Several people face problems while renting the dwellings, because they worry that which kind of renter may come to the houses and how they take care of the house. Rest of them still rent it out because renting a house will make a fiscal sense and even the vacant flats will show the signs of rot. So, rent your own dwellings or properties for the companies for stable revenues and for safer income say the economic analyzers.
As per the real estate specialists, such type of people must lease their property to the companies and this is the good choice for the people who stay far away from their properties. Majority of multinational and big companies seeks flats to house their tax exile and even the Indian employees. Employees choose to take a residence on corporate lease, if the job is for 2-3 years. Company Lease Accommodation (CLA) is less aching for the property-owners, while the company is responsible for any non-payment, damages or for any break of the terms & conditions which are generally outlined in the bond.
Om Ahuja CEO of Residential Services, Jones Lang LaSalle India speaking to the www.propertykhazana.com said that, “Most vital benefit of commercial lease is over the personal lease which is the better protection factor. The chance of fake action of any kind in a commercial lease is minimal, because the commercial assumes whole responsibility for the tenant. The rent amount will come on time and the proprietor position will be in high chance of getting one more tenant from the similar company instantly on the finishing of the lease span.” Companies generally go to the properties which are in good quality and well maintained. Several companies go to land talks through the international property consultants and some goes through the local dealers. So, it will be perfect to register your land with a realty service supplier to lend your position for commercial requirements.
Source: NIMMA BENGALURU
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