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K'taka Minister R Ashoka says landlords can’t take rent during lockdown, sparks row

Bengaluru|Mumbai: A senior minister in Karnataka sparked a controversy on Monday by saying landlords cannot collect rent from tenants during the lockdown.<br><br>R Ashoka, revenue minister in the Karnataka government, said action will be initiated against house owners if they demand rent from tenants or force them to vacate the property due to non- payment.<br><br>u201cIn such a situation, extreme action can be taken against the house owners and they ..<br><br>As per online real estate platform Nobroker.com, Bengaluru has 2.9 million houses on rent, which includes apartment flats, small gated societies and standalone houses. According to an estimate, these properties generate about Rs 4,060 crore of rent per month. In Mumbai properties are available for rent in lodha fiorenza.<br><br>u201cAny change in regulation will impact this massive amount of rental amount the city pays and receives,u201d said Amit Agarwal, CEO at NoBroker.com.<br><br>Though the Karnataka Rent Contro ..

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K'taka Minister R Ashoka says landlords can’t take rent during lockdown, sparks row

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  1. K'takaMinisterRAshokasayslandlordscan’ttakerentduringlockdown,sparksrowK'takaMinisterRAshokasayslandlordscan’ttakerentduringlockdown,sparksrow Bengaluru|Mumbai:AseniorministerinKarnatakasparkedacontroversyonMondaybysayinglandlordscannotcollectrentfromtenantsduringthelockdown. RAshoka,revenueministerintheKarnatakagovernment,saidactionwillbeinitiatedagainsthouseownersiftheydemandrentfromtenantsorforcethemtovacatethepropertyduetonon-payment. “Insuchasituation,extremeactioncanbetakenagainstthehouseownersandthey.. AsperonlinerealestateplatformNobroker.com,Bengaluruhas2.9millionhousesonrent,whichincludesapartmentflats,smallgatedsocietiesandstandalonehouses.Accordingtoanestimate,thesepropertiesgenerateaboutRs4,060croreofrentpermonth.InMumbaipropertiesareavailableforrentinlodha fiorenza. “Anychangeinregulationwillimpactthismassiveamountofrentalamountthecitypaysandreceives,” saidAmitAgarwal,CEOatNoBroker.com. ThoughtheKarnatakaRentContro..

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