NEW DELHI : Amid the coronavirus related lockdown across India, most landlords are being kind to tenants who are suffering from financial stress, according to a survey report released today.
Around 16% landlords waived off rent for two months while another 41% provide extension on rent payments, a survey by online real estate portal 99acres.com says.
The portal conducted a study amongst brokers and owners who want to rent out or sell their property to understand the impact of COVID-19 on their behaviour, preferences and expectations.
The survey found that most of the landlords are extending a helping hand to the tenants -- 44% have not increased the rent, 41% are giving more time to their tenants to pay and 16% have waived-off the rent for