 "home loans, house, flats, apartments, credit, residential")
Asit Tewari, 50, a Delhi-based lawyer, had put his house in Sector 133, Noida, on rent. A couple of months after the pandemic began, the tenants moved back to their tier-III town. His house has been lying vacant since, but Tewari still has to bear the burden of home loan EMI, property tax, and maintenance expenditure.
According to Census data, about 11-25 per cent of residential houses lie vacant across major cities. “The rental yield, on average, is only 2-2.5 per cent. Property tax and maintenance cost lower it further to 1.5-2 per cent. Besides the low return, many house
