mid day editorial: Rent out in haste, repent at leisure
Updated On: 22 March, 2018 06:09 AM IST | Mumbai | mid-day correspondent
Real estate is gold and gold is real estate in Mumbai
Real estate is gold and gold is real estate in Mumbai. In a city where space is at such a premium, there should be little surprise that most scams and battles are over land, homes, offices and retail spaces.
This paper ran a front page report about a family that, when looking for tenants for their home online, chanced upon a couple who wanted to rent their home. Unfortunately for them, they handed over the keys to the couple just a day before the agreement was to be signed. On the day of the signing, the couple who were now staying in the family's home, dilly dallied over the agreement and months rolled by, with them even stopping rent payments. The distraught family is now living with the frightening thought of spending time and money approaching the court to get their home back.
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