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- Originally Posted by NestSeekerThanks Nilesh. What are the odds of finding such landlord?
May be someone staying out of Pune or someone staying abroad?
One of my friend went through similar dilemma...Lot of builders have unsold flats in there schemes, he went through lot of them and finally found one in bavdhan...builders usually sign agreement for more than 11 months, that might help you...will try to find if his apt has any vacant flats....
Btw, this renting vs buying debate is unending....and may be renting makes sense financially, but if you consider all these hassles...buying makes more sense...CommentQuote0Flag
- Originally Posted by NestSeekerThis is an old thread. Re-opening since I have a question. Experts, please advise.
I moved to Pune in Apr-May 2010 and rented a 2BHK for Rs 13,000. At the time of renewal, the owner wanted to increase it to 16,000 (reason - society maintenance charges have gone up!). I was ready only for 10% increment. Finally settled with 15000 since I was in no mood to shift and go through the hassles all over again.
Now the second renewal is coming up and my greedy landlord is demanding 18,000 (Reason - 2 new malls and multiplex have come up nearby). Can you believe this guy? I told him I cant afford more than 10% increment. There seems no end to his greed so I have started looking for another apartment.
As much as I am a fan of renting, I dont want to go thorugh the hassle of searching for house and moving every couple of years. Add to it the brokerage and shifting costs. I need stability at least for 4-5 years.
Can I do anything about this? Putting a clause in rent agreement regarding cap on rent increment would help? Any innovative idea to deal with such situation?
Ek taraf builders aur dusri taraf landlords! Kahan phans gayaa?
I can understand your pain.
Have you tried craigslist to find an apartment for renting craigslist: pune classifieds for jobs, apartments, personals, for sale, services, community, and eventsCommentQuote0Flag
- Buy for your retirement while you can pay EMI.CommentQuote0Flag