Mysore/Mysuru: The COVID-19 pandemic has affected the real estate scene in Mysuru where students and professionals do not feel the need to pay high rents to stay on in the heart of the city anymore. As work from home is the new norm, they are shifting to their native places or moving to the city outskirts as rents are cheaper there when compared to the Central Business District.
As a result, many houses in central areas are vacant. When the first lockdown was announced in March and subsequently extended, many rented houses were vacated as many people lost their jobs while most of the professionals faced a steep salary cut. These factors — job losses, salary cuts, businesses shutting down — have played a role in changing home rental patterns.
