With the Union Cabinet giving its nod to the Model Tenancy Act for circulation among states and union territories, housing experts including developers have welcomed the move. The model legislation ...
"The mandatory signing of the Tenancy Agreement will make the relationship between landlord and tenant more formal." "The model law also seeks to do away with the arbitrary practice of asking ...
Abhishek Trehan, Director, Trehan Iris. The Model Tenancy Act represents the government’s efforts to institutionalize rental housing by progressively bringing it into the legal market. The government ...
A shift in demographics, socio-economic trends and consumer needs, in addition to an acute housing shortage, are expected to drive the demand for the rental housing in urban locations over the next ...