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Your guide to everything you should know when buying a property in Chennai, whether you are a first time buyer or investor.
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You'll first want to know what your property could rent for. Get a valuation or comparative market analysis (CMA) from a local property expert who knows the market inside out.
A knowledgeable broker is key in listing your property and finding the right calibre of tenants. Do your homework and look for a brokerage with a solid reputation and a track record of marketing similar properties. You want your listing to stand out from the crowd in a highly competitive market. This requires professional photography, an expertly worded listing and an active brokerage network with a wide geographical reach.
Listing your property exclusively with an agent comes with certain benefits. It incentivises the broker, and they’ll be more motivated to invest extra time and marketing know-how to attract a great tenant. It also means one point of contact and an aligned strategy.
Registered owners must sign a RERA listing form for their broker to list the property. For your broker to complete their due diligence, they will also ask you for a copy of the title deeds and your ID.
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