Saturday 23 November 2013

Tips for Students Renting Apartments in Pune


Written By: Sanya Kaushik

If you’re a student living in Pune, you may have already dealt with the mammoth task of finding and renting an apartment. But for those of you who are new to this city, or have recently decided to move out of your parents’ home or the hostel, there are a few key things that you need to keep in mind about renting a flat.

The first thing that you need to consider is whether or not you want to go through an official medium of communication; in this case, brokers. Considering the fact that you’ve have never interacted or dealt with a real estate agent before, you may be reluctant to approach one now. However, taking into account your inexperience in this particular sector, you may want let the professionals handle it. Brokers will help you find apartments quickly because they’re usually aware of what’s available and viable. It’s also easier for them to get in touch with the owner of the property and negotiate on your behalf. They’ll also take care of the legal aspect of things- lease agreement, police verification and such.
Just be a little cautious when you negotiate the commission percentage.

Once the broker starts showing you houses, look at the locality and the amenities near the apartment before anything else. If you’re going to be using public transport frequently, make sure you rent a place that has an auto/bus stand nearby. Other strategically important places include department stores, medical stores and salons.

Don’t settle too quickly. Look around a little. Look at all the houses that your broker has lined-up for you. Weigh all your options before you land on one.

Read the lease document word to word before signing it. Most of it may seem like persnickety jargon but it’s still vitally important as it is the only legal form of agreement between the owner and the occupant. This document lays down the financial and other aspects of the transaction, thus protecting the interests of both parties.

Finally, if you’re going to be having people over and hosting parties on a frequent basis, make sure your landlord knows and is ok with it. If you have families for neighbors, you might want to ingratiate yourselves to them; this simple action will help in deterring conflicts and complaints in the future. 

As a student living in this magnificent city, the right apartment could make all the difference to your lifestyle. So just make sure you find a broker who understands your needs and finds you a comfortable apartment in a safe locality; don’t forget to read the lease before signing it; make nice with the neighbors and the landlord. You are now ready to live it up, Pune style!

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