"Tenant Refused To Pay Rent": Bengaluru CEO Shares Struggle Of Painstaking Court Battle
"Real estate is not something that works for us. More money has been made in markets with far less hassle, by us," the Capital Mind CEO said.
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"Real estate is not something that works for us. More money has been made in markets with far less hassle, by us," the Capital Mind CEO said.
The tenant refused to vacate the property until police intervention was sought. After a long struggle, the tenant finally left the property, just a day before the court ordered them to leave.
Capital Mind founder and CEO Deepak Shenoy said it took the family two years to get a court order, after which it took another three months to evict the tenant.
CEO of Capital Mind, Deepak Shenoy revealed his mother's struggle to evict a defaulting tenant for two years and advised that investments in markets have resulted in fewer issues and more significant profits.
So even in this quarter or the next, so it will probably be the December quarter that will tell us most of the differences. One has just hold on I guess, if you are thinking longer term. Otherwise, I think a lot of other players are doing really well in the market. IT is not the only game in town.