In order to lease your flat for a guest house or service apartment, you will have to put in some fixtures and furniture in it e.g bed, a cupboard, this has to be individull for each persone staying there, then you will have to get a noc/police verification from the police department, you will have to maintain a register for your tenents staying with a copy of ID cards and Add Proof.inorder to fetch a premium on your rent per bed put in a telivision and you can put in a gas stove for there cooking of tea etc...Good Luck..!
To get a good rental value for your property I would suggest following.
1) Create a seller profile and post your property preferably with images and/or videos in couple of leading real estate property portals . Most of the portals allows free property posting, may be up to one/two properties.
2) By having a seller profile you can manage your leads, responses and campaigns in better way.
3) Please explore with tools like 'Rate and Trend' to know the current price of property.
4) Post in free classified web sites like OLX and quickr. It is totally free.
5) Consult some local dealers to cross ckeck the rates.
You can start right away by selecting 'Sell,Rent Property' from top navigation bar.
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