No takers for their flats, owners slash rents for first time, Real Estate News, ET RealEstate

MUMBAI: A G Mehta never had a problem finding tenants for her flat near Andheri station. Regardless of the rent she demanded—the last time it went for Rs 32,000—the 450-sqft flat used to be snapped up quickly. The lockdown changed the whole dynamic. Struck by job losses and massive salary cuts, many tenants left the […]

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