PG on rent in bangalore

₹ 0 to ₹ 800,000

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PG on rent in bangalore

Turn your house into PG accommodation with no great investment

PG accommodation in Bangalore is one of the most profitable businesses in Bangalore. The investments in real estate do have high value, but still PG accommodation is the best investment you can do without buying plots or house specifically for constructing PG accommodation. You can turn your home into a PG without great construction difficulties. “PG for rent “in Bangalore is one of the most profitable businesses you can invest with no significant investment. I’ll help you out with the basics of converting your home into PG accommodation. Scroll down for great investment hacks.

Why is PG on rent the most profitable business?

One exciting feature of Bangalore is the rising population. With the massive number of IT sectors and other industries offering high job, people are always migrating into the city in search of better accommodations. Not everyone can afford a 3HK flat, but everyone can easily access PG on rent with food. PG is profitable for the professionals as well as owners like you. You convert your home into a PG investing in some basic utilizes that doesn’t cost you must like other business.

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PG is a non – residential property

One thing you have to clarify before turning your home into PG is that PG is a commercial property or non – residential property. You will be liable to pay the bills and taxes that come at commercial prices. Just before you start your PG accommodation; look for the necessary license and approvals depending upon your locality.

Once all the procedures are done and your home is ready for PG, you need to run background checks on the occupants through claiming all the required documentation. Make sure you properly validate the occupant's detail so that you will not face any issue in future. PG on rent for female in Bangalore is prioritized by most of the owners.

Security features

One of the essential features is security measures that include CCTV facilities, especially for PGs that rent female tenants. PG for male in Bangalore try to avoid the basic CCTV features, but still, they are essential to safeguard their valuables from theft.

Higher the amenities higher the rent

Basic amenities play an import role in PG where you can offer home-cooked food, bed, furnished rooms and laundry service. In addition to these things, you can also provide additional facilities like air – conditioning, WI-FI Connection and other appliances like washing machine, water heater etc. The amenities you upgrade also increases the prices of the PG accommodations. If you aren't comfortable for providing food or accommodating women you can choose PG on rent for male without food.

Do you now consider PGs to be one of the best investments with positive cash flow? It still depends on your side to upgrade your home with much more utilities and has high paying tenants. If you own a house in a central place of Bangalore, you will face meagre vacancy rates and have high value for your PG accommodations.

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