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Pros And Cons Of Taking Properties In Jaipur On Rent
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The option between buying property in Jaipur for sale or rent a house is a tricky one to make. Rent a house makes sense if a person is not sure about his duration of the stay in Jaipur. It makes no sense at all to buy properties in Jaipur like apartments in Sitapura, apartments in Dholai, etc. where a person is are not going to spend a significant time. Rent a house is viable option for all people who like to enjoy living a luxury lifestyle in a luxurious apartment that they wouldn't have been able to afford. Moreover, in case of a rented accommodation a person does not have to spend money for the major repairs of the house.
Pros of renting a home
Huge amount of money is not required: Renting properties in Jaipur requires the tenanat to sign a contract which rarely goes beyond a period of 11 months. The advance deposit of apartments in Sitapura ranges in thousands. Renting properties in Jaipur allows one to live in a luxury area that one might not be able to buy.
Less responsibility: While renting apartments in Sitapura all the responsibilities of repair are shared between the landlords and tenants. Most of the major repair costs have to be borne by the landlords.
Unaffected by property rate fluctuations: Frequent changes in the property rates of apartments in Dholai have no impact on rental prices of apartments in Dholai.
No strings attached: If you don't like to stay in apartments in Dholai you can always shift to apartments in Sitapura or in any other area as it is easy to shift out one just have to a give a months’ notice or a months’ rent before vacating a home. But it is impossible to do the same if you choose to buy a property in Jaipur for sale.
Cons of renting a home
Money doesn't grow: If you buy a property in Jaipur for sale you enjoy ROI but in case of rentals you don't get any return as the real beneficiary is the landlord who earns a stable income. Renewal of rent agreement also leads to hike in rent.
Maintenance Issue: The owner might make you run from pillar to post to get the repairs done on time.
Limitations: If you buy a property in Jaipur for sale you can renovate the property according to your preference which is not possible if you are living in a rented accommodation.
Makaan.com is a popular real estate website that offers information on property in Jaipur for sale.
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