Renting is a popular option as the prices in the real estate industry are breaking their limits daily. It is a reality for many young Indians who travel to new cities to study or work. That said, many rentable properties require the submission of a security deposit, making them pricey in the beginning. However, the 1RK for rent in Ghaziabad without deposit trend is also catching on quickly.
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As the name suggests, these homes allow renters to move in without paying any security deposit. This helps youngsters focus on their jobs rather than waste time house hunting. For many, renting may seem like a lose-lose option, but it isn’t always so.
How Renting Can be Better than Buying?
Buying a home is a long-term plan for many. Hence buying one as soon as you get a job is very uncommon. The next logical option is renting, but many think it loses money over time. Let’s go over a few points that disprove this myth.
- No Maintenance/Repair bills: Renters in India are not obligated to look after repairs or maintenance of a property they live in. This applies to aspects like the paint, appliances, electrical fittings, etc.
- Amenities: Amenities are a part of every home within a gated society. That said, some of these homes are rented out, and the renters can enjoy these for free. These include things like 24-hour power backup, lifts, security, etc.
- No Taxes: When buying a home, buyers need to pay registration fees and stamp duty, according to the law. However, while renting a property, renters do not owe any taxes to the government.
- No Down Payment: Houses for rent in Ghaziabad without deposit allow renters to move in without paying a penny towards security deposits. However, a minimum down payment of 20% is mandatory when you buy a house.
- Freedom: Renters can move into any new house whenever they feel like it. They may do this to move into a more spacious home near the city/office. The choice always rests with the renters.
No Deposit Renting-What is it?
As the name suggests, No Deposit Renting is simply the ability to rent out a space without paying security deposits. Unfortunately, the soaring real estate prices make it almost impossible for lower-middle-class and middle-class citizens to buy a home when and wherever they please.
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Rentable properties in metro cities also require a large sum of security deposit, sometimes up to six months of rent. That said, the best alternative is no deposit flats to rent in Ghaziabad.
Choosing the Perfect Home- How to do it?
As the number of housing projects rises with each passing day, the number of rentable properties rises along with it. That implies tons of options, and this might lead to confusion. So let us help you while finalising your first home.
- Location: Location is the most important cog in the wheel while selecting a home, whether a rented or bought property. The region the home is situated in needs to be close to your place of work and also have necessary amenities nearby. That might include banks, ATMs, malls, markets, etc.
- Budget: The budget is also quite essential while looking for a home. House hunting without a proper budget in mind can lead to financial distress in the future. Hence, it is advisable to set an upper limit before venturing out.
- Vibes: Agreeing to rent a property is very straightforward, especially if you opt for no deposit houses to rent in Ghaziabad. But you must visualise yourself living there and see how your lifestyle fits in before you actually move in.
- Connectivity: This point is like the location but slightly different. The home you finalise should be close to main roads, train stations, auto-rickshaw stops, etc. Opting for a home close to the airport may also help those with jobs requiring much travelling.
- Safety: Safety should be among the top priorities when picking out a home. Speaking to the locals or reading up about a location online can help you reveal the crime rate. A visit to the local police station can also help with this.
Best Areas to Live in Ghaziabad
Ghaziabad’s 210 sq km suburban region is home to more than 2 million people. It is a large area and is segregated into multiple localities. Let’s take a look at the best areas within it.
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1. Vasundhara
The Vasundhara area falls under the pin code 201012 and is a very popular choice among the locals. It is brilliantly developed, and new projects are proposed very often. Moreover, this locality offers excellent connectivity, linked via the Madan Mohan Malviya Marg, Link Road and Kaveri Marg. The social infrastructure is also top-notch, as you can find everything there.
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2. Vaishali
The area with the pin code- 201019 is called Vaishali and is always in demand. This is one of the poshest localities you can go for if you are looking for no deposit flats to rent in Ghaziabad. It has many residential projects within its boundaries and sits along the Delhi-Meerut Expressway.
3. Kaushambi
Kaushambi lies next to the Delhi-Ghaziabad border and is tagged with the pin code 201012. Being the closest to the capital, Kaushambi has a lot going for it, like being close to commercial sectors like Anand Vihar. In addition, the Kaushambi metro station offers great transportation, and the other aspects of social infrastructure are also top-notch.
Different Housing Layouts and their Merits
No deposit houses to rent in Ghaziabad can be found in various shapes and sizes. However, studio, 1-BHK and 2-BHK apartments are the most common housing designs. So let’s dive in and see what they’ve got going for them.
1. Studio Homes/Apartments
The typical studio apartment can be from 200-700 sq ft large. However, the style has become a trend of late, and luxurious options are also available. These are very popular because:
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- They require minimal maintenance.
- They are very pocket-friendly to rent.
- They teach you how to use space more effectively.
- They are often located within employment and commercial hubs.
2. 1-BHKs
As the name suggests, these homes have an independent bedroom, hall, bathroom and kitchen. Slightly larger than the studio variant, these also have their own merits. They are great because:
- They allow for a little privacy.
- They are an excellent option for young couples.
- Gated societies often offer them.
- They are relatively cheap.
3. 2-BHKs
These are the same as 1BHKs apart from having an extra bedroom. This increases the space quite a bit and also allows families with kids to move in. They are great because:
- They have two independent bedrooms.
- They are great for families with kids.
- They are the most common housing layout.
- Most gated societies offer them.
Overall, any house can be a good home, provided you select based on your needs.
Moving to a new city and starting a new life can be tough. So searching for a good home that isalso affordable is an added pressure. That said, no deposit renting is the way to go as they offer a great alternative to traditional rentable homes.
Depending on their requirements, individuals can choose from options like 1rk for rent in Ghaziabad without deposit or something larger. To refine your search, log onto NoBroker and use the filter to pick from the widest variety of homes in any location.
FAQ’s
Q1: Who is the studio apartment the best for?
A1: There is no right answer to this question, as it all depends on one’s lifestyle. A studio apartment is a great option for a single person who wants to spend less time with maintenance and cleaning. Alternatively, it could also be a great option for a young couple wanting to save on rent.
Q2: Name some great schools in Ghaziabad.
A2: Ghaziabad is a popular location for families to move in. The best schools in the area are:
(1)Delhi Public School
(2)Holy Child
(3)Bal Bharati Public School
(4)Khaitan Public School
(5)DAV Public School
Q3: Name some good hospitals in Ghaziabad.
A3: The availability of good healthcare facilities is a must, and Ghaziabad doesn’t disappoint. The best hospitals in this area are:
(1)Max Super Speciality Hospital
(2)Yashoda Super Speciality Hospital
(3)Shreya Hospital
(4)Narinder Mohan Hospital
(5)Chandra Laxmi Hospital
Q4: Which is better, an independent home or an apartment?
A4: The answer to this depends on the type of life you want to lead. Independent homes come with a lot of freedom and space, whereas apartment-style homes have the added benefits of amenities.
Q5: How many 2-BHK homes are available in Ghaziabad?
A5: You can choose a 2-BHK home from more than 300 options right now.
