Tag: #Rent agreement

In the event of a lockdown, retailers have stated that they will only pay rent in proportion to their actual business.

July 16, 2021

The top retailers and restaurant chains such as Reliance Retail, Madura Fashion & Lifestyle, Domino, Plum by Bent Chair, Mamagoto, Farzi Café, Lee, Wrangler & Cafe Warehouse, etc., insist on introduction of clauses in all new leases, which state that in the event of government-mandated closures of stores and business, they do not pay rent […]

In the event of a lockdown, retailers have stated that they will only pay rent in proportion to their actual business.more

The tenant eviction ban gets extended until June in the USA.

April 1, 2021

The Biden administration is continuing a federal moratorium on evictions of residents who fell behind on their rent during the coronavirus pandemic. The Centers for Disease Control and Prevention moved on Monday to prolong pandemic-related safety, which was due to expire on Wednesday. The ban got extended until the end of June. The ban, which […]

The tenant eviction ban gets extended until June in the USA.more

HDFC bank pays 20% less rent to the landlord due to pandemic lockdown.

August 27, 2020

Recently, the owner who leased his four-story building at the Regional Office of the HDFC Bank in Indore paid a 20% lower rent from the HDFC Bank. The landlord had no choice but to accept this since he could not know whether he could get another customer to occupy all four floors of the building. […]

HDFC bank pays 20% less rent to the landlord due to pandemic lockdown.more

ICICI Bank and other private banks demand rent waiver from their landlords.

April 17, 2020

It is known that ICICI Bank and other private lenders have reached out to their landlords requesting a rent waiver for the lockdown period. Sources said that considering the disruption caused by COVID-19, ICICI Bank has asked operating offices to obtain a waiver from their landlords as a measure of support for the bank. There […]

ICICI Bank and other private banks demand rent waiver from their landlords.more

THE MODEL TENANCY ACT, 2019

August 9, 2019

By Alok Gupta, Real Estate Consultant Almost every State in India has its own Rent Control Act. A lot of debate is going on whether the government should bring in a law to control the renting of properties in India or not. Whether one such law would be enough to cater to such a widespread industry […]

THE MODEL TENANCY ACT, 2019more

The effect of Model Tenancy Bill on owners and tenants.

July 30, 2019

By Abhay Shah, Realty Quarter Whether you are planning to leave your property or discover a house on rent, there is excellent news for you. The lately formulated Model Tenancy Bill, 2019, suggested several measures that could cover some of the grounds for disputes between tenants and landlords. The current legislation is skewed, providing one party […]

The effect of Model Tenancy Bill on owners and tenants.more

Draft Tenancy Act brings a difference for Commercial property owners.

July 13, 2019

By Abhay Shah, Realty Quarter Owners of prime commercial property, who receive low rents from tenants, speak at the central government citing the proposal to abandon all existing rental agreements in the Draft Model Tenancy Act. “We issued a report denying the suggested lock, stock and barrel Model Tenancy Act quite rightly.” The foremost reason […]

Draft Tenancy Act brings a difference for Commercial property owners.more

Things to know before paying rent to your close relatives – Income Tax Laws.

June 21, 2019

By Abhay Shah, Realty Quarter In the event that you are an employee, the income tax regulations provide certain advantages in regard to rent paid by you for your housing. Under Section 10 (13A) you can request tax advantage for the House Rent Allowance (HRA) only when you are receiving HRA from your employer and […]

Things to know before paying rent to your close relatives – Income Tax Laws.more

Rules given by a Landlord for Tenant’s Guests.

April 23, 2019

By Abhay Harish Shah , Realty Quarter There are specific rules which differ from Landlord to Landlord. Often rules fixed by a landlord is been made by considering the surroundings and the locality of the place. A society where there are many flats has some rules which may not be the same as other society. […]

Rules given by a Landlord for Tenant’s Guests.more

Tag: #Rent agreement

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