Rs , sq ft

Removed from Shortlist

My Shortlist ()
Keep track of your shortlisted properties here. Shortlist a property to get started.

Renting house in Bhubaneswar easy now!

1 Comment Sub Category:Other cities,Realty News Posted On: Jul 04, 2012

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

One Response to “Renting house in Bhubaneswar easy now!”

  1. Gertrudis Boender says:

    Very nice idea!

Leave a Reply



CommonFloor Property Search Mobile App now available on Android, iOS and Windows!