enting the premises for Renting rules in India and
commercial or residential the obligation. Following are few
purpose is now-a-days of the tenets of the renting
considered as the best Business rules prevalent in India.
practice by those who have the
properties to let on rent. In 1) There are three types of
India, the population migration rental agreements: week-to-week,
in most of the big cities and month-to-month, a fixed term of
towns like Delhi, Mumbai, not less than 6 months and not
Bangalore, Hyderabad, Jaipur, more than 12 months. The type of
Chandigarh etc have reached to rental agreement will determine
its capacity and hence the spurt when the rent is due and the
in the prices of real estate minimum notice of termination to
rental properties . Every week be given by the landlord or
thousands of Houses and rental tenant.
properties to let are
advertised in the leading dailies 2) The landlord shall give the
by the Owner of the properties or tenant a duplicate copy of the
the rental agents on behalf of rental agreement within 10 days
the owner of the properties to after the date of signing by all
woo the prospective clients. parties. If the landlord fails to
do this, the tenant is not
So, there may be many property obligated to pay rent until the
owners and so the rental agents tenant receives a copy of the
in India but the renting rules rental agreement. However, any
are more or less same throughout rent already paid may be kept by
the country. Hence, it is the landlord.
essential for every prosperous
tenant and landlord to understand 3) The landlord shall maintain
the basic features of the the premises in a good state of
repair and fit for habitation landlord or other tenants in the
during the tenancy and shall premises, a common area or the
comply with a law respecting property of which they form a
health, safety or housing. part.
4) The tenant shall keep the 7) The landlord shall not
premises clean, and shall repair unreasonably interfere with the
damage caused by a willful or tenant's peaceful enjoyment of
negligent act of the tenant or of the premises, a common area or
a person whom the tenant permits the property of which they form a
on the premises. part.
5) The tenant may assign, sublet 8) Rest the basic facts for the
or otherwise part with the security Deposit and the rent as
possession of the premises specified in the agreements and
subject to the consent of the other features as specified, are
landlord, and the landlord shall the basic obligation of the
not arbitrarily or unreasonably Tenant and the landlord.
withhold consent and shall not
levy a charge in excess of So in India with the more booming
expenses actually incurred by the economy, education, development
landlord in relation to giving the major thrust is on the Real
consent. estate properties and the renting
services. So, on the face value
6) Except in the case of an the Rental trend in India is
emergency, the landlord shall not quite catching and looking very
enter the premises without the promising for those who have the
consent of the tenant unless the properties to let on rent. But,
tenant shall not unreasonably still it needs to be more
interfere with the rights of the regularized and systematic in
order to make it more internets "text_image";
friendly and to protect the
rights of every tenant and google_ad_channel
landlord under the most ="3545651507";
transparent legal boundary.
google_color_border =
For More On India Rentals Visit - "FFFFFF";
http://www.realtymantrarentals.co
m google_color_bg = "FFFFFF";
google_color_link =
type="text/javascript">
t-728x90.php";
google_ad_width = 728; type="text/javascript"
google_ad_height = 90;
src="http://pagead2.googlesyndica
google_ad_format = tion.com/pagead/show_ads.js">
"728x90_as";
google_ad_type =
About the Author:
Suruchi Iyyer is full time author and internet marketer in India. He has been involved in real estate business and traveled extensively for same. Presently she is developing and writing articles for Indian Real website - http://hwww.realtymantrarentals.com on topics that relates to India Realty.
