Traders urge landlords to lower rent in Jaipur

Jaipur: Due to lockdown, traders in the city had to shut their establishments for over two months. This has crippled their business. Therefore, they have urged the landlords to reduce rent in order to get much-needed relief.
Ravi Nayyar, president of Raja Park Vyapaar Mandal, said, “We made it clear to the landlords in our market that all of us have suffered losses.After the relaxations, shops have opened but customers are not coming. Hence, we won’t be able to sustain while giving such hefty amount of rent. So, they should either lower the rent or we will vacate the premise. Landlords know that no one would take the property on rent soon, so they have lowered the rent by 15-20% in the market for next six months.”
Most of the shops in the Walled City are on rent. There are many areas where the rent starts from Rs 20,000 and goes up to Rs 1 lakh. In MI Road, rent goes up to Rs 5 lakh as well.
Subhash Goyal, president of Jaipur Vyapaar Mandal Mahasangh said, “Nahargarh Road in Walled City have many shops paying hefty rent. We have received many calls as people are demanding to reduce rent at the time of crisis. No one has earned a single penny in these months, so people are negotiating with their landlords.”
Some landlords in the city have come forward to reduce the rent.
Govardhan Singh has 10 shops at Khatipura Road where he has waived off two months’ rent. “It is the time of crisis. We have waived off two months’ rent and for next six months only 50% will be charged. If this won’t be done, then people will not be able to sustain.”