Tips to rent your home or property to a celebrity
Ranbir Kapoor and Katrina Kaif
Recently, Ranbir and Katrina was the talk of town because they were shifted into a rented apartment at Mumbai’s Carter Road. Earlier, Sunny Leone shifted in rented apartment at Versova after searching for an ideal pad for nine months, before that she was living in a hotel. Other known celebrity are Jacqueline Fernandez, Prabhudeva, Aditi Rao Hydari, Chitrangada Singh and Imitiaz Ali who are the prominent tenants in Mumbai and living on rented property since the beginning of their careers in Bollywood.
Living with stars and celebrities can be a dream come true for you, and as well as you can get a chance to enter in the media industry. But as a landlord you should have some of the important ‘must-have’ qualities as well as your property or apartments should have same. This trend shows that even celebrities prefer to rent apartments or properties rather than buy one in a city with ‘exorbitant’ real estate prices. Celebrities consider following factors while taking the property on rent;
Property Design:
In present all the modern actors look for fully furnished apartments along with creative interiors and best view that can relax them during their free time. So if you wish to give your property on rent to any celebrity than you should design your property according to needs and necessities of celebrities.
Frequent Partying:
Celebrity always looks for easy-going landlord because of their professional relation and regular parties. if you are keen to earn the desire income from well know face of the TV or Bollywood industry. As a landlord you should never put the objection on their late night parties, loud music and visitors, because it’s their professional culture and without it they will never agree to rent your property.
Premium Locations:
All celebrity love to live in premium locations such as; Versova, Juhu, Bandra West, and Andheri West because these localities are nearby Film City in Goregaon East, so it will save their time while traveling.
Privacy and Independence:
Most of the celebrity prefers to live in peaceful location like other tenants, so if you wish to give your property on rent than develop your property in peaceful atmosphere. Try to give them as much independence and privacy within your resources.
Fluctuating Incomes:
We all know that acting is not a regular profession, hence you may face unavoidable delays in payment from them and as a good landlord you need to understand that.
Housing Society Approvals:
All celebrity to know the rules and regulation and before taking the property on rent them can ask for the document of society approval and other documents. In Mumbai most of the housing societies are reluctant to rent homes for those who all are in the acting field. Make sure that your resident associations don’t have any objection if you give your house to any celebrity.
Rental Agreement:
It’s recommended to enter in the rental agreement before leasing your property to a known face because this simple step can avoid future hassles when and if it comes to evicting the property due to breach in society by laws.
According to marketing manager of well known construction company, Luxury apartments and villa projects are in huge demands because investors are buying the property and later they are earning lakhs of rupees by renting the property to well known faces. So it is recommended that if you wish to rent your property to some celebrity than buy a property will all luxury and basic amenities.
