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Real Estate Forum on Rentals in Velachery, Chennai

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How do I calculate the lease value of a residential property?
Q: I have a flat in Chennai. How do I calculate the lease value of a residential property for 1 year and so on? Suppose, it is a 1000 sq. ft. house in a flat.

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how to calculate rental value of a property
how to calculate lease value of a property?
Latest Answer: The gross rental multiplier is a valuation benchmark that looks at a property relative to its rental income. To calculate a GRM, divide the price of the property by its yearly rent - for example, an Rs.6000000 house that rents for Rs.15,000 a month would have a GRM of 33.3, which is derived by dividing the Rs.180000 in annual rent into the Rs.6000000 price.
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How much rent a flat would cost in Velachery.
Q: Can someone please let me know how much rent I would need to pay for a semifurnished flat (2bhk, 850 sq ft, two bathrooms, doored cupboards) and for a furnished flat (semifurnished plus 1 ac, 2 bed, tv, fridge, washing machine, 1 sofa) in Velachery?

Latest Answer: The rent for a 2bhk apartment in Velachery ranges from Rs 10,000 to Rs 26,000 depending on the area of the apartment, connectivity, amenities provided etc.
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Looking for a 2 BHK home for rent. (3 homes)
Q: We are a big joint family. We are looking for 2BHK home for rent. We are 3 families and we need three homes in a row or in a same apartment.

Latest Answer: Hey Senthil, There are 2 bhk apartments available for rent in Velachery, you can click on the link to check the details 2 bhk apartments for rent OR You can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirements to get matching properties details on your Email and Mobile.
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Water availability
Q: how's the water availability in the society. Is it 24 hours or the residents have to depend more on calling the water tankers

Latest Answer: Thanks Alex, this is really helpful :-)
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Looking for a 2bhk flat
Q: Hi,I would be joining as a faculty at IITM. I was wondering if a 2BHK flat is available in the building? Thanks,Vyoma

Latest Answer: You can post your requirement at http://www.commonfloor.com/post-public-property-requirement to get matching properties details on your Email and Mobile.
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Looking for rental house.
Q: I am looking for rental house in Natwest Vijay phase2 Pallikaranai. What is the rent for 2 BHK?

Latest Answer: You can post your requirement at http://www.commonfloor.com/post-public-property-requirement to get matching properties details on your Email and Mobile.
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How far is DAV Public School from Ceebros Heritage?
Q: Hi, please tell me how far is the school from this project.

Latest Answer: If you are looking to find a flat for rent then there is a 2 BHK for rent of Rs.15,000 per month. Let me know if you are interested.
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Looking for a 2BHK flat for rent.
Q: I am looking for a 2bhk flat in Villa Espansa. I am working in IT company, myself and wife are the members in my family. Please let me know if u have any available.

Latest Answer: Villa Espana is one of the completed project of XS Real with 47 spacious houses. You can post your requirement in Commonfloor, to post the requirement click here.
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I need 2BHK apartment for immediate occupation.
Q: I need a 2 BHK flat immediately. Please reply if available. -Mahesh

Latest Answer: Looking for Rental or to purchase an apartment
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Looking for 2bhk to rent in Ramaniyam Eden.
Q: Looking for a 2bhk apartment to rent in the Ramaniyam Eden. Please get back with the availability if any or to be available in the coming months.
Thanks,
Arun.

ramaniyam eden
Latest Answer: As far as I know till last year rent for 2bhk flat in Ramaniyam Eden was Rs 16,000 per month.
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