They are very demanding. They can give run for money to their landlords. The demanding tribe of tenants is growing manifold. Welcome to the world of new breed of tenants. Actually they have emerged in the capital over the years. This fast growing tribe is extremely demanding. They expect everything from their landlord at the cost of paying almost nothing. The situation has come to such a stage when many landlords are thinking on the lines of not giving their flats or floors or flats on rent at all. As recently as a few years ago a floor of 500 sq. yard house in areas like Chankaypuri, Hauz Khas,Vasant Vihar, Panchsheel Park of the capital used to fetch up to Rs 1.50 thousand per month. Agreed, those were the days when property market of the capital was its peak.
Things, however, have changed over the last couple of years. The emergences of DLF and to some extent Noida have hit the real estate market of elite areas of the capital. The current situation is that finding a tenant who can pay more than Rs 75 thousand for the 500 sq. yard floor or flat is almost unthinkable.
But, the breed of prospective tenants have others ideas. They are asking for such type of floors or flats for from Rs 45 to 60 thousand only. Almost 70 per cent less than the rates of peak days. Mrs Madhuri Jain, who owns an 800 sq. yard house in Shanti Nikaten, says that she meets number of people in order to give one floor to them on rent. Almost all of them are very unfair in their thinking. Given a chance they wouldn”’t mind living in somebody’s house without spending even a single penny. Agreed, Mrs. Jain says, that there is a slump in the property market and many new options have come up for both buyers and tenants, but that doesn’t mean that prospective tenant offer unrealistic price to their landlord.
More : mynews.in
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