| Rental flats in Mumbai are easily available to Families and in some societies and localities Flat owners don't rent their flats to bachelors at all.
Taking a Rental flat in Mumbai require going through a procedure. In other smaller cities people easily find rental flats through personal contacts, recommendations by friends or by simply wandering around the familiar areas and asking for rental flats in known societies. This is obviously not possible if you are looking for rental flat in Mumbai and this is the reason why people coming to Mumbai from other places find it difficult to get a rental flat. But on the contrary, getting a rental flat in Mumbai is so simple and these procedures of getting a rental flat via an agent/broker is actually for the safety and documentation proof for both the parties, You and Flat owner.
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You have to find a licensed agent/broker in the area where you want to find a rental flat in Mumbai. Agent shows you 3-4 places and if you like any flat you give a 'token money' (Generally 1k) for confirmation to owner. Now what's interesting in Mumbai is that in most cases Agents don't charge anything to flat owners but they charge you 2 month's rent if the rent of the flat is upto 5k per month. Confused? Don’t worry it's explained below..
If you get a rental flat in areas of Mira Road, Dahisar or vasai-virar areas then rent of flat is around rs. 4-5 thousands. Now since it's a trend in Mumbai that flat owners don't pay anything to agents, most of the agents simply ask tenants to pay 2 month's rent as their brokerage. For a 5k flat they will ask you to give them 10k. But it's very much negotiable and if you negotiate well they will agree in 6-7k (or can even agree taking only one months rent), it depends on your talking skills and you should be lucky to get a good agent! Chances for that is high though.. Most Property brokers in Mumbai are trustworthy and professional...
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Rental flats in main Mumbai Suburbs of Andheri, Bandra, Versova, Lokhandwala etc. are costlier and rent is generally around 10-15 k per month for a rental flat in good localities of these Suburbs. Here most agents don't even ask for 2 month's rent because party can simply run away and agents don’t want that since one month's rent is already high here and equivalent amount of brokerage is good for them.
Rental Flats In Mumbai can be taken which comes with a Security Deposit or 'Pagdi' which is generally ten times the Monthly Rent. For example if your monthly rent for a 1 BHK Flat (One bedroom, hall and kitchen) is 3000/- then you will pay approximately rs. 30000/- as one time refundable deposit to the Owner.
Security Deposit is just a refundable
money which you get back from Owner when you leave the rental flat.
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Now let's have a look at the prices of the monthly rents and flats availability in Rental Flats in Mumbai. HERE you will see that same concept of GO-FURTHER-SOUTH-AND-SPEND-MORE ... And this time some newcomers may feel the shock after reading the rates! In Bandra west near prime locations Monthly rents goes in the range of 30 to 80 k that's 30000 to 80000 and Security Deposits goes in Lacs.
But those places are not for you or me guys..:-) So If you are one of those who are here for work or studies or a Middle/ Upper Middle class family..or have come here for your trainings OR just for Job search THERE ARE PLACES WHICH ARE VERY resonable and in good locality.
Just Like Paying Guest accomodation.. MIRA-ROAD/DAHISAR/BORIVALI are the places where you can get the chepest Rental Flats which are ideal for you if you have a small family or staying with your friends or Flat Mates. In Mira road you can get a rental flat/rental accomodation in starting range of 2 k (security deposit 20000 for the same).
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In best buildings and societies of Mira Road you can get a furnished rental flat at the price range of 5-7 k (Refundable Deposite 50/60 k), and a mid range flat for a small family in the range of 3-4 k per month (Deposit 30-40 k).
Rental Flats in Mumbai Mira Road and Dahisar areas of Mumbai are the chepest areas as far as rental accomodation is concerned..No wonder you fill find younger Population specially in Mira Road..Majority of the population comprise of students/call center employees/ or newly Married couples who have just started their lives.
Rental Flats in Mumbai BORIVALI - Rental 1 bhk flat comes in around 6-8 k per month, single room at around 5 k per month with 10 folds refundable deposit respectively.
Rental Flats in Mumbai kandivali - rent for 1 bhk flat rs. 7-9 thousand per month..
Rental Flats in Mumbai Malad-Goregaon - rent for 1 bhk flat rs. 6-10 k per month depends on which part of the suburbs you are staying in..
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Rental Flats in Mumbai Bandra-Khar-Santacruz - starting monthly rent around 10k, Bandra-khar west- 15-20 k, Luxurious apartment in Bandra around Band Stand - 40-90k...
Rental Flats in Mumbai Andheri - Rental flats in Andheri are generally available in the range of 7-20 k depending on the location. Single rooms which are hard to find but preferred by bachelors can be available for around 5000 per Month.. |