FAQ · Rental

Rental and Tenancy FAQs for Landlords and Tenants in Gurgaon

Owners leasing out Gurgaon property and tenants renting it ask overlapping but distinct questions. This page answers both sides directly — on rent benchmarks, lease structuring, deposits and dispute resolution.

Achievable net yield, mid-luxury
3.4–4.4%
Standard lease-lock convention
11-mo
Typical security deposit (months' rent)
2–3x
TDS on rent to NRI landlord
30%

What the data says

  • Corporate-catchment micromarkets sustain meaningfully higher and more stable rents than equivalent stock further from employment hubs.
  • An 11-month lease renewed periodically remains the market convention in Haryana, avoiding mandatory registration thresholds.
  • Security deposits in Gurgaon typically run 2–3 months' rent for unfurnished units and higher for furnished luxury stock.

How EstateVeda executes this

  • Rent benchmarking against actual registered lease deeds, not portal asking prices.
  • Tenant screening — employer verification, references and background checks.
  • Lease drafting with escalation, lock-in, exit and maintenance clauses favouring the owner.
  • Ongoing collection oversight and renewal-window management.

Risks we underwrite against

  • Verbal or under-documented lease terms leading to disputes at exit or renewal.
  • NRI landlords under-withholding TDS obligations on tenants, or vice versa.

EstateVeda verdict

A properly drafted lease with clear escalation and exit terms prevents most rental disputes before they start — draft it once, correctly.

Frequently asked questions

What is a reasonable rental yield to expect in Gurgaon?

Net yields typically run 2.4–3.1% on ultra-luxury Golf Course Road stock and 3.4–4.4% on mid-luxury inventory in corporate-catchment micromarkets, after accounting for CAM, vacancy and taxes.

Is an 11-month lease legally required in Haryana?

It is a convention, not a legal requirement — leases of 11 months or less avoid mandatory stamp duty registration under the Registration Act, which is why it remains the market standard, though longer registered leases are equally valid.

How much security deposit can a landlord ask for?

There is no statutory cap in Haryana; market practice runs 2–3 months' rent for standard unfurnished residential units and can run higher for furnished or luxury properties, by mutual agreement.

Does a tenant need to deduct TDS on rent paid?

Yes — if monthly rent exceeds ₹50,000, tenants (including individuals) must deduct 5% TDS under Section 194-IB; if the landlord is an NRI, TDS applies under Section 195 at a higher rate regardless of rent amount.

Can a landlord increase rent during the lease term?

Only if the lease agreement specifically provides for an escalation clause; absent that, rent can typically only be revised at renewal, which is why escalation terms should be fixed upfront in the agreement.

What happens if a tenant refuses to vacate after lease expiry?

The landlord can issue a legal notice and, if needed, seek eviction through the Rent Authority or civil court process; this is why clear lock-in and notice-period clauses in the lease matter from the outset.

Do I need police verification for tenants in Gurgaon?

Yes, tenant verification with local police is advisable and, in many jurisdictions, expected practice for landlords, in addition to independent employer and reference checks.

Should I lease furnished or unfurnished for better returns?

Furnished units command a rent premium and let faster but require upfront capex and periodic refurbishment; the premium only improves net yield if it exceeds annualised furnishing cost and depreciation.

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