Working women's hostel Vs Rented flats
People in big cities usually find it very beneficial to rent out their flats to the many students in need. These flats are rented out according to the rates that that are prevailing in the market at the given time. Also, in accordance to the rent agreement that the landlord and the tenant decide upon, stated every year, the rent could increase but the given per cent, against the market norm of ten per cent. The favorable positioning of a hostel or a rented flat can become a very good source of income for the landlord People who rent out flats to the students and the working women out there cannot ask the tenants for a very high rent. This is because a student has to pay the rent besides looking after his educational needs and a working woman has to support her home and other needs too. Many a times it so happens that the building is given out for the purpose of accommodation as a paying guest-accommodation-cum-hostel. In such a case, the building serves as a shelter...