<ul><li>Paying Guest (PG) homes in Bengaluru are facing losses of about 25 per cent due to job layoffs in the tech sector, new regulations, and higher utility bills.</li><li>Many PGs in Bengaluru have closed down in the past year, with at least two shutting down in every area, and others struggling to remain operational.</li><li>Rising water and electricity rates, coupled with compliance costs and regulatory changes, are making it challenging for PG owners to sustain the business without increasing rents for guests.</li><li>Some areas like Marathahalli and Sarjapur, frequented by IT professionals, have witnessed a higher number of PG closures, while pressure from authorities like BBMP for rule violations adds to the challenges faced by PG owners.</li></ul>

Bengaluru PGs witness a 25% loss after layoffs in the IT sector, new rules, higher water, and electricity bills

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