16% landlords drop 2 months' rent, 44% didn't raise it in pandemic: Survey

A survey has showed that around 16 per cent landlords waived rent for up to two months, while another 41 per cent gave tenants extension on rental payments in view of a financial crunch during the coronavirus lockdown.

The survey, conducted by property classified 99acres.com which is owned by Info Edge India Ltd, polled 49,600 house owners and brokers who have listed properties for rent or sale. The survey's motive was to assess the impact of the coronavirus pandemic on the property market.