On June 2, 2021, the Ministry of Housing and Urban Affairs adopted the Model Tenancy Act (MTA) to govern the lease of buildings in a transparent and efficient manner employing quasi-judicial entities. The goal was to reconcile the interests of renters and owners by resolving disputes in a timely manner by establishing an adjudicating system, […]
Category Archives: Rental
Why are rental agreements only made for 11 months?
Do you ever wonder why rental agreements are only made for 11 months? And why is one required when renting out a property? A rent agreement is essential because it protects the interests of both the tenant and the landlord. It is the most prudent course of action.
About the Delhi Rent Control Act!
Tags: Real EstateRental
The Delhi Rent Control Act was passed by the Indian government in 1958 to safeguard migrants residing in leased Delhi. After the partition, it was meant to aid in population relocation and promote the social acceptability of families in India. Agency. The Delhi Rent Control Act protects tenants’ rights against early eviction. Additionally, it offered […]
Rising housing prices and rental costs in India pose a new inflationary concern.
Tags: Realty NewsRental
Rising property prices and rental rates in major Indian cities may provide a tough opportunity to the country’s central bank in its fight against inflation, economists warn, even if apparent consumer price increases have largely peaked.
All About Tenant police verification in Pune!
Tags: Real EstateRental Guide
Tenant police verification is an important step in the process of renting a property in Pune, as it helps to ensure the safety and security of the landlord and other tenants in the building. The process involves a background check on the tenant to verify their identity and criminal history.
What exactly is rental yield?
Tags: Real EstateRental Guide
When a property is rented, it generates a fixed monthly income. Rental yield is simply the proportion of the property value earned from rental revenues over the course of a year. It is one of the most frequent ways for calculating a property’s Return on Investment (ROI). It describes the concept in depth and discusses […]
Techniques For Determining Your Rental Affordability!
Tags: Rental Guide
Before you even begin looking through rental ads, you must determine how much rent you can pay based on your present salary. If you are unaware of your financial obligations, you may wind yourself over the limit. Following are some suggestions for assessing your rental sustainability if you’re searching for a new apartment but aren’t […]
Can you submit an HRA claim for rent paid in your hometown?
Tags: Rental Guide
Let’s start by taking a look at the legislation that governs HRA for workers. According to the Income Tax Act, an employee is permitted to request HRA tax credits from their employer under specific circumstances. As long as the employee is residing in the house and all other qualifications are satisfied, this clause does not […]
Everything you need to know about rental scams and how to prevent them.
Tags: IndiaReal EstateRental
Rental scams are becoming increasingly common across the country. Unlike in the past, when a possible renter meets with a real estate agent or owner to discover a suitable housing unit, the transaction may now be simply conducted via phones and laptops. Surprisingly, technological advancements have closed the divide between the landlord and renter communities. […]
Rental Fraud and Tips to Avoid Them
Tags: Realty GuideRental
A condo scam is a fraud when someone coerces you into signing a lease or paying a deposit for a property that doesn’t exist or isn’t available. These are signs and symptoms that you could be getting scammed: being asked to hire before seeing the work; a price that appears too good to be true.
