But it’s not a strictly like-for-like assessment. While more than 50 percent of the floating population in Bengaluru makes the city a rental-driven market, Mumbai continues to witness high traction in capital sales
With the sector falling in the GST net, costs are bound to rise. Meanwhile, experts say that in the co-living sector, several large operators have already started consolidating, while several smaller players have shut shop.
Legal experts say having a longer agreement tenure or a lock-in period in the contract can prevent the landlord from suddenly hiking the rent or asking the tenant to vacate.
Landlords now decide rentals after interviewing prospective tenants about company business model, burn rate, last-round investors, etc. Some seek up-to-date resumes and LinkedIn profiles.