Increment of rent

panna lal nawalkha (Querist) 05 October 2013 This query is : Resolved
yes ,either 5%every year or 15% in three years is permittssible increment in rent ,irrespective of agreement or no agreement

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R.K Nanda (Expert) 05 October 2013
10% per year is permissible.

Raj Kumar Makkad (Expert) 05 October 2013
It depends upon the terms and conditions otherwise 10% increase is the general practice.

Rajendra K Goyal (Expert) 05 October 2013
All depends upon the understanding in absence of written agreement.

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