Brits moving to Gurgaon

Tan10 · Mar 10th, 2009, 19:49

Hi,

I'm working on a documentary series potentially following a British Asian family moving to Gurgaon.I'm trying to get an idea of what life is like compared to the UK. Things like the cost of living, international vs state school etc. Can any one recommend a good local school and estate agent in the area that I could talk to?

Thanks

Twiggy · Mar 11th, 2009, 04:36

Hey there are estate agents a plenty in gurgaon, infact a dear friend of mine is looking to rent a place of his in gurgaon and I can hook you up with him.

Tan10 · Mar 11th, 2009, 17:22

Thanks Twiggy. I'd definately be interested in speaking to your friend for my research, if they are an estate agent operating in Gurgaon, as I want to get an idea of rental prices compared to the UK.

Twiggy · Mar 12th, 2009, 21:31

You can check out various websites to get a rough estimate on the rentals in Gurgaon. You can factor in atleast a 10% inflated rate on the sites (might be more than that in some cases). You can jst go onto google and do a search for property sites.
However a couple of popular ones are 99acres.com and magicbricks.com

Tan10 · Mar 12th, 2009, 21:53

Thanks again - I'll have a look at the websites you mention.

Catherine L. · Mar 17th, 2009, 23:18

Hi!

Don't know about rental agencies as this was taken care of by my company but thought the following info my be of use:

In comparison to UK, rental prices are quite low here. The only potential issues is that small flats are very rare. Nonetheless, you can easily get some 150m2 (so 2-3 bedrooms with ensuite bathroom) furnished below 40,000 INR (something around 450-500 GBP). That is of course for rather expat standards of living. You can get much lowers prices as well. A furnished flat will generally be some 5,000-10,000 INR extra yet may be worth it to save you the hassle (although cost of furnishing is extremely reasonable). Other fees (phone, cable, electricity) will sum up to max 3,000-6,000 INR with electricity driving the cost on the higher side in Summer time.

However, make sure what you rent has water and power backup (absolute must), ideally air conditioning which you will need in the Summer time.

As in the UK, you will generally have to pay a one month commission fee for the rental + 2 months rent for deposit (at least as per my experience). Lease are generally for 11 months and you can expect a rather steep cost increase when renewing the contract.

Transport can be a problem in Gurgaon so if you do not have a driver, location should be an important consideration. DLF-4 is an interesting expat hub with two very good markets in walking or rickshaw distance (Galleria & SuperMart One).

Additionally, when you visit the flat, make sure you check every thing is working.

Also, you may want to be on site to visit / choose your flat. Many people have rooms for rent which can easily be a temprorary option while you are looking. Flats will generally be available within a few days so you can move in rapidly.

Hope this helps, feel free to post more questions if needed.

Catherine

OrangeStreet · Mar 20th, 2009, 15:16

Just one suggestion for those looking to renew thr lease.. The increase in rental amount is generally related to inflation, which is at its lowest in a long long time.

I had my lease renewed this month and increase in rent was a nominal 5%.

puchoo · Mar 20th, 2009, 16:06

i wish that were the case everywhere....in high end localities , i doubt whether inflation is really going to play a big role in revision of rates , think it would be safer to work with a standard 10-15% jump.

OrangeStreet · Mar 20th, 2009, 17:33

On the contrary Sid, its the case almost everywhere.

I pay about 35k/month and my agent suggested the prices have come down to 30-32 for the complex and almost all the new leases he has helped extending, have been on a lower or equal price or a marginal increase.

I'm talking about Gurgaon here though. Might not hold true for Delhi.

puchoo · Mar 20th, 2009, 18:09

like i said , i wish it was , but unfortunately mine got renewed last year just a little before the recession really hit everyone...so i will never know if my landlord would have compromised , but i don know of a lot of people spread all over Delhi who have not benefited from it...

Anyhow , good for you!!

Tan10 · Mar 20th, 2009, 18:33

Thanks to everyone for replying to my post. All the information has been really helpful and much appreciated!

Catherine L. · Mar 20th, 2009, 21:16

Well, regarding the rent increase, mine is already fixed at 10% in the lease contract if I renew. In the current economical context my suggestion would be to negotiate to leave it out of the contract - although if you rent for a cheap price and economy picks-up you might then be quite surprised!

lofty2304 · Mar 20th, 2009, 21:29

deflation has taken its toll on the real estate.. my father inlaw has an apartment in gurgaon..the lease was extended this week at an 10% raise.. though expat area like dlf-4, south city..there rental rates are going down....Cheers!

OrangeStreet · Mar 20th, 2009, 22:09

Quote:

Originally Posted by Catherine L.

Well, regarding the rent increase, mine is already fixed at 10% in the lease contract if I renew. In the current economical context my suggestion would be to negotiate to leave it out of the contract - although if you rent for a cheap price and economy picks-up you might then be quite surprised!

You're right! Thats a standard clause in most if not all lease agreements. I had a similar clause but I did reason out my landlord and well there we go, I saved some money to buy me a bottle of baileys every month. Life is a bliss!

Mar 10th, 2009, 19:49	#1
Tan10 Member Join Date: Jan 2009 Location: UK Posts: 8	Brits moving to Gurgaon Hi, I'm working on a documentary series potentially following a British Asian family moving to Gurgaon.I'm trying to get an idea of what life is like compared to the UK. Things like the cost of living, international vs state school etc. Can any one recommend a good local school and estate agent in the area that I could talk to? Thanks

Mar 20th, 2009, 15:16	#7
OrangeStreet In Utero Join Date: Sep 2008 Location: Gurgaon Posts: 657	Just one suggestion for those looking to renew thr lease.. The increase in rental amount is generally related to inflation, which is at its lowest in a long long time. I had my lease renewed this month and increase in rent was a nominal 5%. __________________ Cheers OS

Mar 20th, 2009, 16:06	#8
puchoo Maha Guru Member Join Date: Nov 2006 Location: New Delhi & Himachal Pradesh (Shimla) Posts: 5,411	i wish that were the case everywhere....in high end localities , i doubt whether inflation is really going to play a big role in revision of rates , think it would be safer to work with a standard 10-15% jump. __________________ Cheers! Indiamike Mod team............ puchoo.wordpress.com

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Mar 11th, 2009, 04:36	#2
Twiggy Member Join Date: Jan 2009 Location: India Posts: 43	Hey there are estate agents a plenty in gurgaon, infact a dear friend of mine is looking to rent a place of his in gurgaon and I can hook you up with him.

Mar 11th, 2009, 17:22	#3
Tan10 Member Join Date: Jan 2009 Location: UK Posts: 8	Thanks Twiggy. I'd definately be interested in speaking to your friend for my research, if they are an estate agent operating in Gurgaon, as I want to get an idea of rental prices compared to the UK.

Mar 12th, 2009, 21:31	#4
Twiggy Member Join Date: Jan 2009 Location: India Posts: 43	You can check out various websites to get a rough estimate on the rentals in Gurgaon. You can factor in atleast a 10% inflated rate on the sites (might be more than that in some cases). You can jst go onto google and do a search for property sites. However a couple of popular ones are 99acres.com and magicbricks.com

Mar 12th, 2009, 21:53	#5
Tan10 Member Join Date: Jan 2009 Location: UK Posts: 8	Thanks again - I'll have a look at the websites you mention.

Mar 17th, 2009, 23:18	#6
Catherine L. Member Join Date: Dec 2008 Location: Gurgaon Posts: 9	Hi! Don't know about rental agencies as this was taken care of by my company but thought the following info my be of use: In comparison to UK, rental prices are quite low here. The only potential issues is that small flats are very rare. Nonetheless, you can easily get some 150m2 (so 2-3 bedrooms with ensuite bathroom) furnished below 40,000 INR (something around 450-500 GBP). That is of course for rather expat standards of living. You can get much lowers prices as well. A furnished flat will generally be some 5,000-10,000 INR extra yet may be worth it to save you the hassle (although cost of furnishing is extremely reasonable). Other fees (phone, cable, electricity) will sum up to max 3,000-6,000 INR with electricity driving the cost on the higher side in Summer time. However, make sure what you rent has water and power backup (absolute must), ideally air conditioning which you will need in the Summer time. As in the UK, you will generally have to pay a one month commission fee for the rental + 2 months rent for deposit (at least as per my experience). Lease are generally for 11 months and you can expect a rather steep cost increase when renewing the contract. Transport can be a problem in Gurgaon so if you do not have a driver, location should be an important consideration. DLF-4 is an interesting expat hub with two very good markets in walking or rickshaw distance (Galleria & SuperMart One). Additionally, when you visit the flat, make sure you check every thing is working. Also, you may want to be on site to visit / choose your flat. Many people have rooms for rent which can easily be a temprorary option while you are looking. Flats will generally be available within a few days so you can move in rapidly. Hope this helps, feel free to post more questions if needed. Catherine

Mar 20th, 2009, 17:33	#9
OrangeStreet In Utero Join Date: Sep 2008 Location: Gurgaon Posts: 657	On the contrary Sid, its the case almost everywhere. I pay about 35k/month and my agent suggested the prices have come down to 30-32 for the complex and almost all the new leases he has helped extending, have been on a lower or equal price or a marginal increase. I'm talking about Gurgaon here though. Might not hold true for Delhi.

Mar 20th, 2009, 18:09	#10
puchoo Maha Guru Member Join Date: Nov 2006 Location: New Delhi & Himachal Pradesh (Shimla) Posts: 5,411	like i said , i wish it was , but unfortunately mine got renewed last year just a little before the recession really hit everyone...so i will never know if my landlord would have compromised , but i don know of a lot of people spread all over Delhi who have not benefited from it... Anyhow , good for you!!

Mar 20th, 2009, 18:33	#11
Tan10 Member Join Date: Jan 2009 Location: UK Posts: 8	Thanks to everyone for replying to my post. All the information has been really helpful and much appreciated!

Mar 20th, 2009, 21:16	#12
Catherine L. Member Join Date: Dec 2008 Location: Gurgaon Posts: 9	Well, regarding the rent increase, mine is already fixed at 10% in the lease contract if I renew. In the current economical context my suggestion would be to negotiate to leave it out of the contract - although if you rent for a cheap price and economy picks-up you might then be quite surprised!

Mar 20th, 2009, 21:29	#13
lofty2304 Member Join Date: May 2008 Location: faridabad Posts: 12	deflation has taken its toll on the real estate.. my father inlaw has an apartment in gurgaon..the lease was extended this week at an 10% raise.. though expat area like dlf-4, south city..there rental rates are going down....Cheers!