Ask a Hyderabad Broker

Rental Security Deposit — What's standard for Hyderabad rentals | Broker Network

How much advance or security deposit is standard for Hyderabad rentals?

Quick answer: 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. Deposits in some other metros, such as Bengaluru, are often higher. 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...

Who Pays Brokerage? — Owner or tenant — how it works in Hyderabad | Broker Network

Who pays brokerage in Hyderabad – owner or tenant?

Quick answer: 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...