Collecting rent an uphill task for building owners

Kochi | Thursday | 14th February, 2019

Summary:

KOCHI: Building owners in the city who have rented out their properties to business establishments are facing a tough time. In Ernakulam district , there are around two lakh building owners, and in Thiruvananthapuram about 3.5 lakh.The Kerala rented building owners’ association said the government should implement laws, which give them protection and ensure absolute rights over their properties.The building owners and their tenants blame each other for such a state of affairs. In Kerala , it has been estimated that there are 18 lakh building owners. The tenants say the building owners have been harassing them. “The tenant paid an advance of Rs 1.5 lakh and made an agreement to pay Rs 3,300 per month..