The pandemic Covid-19 has made a massive change in our life and the economy of the nation as a whole. Professionals, students all have faced immense problems throughout this pandemic. Survey reveals a downfall in renting of flats or PGs post-covid-19. Many prefer to have ownership houses. It leads to a downfall in the rental market. It also affects the payment of rent on PGs.
Previously the demand for PG was high but post covid-19, the demand for PG in Greater Noida near Jagat farm is now lowering. Keeping this fact in mind PG owners can also at a slow pace increase the rent.
There is no doubt opting for a PG can offer you some extra facilities, that you cannot get by renting a flat or apartment. PG owners calculate rent ped-bed basis, hence it will burden less to you. But in the case of a flat rental, if suddenly your roommates vacate the room, the entire burden of rent lies on you.
PGs often allow more independence than a hostel life. Moreover, most of the PGs offer excellent food quality than hostels. You can select PGs near to your workplace, and it saves your extra journey to reach your office.
But, the sudden outbreak of Covid-19 has made a huge change to the overall market condition of PG accommodation. Many professionals are turning to prefer owned or rental apartments than PGs. Post covid-19 pandemic, those who are looking for a PG, will now be more conscious of the hygiene and safety measures of the unit. They would be likely to query about the maintenance of social distancing, sanitization system, and other safety measures.
It has been noticed that many PG owners are not able to maintain hygiene in the PGs. Covid-19 pandemic has a direct impact on the rentals of PGs. In general, PG rents are always higher than a hostel in Greater Noida and hence PGs are mostly preferred by working individuals and students.
The PGs which are offering the best facilities and safety measures like regular sanitization, 24×7 security surveillance, etc. The PG operators can steadily increase the rent to get back into the new normal easily. But, due to low demand, operators may be forced to cut the rent even meeting all necessary safety measures. But as students are now getting back into normal education mode there will be again the demand for PGs and Hostels for accommodation. If you are looking for a well-maintained and secured homely atmosphere for students to stay then EzStays is the right choice for you.
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