Heavy loss in PG rents business
By Sunil.P
@sunilparthan (6302)
India
May 16, 2022 12:47am CST
I got transferred and came to a new area and here if you see because of IT companies every people build PGs and given for rent . But now because of this covid situation and work from home , they got heavy hit and no one is having income from this. Unfortunately they don't have any other means of income too .
3 people like this
2 responses
@arunima25 (87818)
• Bangalore, India
16 May 22
Yes, they were badly hit during Covid times. There are a lot of PG in Bangalore. Now, slowly they are picking up as people are getting back to work in the physical office. But still they will take few months to recover and be back on track.
1 person likes this
@sunilparthan (6302)
• India
16 May 22
Yea am also in Bangalore and I am talking about one part of it . Hope will get everything better
1 person likes this
@arunima25 (87818)
• Bangalore, India
16 May 22
@sunilparthan It's picking up slowly. My niece and nephew are back to PG life here in April after almost two years of working from home at their parents'place
1 person likes this
@sunilparthan (6302)
• India
16 May 22
@arunima25 oo great, it has to improve because as a banker I know the real problem of the PG owners who have taken loans on that
1 person likes this
@sunilparthan (6302)
• India
17 May 22
Not fully , need more improvement and if all IT companies stop the work from home concept only all pgs will get full
1 person likes this
