hello,
our property is in cantonment meerut, we have rented shops for last 30 years with same tenants, those were alloted with very minimal amount, which is not written in papers. their current rents are approx 2000/ each. now with change of times, as our property in prime location its our right that we should get the fair rent for our property. but in vain as tenants are adamant of not changing rents beyond marginal increase.
they are claiming very huge compensations from us which is not possible for me to pay in case to evacuate the shops.
they are ready to go to the court as we have given them notices. rent has been not received by us for the last 1 year, for which they money orders the same through court, which we refuse to accept.
they are very confident that the system would take years to settle the case ( which is true indeed) and pressurizing us through various modes to continue with the same or pay them huge compensation or else sell the shops to them and take the 20 % of market value. they were saying that as we were owing this for more than 30 years and your share would be 20 to 25 %.
kindly suggest me the better legal ways to accelerate the legal process.
