And I am a victim of that.
When I decided to move out of the house I stay on rent in Green Park, New Delhi – I wanted to check out property options in both Dwarka and South Delhi. Dwarka, because I like the atmosphere there – it is quite a bit like Sanpada, Navi Mumbai. Trees lining good roads, apartments, not too crowded. South Delhi, because old South Delhi houses are spacious, well-built, airy… and you are in South Delhi with easy access to all parts of Delhi.
So I started house-hunting in both Dwarka and South Delhi simultaneously.
And that is when I came face to face with the monster called Company Lease.
It seems every landlord wants only tenants with company lease. No one is willing to give a house to you on rent, if you are self-employed, as I am.
Reasons varied. To begin with, people are comfortable with someone who has a steady job. They understand each other, what they do, they know these people can pay the rent. It might be possible to convince them that I am a safe peaceful Southie who will sit at home and work away at the computer.
But for that, you have to meet the landlord first. Landlords have told the real estate agents that they are looking only at company leases. That means your first obstruction if the real estate agent, both in Dwarka and in South Delhi. When put through that filter, you will find that 90 % or more of houses are available to you on rent. You are stuck with the remaining 10 per cent, most of which you don’t like doe to some problem or the other.
Sometimes, the landlord lives in the same house. Recipe for disaster if it is an interfering landlord. Or even if it is a happy landlord who wants to treat you as a surrogate family.
The landlords we met in both Dwarka and South Delhi had their own issues. Their sons told them not to give it to anyone on personal lease.
The real estate agents were not able to explain what we did for a living to the landlords. This was a bigger problem in Dwarka – it is more a middle class place, and the brokers barely understand the word ‘internet’. They tell the landlord that “this couple is working in the media”. The landlord thinks its some newspaper, and when he finds that it is not, backs out.
Anyway finally we settle on Dwarka. We meet several real estate agents who show us around the rental properties available in Dwarka.
After meeting several brokers who just could not understand the quality of construction, interior and society we were looking for, we met one real estate agent – an English-speaking one – who showed us a flat in Sector 6, Dwarka. It was the second – best we had seen so far. But it had an airy and spacious living room, 4 balconies – and that is what we settled on.
Here, the landlord was supremely unconcerned about us. He was some who was happy to trust the real estate agent with the entire business. He was quite powerful in the society, so obviously, knew we poor southies are not going to be a problem for him if he wanted to get rid of us, or we become a pain. True.
So we move to Dwarka. Hopefully, I will get some partner to play some badminton in the mornings.
So here’s is to the Dwarka life. Further reports after I settle down there!
July 21st, 2008 at 11:37 am
Tell me about finicky landlords. Since you have been in Mumbai, you must be knowing of Jain societies that will NOT let out houses to non-vegetarians. Same goes with bachelors. Now , the company lease bias..
July 27th, 2008 at 7:56 pm
Hi, ur exp in finding a rented accomodation in dwarka seems valuable for me. I m also looking for a decent accomodation in dwarka! Though I have that company lease facility with me. Can u tell me how to get some nice affordable accomodation in dwarka n wat wud be the range for it. I m for 2BHK. rite now i m in Agra so hav little time to explore other than on sundays.
August 11th, 2008 at 4:45 am
hi : am also looking for rented accomodation in dwarka.
tell me if i could contact u on phone.
mine is 9810237334.
mail is alprarms@yahoo.com
September 4th, 2008 at 2:50 pm
Hi…All,
Nowadays,it is becomming fashion & social status in Dwarka Flats Owners to let-out their property on Company Lease. Owners feel that they can proudly annouces in their society or to knowns ones that they have used or misused the Broker and got best deal. Being a Property Consultant based in Dwarka,we do experience the same as stated above by gentleman.We do face lot of challenges & issues like TDS deduction of 15.36% on Rent later on ( Landlords unaware of this calculation).
Somehow, Landlords now have changed there perception & willing to give on personal lease.
As I said earlier, being Property consultant and deal into residential/commercial property in Dwarka ,we come across almost once a week on this issue and to some extend Landlords either staying in Dwarka or Delhi do except personal Lease.But Landlords who stay out of Delhi are generally keen for Company lease ( just for safer side of getting rent on time).
Please don’t hesitate if any one need my assistance or help in Dwarka for Residential or Commerical property either for Rent/Lease or Sale/Purchase.
regards,
AHARNISH
Omen Consultant
211,2nd Floor,Dee Cee Plaza,Sector-11,Plot No:6,Dwarka,New Delhi.
Mobile – 09910-66-1818
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October 17th, 2008 at 12:07 pm
I m in search of a genuine tenent 4 my 3 bhk flat at very reasonable rent in dwaraka immediately .
contact on 9868531665
February 22nd, 2009 at 2:23 pm
Contact us for any rental needs in Dwarka.
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June 18th, 2009 at 4:35 am
HI All
I am looking for LIG or MIG in dwarka.
Tell me if i could contact u on phone.
mail is suraj.cpt@gmail.com
Suraj Choudhary 9911117805
Network Administrator
Clearpath Technlogy
July 31st, 2009 at 2:26 pm
hi all i have 1,2,3BhK flats avalable for rent in dwarka with good location and with the best rate. For further info cal me on 9212720288,999968228