Increasing rent at current market price
deepak garg
(Querist) 13 September 2012
This query is : Resolved
Dear sir,
presently rent of the shop is rupees 50,can it be increased at current market price.Is there any law according to which petition can be filed for increase in rent.
Anish Thakur 7018812737
(Expert) 13 September 2012
yes , the rent can be increased to the current market price by filing a reveau suit for it ,feel freeto call on 9459321520 if you have left any query.
Guest
(Expert) 14 September 2012
Depends on the provisions of the rent control legislation prevailing in your state.
Issue a notice to your tenant for increasing the rent according to the market rent. If it does not fructify file an application for fair rent.
Ashish Davessar
Advocate
Supreme Court of India
Punjab and Haryana High Court
R.K Nanda
(Expert) 14 September 2012
yes, it can be increased by giving notice to
tenant.