Rental trend
G Anand, a resident of Andheri, in Mumbai, recently found himself in the unenviable position of having to shift out of his rented house. Other than the expenses involved in finding a new house, packing and transporting his possessions, Anand was worried about the broker’s fee that he would have to incur, which is generally [...] Continue Reading »
The Centre is of the opinion that the current legal system has discouraged landlords from reinvesting in their properties as rentals have been kept artificially low. The Model Residential Tenancy Act, 2011 prepared by the housing ministry is intended to replace archaic rent control legislations that capped rentals, resulting in landlords getting a pittance for [...] Continue Reading »
Rentals in Bangalore is booming. The reason is rise in demand for rental properties. Prices of homes in the city have shot up over the last six months, making it difficult for most to own and maintain a house. The property consultants believe people will now prefer to stay on rent rather than purchase an [...] Continue Reading »
