Chennai is a city that arguably houses the maximum number of prodigies in the country! From having the best educational infrastructure to a highly advanced IT sector, the city offers a plethora of opportunities for students and budding working professionals. Many renowned researchers have grown up in Chennai and studied at some of the numerous world-class educational institutes that the city offers. The Indian Institute of Technology Madras, in South Chennai, is one of the premier engineering colleges in India and a breeding ground for some of the best engineers in the country. SRM University, Sri Venkateswara College of Engineering, Panimalar College are some of the popular institutes that impart quality education to their students on various subjects.
Now, this is reason enough for youngsters to migrate to the city! And, while the number of migrants is increasing every year, the demand for the best PGs in Chennai is also increasing proportionately. PGs are a pocket-friendly option for the young millennials providing not only accommodation but also meals and security under one roof making their lives comfortable.
If you are planning to rent a PG in Chennai, it is critical to ensure that you are prepared for what’s in store for you when you start your search. Despite the fact that moving into a new condo sounds exciting, the hunt for the property can be a daunting task.
Fresh graduates and young working professionals are generally on a tight budget and to save some costs, choosing a shared accommodation in Chennai is always a good option. A few reasons to choose shared accommodations in the city are:
Calculate your budget as per your salary. The rent for the accommodation should not exceed 30% of your monthly income until and unless the pad is in a premium locality or just too good to ignore. In case you are looking for a cost-effective option, you should opt for professionally managed accommodation providers like Stanza Living. They provide all amenities under one roof at affordable prices. For more details, you can log on to their website – www.stanzaliving.com
Better Lease Terms
A professionally managed accommodation often turns out to have better terms of the agreement. For one, since its an all-inclusive service, you can get all that clearly defined in your agreement so there are no future concerns. Next, they have a professional security deposit policy which is typically no more than a month’s rent (unlike apartments and flats where landlords might demand as much as 10 months’ deposit, like in Bangalore)
A Social Connect
Living in shared accommodation is the best way to be a part of a community of likeminded people, where you can build friendships for life. Professionally managed accommodation providers like Stanza Living have some exciting social events at their properties on a regular basis. These events not only help to keep the residents occupied but also encourage them to engage with each other, building a healthy co-living environment. Considering you are new to a city, this is a great way to not just settle in but find people who you can bank on.
These are some of the reasons why you should opt for shared accommodations instead of flats as they create a healthy and wholesome environment.