The concept of a ‘Paying Guest’ accommodation and rental is quite different from each other. However, there are certain aspects that you should take note of if you are planning to choose either of the options. A Paying Guest or PG accommodation offers few benefits that makes it a better option for many; especially the fairer sex. Meals, furnished rooms and security are some of the benefits that the individual can reap from a PG option. On the other hand, the rented homes are mostly preferred by people who enjoy their individuality and freedom. This very notion that goes with the rented homes has been defined by the youth of today. All the chores, which include food, lodging and other preparation that makes a place livable has to be arranged by the individual who occupies the rented home.
There are certain things that should be focused more irrespective of the choice of accommodation.
- The Agreement
It doesn’t matter whether you are opting for a PG accommodation or a rented home; agreement is something that should be given utmost importance. An agreement has all the clauses that apply on a person’s stay in the house. These terms make accommodation conditions clear and the occupant has a clear idea about the rent, neighbors and activities to do and avoid. Moreover, the agreement also comprises the tenure of stay and next surge in the rent amount. Even though the owners of PF options don’t ask for any agreement but the potential occupant can ask for it so that future discrepancies and issues can be avoided.
- The Locality
The occupant should analyze the locality before nailing a property on rent or for PG and this is required basically for two reasons; safety and rent amount. For example, consider a city like Bangalore where most of the localities are well-laid and offer necessary utilities. Therefore, if you are planning to buy flat or house in Bangalore or rent or for PG and then be assured that safety and comfort will always accompany you at every step.
The other aspect, which is the rent amount, gets affected by the locality chosen. Infrastructural development and residential space around also affects the rent amount and the individual must think here on the point before investing amount.
- The Interior
It doesn’t matter if the person chooses to stay in a PG or a rented home; interior is something that holds the priority. Investing a heavy amount will definitely ask for better interiors and an overall perfect look & feel. Dilapidated walls, broken wall paints and tampered bathroom ware is a big turn-off and an occupant could skip homes and deals on the basis of the same. There has to be a good return on the money that is being invested on a particular property for sale or a housing accommodation that relates to a PG. Moreover, the interior is one aspect that elevates the standards of apartments on rent.
- The Infrastructure Around
Whether or not, an individual will finalize a flats for rent in Bangalore or a PG depends hugely on the infrastructure that defines a locality or a region. The condition of roads, shops nearby, hospitals and transportation systems like Metro are some of the factors that determines a huge percentage of the decision making. For instance, consider metropolitan cities like Bangalore or Delhi/NCR where migration rate is higher than rest of the country. The infrastructure is better and the civic utilities here are world’s best. All these facilities makes living extremely comfortable and worth each penny. If you choose to rent a property in the cities then assurance of a smoother life will always linger around.
- The Landlord’s Reputation & Rapport With Society
The reputation of the landlord is also one of the important aspects that an individual should take note of. A fussy landlord will always make issue out of every big and small thing, which can not only disturb the occupant mentally but will also hamper the other spheres of life as well. There are landlords who have property on sale with adjustable amenities but their behavior is something that makes living, a pleasant experience. Therefore, it’s better to choose a peaceful owner offering livable space than a posh one with poking owners. The enquiry can either be done from the Residents’ Club of a society or a region or can be known from the people already residing in the vicinity.
A person can have the best stay; on rent or in a PG; if and only if he chooses to pay attention to details. These pointers are the important pointers that one should consider in the initial stint of nailing down a housing option. Preferring to be alert and the person can be on the best side. Happy Living!
Vineeta Tiwari is a keen writer on Global Economy and Realty market. She has written articles on Global realty market and ongoing trends and tips for investors. An ardent reader, she is happy to pen down research based write-ups for global audience. Currently, she is professionally associated with popular realty portal, 99acres.com.