Categories: Bangalore

WFH Damage Guarantee: PG Business Going South

Pay for a guest house staring at a loss because of a lot of work from home or long distance trips
The owner who paid guest accommodation in Bengaluru patiently waited for the opening of IT / BT and BPO companies.
It has become a tiring year to pay for guest facilities after the first lock with the number of guests who hit one digit.
Many who run more than one accommodation that pays guests who sell that produce a little without income, just stick to one facility.
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Sai Kiran (40), owner of Sri Sai Venkata Luxury PG for Men and Srinivasa Gents PG, both at Mahadevapura, turned off the last week and a half years ago.
“Pre-covid-19, there are a total of 70 guests in Srinivasa Gents PG and 53 in Sri Sai Venkata Luxury Pg, but as soon as the pandemic hit, many guests emptied both PG.
I have to close one and accommodate everyone in the other,” said Kiran to Bangalore Mirror.
At present, the number of guests who pay in Sri Sai Venkata Luxury PG is only six.
Kiran paid REN2 RS 2 lakh per month to the owner of the building based in Andhra Pradesh, but now, he pays Rs 1 lakh after asking the owner to lower the rent.
Triveni, the owner of Triveni New Luxury PG for women in Koramangala, told Bangalore Mirror that he reduced rent by Rs 1,000 for each guest to attract more guests.
Facilities for women charges RS 18,000 for one room, 10,000 Rs to share twins, 8,000 Rs to share triple.
The PG rate includes food three times a day, Wi-Fi, washing machine, television, refrigerator, microwave, water, power reserve, geyser, toilet attached, CCTV cameras along with their own cooking facilities.
.
“We have around 40 guests early last year, and during the first wave, 20 left and now it has come down to 10.
We run another woman near Gangamma Temple in Koramangala, but after the first lock, we decided to sell it.
And stick to one Facilities where we have cleaning staff comes every three days.
Cooking and guards will be the same person to cut costs, “said Trivedi to Bangalore Mirror.
This scenario is the same in most guest accommodations paying in the city.
The trends recently showed, mostly, workers, contractors, supervisors and civil engineers, who into civil construction and utilities are those who live in the PGS near their work location compared to software engineers or students who are the main chunks of pre-customers Covid -19.
Anil Shetty, Gokulam owner and Shetty PG in Kumaraswamy layout near Dairanda Sagar College depend on students who pay guests: “Even though the college is reopened, students do not choose to remain in PGS because of the pandemic and pressure from parents.
They prefer to travel alternating -Balik from college to their home, “he said.

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