Property Tax on a PG: Residential or Commercial Rate?

Property Tax on a PG: Residential or Commercial Rate? The building may still look like the family home it once was, but its property-tax record might need to change after you start a PG. An assessment that describes every floor as self-occupied housing can become difficult to defend when you advertise beds, collect accommodation fees… Continue reading Property Tax on a PG: Residential or Commercial Rate?

PG Agreement, Rent Agreement or Leave and Licence: Which One Should PG Owners Use?

PG Agreement, Rent Agreement or Leave and License: Which One Should PG Owners Use? A PG owner may offer a bed, meals, housekeeping and managed access, while another hands over an independent flat with very little involvement. Both may call their paperwork a “PG agreement”, but that label does not make the two arrangements legally… Continue reading PG Agreement, Rent Agreement or Leave and Licence: Which One Should PG Owners Use?

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How Much Brokerage Should You Pay for a Rented Flat or PG?

How Much Brokerage Should You Pay for a Rented Flat or PG? A flat advertised at ₹20,000 a month can require much more than ₹20,000 before you move in. Alongside the deposit and advance rent, the broker may ask for another month’s rent as commission. A second agent might quote half that amount, while a… Continue reading How Much Brokerage Should You Pay for a Rented Flat or PG?

Do PGs Pay Commercial Electricity Rates? State-wise Rules

Do PGs Pay Commercial Electricity Rates? State-wise Rules An electricity bill can carry a domestic tariff code even after a family house becomes a full-scale PG. That does not necessarily make the category correct. Equally, a PG owner cannot justify a high tenant charge simply by saying, “We pay commercial rates.” The DISCOM’s classification and… Continue reading Do PGs Pay Commercial Electricity Rates? State-wise Rules

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Converting Your Family Home Into a PG: Legal, Layout and Payback Checklist

Converting Your Family Home Into a PG: Legal, Layout and Payback Checklist A spare floor can look like the beginning of a rental business: add beds, advertise near a college or office hub, and start collecting monthly payments. But a family home serves one household. A PG must support several residents with different schedules, shared… Continue reading Converting Your Family Home Into a PG: Legal, Layout and Payback Checklist

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Is PG Income ‘House Property’ or ‘Business Income’? How to Pay the Right Tax

Is PG Income ‘House Property’ or ‘Business Income’? How to Pay the Right Tax A PG owner and a PG operator can earn money from the same building and report it differently. The owner may collect a fixed monthly rent, while the operator collects bed charges, serves meals, employs staff and handles daily upkeep. Calling… Continue reading Is PG Income ‘House Property’ or ‘Business Income’? How to Pay the Right Tax

Can Your Housing Society Stop You From Running a PG?

Can Your Housing Society Stop You From Running a PG? You own an apartment, see demand for shared accommodation and decide to offer rooms to paying guests. Then the society objects: more visitors, extra lift use, unfamiliar faces at the gate. Before buying beds or accepting deposits, you need to establish whether the objection concerns… Continue reading Can Your Housing Society Stop You From Running a PG?

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