A rеntal agrееmеnt is onе of thе most important documеnts in a landlord-tеnant rеlationship. It is morе than a piеcе of papеr—it dеfinеs rights, dutiеs, financial obligations, and thе lеgal boundariеs within which both … READ FULL STORY
Whenever a landlord and a tenant agree on the terms of renting a property, they should formalise the arrangement through a rent agreement. This legally recognised document is crucial in safeguarding the interests of … READ FULL STORY
Everyday lakhs of people come to cities in Maharashtra such as Mumbai, Navi Mumbai, Thane, Pune, Nagpur, Nashik etc. in search of work and a better life. Thus, in addition to job opportunities, residential … READ FULL STORY
For a landlord, renting his property is a passive source of income. He benefits from rental revenue and price appreciation of the property over time. However, these benefits come with responsibilities—maintaining the property and … READ FULL STORY
Tenancy is a kind of ownership over the property. A tenant is someone who is permitted to occupy the property of another person, by signing a lease or rental agreement. The rental agreement empowers … READ FULL STORY
Landlord-tenant disputes can be resolved through arbitration, except when they are covered by specific forum created by rent control laws, the Supreme Court has ruled. Delivering its landmark verdict in the Vidya Drolia and … READ FULL STORY
India has nearly 11.09 million vacant urban housing units, of which 10 states and union territories (UTs) contribute to 78% (8.64 million) of total vacancy levels, says a report titled ‘Institutionalising the Rental Housing … READ FULL STORY
Abhijeet Kasliwal Marketing head, Kolkata “I have been living on rent for five years and it has been a learning experience. After completing my higher studies in Kolkata, I shared an accommodation with my … READ FULL STORY
When a landlord lets out his home on rent, or when a tenant occupies a rental home, such activities fall under the ambit of the Rent Control Act. Each state has its own Rent … READ FULL STORY
For decades, independent India peacefully lived with the concept of perpetual leases, inherited from the colonial era. Today, India is a country under construction. However, the governments’ design for housing, has perhaps failed to … READ FULL STORY
The Indian rental market has been demanding a new law to counter the Rent Control Act, 1948, for a long time. Recently, the government has shown interest in passing the Draft Model Tenancy Act, … READ FULL STORY
Located in the heart of Mumbai city, the hamlet of Khotachiwadi has Portuguese-style bungalows, which were built in the 18th and 19th centuries. The area was declared as a heritage precinct, in 1995. Khotachiwadi’s … READ FULL STORY
