Here Are 10 Important Factors Driving The Indian Rental Real Estate Market Online

Since more landlords are posting their homes online, real estate websites have expanded their offerings to accommodate them.

The process of moving into a rental home has been simplified. Because of the proliferation of property search websites, registering for a rental unit is now a breeze.

operation that can be performed with a single mouse click. Young people who are comfortable with technology seem to be the sites' primary audience. "Customers in the middle age range who prefer in-person service include working professionals, elder migrants, NRIs, etc. The overwhelming majority of online real estate listings are posted by people under the age of 35 "the opinion of realtor Raghav Prajapati.

Property-related services, from virtual tours to rental agreements to even packing and moving assistance, are increasingly available via real estate websites.

ONLINE CUTTING CORNER:

One great feature of real estate websites is the comprehensive overview of a property that they provide. Information such as square footage, number of rooms, location, proximity to local amenities, and connection options are included. Pictures and movies showing the property from every angle are also included. Owners or real estate agents will often post images and a detailed description on the website where the property is being advertised. Actually, watching videos of a property is the most accurate method of evaluation since you can see the property and its surroundings in detail. If you want to get a feel for the whole property, some postings will even show you pictures of the entire building "Pratibhan Dasi, after seeing the images and videos, narrowed her search to three or four homes in Panvel. Any prospective renters may get in touch with the listing agent or property owner to schedule a viewing. "We were able to make a quick and informed rental selection because to the portal's detailed listing information. We made two visits to the apartment before signing the lease, "Guru Chouhan, who has just leased a house on Bandra West's Pali Hill, admits as much.

CONTRACTS FOR LEASING SPACE:

These days, it's also feasible to draught a lease agreement online, thanks to real estate websites. When you fill out the necessary information on an online rental agreement form, you will get the agreement immediately. "Upon concluding our search for a suitable dwelling, we went online to submit an application for a lease. We were provided with a template for the agreement, and after some revisions, it was good to go "Bhavik Sharma, who handled the rental agreement and the police notification online, agrees. For know your customer (KYC) purposes, these portals also provide biometric authentication at the doorstep by sending a representative to the client's location with a fingerprint scanner. "We, being busy professionals, opted to complete the rental agreement online via a real estate website. An allocated relationship manager walked us through every step and provided a person to do the necessary biometrics collection at our doorstep. For the fingerprint verification, the agent came to the house where the homeowner and I were staying; we received the final, certified lease agreement within a week "According to Lower Parel property owner Shalini Gonsalves.

ASSISTANT PRODUCTS AND SERVICES:

To make matters more difficult, there are also the actual physical tasks of moving into a new house. Websites dedicated to real estate frequently include ancillary services like moving and painting.

and tidying up and similar tasks. "It covers a wide range of assistance in relocating from one residence to another. We used a professional packing service, and we also had some painting done. Though the packing and shifting went well, the painting cost more than expected because of the low rates that these, websites provide for their services "— Sanjay Lokekar, a new Dadar renter. "She continues, "I had some minor painting done around the home, and I hired local painters to do it." As a result of the epidemic, a lot of these property websites now provide optional cleaning and sanitation services.