PG rentals landscape is undergoing a slow transformation, with the influx of students into Laxmi Nagar looking for accommodations as they pursue coaching for CA, CS, ICWA, commerce & banking. Many home owners in Laxmi Nagar have benefited from this surge in demand from students from Bihar and UP though recently students from Haryana, Punjab and Rajasthan have come here. .
Growth of the rental market
Paying guest (PG) accommodations have gained traction, mushrooming business, making PG rentals a consumer-led market. The opportunity of going to college in a new place creates a demand for PGs as many students, find it cheaper and a lot more feasible. For students venturing out of homes for the first time this is a beautiful first step into the most adventurous chapter of your life.
Laxmi Nagar offers broker free PG for girls which are is well furnished, luxurious, also providing extremely hygienic environment with nice looking rooms, clean bed sheets, attached bathroom, WIFI and a promise of your safety and security. Girls PG Laxmi Nagar Delhi are reasonably priced near to renowned colleges, institutes with easy transport facility. The option are PG without food or with food, single/sharing occupancy luxury facilities which again vary with price. These PGs offer all comforts of home - safe, secure with full amenities.
Even accommodation for Boys AC, Non AC PG Hostel in Laxmi Nagar, Delhi fully furnished accommodations ventilated spacious PGs with attached washroom, guard, safety, food, CCTV, Wifi, security staff, power back-up, RO, food or non-food are available. Proximity to metro is an advantage.
Advice for PG seekers
It is important to fix two things before starting your PG search; first, your budget and second, shortlist of a few preferred areas. Find PG accommodations in Laxmi Nagar, Shakarpur, Nirman Vihar and Karkarduma, once you have identified these properly the rest of the search will be far easier. Next, start your PG accommodation search using paying guest websites or an online real estate website. Websites will also give a good idea of the prevailing rates for PG accommodation in Laxmi Nagar, search Placio’s website. Research well to find what Placio is offering and compare it with other service providers in this area of expertise. Do not waste your time to see just one site. Check out if public transportation is easily available nearby.
Placio’s edge
Placio offers accommodations for girls and boys keeping in mind hygiene, safety and security. Parents and students can expect complete peace of mind with this unique approach to student accommodation. Placio offers quality accommodation with every modern amenity which translates into a fully furnished room, 24x7 Emergency Helpline, 24x7 Guard, CCTV security, power backup, maintenance team, High-speed broadband and WiFi throughout the building, Air conditioning\Geyser , laundry facilities, Gym, Gaming zone, hygienic meals and TV. To assure that our residents have the best possible residential experience, we also offer a roommate matching service.
Earning opportunities
Increase in demand for PGs in Laxmi Nagar has made PG accommodation a lucrative earning opportunity for house owners. Again here too, Placio has tied up with property owners and vendors alike, to rent buildings on three-year leases enabling them to offer three different categories of student accommodation – Placio Luxury, Placio Prime and Placio Dorm. It operates separate properties for girls and boys. The accommodation tariff ranges from Rs 10,000 to Rs 24,000 per bed, per person, per month.
Tips for house owner
If you are not tying up Placio it is important to know your residents by asking for a verified identity proof and address proof. Ensure that a local contact/parent/guardian is involved who is willing to take responsibility for the residents conduct. Draft a letter of undertaking will further ensure your security and safety. Also ensure that there is independent entry of the resident students. Prepare a set of house rules like night access, noise levels, upkeep of the room/portion allotted, utility bills, breakfast menu and timings, if provided, lunch/dinner, if provided, and other cost bearing services included in the package. More importantly, specify how absences are accounted for particularly with regards to food services. Draft a agreement with an annexure showing all the furniture and fittings, fixing the responsibility of maintaining them in good condition, and handing them back to you when the students. If cost of damages/repair and/or missing items are to be recovered, make a specific mention. The best would be a tie-up with organised housing provider for renting your premises to students and relax while you earn.
