Hello Gentlemans,
I live in Navi Mumbai, Mharashtra in rented House since last 1 year. Here I found many real estate agents who help you to get rented house with commission of 2 rents at time of rent agreement along with certain amount as deposit to flat owner and monthly advance rent to owner. Eg. I afford 8000 rs rent and real estate agent gives me that home on rent then I have to pay 8000 rs to owner as adavnce rent of month, 35000 rs as deposit for 11 months and 16000 rs to real estate agent. Many people pay the same to agents. My question is that is really fair to pay agents? Why do owners afraid of Agents? also now I have completed 11 months and old agreement is finished. Now real estate agent is behnd me to make new rent agreement in which he is asking for 10% hike in rent, and 1 month rent + police NOC and documents charges. Then which law makes this all business legal? Who allowed real estate agents to make such laws in their Union? and why should tenants suffer every 11 months. This is sum that tentant stays for 11 months and pays for 13 months in 1st year and 12 months after 1st agreement? Why this loot is happening with common man? Can anybody explain me?
Thanks,
Sachin