With exponential growth in lifestyle expenses across India, people are willing to diversify their income sources and more often this diversification relates to passive income sources. A lifestyle year end study by NumroVani, revealed that 1 in 2 people living in Tier 1 & 2 city are looking forward to diversifying their passive income stream.
With this high level of interest among people to diversify their passive income stream, people are hopping over the internet to get ideas and experiment them in their own life as well.
According to the 2011 Census, urban India had approximately 21.72 million rented households, accounting for a substantial portion of urban dwellings. With this metric many people have opted for passive income from rentals from residential or commercial assets and many are still planning to jump into this ship.
How Landlords Can Benefit from Following Vaastu Shastra
The ancient Indian science of architecture, Vaastu Shastra, gives landlords a spiritual and pragmatic framework for besting their rental assets. Following its values can help landlords raise tenant happiness, increase retention, and draw more rent.
Vaastu-compliant buildings help to create harmonic landlord-tenant relationships, lower maintenance expenses, and financial stability. These qualities are more marketable and enticing since they also tend to appreciate and fit cultural ideals. Following Vaastu ultimately promotes long-term success, satisfaction, and wealth.
4 Common Vaastu Mistakes Landlords Make That Harm Their Success
Ignoring Land Energy While Purchase
Most often while purchasing a flat or land, people tend to only focus on Vaastu of own flat but conveniently ignores the land energy of complete condominium. This land energy impacts the Vaastu of flat and need to be evaluated beforehand and suitable remedies need to be done.
The energy of the ground is influenced by several factors, including its history, shape, orientation, soil quality, and surroundings. Ignoring these factors can result in monetary losses, high tenant turnover, maintenance problems, and personal difficulties for the occupants.
Wrong Color Choice/Interiors
Many of the times, people tend to go away with colors which are given by builders, and they need not be suited to the person as well as elemental balance for rental property.
A rental property’s desirability, rental income, and tenant retention can all be greatly impacted by interior design and color choices. The colors and interior décor should be opted in a manner which harmonizes rental yield and widespread appeal.
Failing on Promises & Commitments Made to Tenant
Failing to honor commitments made to tenants while renting the property, such as increasing rent midterm by going against the terms of contract, failing on committed repairs and maintenance disrupts the energetic harmony and flow of positivity within a rental property.
Indulgence in such activities leads to government/public facilities related challenges in the life of person such as poor infrastructure support from government, punitive and legal actions from government on one or other account among others.
To maintain prosperity and harmony, landlords should uphold their commitments, ensuring the space radiates positive energy of gain.
Ignoring Vaastu of Flat
The common myth is that property where person do not inhabit do not have impact on the owner. However, this is not the case. Properties which are vacant (not rented) will impact the owner irrespective of place where owner lives.
It is advisable to either rent the property or make sure the property is well maintained, cleaned in timely manner and have no pending dues on it.
Embrace the learnings of Vaastu in life to maximize the gain in life.
Written by
Sidhharrth S Kumaar
Registered Pharmacist, Astro Numerologist, Life & Relationship Coach, Vaastu Expert, Energy Healer, Music Therapist, and Founder, NumroVani.
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