How to Determine Market Rent for Property
Querist :
Anonymous
(Querist) 05 August 2011
This query is : Resolved
DEAR SIR, THE HIGH COURT HAS DECREED ON AUG 4 2011 ON AN APPLICATION FILED BY ME THAT THE DEFENDANT , WHO IS USING AS RESIDENCE A FLOOR THAT BELONGS TO ME THAT HE SHALL PAY MARKET RENT TO ME FOR USE OF PREMISES, THE RENT TO BE DECIDED BY THE COURT. THE NEXT DATE OF HEARING IS SEP 20,11 WHEN MARKET RENT WILL BE DECIDED. MY QUERYIS : HOW SHOULD WE PUT UP OUR CASE FOR MARKET RENT.? 1FROM OUR SIDE WE SHALL TAKE OUT PRINT OUTS OF RENTAL VALUES PER SQ FEET GIVEN IN WEBSITE LIKE magicbricks. makaan.com. etc 2.PLACE CUTTINGS IN PROPERTY SPECIALS OF NEWSPAPERS WHERE RENTAL VALUES IN SQ FEET ARE GIVEN FOR DIFFERENT AREAS. OUR PROPERTY IS AT GK II AND THE RENTAL VALUES SHOWN FOR RESIDENTIAL PURPOSES IN GK II IS SHOWN BETWEEN30-33 PER SQ FEET. WOULD OUR METHDOLOGY BE ACCEPTABLE WHICH IS REASONABLE TO US. KINDLY GUIDE IN THE MATTER. VINAY KALA AUG 5,11
ajay sethi
(Expert) 05 August 2011
yes
in addition if in GK any properites have been given on rent recently find out market rent they are paying .
if it is possible get any affidavit of local estae agent as to market rent in area
Querist :
Anonymous
(Querist) 05 August 2011
THANKS SIR
THE WEBSITE magicbricks.com , makaan.com ARE BIG AGENTS AND THEY GIVE THESE IN THEIR WEBSITES.
Querist :
Anonymous
(Querist) 05 August 2011
THANKS SIR
THE WEBSITE magicbricks.com , makaan.com ARE BIG AGENTS AND THEY GIVE THESE IN THEIR WEBSITES.
