For the past few years, Noida has witnessed a rapid infrastructure change due to excessive demand coming from home and commercial property buyers. Thanks to it’s proximity to Gurgaon, the centre of IT and commercial sector, Noida is preferred as a reasonable and convenient location to settle. With better connectivity and infrastructure of the location, more and more people are looking for renting options in Noida. Many new projects like Oh My God by Bayaweaver and other properties are coming up. Bayaweaver Noida project is one of the most prominent retail cum residential project in Noida. Located bang on the Noida Expressway, Oh My God is one of the best locations for the future with a catchment promise of over 5 Lac people. Below are some of the top criterions for consideration while renting a property.
· Look for Value-for Money:
The annual rent of the property is an important factor to consider, tenants are looking for value-for-money. Better connectivity, good amenities, cooperative people and other factors are important. Though the rent of these properties can be high, but if it fulfils the need, then surely it is the best deal. Do check if the rent taken is accurate as per the location.
· Scan the Agreement:
Legal documentation is an important part both the parties should consider. The agreement should contain all the details about the property, rent and other legal aspects. Seek legal help from experts to know the draft of the agreement before signing it. Do a background check of the property owner and the locality to ensure everything is transparent.
· Compare the Rent:
The rent of the property may differ as per the region. You need to do good research about the rents in nearby location and compare the same. This would give you an idea on whether the rent you are paying is according to the locality or not.
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