Basement - To whom I can rent my basement Basement - To whom I can rent my basement

9 months ago

To whom I can rent my basement,it is a residential property in hauz khas enclave, electricity meter is commercial,thanks

Legal Counsel Vidhikarya

Responded 9 months ago

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A.Dear Client,
A basement of a residential property having a commercial connection of electricity is logically required to be rented for commercial purposes, because an individual other than a businessman may not agree to payment of electricity charges at the commercial rate which is higher than domestic charges.
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Vidhi Samaadhaan Vidhi Samaadhaan

Anik

Responded 9 months ago

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A.Dear client,
Renting out your basement can be an additional source of income.
You can earn extra on a monthly basis by renting out your basement unit if you are not utilising the space for storage or any other purpose. If you are facing a problem in finding an appropriate tenant, you can consider renting it out to students as they look for affordable rental homes.
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