Milestone Real Estates

Find the Perfect Place to Call Home

Renting a property in Mumbai can be straightforward when you follow the right procedures and guidelines. Whether you're looking for your first rental or searching for tenant-friendly options, we're here to guide you through the entire process.

Our comprehensive rental guide is designed to help both property owners and tenants navigate the rental market, understand their rights and responsibilities, and ensure a smooth and secure rental experience.

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For Owners

Guide for Property Owners

A Simple, Smart, and Secure Way to Rent Your Home

01

💰 Decide the Right Rent Amount

The rent depends on:

Furnishings & appliances
Location & connectivity
Current market trends
Similar properties nearby

💡 Tip: Furnished homes attract better tenants and higher rent.

02

📜 Register Leave & Licence Agreement

Always use a legally registered agreement:

Prepare proper L&L agreement
Register to protect ownership
Obtain Police NOC
Verify tenant background

✓ Protects both owners and tenants legally.

03

🪪 Collect Required Documents

Always collect from tenant:

Aadhaar & PAN
Passport copy (if available)
Employment proof
Emergency contacts

✓ Keep records safe for legal security.

04

👨‍💼 Work with a Professional Agent

A trusted agent can:

Find verified tenants
Handle background checks
Prepare agreements
Keep property occupied

💡 Bonus: Inspect property every 6-12 months.

For Tenants

Guide for Tenants

Important Guidelines for Renting a Flat in Mumbai

01

📑 Complete Government Documentation

Mandatory documents to submit:

Aadhaar Card
PAN Card
Address proof
Family member IDs

✓ Ensure all documents are clear and valid.

02

🏡 Common Reasons for Shifting

You might be shifting due to:

Redevelopment of home
Job transfer/relocation
Upgrading to new locality
Lifestyle changes

✓ Whatever the reason, ensure proper paperwork.

03

📜 Register the Rent Agreement

Government-Registered Leave & Licence:

Accepted by Police
Recognized by Society
Valid for banking proof
Address proof document

✓ Protects your legal rights.

04

🤝 Be Clear on Terms with Owner

Discuss and agree upon:

Monthly rent & payment date
Annual rent increment %
Furnishing type
Parking & amenities

💡 Tip: Get all terms in the registered agreement.

Top Tips for Tenants

Ensure a pleasant renting experience with these essential tips.

Understand all the terms, conditions, and rules outlined in your lease agreement. Pay special attention to policies regarding pets, maintenance responsibilities, and early termination. Having clear understanding prevents disputes later.

Before moving in your belongings, walk through the property and take photos or videos of its current condition. Report any existing damages to the landlord immediately to protect your security deposit when you vacate.

The landlord's insurance covers the building, not your personal belongings. Renter's insurance is usually very affordable and protects your items against theft, fire, and other damages. It's a smart investment.

Keep a positive relationship with your landlord or property manager. Report maintenance issues promptly and always communicate in writing if you have specific requests or concerns. Documentation helps resolve issues quickly.

Always pay rent on the agreed date to maintain a good relationship with your landlord and keep a clean rental history. Set up automatic payments if possible to ensure you never miss deadlines. Keep payment receipts for your records.

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Tenant's Guide