Paying Guest

Paying Guest - Somebody who pays to stay in another person's home for a temporary period, e.g. during a vacation. somebody who pays to stay in another person's home for a temporary period, e.g. during a vacation. Paying guest accommodation is the number one choice for girls staying away from their parents. If properly selected, it can provide them the required security, privacy and comfort."

Best Alternative - If you are single and all set to relocate to a new city, a Paying Guest (PG) accommodation serves you the best alternative.

Convenience - You can conveniently slip into the comfort of a house by taking a PG room and thereby avoid the hassles of searching for room partners, to share the rent of an accommodation. Another major advantage that a PG rental offers you is the provision of meals. Whether you are a working executive or a student, your primary concern after getting the roof over your head is food.

You might not like food cooked in a hotel or even the one sent by tiffin services; in this case getting home-made food at a PG option is no less than a boon.

Some of the advantages of living as a Pg are; home-made food, laundry, furniture like bed, study or computer table, book shelf, cupboard and curtains. One may be lucky also to have a safe to keep valuables.

  Rent - The rent of hostels and paying guest accommodations varies according to the facilities available and the going rate in the city concerned. The initial cost of hostels and paying guest accommodations in Bangalore, for instance may include an advance of at least Rs 5,000 and a monthly rent of over Rs 2,000, including electricity and water charges.

For such reasons, the option of PG house is gaining ground in the country, and to your delight such accommodations are available today in most of the cities like Delhi & NCR, Mumbai, Bangalore, Pune, Hyderabad, Chennai and Kolkata.

   More Advantages

From expenditure point of view, renting a PG is much lower than the total cost of renting a flat and sometimes even lower than the shared rooms of a hostel as well.

If you rent an apartment, you need to shell out the security deposit also and this may range from the rental amount of a month to a quarter part of the year.

This condition is generally not there with PG accommodation however you may need to pay the rental in advance just like in the case of house renting. Perchance you may have to pay for a deposit of Rs 2,000-Rs 5,000, still minuscule against the security deposit equal to the rental value of two months, anywhere from Rs 5,000 to Rs 12,000.

Besides, another major benefit here surfaces up in the form of furniture like bed, study or computer table, book shelf, cupboard and curtains. For a newly shifted person, these things do matter and saves much of time and money that had to be spent in getting such things in place.

  Flourishing Business Opportunity

PG accommodation as of now has become a big business in the fast developing cities where more and more young people are migrating for education and jobs. Due to the constant influx of migrant population in bigger cities like Delhi, Gurgaon and Bangalore, the property bonanza is not surprising.

New paying guest accommodations and hostels are coming up in and around these cities. Developing a paying guest room for women working in call centers is also being considered a sound investment.

Cities like Bangalore have been soaking up the fruits of the paying guest accommodation rentals. There has been a massive recruitment of IT and BPO professionals which has increased the demand for rented property. Owners of multiple or large apartments provide PG accommodation for supplementing their income.

The rent of hostels and paying guest accommodations varies according to the facilities available and the going rate in the city concerned. The initial cost of hostels and paying guest accommodations in Bangalore, for instance may include an advance of at least Rs 5,000 and a monthly rent of over Rs 2,000, including electricity and water charges.

Most single, young working women find it convenient to pool resources for paying guest accommodation. The rules are also relaxed. Hostels especially meant for working women have found favor with working women in most metros and tier II cities. Pune, Delhi and Bangalore are good examples. Paying Guest accommodation is available at strategic locations in prime places.

 

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