Everyone wants to own a home. But it is really difficult to own one because of the prices that are touching the sky. Those who can afford to buy a home, on the other hand, have a difficult decision between buying and renting. In India, it has been noticed that those who can afford to purchase a house place a higher value on having a home, with renting serving as a compromise. Both approaches have distinct advantages and disadvantages, and some of the advantages are as follows:
Benefits of renting a home include:
- Renting alleviates some of the financial obligations associated with house ownership, such as EMI costs, property taxes, and other legal issues.
- Renting implies a lower level of accountability. A property worth Rs 50 lakh may be rented for Rs 10,000-15,000 per month in big areas. You’d also have to pay an EMI of between Rs 30,000 and Rs 40,000 if you bought a property for the same sum. (Monthly instalment equivalence)
- While renting closer to work or good schools may be available, the same homes may not be inexpensive or within one’s budget.
How much does it cost to live in Chennai?
While “long distance locations” can have a huge increase in employment opportunities, the cost of living is always a factor to consider when moving to a new city. Chennai has a cost-of-living index of 25.50, which is 9.55 percent less than Bengaluru. You can also discuss with the locals for getting the right flat and flatmates Chennai.
Where will I stay in Chennai?
Chennai, one of the most populous cities in India, is the 31st largest metropolis in the world and the fourth most populous metropolis in India. For administrative purposes, the city is divided into three separate areas: North Chennai, Central Chennai and South Chennai. While the majority of the population are Tamils, there are several minorities from other regions of the country who migrate here. Because Tamil is the most widely spoken language, communication with the natives can be difficult, but Telugu is in second place. Knowledge of Tamil is useful, but most parts of the city also have English translations of the marks.
If you are still worried that you will not learn the local language, make sure that the people in Chennai are extremely polite, friendly, warm and hospitable and always helpful. Compared to other large cities, the city also has low crime rates. With so many options available worldwide, it is important to choose the one that suits your needs in Chennai. Here are some tips to keep in mind when looking for apartments for rent in Chennai.
Commute every day
In a car
Metropolitan Transport Corporation (MTC), the local bus service in Chennai, is the most important and cheapest mode of transportation in the city. Chennai Mofussil Bus Terminus, which is one of the largest bus stations in Asia, is located in Chennai (CMBT). Despite the extensive bus network in Chennai, it is difficult to find a place at peak times, as in most other cities. As a result, using a bus can be tedious and tedious, especially in heavy heat.
Suburban trains, are also available.
The city’s rail system has four main routes that run regularly. Cars, taxi-based taxi aggregators, as well as taxi calls in Chennai are your next option. Keep in mind, however, that many autowallahs will test your negotiation and exchange skills. There are a lot of option to try out in the city. You can enjoy travelling in the most comfortable manner. All you need is to know which station is the right one for you.
Chennai as a metropolis has a large population of migrants from all over the country. In terms of housing and urban population, Chennai is doing well compared to other large cities. Chennai has accommodation options for every budget and need, from usable 1BHK to various bungalows. In addition, unlike other cities, Chennai chooses residential areas that are less dirty, cramped and have above-standard amenities. To save time and money on the go, find a place within 5 miles of your business.
Chennai, which is ranked among the ten most visited cities in the world, is without a doubt one of the best places in India to visit if you can withstand the hot weather. In Chennai you will not be disappointed if you enjoy the beauty of the beaches, the combination of ancient architecture and the vibrant vitality of modern India.
Chennai is one of the best destinations for retail therapy in terms of shops, amenities and shopping mall! Pondy Bazaar, for example, is a popular market in Chennai, selling everything from food to quick street shopping. For all your shopping needs, visit Ranganathan Street and Usman Road. Now that you know all about the city, you can easily continue and book your 1 Bhk rental in Chennai for a peaceful life. Get in touch with Stanza Living team and know more about the right options.