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?

The post Hard To Believe So Many Faced A Difficulty To Pay Rent During Lockdown appeared first on Square Feat India.