Gone are the days when tenants used to rent a home for years and sometimes decades. Urban renting landscape has drastically changed over past few years, particularly in the segment where rent is more than 10,000 rupees. In some cases tenancy just lasts months – we heard many such stories in the field. Many Owners we work with tend to assume that tenants stay for years once they rent a home – which is exactly the opposite of what we see in today’s metros.
Here are five reasons why it is impractical to expect a tenant to stay long: