Renting house in Bhubaneswar easy now!
It has been a happy time for those hunting for a house in Bhubaneswar. Tenants are left with multiple options to choose from. The rental market in Bhubaneswar has become tenant friendly.
There are many houses with ‘to let’ signs in and around IRC Village, Nayapalli, Neeladri Vihar, GGP Colony, areas to south of Khandagiri and Sundarpada. The increased number of houses for rent gives tenants a good choice to negotiate on rent and amenities.
Even in some of the most-sought localities of the city such as Patia and N5 block of IRC Village, a great number of houses are lying unoccupied. A good 2 BHK apartment in Patia is now available for less than Rs 7,000 per month which is far less than the rent in last 2 years.
The best part is that the house-owners are not asking for security deposits from tenants anymore. Also tenants have no need to look for a property dealer to hunt a house too. There are instances where the owners have been paying commission to dealers in case they get them prospective tenants.
To read more real estate news:
How to buy or sell a house on loan
Revenues of realty firms witness downtrend
Source: The Times of India
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Very nice idea!