1RK for rent in Gurgaon without Deposit–The New way to Rent Homes

Buying a home is becoming more of a dream with each passing day. The ever-rising prices in the real estate sector can be credited for that. However, renting a home is also very useful for students and young professionals who have just moved to new cities. Unfortunately, some rentable homes also require the submission of a security deposit, which can be quite high sometimes. That’s where the 1RK for rent in Gurgaon without deposit comes in.

These homes are slightly different from regular rentable homes because they do not require submitting any security deposits. This allows young students and professionals to stay focused and exert their energy where needed. However, many individuals still think of renting homes as a disadvantage, read on, and you too will be able to burst this myth.

How Renting can be Better Than Buying

Buying or building a home is a dream we all have, but we cannot do it on a whim or fantasy. A lot of money is at stake, and sometimes it takes up all our life savings. Youngsters moving into big cities to work or study can never have that kind of money as they are just entering adulthood. So at this juncture in one’s life, renting is always better than buying. 

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• No maintenance bills: Renters all over the globe live in homes bought by others. So this means that the maintenance of the home and repair responsibilities do not lie with them. It is always the onus of the owner.

• Amenities: All residential projects sell homes accompanied by various amenities. The bills for these amenities are to be borne by the owner, much like the maintenance and repair duties. Renters can enjoy the luxury of swimming pools, covered parking spaces, parks, sports facilities, etc.

• Taxes: Every individual must pay certain taxes to make the transaction legal while buying a home. This includes registration fees and stamp duty which are sometimes quite steep. However, renters need not pay any share of those amounts and focus on the monthly rent.

• Down Payment: Since flats without deposit in Gurgaon do not need any security deposit beforehand. Renters can move in just by paying a single month’s rent. However, individuals must shell out at least 20% as a down payment while buying a home.

• Freedom: The most overpowered advantage of renting homes is the freedom to move as and when required. Renters are under no obligation to stay at the same home for a specific period. Unfortunately, the same cannot be said for people living in bought homes. 

What is No-Deposit Renting?

No-Deposit Renting means renting out a space without submitting any security deposit whatsoever. However, some homeowners still ask for deposits worth six months of rent. 

These high standards keep youngsters from always getting the homes they choose. Thankfully, no-deposit renting is catching on, and more owners are opting for it daily. 

Things to Keep in Mind While Selecting Your Rented Home

As more and more residential properties come up each day, the choice between homes also expands. The list of potential homes sometimes spans multiple pages, which leads to confusion. We’ve got you covered. Refer to the list below, and you’ll get your home in no time.

• Budget: Setting a budget before you go house hunting is very important. Not only will this shortlist the homes and save time, but it also forces you to save money over time. Extending your budget can lead to many financial troubles in the future.

• Location: Carefully shortlisting homes based on location is a good first step and will save a bunch of time. Ideally, you want a home that is located not only close to your office but also close to marketplaces, hospitals, malls, highways, etc.

• Connectivity: A locality’s connectivity decides how easily you can commute daily. Before picking a home, checking out the roads, highways, train lines, and bus and auto routes is always helpful. 

• Safety: Crime rate is a crucial checkbox while selecting your home. Walk around and speak to the locals to get some insight into that. Additionally, you could pay a visit to the local police station as well. Online research might be helpful too.

• Ambience: Before finalising your next home, it is vital to visualise yourself living there. This will allow you to see if you can accommodate your lifestyle within those four walls. 

Best Areas to Live in Gurgaon

Gurgaon is a rapidly growing suburban area in Haryana, located along the border shared with Delhi. It is a part of the National Capital Region of India and is called home by millions of residents. It is also India’s second-largest IT hub. However, Gurgaon is segregated into many areas, some of which are ripe to live in.

1. Sohna Road

Sohna Road is a prized location as it is one of the most well-connected neighbourhoods in Gurgaon. It lies close to places like Faridabad, Delhi and Sohna. The presence of major employment and commercial hubs nearby makes it quite desirable. There are many gated societies within this region to choose from.

2. Palam Vihar

Palam Vihar is close to Udyog Nagar and Cyber City, making it a great choice for young professionals. The locality has a great social infrastructure with numerous reputed schools and healthcare facilities. It is an ideal place to get flats without deposit in Gurgaon.

3. MG Road

The Mehrauli-Gurgaon Road, or MG Road for short, is one of the best localities for people looking for housing in a heavily commercialised area. Safety is top-notch in this locality, and residents swear by it. Multiple gated societies offer a wide selection of homes as well.

Different Housing Floor Plans and their Benefits

India is experiencing a massive boom in the real estate industry, and Gurgaon is among the fastest-growing cities in that regard. As a result, housing projects are being constructed daily and providing more options. There are many types of homes, but the most common would have to be the studio, 1-BHK and 2-BHK options. 

1. Studio Apartments

Studio apartments comprise a single room, kitchen and bathroom. It is also called a 1RK by some. These homes are a great choice for single people because:

• They need minimal maintenance and cleaning.
• They are extremely affordable.
• They are often located within commercial sectors.
• They teach you how to use space more efficiently.

2. 1-BHK homes

As the name suggests, 1-BHK homes offer more space than studio apartments as there is an independent bedroom, kitchen, bathroom, and hall. These are also great options because:

• They are relatively cheap.
• Gated residential projects offer them.
• They allow for more privacy.
• They are perfect for young couples and small families.

3. 2-BHK homes

These homes are like 1-BHK but with an additional bedroom. These do offer a little more space and often an extra bathroom. They are great options because:

• They are great for families with kids.
• Gated residential projects offer them.
• They have an additional bedroom and bathroom.
• They are the most common housing layout in India.

The choice ultimately rests with the renter, but getting a home that suits your lifestyle is useful. 

Renting a home is a necessity for young professionals and students. But the lower-middle-class and middle-class members are also within that bracket, thanks to the soaring prices homes have these days. 

The 1RK for rent in Gurgaon without deposit is a double-edged sword that lets owners rent out their properties quicker and provides affordable homes for youngsters. Moreover, the absence of a security deposit helps you add to your savings in the long run. If you want a home, log onto NoBroker and use our filter to refine your search.

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