Many people want to shift to bigger cities because these cities offer more income and career opportunities apart from better infrastructure and facilities which are not available in small towns and villages. Some people have to move from one city to another due to their job requirements and some people shift to bigger cities to pursue higher education in the much better institutes available in bigger cities. All these people require a rented accommodation and look for flat to rent.
The growing population in bigger cities has considerably increased the demand of rented flats and this has given the opportunity to the house owners, who have some extra rooms which can be accommodated as a separate compact flat, to let out the unused flat to rent. This serves the purpose of the house owners as they get a monthly substantial income through rent and the property they rent out gets looked after by the tenant who has taken the possession. The rent which the land lord will get on monthly basis can be very useful in meeting any untoward future monetary requirement.
Property rents in big cities are much higher in comparison to small towns and due to this factor, more and more people are building their private house with a future provision of separate area which can be utilized for a separate flat for letting purpose, which is a lucrative source of income for many these days. Some people stay in rented flats for a few months or years and some people stay for many years. It depends on the suitability and convenience of both house owner and tenants. The duration of stay is always mentioned in tenancy agreement, which contains other many agreed points and terms and conditions. The moment the tenancy agreement expires, it