How to Rent a Home in India

Navigating the process of renting a home in India for the first time can feel overwhelming. Numerous questions might arise: Should I consult a lawyer? Are appliances typically included in rentals? How can I discover quality rental properties? Which neighborhoods will best suit my needs? These are just the tip of the iceberg. Dive in for answers to these pressing questions and gain insights from our members who've made India their home.

"India, with its rich culture, diverse landscapes, and booming economy, is an attractive destination for expats from around the world. However, finding a place to live can be a daunting task, especially for those unfamiliar with the country's real estate market. This guide aims to provide expats with essential information about renting an apartment in India, from finding a rental property to understanding the legalities involved.

How Do You Find a Rental Property in India?

There are several ways to find rental properties in India. Online property portals like 99acres, MagicBricks, and Housing.com are popular platforms that list properties from all over the country. Local newspapers also have real estate sections with rental listings. Hiring a real estate agent can also be beneficial as they have extensive knowledge of the local market and can help negotiate rental terms.

Does India Have an MLS Type System?

India does not have a Multiple Listing Service (MLS) system like in the United States. However, online property portals and real estate agents provide similar services, offering a wide range of listings and information about available properties.

Do Brokers Have Licenses and How Do I Know if They Are Licensed?

Yes, real estate brokers in India are required to have a license. The Real Estate (Regulation and Development) Act, 2016 mandates that all real estate agents register with the Real Estate Regulatory Authority (RERA). You can verify a broker's license by checking their RERA registration number on the RERA website.

Should I Buy or Rent?

Whether to buy or rent depends on your personal circumstances, financial situation, and long-term plans. Renting is generally more flexible and requires less upfront investment, making it a popular choice for expats who plan to stay in India for a few years. Buying property can be a good investment but involves more complex legal procedures and higher costs.

Is It Difficult to Find Rentals in India?

Finding a rental in India can be challenging due to the high demand, especially in major cities like Mumbai, Delhi, and Bangalore. However, with the help of online portals, real estate agents, and local contacts, it is possible to find a suitable rental property.

What Documents Are Required When Renting an Apartment?

When renting an apartment in India, you will typically need to provide proof of identity (passport), proof of employment or income, and a letter of reference. The landlord may also require a rental agreement, which outlines the terms and conditions of the lease.

Do I Need a Lawyer When Renting an Apartment in India?

While it's not mandatory to hire a lawyer when renting an apartment in India, it can be beneficial, especially for expats unfamiliar with Indian rental laws. A lawyer can review the rental agreement, ensure it complies with local laws, and negotiate terms on your behalf. Legal fees can vary, but you can expect to pay around INR 5000 to INR 10,000.

How Long Is the Typical Lease For?

The typical lease term in India is 11 months, but it can be extended with the agreement of both parties. Some landlords may prefer longer leases, especially for furnished properties.

Do I Have to Pay a Deposit?

Yes, it is common practice in India to pay a security deposit when renting an apartment. The amount can vary but is typically equivalent to three to six months' rent. This deposit is refundable at the end of the lease, provided there are no damages to the property.

What Other Upfront Costs Are There When Renting?

Other upfront costs when renting an apartment in India may include a broker's fee (if you used a real estate agent), which is usually one month's rent, and advance rent for the first month. Some landlords may also require a maintenance fee.

Are Utilities Included?

Utilities are typically not included in the rent and are the tenant's responsibility. These can include electricity, water, gas, and internet. The cost of utilities can vary depending on usage and location, but they are generally affordable.

Are Furnished or Unfurnished Rentals More Popular?

Both furnished and unfurnished rentals are available in India. Furnished apartments usually include basic furniture, a refrigerator, and other kitchen appliances, making them a convenient option for expats. However, they tend to be more expensive than unfurnished apartments. The choice between furnished and unfurnished largely depends on your budget and personal preferences," said one expat living in India.

Expats Talk about What Type of Housing They Live In

"We live in a 3 bed apartment with a roof terrace. There is a variety of housing available including bungalows and townhouse type homes. Most expats will live in apartments," said one expat living in Pune.

"We live in an apartment that is part of an older house. Many expats in the area seem to do something similar, renting from locals or residing in guesthouses, long term," wrote a member in Mussoorie.

Expats Talk about How they Found their Home

"We actually paid someone before we came to set up our home. But, in my husband's business that is something that we do. Locate and set up housing for foreigners in India. So, we base it on location to malls, stores, and other places we find expats like to frequent. We also, consider the place of employment along with cost," commented an expat living in Ahmedabad, India.

"This is our second move in India. We used to live up north, but some friends of ours told us about this place and now we are here volunteering at a school," said an expat in Khunti.

"We had the services of a relocation firm who lined up a lot of places to look at. We didn't plan it, but we lucked out as unlike a lot of the usual expat colonies in Pune, once our driver has gone for the day we aren't confined at home or relying on autorickshaws. It is a short stroll to some very good restaurants, and a couple of blocks to the local supermarket and plenty of other stores whilst still being a quiet neighborhood," remarked one expat who made the move to Pune.

"We had a residence provided for us, however there are *lots* of real estate agents in town," explained one expat living in Mussoorie.

"We have lived in Vasant Vihar in SW of the city. We have followed other expatriate colleagues. We have also looked around to see differences between diff zones first," said one expat in New Delhi.