Rents in Vijayawada and Guntur on high side

Rents-Real estate News-amaravati region
House rents in Vijayawada are unbearable. High rents are collected even though the carpet area is less and the house is having insufficient facilities. Rents are to be controlled under the provisions of the Andhra Pradesh Buildings (leases, rents, vacation on issuing notices) Act, 1960 (amended in 1997). At present, in the central area of the Vijayawada city, the rents are ranging from Rs. 7,000 to 25,000. In backward areas of Vijayawada city, the rents are up to Rs. 10.000. In the posh area of Guntur city, the rents are ranging from Rs. 5,000 to 20,000.
House owners may cultivate the habit of collecting rents in proportion to the facilities provided to the tenants.


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