Sorry, you cannot vote on the same answer more than once.
We got your reaction
There are many well-known and reputed co-living rental businesses today, for instance, OYO Life. If this is what you want, you can contact such businesses and provide them with information such as how many rooms you are willing to rent out, what facilities are available, and so on. If you don’t want to deal with such huge companies, you can also find some local businesses which look after this.
Another way is to manage the PG by yourself. These days, it is not difficult to manage a PG due to the high demand for co-living spaces. As it is one of the quickest and most effective ways to make some extra income, many people convert their properties to PG. This is mainly done near UG/PG colleges or universities and major employment hubs.
Now, if you are planning to manage the PG by yourself, there are a few things you need to follow:
1. Most of the time, people do not register their PG as a commercial property. But, it might become a legal issue if something wrong occurs and you. So it is better to get the commercial license to run a PG.
2. Be specific to whom the PG is open - Boys, Girls or Mixed. Generally, people either provide gender-specific accommodation to be on the safer side.
3. Always conduct a background verification check and if possible get an agreement done. If not, at least verify the Aadhar Card and get a self-attested copy of the same.
4. Security - These days, it is important to install a CCTV camera in PGs. This is especially important if it is a female PG. This is very important for the safety of the tenants.
Now, if you want to advertise your PG, there is a quick and safe way to do so. I have recently found this interesting platform - NoBroker where I can find a PG as well. There are many people who are looking for PG options online as it is quite convenient to search. So, I would suggest, you also list your PG on this platform. It is totally free and has no middleman whatsoever. You can add a detailed description and photos & videos. You can register yourself and list it by clicking on the below link:
Post your PG advertisement for Free
Most Viewed Questions
Want to Rent My Property to Amazon or Flipkart or MyntraHow to Approach Banks to Provide Space for Bank Branch?What Happens When 99 Year Lease Expires in India?How to Rent a Suitable Commercial Space for Bank and ATM Installation?How to rent property for telecommunication tower?I Want to Install BSNL Tower On My Land. How to Get it Done?I want to get ATM machine installation on my property and give it for rent.How to Install Tower on my Land?I want to rent out a warehouse space around 2000 sq ft to 3000 sq ft at Alwar, rajasthanIf I give my land for the airtel tower installation, how much rent I will get from the company?See All
What are the Tenant Rights After 10 Years India?What are the rights of a tenant?How do I get free contacts on Nobroker?What is the going broker fees? Is it one month?What are the maintenance charges in Prestige Lakeside Habitat ApartmentsNeed Society Flat on Rent in Dwarka. Preferably 3 BHK within a monthly rental between 20000-25000 with lift, power backup. Hiring will be in 1st week of September 2021How to take land on lease from government?What can a Landlord Deduct from Your Deposit?Need 2 bhk individual rented house in Coimbatore within a budget 6000.What do you mean by PG?See All
Recently Published Questions
I Want to lease my Land to eCommerce Giants like Amazon, Flipkart. How to Do it?How to Attract Tenants for Commercial Property?How Do Commercial Property Leases Work?What Questions to Ask When Leasing a Commercial Space?What are the Legal Requirements for Commercial Landlords?Can I Terminate a Commercial Lease Early?What Happens If You Break a Commercial Lease?What does a NNN Lease Include?How to Negotiate a Commercial Lease for Retail Space?I Want to Install BSNL Tower On My Land. How to Get it Done?See All
What are the maintenance charges in Prestige Lakeside Habitat ApartmentsNeed a flatmate for a flat in posh society Suraram. How to get leads?The owner is not giving back deposit , I didnt sign the agreement and want to move out after 2 days. How to deal with this situation?How to give a land on lease on the highway?I Want to Give My Property on Rent. How Can I Do it Online?How to Find Owner of a Flat in Delhi?What are the rights of a tenant?What is a Tenant at Sufferance?Can housing society refuse bachelors?What Happens if My Landlord Dies and Has No Family?See All
Authors Of The Question
Recently Answered Questions
I want to sell my flat in sunamu Kolathur....
My shops is ready to rent
greater noida plot price range and process to buy a plot.
How to find if a property is double registered?
I want to give my property to pg
How to arrive at the sale price of an apartment
I would like to sell my property
What is Completion Certificate (CC) and why it is important document for home buyers in India?
What localities near Paschim Vihar have builder floors on sale?
Which societies have affordable 2BHk flats in Burari?
I want to give my property to pg
Nagaraj
2151Views
3 Year
2020-12-21T08:56:37+00:00 2020-12-21T08:56:37+00:00Comment
1 Answers
Share