The term rent includes all charges a tenant pays to his landlord as agreed upon in the rent agreement, the Calcutta High Court has ruled. In an order passed in December 2022, the high … READ FULL STORY
State governments are obligated to inform all parties with an interest in land or property at the time of its acquisition, the Dharwad Bench of the Karnataka High Court (HC) has ruled. While giving … READ FULL STORY
Is a large part of your salary getting deducted in taxes since you stay with your parents or other family members and you are not able to claim HRA (house rent allowance) exemptions? The … READ FULL STORY
Considering the possibility of dispute in long-term and high-value tenancy agreements, most parties insert an arbitration clause in the lease deed to create a secure contract. Once the landlord and the tenant agree to … READ FULL STORY
Gone are the days when landlords and tenants in big cities had to visit notary offices, for drafting rent agreements. Now, with various platforms allowing facilities to create rent agreements online, landlords and … READ FULL STORY
If all goes according to the plan, citizens in Noida will soon be able to register rent agreements entirely online. The move is aimed at simplifying the lease registration for a city where more … READ FULL STORY
Tenants in India need to sign a lease deed with their landlords before entering a flat. While leave and licence agreements are common in the residential real estate space, tenants need to sign a … READ FULL STORY
Ramneek Patel, an MNC executive in Gurgaon, lives in a company-leased accommodation, for which his employer deducts Rs 40,000 per month for the rented apartment. Now that the Goods and Services Tax (GST) has … READ FULL STORY
More than a year after the central government circulated the Model Tenancy Act, only four states in the country have tweaked their existing rental laws to align them to the national law, the Rajya … READ FULL STORY
The union cabinet, on June 2, 2021, approved the draft model tenancy law, in a move that is likely to revive India’s rental housing market by effectuating a multitude of reforms. Let us scrutinise … READ FULL STORY
The term let-out property refers to a property leased or rented to a tenant. Let-out properties could be residential such as apartments or houses as well as commercial like office space or retail space. … READ FULL STORY
Vastu Shastra compliance, is nowadays an important factor that influences the decision of home buyers and tenants, alike. As people living in rented homes cannot undertake any civil work, if so required by Vastu, … READ FULL STORY
In order to promote rental housing in India, the government, in 2019, passed the Draft Model Tenancy Act, 2019. The central version of the model law, which would eventually be replicated by states, tries … READ FULL STORY
