A social media put up concerning the profitable enterprise of operating paying visitor (PG) lodging in Bengaluru has gone viral, reigniting discussions on lease, safety deposits, and housing within the metropolis.
The put up has garnered over 300,000 views and hundreds of likes and reactions. (Representational Picture)(HT Photograph)
Monalika Patnaik, on X (previously Twitter) wrote, “My dream job is to become a PG owner in Bangalore, do nothing, get a whooping rent at the end of every month and not return the security deposit.”
The put up has garnered over 300,000 views and hundreds of likes and reactions, with many customers sharing their experiences and frustrations with Bengaluru’s PG system.
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Learn her put up right here: How did X customers react?
One consumer commented, “Forget startups, the real unicorns in India are Bangalore PG owners. Zero investment, infinite returns, and no refunds. Legendary business model.”
One other consumer highlighted the excessive earnings from PG lodging, writing, “Bangalore PG building owners easily take 2.5 to 5 lakhs per month depending on the number of rooms. Multiply that by 5 or 8 for the advance they collect.”
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Some customers mirrored on their very own experiences, with one sharing, “I really had this idea of owning a PG when I was staying in one in 2014-15. Such a crazy business. But I had other ideas—I dreamt of providing good food and clean rooms.”
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Others discovered humor within the viral put up, with one remarking, “Not returning the security deposit sounds personal.”
Bengaluru’s PG lodging are a significant a part of the town’s rental ecosystem, catering to college students and younger professionals.
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