I am searching for a flat to take on rent for my brother who is getting married.
His monthly disposable income is 24 Thousand rupees.
What is the maximum that should be paid on rent considering the fact that he is getting married and will be starting a new life with the responsibilities that come with marriage?
I will be living with him for a few months. But, since I am unemployed at the moment, I will not be able to help him out financially too much which saddens me.
So, I was thinking how much he should spent on rent considering his 24K disposable income.
2007-01-22 00:37:31 · 4 answers · asked by nirjhar_jain 2 in Business & Finance ➔ Renting & Real Estate
i am looking for a flat in dwarka, new delhi, india
2007-01-22 00:48:59 · update #1
Hi,
A simple way to calculate how much rent you can dispose out of your income would be ...
1/3 of your income AFTER TAXES.
also remember that all your expenditure MUST be and should be after taxes.
anyways, happy hunting for flat and wihes for you bro's marraige.
2007-01-22 01:02:30 · answer #1 · answered by Edward E A 2 · 0⤊ 0⤋
That question is not answerable. First where do you live?? I mean where I live could be different from where you live. I live in Ma. I pay 1,000.00 a month for a three bedroom. Arizona you might find the same thing for 500.00 Need more details.
2007-01-22 00:45:05 · answer #2 · answered by sdexcalibur 3 · 0⤊ 0⤋
In Mumbai----< 5000/- sqf
In Delhi----< 8000/- sqf
In Kolkata----< 4000/- sqf
In Chennai----< 5000/- sqf
In Banglore----< 6000/- sqf
In Pune----< 5000/- sqf
In Chandigarh----< 5000/- sqf
2007-01-22 00:45:00 · answer #3 · answered by Ashish N 4 · 0⤊ 0⤋
About third of his monthly income.
2007-01-22 00:52:17 · answer #4 · answered by JC 7 · 0⤊ 0⤋