People come to Chennai from far off places of the nation to work or study and the majority of them prefer the option of rented house as the most suitable place to reside. There are innumerable multinational companies and IT firms who have grabbed the major chunk of talents from across the nation. So, the people who come from other parts of the state or the nation need some space to reside and most of them do not want to settle here permanently. So, they opt for houses that are available here on lease. Most of these workers prefer to stay in places which are close to their workplaces. So, there is a huge demand of abodes in areas like Velachery, Adyar, Tiruvanmiyur and some other places where most of the industries are settled. Although, the rooms or flats that are available in these areas are expensive, people do not bother about the fact as most of them are well paid employees. However, there are many other places in the city where you can find cheap yet good quality apartments to reside. Most of the students who come from other parts of Tamil Nadu and the nation opt for those cheap and affordable houses.
The Tamil Nadu government and the local municipal corporation of Chennai have taken many steps to create houses that can be offered to people on rent. They took the help of the local builders to erect buildings in areas which are in close vicinity to the market, community center and other vital places. The house rental options are also soaring high in some of the high-class areas of the city as many people want to live a life full of comfort and luxury. Since, they earn enough money; they do not make hesitation to spend some of it to get the coziness while residing in the city. As more and more people are coming here for work and study, the city witnesses an increase in the demand for accommodation and the pressure has forced many to live in some places adjacent to Chennai. The value of real estate and properties in Chennai is also rising fast and it is becoming hard to buy flats, bungalows and small individual homes for people with average income. So, they depend on these houses on rent. The builders and construction companies in Chennai are active enough to solve this issue and thus they are busy erecting small apartments that are usually given on lease. The accommodation problem of the middle class dwellers and some local residents are solved mainly by providing them with flats of 2 BHK and 3 BHK.
Rental Agreement & Payment
Most of the houses are available on rent and you have to make proper paper agreement with the owner of the house where all the terms & conditions are mentioned. According to present rental laws, most of the houses or flats are given on rent for 10-11 months and this is as per the agreement. After the completion of the agreement period, an increase of 10% is made on the rent to stay in the same place.
There are certain places in the city where owners or the agents prefer to take the advance rent for 10 months. So, you have to be careful and make your budget according to your need. You have to sit and discuss about all the terms & conditions with the landlord or agents before finalizing the deal. There are many property dealers and To-Let service providers across the city who can guide you to find a suitable abode of your choice and within your budget. It is to be noted that different areas of the city has different rates. You can make the payment through cash, card and cheque whichever suits best to you. Do not forget to take rent receipt(s) when you give the rent.
Get the best deal
Premium 3 BHK bungalow – Kilpauk
You can get premium quality 3 BHK bungalow on rent at Kilpauk, near Post Office. It is almost 20 years old bungalow with area measuring 2500 sq. ft. with ample water supply, car parking and space for gardening. The monthly rent is INR 35,000. The rent can be negotiable.
3 BHK bungalow – Adyar
This is a well-ventilated bungalow with proper water supply, car parking and many more basic amenities. The area of the bungalow is 3000 sq. ft. and is a semi furnished place to reside. It is located in Adyar in a good residential locality. The monthly rent is INR 1 Lac.
2000 sq. ft. house – Panayur
This is a semi furnished independent house available on rent with area of 2000 sq. ft. at Panayur. The space is on the 2nd floor with adequate water supply, car parking, open terrace and you can get this by paying rent of INR 50,000/month.
4 BHK house – Besant Nagar
This is a 1700 sq. ft. semi furnished 4 BHK individual house available for rent at Besant Nagar in a good residential area. It has got adequate water supply, 24 hours security, car parking, etc. The monthly rent is INR 60,000.
3 BHK house – Anna Nagar
You can get fully furnished 3 BHK independent house with area of 2150 sq. ft. by paying a monthly rent of INR 70,000. It is located at Anna Nagar West in a good residential area and has almost all the basic amenities like water supply, power backup, security, car parking and many more.
Individual house – Saligramam
This is a 4100 sq. ft. individual house available for rent at Saligramam. This is a 4 BHK completely furnished house with 24 hours water supply and security and has the option of 2 car parking. The rent is INR 85,000 per month.
For more good deals you can contact the following dealers or agents:
- Agre Realty for flats & apartments. Phone: +91 9380999196.
- Shakti Agency for apartments & flats. Phone: +91 9884649070.
- SRA Land Developers for flats. Phone: +91 9003026119.
There are many property dealers in Chennai who can help you find a room for rent. You can also take the help of different websites where you can get to know all about the houses, property dealers & agents, rates and many more related to housing rental in Chennai.
The best places to take houses on rent in the city are Anna Nagar, Velachery, Mylapore, Adyar, Anna Salai, Kilpauk, Egmore, Saidapet, T. Nagar, Vadapalani, Kodambakkam and Nunambakkam.