Comments on: Making Rental Housing Market More Efficient

By: akil

akil — Sun, 25 Mar 2007 05:45:10 +0000

HI,
This is akil 26 yrs Male from Pune. I am working as a software Engineer. i want to stay alone. so i am looking for good and pease full room or flat. Please do need full.

By: Reema Debnath

Reema Debnath — Mon, 27 Nov 2006 20:38:17 +0000

Hi
I am looking for a rental place in Mumbai. Can you help me?

By: raman

raman — Sat, 14 May 2005 22:15:48 +0000

hy i am buying a bungalow in nibm road i live in new york could you please tell me i made a good choice of investing in nibm road the prices will go up in yr or 2 yr , i am scared that its not a just website they show nice pictures and tells what their ammenities are ,and fraud

By: Suhail

Suhail — Fri, 13 May 2005 22:50:12 +0000

There are rare exceptions though -and they shine like rubies, diamonds whatever. I met this broker on DholePatil Rd – Pune’s downtown, near MG Rd- a Bohra gentleman. He is a qaayda+kanoon man of 70s in every sense. The word “professional” fails to describe him. If he calls you at 4:15 means bang 4:15. No IST [+/-] 15 mins. Asks you to fill in a short form. And he will take you exactly to the places of your liking. If he doesn’t have any, he will state it upfront (but it’s very unlikely that he won’t). Call him a pre-Internet era craigslist. It’s not surprising, that when he took me to some houses, the owners insisted us on having a “quick” treat of tea-biscuits. “Quick” because they know the guy is a timetable on feet, plus the tea is always ready, because he has already informed them that we are coming at 4:30. This speaks a lot about his relation with his clients.

Atanu, if you get a chance, do contact him. I forgot his name. But on DP Rd, somewhere on opposite side of the Jewish synagogue, there is an unused ramshackled kinda open space with some trees/houses in there. That area has a feel of Bombay’s old little wadis from Mazgaon. He lives there. If you do meet him, say my “Hi” to him will you ?

uspeed, u from Pune ? Nice city indeed. Lotsa buzz…& colour. Plus I also like the city for the scarf-on-wheels fad

By: uspeed

uspeed — Fri, 13 May 2005 05:17:31 +0000

>> There has to be a rational explanation. I conjecture it has to do with conveying an impression that they have earned the commission they charge.

Suhails absolutely correct.. and you have to bargain like hell.. S/He’ll claim that they have 5 different people queuing up for the same flat at outrageous rents. S/He’ll try to rush you into the decision.. dont fall for it.

And the commisson is 2 months rent *only* if your broker has to go through some other broker who is actually in charge of the property (they both split 1-1 months rent). If he hasnt, he will settle for 1 months rent, and even if he has gone through another chap, there are chances that he’ll settle for 1.5 months.

All the best

Ane yeah.. Enjoy Pune, its a nice city..

By: Phoenix_in

Phoenix_in — Thu, 12 May 2005 15:06:01 +0000

Interesting experience but i support the thought.

i’m not from the city, moved in last June. i seem to have had better luck, check out 3 apartments and chose one of them !

But pray, why Magarpatta of all places ?

Also, interesting perspective in Navin’s post.

Hope you soon find a place to park your suitcases.

By: Suhail

Suhail — Thu, 12 May 2005 03:19:37 +0000

Let’ say you are looking for a house of say N-star facilties (star can be, space, locality, proximity to bus/train stations, markets, rental amt etc).. Now the broker’s strategy is to show you ten different N-2 houses so that you get frustrated with it. He very clearly knows you won’t take it. Then he takes you to show the ‘Ace of House’ from his list. Naturally by Einsteins theory of relativity, you will be elated to see even one house closer to N-star and might be enticed to take it. This is a common practice amongst all brokers. It’s definitely not his waste of time as long as he knows he can stretch you. Most of them anyways don’t have pretty much else to do. And it’s some waste of your time, if you finally end up taking the house from him. This is India , welcome back to it. FYI Craiglists for Bangalore, Delhi and Bombay is up and running. Never used it though.

Best of luck with your search !