What You Need To Know About Rentals In Mumbai

Look, we know your head’s spinning from all the chitter-chatter about the rental situation in Mumbai. Sure, it’s a bit expensive. And most of the apartments are pretty cramped up. But talk to anyone who has been a migrant for a while. They’ll tell you it’s always possible to get decent accommodation when you search hard enough. And guess what? We’re here with some pointers to make that search a little easier. So you can find the best rentals in Mumbai with the least amount of head-spinning.

And hey, we wouldn’t be so confident talking about this if we hadn’t built India’s largest managed accommodation ecosystem at Stanza Living. So you can bet that we know exactly what young folks like you want and need from rental space. And even if you’re yet to become a Stanzen, we’re happy to help you out. Now, scroll down and find out how to search for the best possible rooms for rent in Mumbai. So you can put all the naysayers to bed, and put yourself, to a more literal and comfy one.

Things I Need To Consider While Looking For A Rental in Mumbai

Here are the things you take into account while looking for a rental place in Mumbai in 2022:

• Know About The Hood
• Trend in the rent
• Fantastic Flats And Where To Find Them
• Paperwork
• Dont Settle For Less

Looking for a fully-furnished flat with tons of amenities? Just check out our managed apartments in Mumbai.

Know About The Hood

In case you didn’t know, Mumbai is a big city. Bigger than an Ahmedabad or Pune. And lot bigger than your hometown. That means that within Mumbai there are many different types of Mumbai. While Bandra and Andheri are prime locations for students and working professionals, Borivali and Kandivali are where you go for lower rents. So make sure you decide on the locality before you go house-hunting. Cuz the last thing you want after finishing your classes or work is to take a local train, a cab, an auto, a bus, and finally a boat to reach home.

Trend in the rent

Once you have set your sights on a couple of localities, research the rent prices. And that does not just mean finding the average prices in both localities. It’s also about figuring out whether you get more value for money out of a shared 2BHK or a solo studio apartment for rent in Mumbai or more specifically, in your preferred areas.

In short, observe the trend in rent prices as closely as you look for trends in Insta reels.

Fantastic Flats And Where To Find Them

Good thing is that it’s the year 2022. So you don’t have to start house-hunting by walking around in the heat or desperately waiting for newspaper classifieds. We mean, you can still do that. But why put that effort when you have a dozen online rental listing portals? Sure, not all of them will have user-friendly listings like Stanza Living, but you can still find awesome leads just by tapping on your phone. Yep, it’s that easy.

Paperwork

We know the word ‘paperwork’ put you off the moment you read it. But here’s the thing, you’re an adult now. You’re about to take up a big journey on your own. So, unfortunately, you gotta take care of these mundane things too. For example, you’d need to carry a few documents including your Aadhar card and PAN card for your rental agreement. So do take these things into account. Even if your life doesn’t look like a sweet coming-of-age movie anymore, sorry.

Dont Settle For Less

If you consider the process of house-hunting to be a movie, then the appearance of the rental place is just the opening credits. Sometimes it’s so good like the Star Wars intro that you know the film is gonna be amazing too. But in reality, the probability of that happening is a lot less. Basically, you might have two identical apartments with the same exact rent, but their utilities may differ by a mile. So please compare multiple properties to avoid these kinda unsavory plot twists in Mumbai.

Check Out Rentals in Other City

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FAQs On Things To Know About Rentals In Mumbai