading Common Problems faced by Flat Owners in Bengaluru