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A House Or A Flat – What Is The Right Choice For You?
Tenants are often not very sure whether a house or a flat will be the perfect fit for them. The fact is – there is no sure-shot answer for everyone. It all depends on individual requirements and preferences. You need to decide on it considering in various factors.
Tenants are often torn between choices. They are often not very sure whether they should move to a house or shift to a flat. Many a time, they take a decision only to regret it later.
Tenants must ponder on their requirements and budget before taking a decision. Circumstances vary with individuals and there cannot be a single advice for all and sundry.
Assessment of your requirements is the first thing you must do when planning to move. If you are living with your spouse and kids, a flat with more than one bathroom may be the right choice for you. However, if you have dogs as well, a house with a backyard will be a better choice. If you are single with enough income, one bedroom flat will suffice. Otherwise, you may decide to share the property with flatmates. You need to assess your unique requirements before concluding.
Location and ...
... rent are two major factors that influence your decision. If you want to live in the heart of a city, close to markets, schools and hospitals, you should be willing to pay more rent. However, living in the suburbs will be easier on your pocket. However, situation may vary in different metropolitan cities. Take Delhi, for instance. Rentals in Delhi suburbs like Noida, Gurgaon and Ghaziabad may be as much as in Delhi. Amenities may also be more or less equal. Doing a bit of research will help you understand the rentals in various parts of a metropolitan area.
Talking about Delhi, it is a sprawling city and the choices for you may differ heavily in various parts of the city itself. Rentals in South Delhi colonies may be higher than most residential areas in East or North Delhi. Choices of houses and apartments will also vary. If you are someone with a stable job or your kids are enrolled in a prestigious school, you may want to stay put in a house or flat that keeps the journey time to the minimum.
Safety is of paramount importance when choosing a property. Checking the crime rate in the area you are planning to move to may be helpful. Talk to local residents about safety issues in the region. Don’t consider just the immediate exterior of your residential complex, check a bit beyond as well. The road that borders your complex may be safe, but what about the alleys that are a couple of blocks away.
Wherever you finally decide to stay put, it is important that you sign a rental agreement with the landlord. It will help stave off several problems that crop up later.
Whether you decide on a house in East Delhi or a PG in South Delhi, it must be in tune with your specific needs. A well-chosen rental property will provide you peace of mind. It is always better to put in your mind before taking a decision. It helps.
The writer is associated with EasyRenting, a leading online rental property resource catering to people in NCR looking for rental accommodation.
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