4 BHK Furnished Gated Community Villa in Chennai for Rent

Rental Advance or Security Deposit will be anywhere between 6 – 10 months of monthly rent payable at the time of signing the rental agreement. This interest free amount is refunded after the tenancy tenure, after deducting for any necessary damage/repairs on behalf of the tenant’s use apart fom regular wear n tear of the property.

The Rental agreement is for a period of 11 months contract, and it is usually renewable every 11 months, with a prior notice period of 2 months by either party (landlord or tenant), before the period of tenancy is up.

Usually, the monthly rent is increased by 5% every year after the first year.

Some landlords and contracts stipulate a minimum lease period of 2-3 years for expats and coporate MNCs.

There may be a penalty clause for foreclosure of tenancy if more appliances or furniture (apart from the offered funiture and appliances) is required from the tenant’s end.

The Tenant shall bear all expenses related to maintenance inside the house such as:

• House and Terrace Cleaning
• Pay for consumables like Electricity, Gas, Diesel, Internet, and Landline Phone rental
• Arrange Sewerage disposal as and when required (if applicable)
• Gated Community Maintenance as part of rent to be paid for amenities and common conveniences (security, clubhouse, etc)

The following are maintained by the landlords, unless otherwise mentioned:

• Appliance maintenance (includes Air conditioning and White goods Annual Maintenance Contracts called AMCs)
• Garden Maintenance
• Generator Maintenance
• Lift Maintenance
• Layout Association Service charges
• Property Taxes are taken care of by the owners

Any additional requests for furniture, fixtures, addition of swimming pool, appliances or structural changes like plumbing or electrical will need to be checked for feasibility and approved by the landlord first.

No, normally the rent amount mentioned in each property listing, is only for the monthly rent.

For Gated communities, each house will also have an additional monthly maintenance fee other than the rent, for paying the association for maintaining the community and its amenities. (Sometimes it is absorbed by the landlord) .

Semi furnished Expat / Corporate rental usually means the house comes with:

• Air conditioners
• Modular Kitchen
• all Cupboards and wardrobes

but no white goods or loose furniture.

Fully Furnished Expat / Corporate rental means the house comes with:

• Air conditioners
• Modular kitchen
• all Cupboards and wardrobes
• White goods (home appliances like TV, OTG/Microwave, Fridge, Washing machine, Dryer, etc)
• Loose furniture (Sofa sets, Dining table, Cots & mattresses in all rooms)