Dear Hitesh,
This is Advocate Rohit Dalmia from Mumbai. You need to pay the rent to the lessor or his legal heirs, since the lessor is not traceable there are other ways to safe guard yourself against the eviction suit which the lessor or his legal heir may file against non payment of rent since 1975. since the cost of the property is quite high and lucrative.
It is your obligation to pay the rent as you have taken the premises on lease. Therefore, you are may call on 9324538481 for legal assisatnce. A nominal fees which shall be charged for the opinion.
Regards,