Furniture rental startups have provided us a quick solution that promises young professionals of India to own their dream furniture at minimal cost.
Even a decade ago, the concept of renting furniture to fill up your home raised quite a few eyebrows, but now it has become one of the explosive trends in India. What brought this drastic change of mindset? It was the surging demands of millennials asking for comfortable and trendy furniture without shelling out thousands and thousands of bucks.
Furniture rental startups have provided us a quick solution that promises young professionals of India to own their dream furniture at minimal cost. Simply rent it instead of buying. Very soon, the youth of this country understood how futuristic and practical this solution was and it serves multiple purposes too.
Constantly on the move? We may have something
India’s youth is constantly moving to different cities all over the country. This may be because they are either searching for their dream job or their current job often sends them on deputation or a posting. Carrying a bunch of old bulky furniture, paying a bulk of money to have them transferred and then spending all weekend and maybe part of the week to set it all up is a headache. Now repeat this process every few months/years.
This is why renting furniture is becoming so popular in India. People are now simply going online, renting a complete house décor and their new furniture is getting delivered and being set up by the service provider.
Buying new furniture ruining the budget?
Every person needs to adhere to some kind of budget. This is especially important if you are a millennial and just started your new job. Money is tight and the budget is limited. In this case, buying personal furniture that costs thousands of rupees is simply not feasible.
A basic but good quality wardrobe starts at Rs. 25,000, whereas a proper bed with mattress comes at 40,000 in the market. But with renting all these can be acquired well below Rs. 5,000 per month.
Want your personality to reflect through your furniture?
There is no doubt that India’s youth has a very different taste and personality than that of their parents. Yet they are forced to use the hand-me-down pieces of furniture that are from their parents’ or even their grandparents’ era.
This totally subdues the youths’ personality. How we decorate our homes affects our mood, creativity, and productivity. Keeping gloomy and worn out furniture pieces around us does not reflect the energetic and constantly changing vibe of India’s youth. Simply rent sleek and ultra-modern furniture that goes with your taste and needs and become more confident.
Selling furniture causing more effort than buying?
Where money is already tight and time is precious, the headache of selling used furniture is a transaction of loss. No one gets the desired money and today’s young professionals shouldn’t just settle with whatever they get.
With renting furniture you only pay for what you enjoy and no extra cost. There is no loss of money and when the time comes to return the furniture; simply call the service providers and they will pick up the items from your doorstep. This is very convenient if you are changing cities constantly but also an excellent idea when millennials want their home décor to change every so often so that nothing becomes boring.
Not enough time to maintain and service furniture?
Like every other thing, furniture pieces need regular servicing and maintenance. Otherwise, they will soon lose their quality. This is a heavy task that has become a problem for busy professionals.
However, with renting, service providers often offer complimentary maintenance of the products at fixed intervals. This along with all other benefits of renting furniture has made this sector so popular in India.
Authored by Mr. Sidhant Lamba, Founder, Fabrento