POSTED BY February 4, 2014 9:20 pm ONE COMMENT
ONI have a property 980 sqfeet , (500 on ground floor + 160 on 1st floor x 3 rooms ) in maharashtra , want to give on rent , for 5 yrs .
what are different rent control acts ?
Idealy what should be annual increment ? bombay rent control act ? maharashtra rent control act ? are they diff ? which is better to mantion in aggrement registry .
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Dear Drshivkumar, please take help of an advocate to draft your rent agreement. 10% hike every year can be considered keeping the inflation in mind. Please discuss the difference in these 2 act with the same advocate.
Thanks
Ashal