manamthoupule Posted February 8, 2023 Report Share Posted February 8, 2023 How easy is to rent out your property in Hyderabad as NRI ? Bought an apartment in Kokapet last year and thinking whether to rent it out or sell. For people who are renting out apartments in Hyderabad how easy is the whole process of finding tenants, making sure there are paying TDS on our behalf etc ? Is it better to sell or keep it for 4-5 years and rent it out since Kokapet area will grow in next few years ? If I decide to keep how easy is to sell 4-5 year old apartment since I'm seeing lot of communities with lot of empty flats? Quote Link to comment Share on other sites More sharing options...
manamthoupule Posted February 8, 2023 Author Report Share Posted February 8, 2023 LTT Quote Link to comment Share on other sites More sharing options...
jefferson1 Posted February 8, 2023 Report Share Posted February 8, 2023 26 minutes ago, manamthoupule said: LTT If you don’t have relatives use brokers to rent they will manage and you pay them commission. Quote Link to comment Share on other sites More sharing options...
idibezwada Posted February 8, 2023 Report Share Posted February 8, 2023 investmentki apartment konte, its always best to sell it out...neeku vache rentki katte emiki link undadu 2 Quote Link to comment Share on other sites More sharing options...
k2s Posted February 8, 2023 Report Share Posted February 8, 2023 1 hour ago, manamthoupule said: How easy is to rent out your property in Hyderabad as NRI ? Bought an apartment in Kokapet last year and thinking whether to rent it out or sell. For people who are renting out apartments in Hyderabad how easy is the whole process of finding tenants, making sure there are paying TDS on our behalf etc ? Is it better to sell or keep it for 4-5 years and rent it out since Kokapet area will grow in next few years ? If I decide to keep how easy is to sell 4-5 year old apartment since I'm seeing lot of communities with lot of empty flats? Renting out a property as an NRI can be a bit complex as there are many regulations and procedures to be followed, but it can also be a good source of passive income. Finding tenants in Hyderabad is not difficult, as there is a high demand for rental properties in the city. You can advertise your property on online classifieds sites, property portals, or through real estate agents. When it comes to tax compliance, you can appoint a property manager or an agent to handle the process, including collecting rent and paying TDS on your behalf. Whether to sell or rent your property depends on your personal circumstances and goals. If you believe that the Kokapet area will see growth in the next few years and you're comfortable holding on to the property for 4-5 years, you could rent it out and potentially benefit from appreciation in property value. However, if you need the money from the sale, it might be better to sell the property. Selling a 4-5 year old apartment in Hyderabad is not difficult if it is well-maintained and in a desirable location. You can sell the property through a real estate agent or online property portals. The demand for properties in Kokapet and the resale value of your property will depend on various factors, such as the current real estate market, the location and condition of your property, and competition from other properties in the area. 1 Quote Link to comment Share on other sites More sharing options...
Saloly Posted February 8, 2023 Report Share Posted February 8, 2023 13 minutes ago, k2s said: Renting out a property as an NRI can be a bit complex as there are many regulations and procedures to be followed, but it can also be a good source of passive income. Finding tenants in Hyderabad is not difficult, as there is a high demand for rental properties in the city. You can advertise your property on online classifieds sites, property portals, or through real estate agents. When it comes to tax compliance, you can appoint a property manager or an agent to handle the process, including collecting rent and paying TDS on your behalf. Whether to sell or rent your property depends on your personal circumstances and goals. If you believe that the Kokapet area will see growth in the next few years and you're comfortable holding on to the property for 4-5 years, you could rent it out and potentially benefit from appreciation in property value. However, if you need the money from the sale, it might be better to sell the property. Selling a 4-5 year old apartment in Hyderabad is not difficult if it is well-maintained and in a desirable location. You can sell the property through a real estate agent or online property portals. The demand for properties in Kokapet and the resale value of your property will depend on various factors, such as the current real estate market, the location and condition of your property, and competition from other properties in the area. Chatgpt Quote Link to comment Share on other sites More sharing options...
Tomb__ayya Posted February 8, 2023 Report Share Posted February 8, 2023 1 hour ago, manamthoupule said: How easy is to rent out your property in Hyderabad as NRI ? Bought an apartment in Kokapet last year and thinking whether to rent it out or sell. For people who are renting out apartments in Hyderabad how easy is the whole process of finding tenants, making sure there are paying TDS on our behalf etc ? Is it better to sell or keep it for 4-5 years and rent it out since Kokapet area will grow in next few years ? If I decide to keep how easy is to sell 4-5 year old apartment since I'm seeing lot of communities with lot of empty flats? One more thing bro, don't miss to mention the point in the rental agreement like whenever you visit India for few weeks or a month or so, they vacate the flat for time being and you stay in that flat in your trip and then they move back once you leave India and they have to pay rent for that month also as its a blanket agreement. 2 1 Quote Link to comment Share on other sites More sharing options...
ttr2tr Posted February 8, 2023 Report Share Posted February 8, 2023 experience tho chepthuna, SC/ST vaalaku maatram rents ki ivaku. rents ivakunda reverse cases vestaru. I faced lot of issues with them. 1 Quote Link to comment Share on other sites More sharing options...
Ryzen_renoir Posted February 8, 2023 Report Share Posted February 8, 2023 Only reputed company employees ki rent ki ivvu. businessmen , govt employees, etc can be very tough to vacate if they decide to stop paying rent Quote Link to comment Share on other sites More sharing options...
Pandubabu Posted February 8, 2023 Report Share Posted February 8, 2023 Galiz gallu Chala mandhi unnaru , my wife has a property she rents for .. So far 3 tenants unde , no one pays rent in time , okadu emo pedha business man anta .. okadu emo p.g in medicine . Em ra ante , COVID tight annadu.. sarle ani vadilesthe , anni luggage theeskoni jump, not paying 3 months rent ... Papam ani vadilesthe manake pedatharu galiz gallu . Quote Link to comment Share on other sites More sharing options...
Roger_that Posted February 8, 2023 Report Share Posted February 8, 2023 1 minute ago, Pandubabu said: Galiz gallu Chala mandhi unnaru , my wife has a property she rents for .. So far 3 tenants unde , no one pays rent in time , okadu emo pedha business man anta .. okadu emo p.g in medicine . Em ra ante , COVID tight annadu.. sarle ani vadilesthe , anni luggage theeskoni jump, not paying 3 months rent ... Papam ani vadilesthe manake pedatharu galiz gallu . peddadi pettaru bro... Quote Link to comment Share on other sites More sharing options...
Pandubabu Posted February 8, 2023 Report Share Posted February 8, 2023 Just now, Roger_that said: peddadi pettaru bro... Lite bro .. 3 months rent nothing compared to what we earn .. Manalni erri pook cheyadame koncham badha.. Quote Link to comment Share on other sites More sharing options...
Bears Posted February 8, 2023 Report Share Posted February 8, 2023 If it is from a branded builder and gated community, Renting is piece of cake. Just put it in what’s app groups. It should go in a week max. If not hire a broker, Broker will take commission from Tenant Quote Link to comment Share on other sites More sharing options...
raj2909 Posted February 8, 2023 Report Share Posted February 8, 2023 Last year i rented my new 3BHK apartment to a family of 4, i am staying in US and my parents stay in my village, so they cant followup, so everything has to be through phone calls only it took me almost 2 months to find a tenant, a Tenant Broker brought the tenants and i had to pay him 10K (which i feel is more for the effort and work the put in). Till now i don't have any issues with them, they pay rent on time and since its a new apartment i did gave them decent Interiors, but they asked few more which is OK. I didn't figured out the Tax situation yet, i have to find a CA to file the IT Returns this Financial Year Quote Link to comment Share on other sites More sharing options...
sendral_nakka Posted February 8, 2023 Report Share Posted February 8, 2023 Don't ever rent to Marwadi's. You will end up vacating your own house, because they wont. Quote Link to comment Share on other sites More sharing options...
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