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FAQ,s


To help answer your questions about real-estate and relocation issues in Bangalore, we have compiled a brief listing of frequently asked questions:


1. How do I start?

Find a realtor who has had exposure to international companies, as they understand  your special requirements.
 

2. Where should I look?.

If you want to be close to the international schools -look towards the northern part of the city, or the east depending on the location of the school.

3. Where do expats generally live?.

At the centre of the city, or, any of the following areas - Indiranagar, Koramangala, Benson Town, Raj Mahal Vilas and Whitefield.

4.What specific things should I be aware of when looking for accommodation?.

Check the electricity-you must have at least 6 kva to run a couple of air conditioners.

Make sure there are no water patches on the walls.

Check if there is a backup generator, a sump to store water, and also if there is a bore-well.

5. What are the additional costs apart from rent.

1) The Security Deposit-approx 10-12 months rental for residences and 15-20 months for offices.
    This is interest  free and refundable.

2) A monthly maintenance fee of approx. Rs.2/- per square foot in the case of apartments.

3) In case of homes, you may want to hire a security guard, even though Bangalore is generally considered
    family safe.


6. How can I network with other expats?

Get in touch with the Overseas Women's club and Community Services of Bangalore.


7. What are the general terms and conditions?

1)

Typically a rental lease would be in consecutive periods of 11 months each. There is usually an escalation in the rent at the end of the 11th month and 22nd month. There is a lock in for the first 11 months, when the lessor or the lessee cannot terminate the lease. During the 2nd year period of 11 months both can terminate the lease after giving 3 months notice.

2)  Realtors fees are one months rental or 2% in the case of sale.



Please do not hesitate to contact us in case you have more questions.

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