Hyderabad hostels and PGs worry supply crunch due to LPG price hike and soaring grey market rates
Hostels and paying guest (PG) accommodations in Hyderabad are facing challenges due to rising LPG prices and inflated grey market rates. Operators are struggling with increased cooking fuel costs, which are affecting their operational budgets. Some are considering passing the burden onto residents or switching to alternative energy sources.
- ▪LPG prices have risen significantly, impacting the operational costs of hostels and PGs in Hyderabad.
- ▪The grey market for LPG cylinders is charging much higher rates than the official price.
- ▪Many PG and hostel operators are reconsidering their pricing and energy usage due to the fuel cost surge.
- ▪Some establishments are exploring alternatives like induction stoves to manage expenses.
- ▪Residents may face higher charges as operators seek to offset rising fuel costs.
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