Bengaluru Renters Disappointed as Promises Fall Short
BENGALURU: Numerous property owners who entered agreements with an asset management company have reported delays in receiving their rental income. Some owners claim they haven’t received payments for five to eight months. The number of such cases appears to be growing, raising concerns about disputes over leasing agreements. “I signed a lease with Jones Asset Management to rent out my 3 BHK flat last year. Initially, everything was fine, but later they began to delay rent payments by one or two months,” stated L Kumar, one of the property owners. Another property owner, Sriram P, expressed concern after not receiving…