I moved to Chennai last year and encountered a landlord who asked me to pay five months’ rent in advance. I really loved his apartment and was all ready to pay him the amount, but my friend stopped me. She had been living there for a year and knew how many months rent needed to be paid there. Different cities have different rules, so before finalising an apartment, do note these things. If you want to know how many months advance rent in Chennai, let me tell you that the maximum limit is three times the monthly rent. So if your monthly rent is Rs 10,000, you must pay a maximum of Rs 30,000 and nothing more than that as your advance fee.
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How many months advance for house rent in Mumbai?
I am not sure about how much one has to pay as an advance fee to rent a house in Mumbai. These details are mentioned in the rental agreement, so you better go through it properly. I have seen people charge two-three times the monthly rent as an advance fee or mention a particular amount.
How many months rent in advance Bangalore?
In Bangalore, landlords charge quite a good sum of money as an advance fee. They ask for about 5-10 months' rent. However, the government is not happy with it. In fact, they are planning to initiate a law that will restrict the landlords from doing so. Once the law is passed, landlords will be able to charge only two months’ rent as an advance fee.
This is what I can say to answer how many months rent in advance needs to be paid.
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How Many Months Rent in Advance is to be Paid?
Akshara
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1
2 Year
2023-03-08T21:41:38+00:00 2023-03-08T21:42:40+00:00Comment
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