Hi,
Please let me know the legally allowed limit to increase rent during rental agreement renewal in Bangalore. My landlord want to increase the rent by 35%(Rs. 5000/-) as part of the renewal and the previous agreement quotes only 5%. This is completely unfair and I need some help in taking this up. I infact agreed to pay upto 20% increase, but he is not accepting.
Any help on this would be greatly appreciated.
Regards,
-Suren.