₹ Rental Karma Calculator
Is your landlord blessed or is your wallet cursed? Find out if you're overpaying compared to market rates!
⚖️ Neutral Karma
₹
+8%
Above Market Rate
You're paying slightly above market rate. Not terrible, but there's room to negotiate during renewal! ₹
⚖️ Rental Karma Meter
₹
Blessed ₹
Fair Deal
Slight Overpay
Overpaying
Cursed ₹
₹ Rent Comparison
Your Rent
₹25,000
Market Rate
₹23,100
Your Rate/sq ft
₹27.78
Market Rate/sq ft
₹25.67
Monthly Overpay
₹1,900
Yearly Overpay
₹22,800
₹ Rate Comparison in Your City
Premium Areas
₹40-60/sq ft
Upmarket Areas
₹25-40/sq ft
Mid-range Areas
₹15-25/sq ft
Budget Areas
₹8-15/sq ft
₹ 5-Year Impact of Overpaying
Total Overpayment
₹1,14,000
If Invested at 12%
₹1,58,760
Could've Bought
iPhone 15 Pro
₹ Negotiation Tips
- ₹ Show market rate data when negotiating renewal
- ₹ Best time to negotiate: 2-3 months before renewal
- ₹ Offer longer lease (2 years) for lower rent
- ₹ Offer to pay quarterly/yearly for 5-10% discount
- ₹ Check NoBroker, MagicBricks for comparable listings
📖 How to Use Rental Karma Calculator
- Enter Monthly Rent: Input what you pay in INR
- Select City/Area: Choose location tier (affects karma score)
- Add Apartment Size: Square footage helps calculate price per sqft
- View Karma Score: See if you're Blessed/Good/Average/Unlucky based on market rates
- Get Recommendations: Receive advice on negotiation or relocation
₹ Understanding Rental Karma
Rental Karma measures if you're paying fair market rate or getting ripped off. Indian rental markets are opaque—landlords quote wildly different prices for similar properties.
Good vs Bad Rental Karma
- Blessed (Under ₹40/sqft): Top 10% deals, likely old lease or personal connection
- Good (₹40-60/sqft): Fair market rate, good negotiation
- Average (₹60-80/sqft): Slightly overpaying but acceptable
- Unlucky (₹80+/sqft): Getting exploited, renegotiate or move
City-Wise Rental Reality (2025)
Mumbai: ₹80-150/sqft (most expensive). ₹25K gets you 250 sqft studio
Bangalore: ₹50-80/sqft. ₹25K = 400 sqft 1BHK
Delhi/NCR: ₹40-70/sqft. ₹25K = 500 sqft
Pune/Hyderabad: ₹35-60/sqft. ₹25K = 600 sqft
Tier-2 Cities: ₹20-40/sqft. ₹25K = 1000 sqft
Improve Your Rental Karma
- Negotiate 10-15% at lease renewal (inflation excuse)
- Long-term leases (2-3 years) get 20% discount
- Move to adjacent localities (save 30-40%)
- Share with roommates (halve per-person cost)
❓ FAQ
Is rent or EMI better financially?
Rent wins if: (1) You're in city under 5 years, (2) Property prices stagnant, (3) Invest rent-EMI difference at 12%+. Buy wins if: (1) Settled 10+ years, (2) Rent = EMI, (3) Property appreciates 8%+. Calculator lie: EMI eventually ends, rent is forever—but you can invest and relocate when renting.
Should I pay more for better location?
Yes, up to 30% premium IF it saves 60+ min daily commute. Your time = money. ₹10K extra rent saving 2 hours daily = ₹167 per hour value. If you earn more than ₹167 per hour, premium justified. Otherwise, save money and tolerate commute.
How often should rent increase?
Standard: 5-10% annually. Push back if landlord demands 20%+. Reference: Inflation is 6%, so 7-8% hike is fair. Stayed 3+ years with no issues? Negotiate 0-5% increase citing loyalty.