Lessors objectives
When there is no tenant occupying an apartment, the lessor is said to have a vacancy. For Apartments Tripunithura lessors, each vacancy represents a loss of income from rent-paying tenants for the time the apartment is vacant (i.e., unoccupied). Lessors objectives are often to minimize the vacancy rate for their units. The owner of the apartment typically when transferring possession to the occupants gives him or her key to the apartment entrance doors and any other keys needed to live there, such as a common key to the building or any other common areas, and an individual unit mailbox key. When the occupants move out, these keys are typically returned to the owner. Most builders are faced with the Herculean task of matching the price with quality. Value for money is one of the outstanding and unique features of builders. They provide quality at an affordable price. The old tenements had been basically sound, and could be given new life with replumbing with kitchens and bathroom. Thereafter, Housing Action Areas were set up to renovate so-called slums. Later, privately owned tenements benefited from government help in stone cleaning, revealing honey-colored sandstone behind the presumed grey tenement facades.
A studio flat has its own bathroom; a single room with cooking facilities and a shared bathroom is known as a bed-sit. Studio, efficiency, and bachelor style apartments all tend to be the smallest apartments with the lowest rents in a given area, usually ranging around 300 to 600 square feet (25-60 square meters). These kinds of apartments typically consist of one large room which serves as the living, dining, and bedroom. Kitchen facilities may be located in the central room, and the bathroom is often in its own smaller room. An Apartment hotel is a type of accommodation, described as a serviced apartment complex that uses a hotel style booking system to book the apartment. It is similar to renting an apartment, but with no fixed contracts and occupants can check-out at the time whenever they wish.


