Mumbai, the financial capital of India is one of the costliest cities in India to live in. It's getting dearer day by day. Forget about owning a flat, you have to shell out a lot of money to get a rented accommodation.
In Mumbai, if you are looking for a flat, there is no way you can find one without a real estate broker. Moreover, the owner will ask for a hefty security deposit. The deposit could be anywhere from Rs. 50,000 to 200,000. You will also have to pay 1.5 month’s rent as the brokerage plus paper work charges. Most of the time, you are not given any receipt of this brokerage fees. The agreement between you and landlord is made for 11 months. After 11 months, you will have to renew the agreement and also have to pay the broker once again 1.5 Month’s rental as his FEES for nothing. If you ask for the receipt of this brokerage, you will never get it. If you question the broker why he is asking for brokerage again the answer is “I am not the only one who is charging brokerage once again, you can ask any broker and this is the practice we follow.”
So, real estate broker in Mumbai earns through this ROYALTY every year. Now, you know when you land up in Mumbai after joining a new company or a job, you must have at least Rs. 100,000 in order to get a decent accommodation and be ready to pay royalty to the broker after 11 months.
This song from Taxi no. 9 2 11 depict the irony of living in Mumbai very well.
Living in the city, drive me crazy
Living in the city, never easy
Living in the city, take me up and bring me down and down and down
Laakh laakh roz aake bas jaate hain
Is shaher se dil lagake phas jaate hain
Living in the city, drive me crazy
Living in the city, hey hey
Laakh laakh roz aake bas jaate hain
Is shaher se dil lagake phas jaate hain
saune ki raahon mein sone ko jagah nahi
shola hai ya hai bijuriya dil ki bajariya bambai nagariya
Listen the bambai nagaria track
Also read:
Roti kapda aur kahin door ek makan
Home in Mumbai, House elsewhere
In Mumbai, if you are looking for a flat, there is no way you can find one without a real estate broker. Moreover, the owner will ask for a hefty security deposit. The deposit could be anywhere from Rs. 50,000 to 200,000. You will also have to pay 1.5 month’s rent as the brokerage plus paper work charges. Most of the time, you are not given any receipt of this brokerage fees. The agreement between you and landlord is made for 11 months. After 11 months, you will have to renew the agreement and also have to pay the broker once again 1.5 Month’s rental as his FEES for nothing. If you ask for the receipt of this brokerage, you will never get it. If you question the broker why he is asking for brokerage again the answer is “I am not the only one who is charging brokerage once again, you can ask any broker and this is the practice we follow.”
So, real estate broker in Mumbai earns through this ROYALTY every year. Now, you know when you land up in Mumbai after joining a new company or a job, you must have at least Rs. 100,000 in order to get a decent accommodation and be ready to pay royalty to the broker after 11 months.
This song from Taxi no. 9 2 11 depict the irony of living in Mumbai very well.
Living in the city, drive me crazy
Living in the city, never easy
Living in the city, take me up and bring me down and down and down
Laakh laakh roz aake bas jaate hain
Is shaher se dil lagake phas jaate hain
Living in the city, drive me crazy
Living in the city, hey hey
Laakh laakh roz aake bas jaate hain
Is shaher se dil lagake phas jaate hain
saune ki raahon mein sone ko jagah nahi
shola hai ya hai bijuriya dil ki bajariya bambai nagariya
Listen the bambai nagaria track
Also read:
Roti kapda aur kahin door ek makan
Home in Mumbai, House elsewhere
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