G
Gaurav Oberoi
posted on 14 MayRajkot landlords are a remote owner's nightmare
Rajkot mein landlord issues kitne common hain for remote owners? I'm based in Dubai, looking at Krishna Kunj. Worried about deposit refunds and maintenance disputes without being there. Any real experiences, especially for NRIs?
#rajkot-rentals#landlord-issues#nri-investment#remote-management#krishna-kunj
Comments
The situation is definitely tricky, especially with the current market. Property values in areas like Krishna Kunj have seen a steady rise, making them attractive for investment. However, rental yields aren't always great
Bhai, my experience with a property in Rajkot, though not Krishna Kunj specifically but nearby, was a nightmare. My parents bought a 2BHK for investment, and the tenant literally trashed the place. Getting them out was a legal hassle that cost us more than a few months' rent. The deposit? Forget about it. It became a 'take what you get' situation. For NRIs, I'd say be extra careful. Power of attorney for someone reliable is crucial, or you'll be flying back and forth for every small issue.
Often, direct tenants are the riskiest. Brokers do some basic checks, but for remote owners, it's rarely enough. That's why a genuinely trustworthy property manager, who does thorough background verification beyond just ID, becomes absolutely crucial. It's a huge challenge to find one, especially from abroad.
Oh no, that sounds terrible! Was the tenant verified through a broker or directly?
Honestly, it depends. Not all landlords are bad. My cousin owns a flat near Kalawad Road and has had decent tenants. The key is thorough background checks and a solid rental agreement. For NRIs, a trusted local property manager is a must, warna dimaag kharab ho jayega dealing with issues from abroad.
Yaar, same pinch! I'm also a first-time buyer looking at Rajkot, though not an NRI. But the remote owner part is my biggest fear too. Krishna Kunj sounds good on paper, but I've heard stories about landlords delaying deposit returns for months, citing bogus damages. Is it really that bad for everyone?