The common norm in Hyderabad is a refundable security deposit of 2 to 3 months' rent for family rentals, and sometimes higher for premium furnished flats. This is lower than Bangalore, where 5-10 months is common. Deposits must be returned at move-out after deducting agreed damages and dues.Put the deposit amount, deduction conditions and refund timeline explicitly in the rental agreement, and collect...
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In Hyderabad rentals, the market norm is one month's rent as brokerage, most commonly paid by the tenant. In some deals - especially owner-initiated mandates or premium gated communities - the owner pays, or the fee is split 50:50. For resale purchases, brokerage is typically 1-2% of the sale value and is usually paid by each side to their respective broker.There is no law fixing these percentages; they...
