Lockdown caused a lot of pain to a lot of people.According to a report, during lockdown many migrated out of Mumbai and more than this, many faced a problem, even they couldn’t afford rent.

By Varun Singh

The Coronavirus led pandemic which made the government impose lockdown, brought difficult times to many people.

The real estate industry was also not spared by the lockdown, the market had almost collapsed.

Reverse migration reached its peak during the lockdown, with many people leaving the city of dreams.

A recent survey by Praja Foundation says that, 18% of the respondents they surveyed migrated out of Mumbai as they couldn’t afford rent during lockdown.

Not only this, 69% of the all people surveyed, said that they faced a difficulty in paying the rent during the lockdown.

Job losses and pay cuts had become the norm during the lockdown. Because of which a lot of tenants wanted their landlords to ease the rent contract.

Praja report says that, 60% of the tenants said that their rent contract was not eased during the lockdown period.

While 40% said that their rent contract was eased during the lockdown period.

Pankaj M, a tenant who use to stay in Khar during lockdown said that his landlord started deducting the rent from his deposit, during lockdown. It was after a lot of negotiations, that his rent was finally reduced.

Adv Prakkash Rohira, says that, one also has to see the landlord side. “For many landlords rent from their properties is the only earning and that is how they survive. If they waive off that, how are they suppose to live. So both sides the tenants as well as the landlords have to be heard.”

Also Read: Will Mumbai See 10K Sales In January?

Leave a Reply
You May Also Like

Can the Government Take Your Property During an Emergency? Here’s What the Constitution Says

As India observes 50 years since the 1975 Emergency, this in-depth analysis reveals how civil liberties and property rights were curtailed. With a focus on Articles 300A and 352, we examine the Maharashtra forest land acquisition, landmark Supreme Court rulings, and the fragile nature of constitutional protections during times of national crisis.

Indian hospitality sector witnesses 11.4% YoY RevPAR Growth in Q1 2024

The Indian hospitality sector continued to witness Year-on-Year (Y-o-Y) growth in performance…

Kartik Aaryan Buys Rs. 13 Crore Office in Mumbai’s Andheri West With Parents

Bollywood actor Kartik Aaryan and his parents have purchased a Rs. 13 crore office in Andheri West’s Signature by Lotus project. The September 2025 deal covers ~2,095 sq. ft. built-up area, 3 car parks, and stamp duty of Rs. 78 lakh, highlighting strong celebrity confidence in Mumbai’s commercial property market.

Rental income to increase by 8-10% in FY2024 for retail mall operators

ICRA expects rental income for the retail mall operators to increase by…