How to analyze whether you are paying higher rent?

The property market in Jaipur grew by multiple times during the past few years. After being enlisted among the hundred smart cities, there has been a sudden influx of real estate investment in the city. Plus, the implementation of RERA and the Pradhan Mantri Awas Yojana further supported this growth. At present, there is an abundance of rental properties in the city. But despite this, there is a huge variance in rental prices. This is not because of the gap in demand and supply, but many other factors are responsible here.


If you feel that you are paying more rent for your property, then first you need to know what are major factors affecting rental prices. Well, the prices of properties are dependent on five major parametres i.e., location, size, layout, amenities, and interior decoration. Read on here to know some simple steps to find out whether your rental expenditure is appropriate.

Research online

Searching online, you can analyze many real estate websites presenting information about similar properties in your area. Plus, there you can also find out information about the rental prices in a specific neighborhood.

Browsing various real estate property portals, you can also find out the factors affecting property prices in a specific neighborhood. Plus, you can also find out how the rental prices in one area in Jaipur can vary from another area.

Gather local data on your level

The information available on various websites may vary from the actual data because landlords generally quote a higher price on the website. Therefore, to analyze whether you are paying an appropriate price for your rented flat, you should talk to the shopkeeper, newspaper hawkers and other tenants in your locality to gather information about the property prices trends.

Conclusion- As there is no government body or research agency providing adequate information about the rental prices in an area, you should search the internet to find out the average rental prices in an area. Plus, you must gather realistic information by interacting with the shopkeepers, present tenants, and newspaper hawkers as they can be of great use to gather realistic information about the rental prices.

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