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U50 year old flat and the same config (in the floor above mine) was sold at 6/7 lakh to an outside party just 6-7 years ago. Even for the sake of argument, if the price has doubled in 6-7 years, that’s 12-14 lakhs now. At a rental yield of 3-4% in Kolkata as standard, that comes between 3k and 4.6k per month, FYI. So, nope, you’re wrong about him getting ripped.UIt’s alright, mate! No hard feelings from me too! I understand that you didn’t know the full scenario as well. Cheers!UAgreed with you! I just don’t want us to get into any legal dispute until we vacate in the next 1-2 months, hopefully. This was so sudden that we were not prepared at all.UPossible. But we have no intention at all to claim the property. And honestly, given this turn of events, we have decided to find another place soon and vacate this one. I just don’t want any legal issues to arise by then (since he’s refusing to collect rent by giving proper receipts) and hence the intention to post to seek suggestions.UOur rent is approximately ā¹3,000 per month for a 480 sqft unit in a 50-year-old, poorly maintained apartment. The landlord has never carried out any maintenance, and any upgrades to the kitchen and washroom and other things were done entirely at our expense. So, itās not as if he has borne any maintenance or repair costs as the property owner.
A similar unit on the first floor was sold to an outsider for ā¹6-7 lakhs around 6-7 years ago. So, while the rent is cheap, itās not as insignificant as youāre making it out to be when you consider the valuation and the condition. Your mention of ā¹300 rent and a property valued at ā¹10-20 crore seems completely irrelevant to this discussion.
Moreover, the landlord never asked us to vacate over these months, which would have prompted us to look for alternatives sooner. Instead, he repeatedly reassured us that he would collect the rent dues together. It was only yesterday that he finally said heād collect the dues but wouldn’t provide any receipts. Even then, he insisted we had nothing to worry about and that we could be “500 percent sure,” which came off as shady. Thatās why weāve decided to start looking for alternatives immediately.
My concern is how to prevent any potential legal issues until we find a suitable alternative in the next 1-2 months. We also want to settle the pending rent before vacating. So, please understand the situation before making judgments.
U“I personally don’t like squatters like you who have alternative accomodation but are feeling entitled to occupy someone else’s property.”I am not feeling entitled to occupy someone’s property. There was never a ask from his side to vacate the flat in the first place. And never have we ever declined to pay the rent in all these years. Even in the last few months, when he stopped coming, he has been ensuring us that he’d be coming soon to collect the rent together and there we don’t need to worry about anything. It’s only yesterday that he called and told that he’d be coming to collect the rent but not give the receipts. Even in the same call, he ensured that there’s nothing to worry. My point is that this is a sudden twist. And ofcourse, we can’t have verbal communcation of this as proof in future.
We are planning to vacate the flat anyway now. Since this conversation happened last night, we have decided to look for alternate places. But this would take time. Maybe a month or two. Then, shifting the furnitures and all would need a little time too. Till, then, I want to avoid any legal trouble. Because I feel that we have never violated any thing in this. We have not forcefully stayed here, as many are assuming.
UBro/sis, ofcourse we would be vacating the flat. But it’ll take few months. We have to start searching for a suitable one again. The point is what to do to safeguard us legally for the thing that the landlord is possibly trying to do. Because the landlord kept ensuring us till yesterday that he’d be collecting the rent soon and there’s nothing to worry. It’s not like he has been asking us to shift. So, when this all unfolded, it came as a very strange shock. Maybe, re-read the post again, friend.UThat place is something we have lived for 25 years. There are many old furnitures, that needs shifting. The new place is 3rd floor with no lift. My mother has issues in climbing stairs. So, we always had this place as a backup for her if she falls sick or hurts her knees. And there’s nothing of playing a victim thing. The landlord never asked us to move away. we are not blocking it unfairly. We have always paid rent on time over these 25 years and we have been following up with him every month even now to collect the dues of the last few months. Ofcourse, we would be shifting in future. But it can’t happen overnight or in a week. This conversation of him not giving receipts but taking the due rent happened only yesterday.UI feel the same. Either he’s trying to prepare grounds for eviction or he has sold the flat quietly and therefore can’t give receipt of the rent.
