PAINTLIB, THE LIBRARY OF PAINTINGS (MONTHLY RENT BASIS)

Dear sir and MADAM
Hiring of painting for offices and homes is a recent phenomenon in India dating barely two years.
The economy-psychology behind such hiring is obvious. This gives flexibility to regularly switch the artworks on your walls as there is no need to purchase and then be stuck with the same tired artwork for years. Apart from this this is cashflow friendly, with no up-front art purchase costs.
Art rental is tax efficient as payments are offset against business revenue and have no tax liability (compared with being a capital outlay when buying artwork), are easier to budget and renting avoids the ongoing depreciation costs of art.
The rentals are between Rs. 399/- and 999/- per month depending upon the size of the work, the artist and the period for which it has been hired.Why to buy an expensive masterpience when you can hire them on monthly rental.