There are many well-known and reputed co-living rental businesses today, for instance, OYO Life. If this is what you want, you can contact such businesses and provide them with information such as how many rooms you are willing to rent out, what facilities are available, and so on. If you don’t want to deal with such huge companies, you can also find some local businesses which look after this.
Another way is to manage the PG by yourself. These days, it is not difficult to manage a PG due to the high demand for co-living spaces. As it is one of the quickest and most effective ways to make some extra income, many people convert their properties to PG. This is mainly done near UG/PG colleges or universities and major employment hubs.
Now, if you are planning to manage the PG by yourself, there are a few things you need to follow:
1. Most of the time, people do not register their PG as a commercial property. But, it might become a legal issue if something wrong occurs and you. So it is better to get the commercial license to run a PG.
2. Be specific to whom the PG is open - Boys, Girls or Mixed. Generally, people either provide gender-specific accommodation to be on the safer side.
3. Always conduct a background verification check and if possible get an agreement done. If not, at least verify the Aadhar Card and get a self-attested copy of the same.
4. Security - These days, it is important to install a CCTV camera in PGs. This is especially important if it is a female PG. This is very important for the safety of the tenants.
Now, if you want to advertise your PG, there is a quick and safe way to do so. I have recently found this interesting platform - NoBroker where I can find a PG as well. There are many people who are looking for PG options online as it is quite convenient to search. So, I would suggest, you also list your PG on this platform. It is totally free and has no middleman whatsoever. You can add a detailed description and photos & videos. You can register yourself and list it by clicking on the below link:
Post your PG advertisement for Free
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I want to give my property to pg
Nagaraj
39.7k Views
1
4 Year
2020-12-21T08:56:37+00:00 2020-12-21T08:56:37+00:00Comment
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